ESS vs. SGP.AX

Last updated Jun 9, 2026

ESS (Essex Property Trust, Inc.) and SGP.AX (Stockland) are both stocks. Both are in the Real Estate sector — ESS in REIT - Residential, SGP.AX in REIT - Diversified. Over the past 10 years, ESS returned 6.49%/yr vs 3.50%/yr for SGP.AX. At a 0.15 correlation, their price movements are largely independent.

Performance

ESS vs. SGP.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Essex Property Trust, Inc. (ESS) and Stockland (SGP.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ESS is traded in USD, while SGP.AX is traded in AUD. To make them comparable, the SGP.AX 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 SGP.AX's -29.30% return. Over the past 10 years, ESS has outperformed SGP.AX with an annualized return of 6.49%, while SGP.AX has yielded a comparatively lower 3.50% 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%

SGP.AX

• 1D: 1.96%
• 1M: -5.74%
• YTD: -29.30%
• 6M: -28.81%
• 1Y: -20.17%
• 3Y*: 2.66%
• 5Y*: -0.49%
• 10Y*: 3.50%

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

ESS vs. SGP.AX - 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%
SGP.AX Stockland	-29.30%	34.90%	3.54%	29.24%	-13.95%	1.28%	5.02%	38.95%	-23.88%	12.16%

Correlation

The correlation between ESS and SGP.AX is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007	0.15

The correlation between ESS and SGP.AX shifts across timeframes, from 0.03 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

ESS vs. SGP.AX — Risk / Return Rank

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

ESS

ESS Risk / Return Rank: 47
ESS Sharpe Ratio Rank: 51
ESS Sortino Ratio Rank: 43
ESS Omega Ratio Rank: 42
ESS Calmar Ratio Rank: 50
ESS Martin Ratio Rank: 48

SGP.AX

SGP.AX Risk / Return Rank: 8
SGP.AX Sharpe Ratio Rank: 2
SGP.AX Sortino Ratio Rank: 4
SGP.AX Omega Ratio Rank: 5
SGP.AX Calmar Ratio Rank: 19
SGP.AX Martin Ratio Rank: 10

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.

ESS vs. SGP.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and Stockland (SGP.AX). 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	SGP.AX	Difference
Sharpe ratio: Return per unit of total volatility	0.25	-0.88	+1.12
Sortino ratio: Return per unit of downside risk	0.46	-1.19	+1.65
Omega ratio: Gain probability vs. loss probability	1.06	0.86	+0.20
Calmar ratio: Return relative to maximum drawdown	0.31	-0.53	+0.84
Martin ratio: Return relative to average drawdown	0.52	-1.14	+1.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESS vs. SGP.AX - Sharpe Ratio Comparison

The current ESS Sharpe Ratio is 0.25, which is higher than the SGP.AX Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of ESS and SGP.AX, 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

	ESS	SGP.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	-0.88	+1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.02	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.25	0.11	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.04	+0.47

Drawdowns

ESS vs. SGP.AX - Drawdown Comparison

The maximum ESS drawdown since its inception was -62.67%, smaller than the maximum SGP.AX drawdown of -81.60%. Use the drawdown chart below to compare losses from any high point for ESS and SGP.AX.

Drawdown Indicators

	ESS	SGP.AX	Difference
Max Drawdown Largest peak-to-trough decline	-62.67%	-81.60%	+18.93%
Max Drawdown (1Y) Largest decline over 1 year	-16.49%	-39.23%	+22.74%
Max Drawdown (3Y) Largest decline over 3 years	-20.77%	-39.23%	+18.46%
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	-41.07%	-2.80%
Max Drawdown (10Y) Largest decline over 10 years	-44.84%	-70.83%	+25.99%
Current Drawdown Current decline from peak	-8.50%	-38.03%	+29.53%
Average Drawdown Average peak-to-trough decline	-10.86%	-25.57%	+14.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.80%	18.12%	-8.32%

Volatility

ESS vs. SGP.AX - Volatility Comparison

The current volatility for Essex Property Trust, Inc. (ESS) is 5.19%, while Stockland (SGP.AX) has a volatility of 10.84%. This indicates that ESS experiences smaller price fluctuations and is considered to be less risky than SGP.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESS	SGP.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.19%	10.84%	-5.65%
Volatility (6M) Calculated over the trailing 6-month period	14.23%	17.64%	-3.41%
Volatility (1Y) Calculated over the trailing 1-year period	20.86%	23.54%	-2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	25.68%	-1.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.82%	30.68%	-4.86%

Dividends

ESS vs. SGP.AX - Dividend Comparison

ESS's dividend yield for the trailing twelve months is around 3.65%, less than SGP.AX's 6.91% 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%
SGP.AX Stockland	6.91%	4.57%	5.12%	5.03%	7.27%	5.97%	5.24%	5.97%	7.67%	5.78%	5.44%	5.90%

Financials

Frequently Asked Questions

Can I hold both ESS and SGP.AX in my portfolio?

ESS and SGP.AX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.