EXR vs. CUBE
EXR (Extra Space Storage Inc.) and CUBE (CubeSmart) are both stocks. Both are in the Real Estate sector — EXR in REIT - Specialty, CUBE in REIT - Industrial. Over the past 10 years, EXR returned 9.41%/yr vs 7.63%/yr for CUBE. A 0.74 correlation means they provide meaningful diversification when combined.
Performance
EXR vs. CUBE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXR achieves a 14.71% return, which is significantly lower than CUBE's 15.66% return. Over the past 10 years, EXR has outperformed CUBE with an annualized return of 9.41%, while CUBE has yielded a comparatively lower 7.63% annualized return.
EXR
- 1D
- 0.52%
- 1M
- 3.05%
- YTD
- 14.71%
- 6M
- 14.24%
- 1Y
- 4.67%
- 3Y*
- 5.47%
- 5Y*
- 1.60%
- 10Y*
- 9.41%
CUBE
- 1D
- -0.32%
- 1M
- 1.05%
- YTD
- 15.66%
- 6M
- 16.67%
- 1Y
- 0.92%
- 3Y*
- 2.59%
- 5Y*
- 1.42%
- 10Y*
- 7.63%
EXR vs. CUBE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXR Extra Space Storage Inc. | 14.71% | -8.92% | -2.81% | 13.86% | -32.82% | 100.98% | 13.64% | 20.71% | 7.29% | 17.83% |
CUBE CubeSmart | 15.66% | -11.59% | -4.53% | 20.50% | -26.31% | 74.59% | 11.67% | 14.12% | 3.42% | 12.74% |
Correlation
The correlation between EXR and CUBE is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2004 | 0.74 |
The correlation between EXR and CUBE shifts across timeframes, from 0.74 (all time) to 0.89 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EXR:
$32.18B
CUBE:
$9.24B
EXR:
$4.36
CUBE:
$1.43
EXR:
33.47
CUBE:
28.31
EXR:
9.31
CUBE:
8.19
EXR:
2.41
CUBE:
3.49
EXR:
$3.39B
CUBE:
$1.13B
EXR:
$345.79M
CUBE:
$65.30M
EXR:
$2.91B
CUBE:
$593.13M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXR vs. CUBE — Risk / Return Rank
EXR
CUBE
EXR vs. CUBE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Extra Space Storage Inc. (EXR) and CubeSmart (CUBE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXR | CUBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.03 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 0.05 | +0.23 |
| Martin ratioReturn relative to average drawdown | 0.57 | 0.10 | +0.47 |
Loading charts...
Drawdowns
EXR vs. CUBE - Drawdown Comparison
The maximum EXR drawdown since its inception was -71.22%, smaller than the maximum CUBE drawdown of -93.15%. Use the drawdown chart below to compare losses from any high point for EXR and CUBE.
Loading charts...
Drawdown Indicators
| EXR | CUBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.22% | -93.15% | +21.93% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -17.36% | +0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -33.78% | -31.95% | -1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -51.36% | -36.93% | -14.43% |
Max Drawdown (10Y)Largest decline over 10 years | -51.36% | -41.43% | -9.93% |
Current DrawdownCurrent decline from peak | -22.32% | -18.90% | -3.42% |
Average DrawdownAverage peak-to-trough decline | -13.39% | -22.04% | +8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.17% | 8.82% | -0.65% |
Volatility
EXR vs. CUBE - Volatility Comparison
The current volatility for Extra Space Storage Inc. (EXR) is 5.60%, while CubeSmart (CUBE) has a volatility of 6.44%. This indicates that EXR experiences smaller price fluctuations and is considered to be less risky than CUBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXR | CUBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 6.44% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 16.83% | 16.22% | +0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.93% | 22.25% | +2.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.22% | 25.42% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.95% | 25.39% | +1.56% |
Dividends
EXR vs. CUBE - Dividend Comparison
EXR's dividend yield for the trailing twelve months is around 4.44%, less than CUBE's 5.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CUBE CubeSmart | 5.19% | 5.77% | 3.57% | 4.27% | 4.42% | 2.55% | 3.96% | 4.10% | 4.25% | 3.84% | 3.36% | 2.25% |
EXR Extra Space Storage Inc. | 4.44% | 4.98% | 4.33% | 4.04% | 4.08% | 1.98% | 3.11% | 3.37% | 3.71% | 3.57% | 3.79% | 2.54% |
Financials
EXR vs. CUBE - Financials Comparison
This section allows you to compare key financial metrics between Extra Space Storage Inc. and CubeSmart. 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
EXR vs. CUBE - Profitability Comparison
EXR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Extra Space Storage Inc. reported a gross profit of 0.00 and revenue of 856.03M. Therefore, the gross margin over that period was 0.0%.
CUBE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CubeSmart reported a gross profit of 0.00 and revenue of 281.93M. Therefore, the gross margin over that period was 0.0%.
EXR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Extra Space Storage Inc. reported an operating income of 367.55M and revenue of 856.03M, resulting in an operating margin of 42.9%.
CUBE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CubeSmart reported an operating income of -357.00K and revenue of 281.93M, resulting in an operating margin of -0.1%.
EXR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Extra Space Storage Inc. reported a net income of 240.98M and revenue of 856.03M, resulting in a net margin of 28.2%.
CUBE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CubeSmart reported a net income of 82.89M and revenue of 281.93M, resulting in a net margin of 29.4%.
Frequently Asked Questions
EXR and CUBE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CUBE has higher volatility (6.44%) compared to EXR (5.60%). In terms of maximum drawdown, EXR dropped -71.22% vs CUBE's -93.15%.
EXR currently has the higher Sharpe Ratio (0.19 vs 0.04), 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.
Find the right allocation for EXR and CUBE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer