FPI vs. AGM
FPI (Farmland Partners Inc.) and AGM (Federal Agricultural Mortgage Corporation) are both stocks. FPI operates in REIT - Specialty (Real Estate), while AGM operates in Credit Services (Financial Services). Over the past 10 years, FPI returned 2.10%/yr vs 23.70%/yr for AGM. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
FPI vs. AGM - Performance Comparison
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Returns By Period
In the year-to-date period, FPI achieves a -1.20% return, which is significantly lower than AGM's 32.18% return. Over the past 10 years, FPI has underperformed AGM with an annualized return of 2.10%, while AGM has yielded a comparatively higher 23.70% annualized return.
FPI
- 1D
- -0.74%
- 1M
- -3.71%
- 6M
- -18.05%
- YTD
- -1.20%
- 1Y
- -7.41%
- 3Y*
- 0.27%
- 5Y*
- -1.10%
- 10Y*
- 2.10%
- ALL TIME*
- 1.20%
AGM
- 1D
- 3.31%
- 1M
- 13.27%
- 6M
- 37.07%
- YTD
- 32.18%
- 1Y
- 38.47%
- 3Y*
- 15.35%
- 5Y*
- 22.35%
- 10Y*
- 23.70%
- ALL TIME*
- 20.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.71M | $26.87M | $25.58M | |
| $3.53M | $3.78M | $4.02M |
FPI vs. AGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPI Farmland Partners Inc. | -1.20% | -14.11% | 5.66% | 3.99% | 6.09% | 39.70% | 32.09% | 53.84% | -45.13% | -17.84% |
AGM Federal Agricultural Mortgage Corporation | 32.18% | -7.96% | 6.08% | 74.61% | -5.83% | 72.62% | -6.60% | 43.16% | -20.38% | 39.64% |
Correlation
The correlation between FPI and AGM is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2014 | 0.26 |
The correlation between FPI and AGM shifts across timeframes, from 0.18 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FPI:
$407.82M
AGM:
$2.47B
FPI:
$0.57
AGM:
$24.02
FPI:
16.49
AGM:
9.48
FPI:
0.25
AGM:
0.70
FPI:
7.94
AGM:
1.49
FPI:
$53.27M
AGM:
$1.40B
FPI:
$44.02M
AGM:
$305.82M
FPI:
$39.20M
AGM:
$198.60M
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Return for Risk
FPI vs. AGM — Risk / Return Rank
FPI
AGM
FPI vs. AGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Farmland Partners Inc. (FPI) and Federal Agricultural Mortgage Corporation (AGM). 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.
| FPI | AGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.23 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.16 | -1.39 |
| Martin ratioReturn relative to average drawdown | -0.47 | 2.24 | -2.71 |
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Drawdowns
FPI vs. AGM - Drawdown Comparison
The maximum FPI drawdown since its inception was -59.77%, smaller than the maximum AGM drawdown of -94.63%. Use the drawdown chart below to compare losses from any high point for FPI and AGM.
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Drawdown Indicators
| FPI | AGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.77% | -94.63% | +34.86% |
Max Drawdown (1Y)Largest decline over 1 year | -27.04% | -31.94% | +4.90% |
Max Drawdown (3Y)Largest decline over 3 years | -27.04% | -32.54% | +5.50% |
Max Drawdown (5Y)Largest decline over 5 years | -39.88% | -32.54% | -7.34% |
Max Drawdown (10Y)Largest decline over 10 years | -57.44% | -53.30% | -4.14% |
Current DrawdownCurrent decline from peak | -27.70% | 0.00% | -27.70% |
Average DrawdownAverage peak-to-trough decline | -23.64% | -27.75% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.17% | 16.51% | -3.34% |
Volatility
FPI vs. AGM - Volatility Comparison
The current volatility for Farmland Partners Inc. (FPI) is 4.78%, while Federal Agricultural Mortgage Corporation (AGM) has a volatility of 7.91%. This indicates that FPI experiences smaller price fluctuations and is considered to be less risky than AGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPI | AGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 7.91% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 17.74% | 25.67% | -7.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.32% | 31.05% | -8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.06% | 30.00% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.66% | 34.49% | +1.17% |
Dividends
FPI vs. AGM - Dividend Comparison
FPI's dividend yield for the trailing twelve months is around 5.35%, more than AGM's 2.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGM Federal Agricultural Mortgage Corporation | 2.72% | 3.42% | 2.84% | 2.30% | 3.37% | 2.84% | 4.31% | 3.35% | 3.84% | 1.84% | 1.82% | 2.03% |
FPI Farmland Partners Inc. | 5.35% | 4.54% | 11.31% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.82% | 5.88% | 4.57% | 4.54% |
Financials
FPI vs. AGM - Financials Comparison
This section allows you to compare key financial metrics between Farmland Partners Inc. and Federal Agricultural Mortgage Corporation. 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
FPI vs. AGM - Profitability Comparison
FPI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Farmland Partners Inc. reported a gross profit of 8.52M and revenue of 9.40M. Therefore, the gross margin over that period was 90.7%.
AGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Federal Agricultural Mortgage Corporation reported a gross profit of 0.00 and revenue of 450.26M. Therefore, the gross margin over that period was 0.0%.
FPI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Farmland Partners Inc. reported an operating income of 4.33M and revenue of 9.40M, resulting in an operating margin of 46.1%.
AGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Federal Agricultural Mortgage Corporation reported an operating income of 0.00 and revenue of 450.26M, resulting in an operating margin of 0.0%.
FPI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Farmland Partners Inc. reported a net income of 3.11M and revenue of 9.40M, resulting in a net margin of 33.1%.
AGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Federal Agricultural Mortgage Corporation reported a net income of 58.88M and revenue of 450.26M, resulting in a net margin of 13.1%.
Frequently Asked Questions
FPI and AGM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGM has higher volatility (7.91%) compared to FPI (4.78%). In terms of maximum drawdown, FPI dropped -59.77% vs AGM's -94.63%.
AGM currently has the higher Sharpe Ratio (1.19 vs -0.28), 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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