ESS vs. EQIX
ESS (Essex Property Trust, Inc.) and EQIX (Equinix, Inc.) are both stocks. Both are in the Real Estate sector — ESS in REIT - Residential, EQIX in REIT - Specialty. Over the past 10 years, ESS returned 6.49%/yr vs 13.29%/yr for EQIX. At a 0.34 correlation, their price movements are largely independent.
Performance
ESS vs. EQIX - Performance Comparison
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Returns By Period
In the year-to-date period, ESS achieves a 10.01% return, which is significantly lower than EQIX's 40.16% return. Over the past 10 years, ESS has underperformed EQIX with an annualized return of 6.49%, while EQIX has yielded a comparatively higher 13.29% annualized return.
ESS
- 1D
- -1.20%
- 1M
- 7.00%
- YTD
- 10.01%
- 6M
- 14.13%
- 1Y
- 5.10%
- 3Y*
- 10.51%
- 5Y*
- 1.70%
- 10Y*
- 6.49%
EQIX
- 1D
- -1.68%
- 1M
- -0.38%
- YTD
- 40.16%
- 6M
- 45.12%
- 1Y
- 18.86%
- 3Y*
- 15.04%
- 5Y*
- 7.68%
- 10Y*
- 13.29%
ESS vs. EQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 10.01% | -4.98% | 18.36% | 21.97% | -37.76% | 52.40% | -18.09% | 25.92% | 4.83% | 6.82% |
EQIX Equinix, Inc. | 40.16% | -16.88% | 19.45% | 25.41% | -21.13% | 20.28% | 24.22% | 68.86% | -20.41% | 29.20% |
Correlation
The correlation between ESS and EQIX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2000 | 0.34 |
The correlation between ESS and EQIX shifts across timeframes, from 0.21 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ESS:
$9.59
EQIX:
$14.46
ESS:
29.41
EQIX:
73.49
ESS:
2.06
EQIX:
2.52
ESS:
7.14
EQIX:
11.05
ESS:
$1.91B
EQIX:
$9.46B
ESS:
$1.32B
EQIX:
$4.85B
ESS:
$1.44B
EQIX:
$3.76B
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Return for Risk
ESS vs. EQIX — Risk / Return Rank
ESS
EQIX
ESS vs. EQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and Equinix, Inc. (EQIX). 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.
| ESS | EQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.17 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 1.00 | -0.69 |
| Martin ratioReturn relative to average drawdown | 0.52 | 1.80 | -1.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ESS | EQIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | 0.73 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.28 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.49 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.08 | +0.42 |
Drawdowns
ESS vs. EQIX - Drawdown Comparison
The maximum ESS drawdown since its inception was -62.67%, smaller than the maximum EQIX drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for ESS and EQIX.
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Drawdown Indicators
| ESS | EQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -99.44% | +36.77% |
Max Drawdown (1Y)Largest decline over 1 year | -16.49% | -19.01% | +2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -24.59% | +3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -43.87% | -41.77% | -2.10% |
Max Drawdown (10Y)Largest decline over 10 years | -44.84% | -41.77% | -3.07% |
Current DrawdownCurrent decline from peak | -8.50% | -4.24% | -4.26% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -52.65% | +41.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 11.02% | -1.22% |
Volatility
ESS vs. EQIX - Volatility Comparison
Essex Property Trust, Inc. (ESS) and Equinix, Inc. (EQIX) have volatilities of 5.19% and 5.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESS | EQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 5.20% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 16.92% | -2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.86% | 26.16% | -5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.71% | 27.67% | -3.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.82% | 27.14% | -1.32% |
Dividends
ESS vs. EQIX - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.65%, more than EQIX's 1.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 1.85% | 2.45% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% |
ESS Essex Property Trust, Inc. | 3.65% | 3.88% | 2.57% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% |
Financials
ESS vs. EQIX - Financials Comparison
This section allows you to compare key financial metrics between Essex Property Trust, Inc. and Equinix, 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
ESS vs. EQIX - Profitability Comparison
ESS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported a gross profit of 343.50M and revenue of 484.76M. Therefore, the gross margin over that period was 70.9%.
EQIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a gross profit of 1.26B and revenue of 2.44B. Therefore, the gross margin over that period was 51.5%.
ESS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported an operating income of 155.19M and revenue of 484.76M, resulting in an operating margin of 32.0%.
EQIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported an operating income of 577.00M and revenue of 2.44B, resulting in an operating margin of 23.6%.
ESS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essex Property Trust, Inc. reported a net income of -6.02M and revenue of 484.76M, resulting in a net margin of -1.2%.
EQIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a net income of 415.00M and revenue of 2.44B, resulting in a net margin of 17.0%.
Frequently Asked Questions
ESS and EQIX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQIX has higher volatility (5.20%) compared to ESS (5.19%). In terms of maximum drawdown, ESS dropped -62.67% vs EQIX's -99.44%.
EQIX currently has the higher Sharpe Ratio (0.73 vs 0.25), 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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