ELME vs. BRT

Last updated Jun 4, 2026

ELME (Elme Communities) and BRT (BRT Apartments Corp.) are both stocks. Both operate in the REIT - Residential industry within the Real Estate sector. Over the past 10 years, ELME returned -4.21%/yr vs 12.89%/yr for BRT. At a 0.20 correlation, their price movements are largely independent.

Performance

ELME vs. BRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Elme Communities (ELME) and BRT Apartments Corp. (BRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELME achieves a -24.37% return, which is significantly lower than BRT's -1.45% return. Over the past 10 years, ELME has underperformed BRT with an annualized return of -4.21%, while BRT has yielded a comparatively higher 12.89% annualized return.

ELME

• 1D: -0.98%
• 1M: -7.34%
• YTD: -24.37%
• 6M: -23.97%
• 1Y: -15.62%
• 3Y*: -1.80%
• 5Y*: -8.34%
• 10Y*: -4.21%

BRT

• 1D: -0.77%
• 1M: 0.14%
• YTD: -1.45%
• 6M: 1.07%
• 1Y: -5.36%
• 3Y*: -4.06%
• 5Y*: 0.62%
• 10Y*: 12.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ELME vs. BRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ELME Elme Communities	-24.37%	17.69%	9.65%	-14.09%	-28.85%	24.26%	-21.88%	32.42%	-22.82%	-1.18%
BRT BRT Apartments Corp.	-1.45%	-13.25%	2.72%	-0.04%	-14.36%	65.66%	-3.09%	57.19%	3.74%	48.82%

Correlation

The correlation between ELME and BRT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992	0.20

The correlation between ELME and BRT shifts across timeframes, from 0.20 (all time) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ELME : $177.89M BRT : $256.87M
EPS ELME : -$1.75 BRT : -$0.68
PB Ratio ELME : 0.87 BRT : 1.52
Total Revenue (TTM) ELME : -$61.49M BRT : $98.01M
Gross Profit (TTM) ELME : -$135.85M BRT : $12.37M
EBITDA (TTM) ELME : -$44.05M BRT : $38.34M

Return for Risk

ELME vs. BRT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELME

ELME Risk / Return Rank: 22
ELME Sharpe Ratio Rank: 20
ELME Sortino Ratio Rank: 21
ELME Omega Ratio Rank: 16
ELME Calmar Ratio Rank: 27
ELME Martin Ratio Rank: 26

BRT

BRT Risk / Return Rank: 28
BRT Sharpe Ratio Rank: 30
BRT Sortino Ratio Rank: 25
BRT Omega Ratio Rank: 25
BRT Calmar Ratio Rank: 30
BRT Martin Ratio Rank: 29

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ELME vs. BRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Elme Communities (ELME) and BRT Apartments Corp. (BRT). 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.

	ELME	BRT	Difference
Sharpe ratio Return per unit of total volatility	-0.49	-0.26	-0.22
Sortino ratio Return per unit of downside risk	-0.41	-0.23	-0.17
Omega ratio Gain probability vs. loss probability	0.91	0.97	-0.06
Calmar ratio Return relative to maximum drawdown	-0.42	-0.34	-0.08
Martin ratio Return relative to average drawdown	-0.77	-0.66	-0.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELME vs. BRT - Sharpe Ratio Comparison

The current ELME Sharpe Ratio is -0.49, which is lower than the BRT Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of ELME and BRT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ELME	BRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	-0.26	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	0.02	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.15	0.35	-0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.05	+0.11

Drawdowns

ELME vs. BRT - Drawdown Comparison

The maximum ELME drawdown since its inception was -59.89%, smaller than the maximum BRT drawdown of -95.38%. Use the drawdown chart below to compare losses from any high point for ELME and BRT.

Drawdown Indicators

	ELME	BRT	Difference
Max Drawdown Largest peak-to-trough decline	-59.89%	-95.38%	+35.49%
Max Drawdown (1Y) Largest decline over 1 year	-37.42%	-16.00%	-21.42%
Max Drawdown (3Y) Largest decline over 3 years	-37.42%	-27.60%	-9.82%
Max Drawdown (5Y) Largest decline over 5 years	-49.65%	-35.28%	-14.37%
Max Drawdown (10Y) Largest decline over 10 years	-54.05%	-58.76%	+4.71%
Current Drawdown Current decline from peak	-47.22%	-30.33%	-16.89%
Average Drawdown Average peak-to-trough decline	-15.72%	-50.90%	+35.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.23%	8.09%	+12.14%

Volatility

ELME vs. BRT - Volatility Comparison

Elme Communities (ELME) has a higher volatility of 6.16% compared to BRT Apartments Corp. (BRT) at 4.96%. This indicates that ELME's price experiences larger fluctuations and is considered to be riskier than BRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELME	BRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.16%	4.96%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	32.70%	13.40%	+19.30%
Volatility (1Y) Calculated over the trailing 1-year period	32.25%	20.52%	+11.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.72%	29.22%	-2.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.69%	36.53%	-8.84%

Dividends

ELME vs. BRT - Dividend Comparison

ELME's dividend yield for the trailing twelve months is around 744.06%, more than BRT's 7.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRT BRT Apartments Corp.	7.03%	6.80%	5.55%	5.38%	4.99%	3.75%	5.79%	4.95%	6.99%	3.05%	0.00%	0.00%
ELME Elme Communities	744.06%	3.10%	4.72%	4.93%	3.82%	3.64%	5.55%	4.11%	5.22%	3.86%	3.67%	4.43%

Financials

Frequently Asked Questions

Can I hold both ELME and BRT in my portfolio?

ELME and BRT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELME or BRT?

ELME has higher volatility (6.16%) compared to BRT (4.96%). In terms of maximum drawdown, ELME dropped -59.89% vs BRT's -95.38%.

Which has better risk-adjusted returns?

BRT currently has the higher Sharpe Ratio (-0.26 vs -0.49), 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.