DLR vs. WELL
DLR (Digital Realty Trust, Inc.) and WELL (Welltower Inc.) are both stocks. Both are in the Real Estate sector — DLR in REIT - Specialty, WELL in REIT - Healthcare Facilities. Over the past 10 years, DLR returned 9.89%/yr vs 15.50%/yr for WELL. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
DLR vs. WELL - Performance Comparison
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Returns By Period
In the year-to-date period, DLR achieves a 19.87% return, which is significantly higher than WELL's 16.22% return. Over the past 10 years, DLR has underperformed WELL with an annualized return of 9.89%, while WELL has yielded a comparatively higher 15.50% annualized return.
DLR
- 1D
- 0.74%
- 1M
- -4.71%
- YTD
- 19.87%
- 6M
- 21.68%
- 1Y
- 7.39%
- 3Y*
- 24.63%
- 5Y*
- 6.15%
- 10Y*
- 9.89%
WELL
- 1D
- 1.69%
- 1M
- -2.68%
- YTD
- 16.22%
- 6M
- 15.53%
- 1Y
- 43.19%
- 3Y*
- 40.64%
- 5Y*
- 24.91%
- 10Y*
- 15.50%
DLR vs. WELL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLR Digital Realty Trust, Inc. | 19.87% | -10.07% | 35.90% | 39.95% | -41.00% | 30.66% | 20.37% | 16.52% | -3.00% | 19.80% |
WELL Welltower Inc. | 16.22% | 49.86% | 43.07% | 41.79% | -21.18% | 36.98% | -17.19% | 23.04% | 15.31% | 0.22% |
Correlation
The correlation between DLR and WELL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2004 | 0.50 |
Over the past year, the correlation between DLR and WELL has dropped to 0.25 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
Fundamentals
DLR:
$4.53
WELL:
$2.02
DLR:
40.63
WELL:
106.16
DLR:
1.09
WELL:
2.35
DLR:
9.48
WELL:
12.85
DLR:
$5.09B
WELL:
$11.63B
DLR:
$1.67B
WELL:
$3.25B
DLR:
$3.18B
WELL:
$3.00B
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Return for Risk
DLR vs. WELL — Risk / Return Rank
DLR
WELL
DLR vs. WELL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Digital Realty Trust, Inc. (DLR) and Welltower Inc. (WELL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLR | WELL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.34 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 3.44 | -3.00 |
| Martin ratioReturn relative to average drawdown | 1.09 | 8.47 | -7.38 |
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Drawdowns
DLR vs. WELL - Drawdown Comparison
The maximum DLR drawdown since its inception was -56.80%, smaller than the maximum WELL drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for DLR and WELL.
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Drawdown Indicators
| DLR | WELL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.80% | -63.33% | +6.53% |
Max Drawdown (1Y)Largest decline over 1 year | -16.83% | -12.61% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -29.40% | -12.99% | -16.41% |
Max Drawdown (5Y)Largest decline over 5 years | -48.52% | -40.78% | -7.74% |
Max Drawdown (10Y)Largest decline over 10 years | -48.52% | -63.33% | +14.81% |
Current DrawdownCurrent decline from peak | -9.67% | -2.68% | -6.99% |
Average DrawdownAverage peak-to-trough decline | -11.13% | -10.31% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.82% | 5.11% | +1.71% |
Volatility
DLR vs. WELL - Volatility Comparison
The current volatility for Digital Realty Trust, Inc. (DLR) is 7.62%, while Welltower Inc. (WELL) has a volatility of 9.54%. This indicates that DLR experiences smaller price fluctuations and is considered to be less risky than WELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DLR | WELL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 9.54% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 16.30% | 17.14% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.76% | 21.65% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 23.82% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.19% | 31.90% | -3.71% |
Dividends
DLR vs. WELL - Dividend Comparison
DLR's dividend yield for the trailing twelve months is around 2.65%, more than WELL's 1.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLR Digital Realty Trust, Inc. | 2.65% | 3.15% | 2.75% | 3.63% | 4.87% | 2.62% | 3.21% | 3.61% | 3.79% | 3.27% | 3.58% | 4.50% |
WELL Welltower Inc. | 1.38% | 1.52% | 2.03% | 2.71% | 3.72% | 2.84% | 4.18% | 4.26% | 5.01% | 5.46% | 5.14% | 4.85% |
Financials
DLR vs. WELL - Financials Comparison
This section allows you to compare key financial metrics between Digital Realty Trust, Inc. and Welltower Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
DLR vs. WELL - Profitability Comparison
DLR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported a gross profit of 0.00 and revenue of 303.36M. Therefore, the gross margin over that period was 0.0%.
WELL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported a gross profit of 0.00 and revenue of 3.35B. Therefore, the gross margin over that period was 0.0%.
DLR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported an operating income of 195.64M and revenue of 303.36M, resulting in an operating margin of 64.5%.
WELL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported an operating income of 752.32M and revenue of 3.35B, resulting in an operating margin of 22.4%.
DLR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Digital Realty Trust, Inc. reported a net income of -12.46M and revenue of 303.36M, resulting in a net margin of -4.1%.
WELL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported a net income of 728.67M and revenue of 3.35B, resulting in a net margin of 21.7%.
Frequently Asked Questions
DLR and WELL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WELL has higher volatility (9.54%) compared to DLR (7.62%). In terms of maximum drawdown, DLR dropped -56.80% vs WELL's -63.33%.
WELL currently has the higher Sharpe Ratio (2.01 vs 0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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