EPR vs. 0823.HK

Last updated Jun 9, 2026

EPR (EPR Properties) and 0823.HK (Link Real Estate Investment Trust) are both stocks. Both operate in the REIT - Retail industry within the Real Estate sector. Over the past 10 years, EPR returned 3.47%/yr vs 2.55%/yr for 0823.HK. At a 0.06 correlation, their price movements are largely independent.

Performance

EPR vs. 0823.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EPR Properties (EPR) and Link Real Estate Investment Trust (0823.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EPR is traded in USD, while 0823.HK is traded in HKD. To make them comparable, the 0823.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EPR achieves a 18.74% return, which is significantly higher than 0823.HK's 11.17% return. Over the past 10 years, EPR has outperformed 0823.HK with an annualized return of 3.47%, while 0823.HK has yielded a comparatively lower 2.55% annualized return.

EPR

• 1D: 0.49%
• 1M: -0.57%
• YTD: 18.74%
• 6M: 17.27%
• 1Y: 8.77%
• 3Y*: 16.38%
• 5Y*: 8.88%
• 10Y*: 3.47%

0823.HK

• 1D: -0.19%
• 1M: -5.33%
• YTD: 11.17%
• 6M: 10.38%
• 1Y: -0.17%
• 3Y*: -0.13%
• 5Y*: -6.89%
• 10Y*: 2.55%

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

EPR vs. 0823.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EPR EPR Properties	18.74%	20.52%	-1.25%	38.83%	-14.61%	50.60%	-52.09%	17.13%	3.59%	-3.41%
0823.HK Link Real Estate Investment Trust	11.17%	12.99%	-18.31%	-18.82%	-12.50%	0.71%	-10.44%	7.90%	13.05%	47.81%

Correlation

The correlation between EPR and 0823.HK is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jun 27, 2007	0.06

Return for Risk

EPR vs. 0823.HK — Risk / Return Rank

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

EPR

EPR Risk / Return Rank: 51
EPR Sharpe Ratio Rank: 56
EPR Sortino Ratio Rank: 49
EPR Omega Ratio Rank: 47
EPR Calmar Ratio Rank: 53
EPR Martin Ratio Rank: 52

0823.HK

0823.HK Risk / Return Rank: 41
0823.HK Sharpe Ratio Rank: 45
0823.HK Sortino Ratio Rank: 36
0823.HK Omega Ratio Rank: 37
0823.HK Calmar Ratio Rank: 43
0823.HK Martin Ratio Rank: 43

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.

EPR vs. 0823.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EPR Properties (EPR) and Link Real Estate Investment Trust (0823.HK). 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.

	EPR	0823.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.40	0.10	+0.30
Sortino ratio: Return per unit of downside risk	0.69	0.25	+0.44
Omega ratio: Gain probability vs. loss probability	1.09	1.04	+0.05
Calmar ratio: Return relative to maximum drawdown	0.45	0.10	+0.36
Martin ratio: Return relative to average drawdown	0.90	0.17	+0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EPR vs. 0823.HK - Sharpe Ratio Comparison

The current EPR Sharpe Ratio is 0.40, which is higher than the 0823.HK Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of EPR and 0823.HK, 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

	EPR	0823.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.10	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	-0.30	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.12	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.42	-0.12

Drawdowns

EPR vs. 0823.HK - Drawdown Comparison

The maximum EPR drawdown since its inception was -82.02%, which is greater than 0823.HK's maximum drawdown of -61.97%. Use the drawdown chart below to compare losses from any high point for EPR and 0823.HK.

Drawdown Indicators

	EPR	0823.HK	Difference
Max Drawdown Largest peak-to-trough decline	-82.02%	-61.97%	-20.05%
Max Drawdown (1Y) Largest decline over 1 year	-19.51%	-19.98%	+0.47%
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	-31.41%	+11.90%
Max Drawdown (5Y) Largest decline over 5 years	-35.63%	-54.67%	+19.04%
Max Drawdown (10Y) Largest decline over 10 years	-82.02%	-61.97%	-20.05%
Current Drawdown Current decline from peak	-3.10%	-44.36%	+41.26%
Average Drawdown Average peak-to-trough decline	-16.59%	-17.77%	+1.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.81%	11.01%	-1.20%

Volatility

EPR vs. 0823.HK - Volatility Comparison

The current volatility for EPR Properties (EPR) is 4.60%, while Link Real Estate Investment Trust (0823.HK) has a volatility of 4.87%. This indicates that EPR experiences smaller price fluctuations and is considered to be less risky than 0823.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPR	0823.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	4.87%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	16.41%	12.69%	+3.72%
Volatility (1Y) Calculated over the trailing 1-year period	22.33%	19.70%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.15%	23.73%	+2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.45%	22.59%	+19.86%

Dividends

EPR vs. 0823.HK - Dividend Comparison

EPR's dividend yield for the trailing twelve months is around 6.22%, less than 0823.HK's 6.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0823.HK Link Real Estate Investment Trust	6.80%	7.61%	8.14%	5.68%	5.11%	4.36%	3.96%	3.32%	3.17%	3.19%	4.22%	4.03%
EPR EPR Properties	6.22%	7.05%	7.68%	6.81%	8.62%	3.16%	4.66%	6.37%	5.62%	6.23%	5.35%	6.21%

Financials

Frequently Asked Questions

Can I hold both EPR and 0823.HK in my portfolio?

EPR and 0823.HK have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.