ESS vs. LMP.L
ESS (Essex Property Trust, Inc.) and LMP.L (LondonMetric Property plc) are both stocks. Both are in the Real Estate sector — ESS in REIT - Residential, LMP.L in REIT - Diversified. Over the past 10 years, ESS returned 6.49%/yr vs 5.40%/yr for LMP.L. At a 0.23 correlation, their price movements are largely independent.
Performance
ESS vs. LMP.L - Performance Comparison
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Different Trading Currencies
ESS is traded in USD, while LMP.L is traded in GBp. To make them comparable, the LMP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ESS achieves a 10.01% return, which is significantly higher than LMP.L's -3.33% return. Over the past 10 years, ESS has outperformed LMP.L with an annualized return of 6.49%, while LMP.L has yielded a comparatively lower 5.40% 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%
LMP.L
- 1D
- -0.67%
- 1M
- -5.58%
- YTD
- -3.33%
- 6M
- 1.16%
- 1Y
- -4.59%
- 3Y*
- 6.91%
- 5Y*
- -1.18%
- 10Y*
- 5.40%
ESS vs. LMP.L - 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% |
LMP.L LondonMetric Property plc | -3.33% | 20.96% | -2.09% | 23.40% | -43.33% | 27.16% | 3.62% | 47.25% | -7.83% | 37.21% |
Correlation
The correlation between ESS and LMP.L 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 | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2013 | 0.23 |
Fundamentals
ESS:
$9.59
LMP.L:
£0.28
ESS:
29.41
LMP.L:
6.31
ESS:
2.06
LMP.L:
0.22
ESS:
7.14
LMP.L:
4.68
ESS:
$1.91B
LMP.L:
£867.40M
ESS:
$1.32B
LMP.L:
£854.10M
ESS:
$1.44B
LMP.L:
£828.60M
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Return for Risk
ESS vs. LMP.L — Risk / Return Rank
ESS
LMP.L
ESS vs. LMP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and LondonMetric Property plc (LMP.L). 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 | LMP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.98 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.27 | +0.58 |
| Martin ratioReturn relative to average drawdown | 0.52 | -0.51 | +1.03 |
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 | LMP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | -0.24 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | -0.04 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.19 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.28 | +0.22 |
Drawdowns
ESS vs. LMP.L - Drawdown Comparison
The maximum ESS drawdown since its inception was -62.67%, which is greater than LMP.L's maximum drawdown of -53.28%. Use the drawdown chart below to compare losses from any high point for ESS and LMP.L.
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Drawdown Indicators
| ESS | LMP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -53.28% | -9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -16.49% | -16.83% | +0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -22.97% | +2.20% |
Max Drawdown (5Y)Largest decline over 5 years | -43.87% | -53.28% | +9.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.84% | -53.28% | +8.44% |
Current DrawdownCurrent decline from peak | -8.50% | -20.25% | +11.75% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -13.56% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 8.93% | +0.87% |
Volatility
ESS vs. LMP.L - Volatility Comparison
The current volatility for Essex Property Trust, Inc. (ESS) is 5.19%, while LondonMetric Property plc (LMP.L) has a volatility of 5.61%. This indicates that ESS experiences smaller price fluctuations and is considered to be less risky than LMP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESS | LMP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 5.61% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 15.46% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.86% | 19.43% | +1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.71% | 27.62% | -3.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.82% | 27.80% | -1.98% |
Dividends
ESS vs. LMP.L - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.65%, less than LMP.L's 6.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LMP.L LondonMetric Property plc | 6.96% | 6.54% | 6.16% | 5.07% | 5.48% | 3.12% | 3.71% | 3.55% | 4.60% | 4.09% | 4.73% | 3.35% |
Financials
ESS vs. LMP.L - Financials Comparison
This section allows you to compare key financial metrics between Essex Property Trust, Inc. and LondonMetric Property plc. 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. LMP.L - 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%.
LMP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LondonMetric Property plc reported a gross profit of 233.80M and revenue of 238.90M. Therefore, the gross margin over that period was 97.9%.
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%.
LMP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LondonMetric Property plc reported an operating income of 217.10M and revenue of 238.90M, resulting in an operating margin of 90.9%.
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%.
LMP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LondonMetric Property plc reported a net income of 165.40M and revenue of 238.90M, resulting in a net margin of 69.2%.
Frequently Asked Questions
ESS and LMP.L 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.
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