FR vs. CCI
FR (First Industrial Realty Trust, Inc.) and CCI (Crown Castle Inc.) are both stocks. Both are in the Real Estate sector — FR in REIT - Industrial, CCI in REIT - Specialty. Over the past 10 years, FR returned 11.45%/yr vs 1.82%/yr for CCI. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
FR vs. CCI - Performance Comparison
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Returns By Period
In the year-to-date period, FR achieves a 16.90% return, which is significantly higher than CCI's -12.06% return. Over the past 10 years, FR has outperformed CCI with an annualized return of 11.45%, while CCI has yielded a comparatively lower 1.82% annualized return.
FR
- 1D
- -0.21%
- 1M
- 5.51%
- 6M
- 15.37%
- YTD
- 16.90%
- 1Y
- 42.13%
- 3Y*
- 11.75%
- 5Y*
- 6.64%
- 10Y*
- 11.45%
- ALL TIME*
- 8.28%
CCI
- 1D
- -0.27%
- 1M
- -0.39%
- 6M
- -9.97%
- YTD
- -12.06%
- 1Y
- -25.18%
- 3Y*
- -6.03%
- 5Y*
- -12.86%
- 10Y*
- 1.82%
- ALL TIME*
- 8.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $378.66M | $331.64M | $359.69M | |
| $80.31M | $90.64M | $71.86M |
FR vs. CCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FR First Industrial Realty Trust, Inc. | 16.90% | 18.17% | -2.01% | 11.91% | -25.37% | 60.33% | 4.24% | 47.37% | -5.61% | 15.50% |
CCI Crown Castle Inc. | -12.06% | 2.96% | -16.39% | -10.24% | -32.57% | 35.08% | 15.49% | 35.45% | 1.75% | 32.97% |
Correlation
The correlation between FR and CCI is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 1998 | 0.35 |
The correlation between FR and CCI shifts across timeframes, from 0.17 (1 year) to 0.50 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FR:
$8.73B
CCI:
$33.34B
FR:
$3.80
CCI:
$2.46
FR:
17.35
CCI:
30.96
FR:
8.61
CCI:
8.00
FR:
$759.61M
CCI:
$4.16B
FR:
$463.00M
CCI:
$1.99B
FR:
$389.82M
CCI:
$2.30B
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Return for Risk
FR vs. CCI — Risk / Return Rank
FR
CCI
FR vs. CCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Industrial Realty Trust, Inc. (FR) and Crown Castle Inc. (CCI). 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.
| FR | CCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.79 | ||
| Sortino ratioReturn per unit of downside risk | +3.85 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.88 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | -0.87 | +4.77 |
| Martin ratioReturn relative to average drawdown | 12.89 | -1.53 | +14.41 |
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Drawdowns
FR vs. CCI - Drawdown Comparison
The maximum FR drawdown since its inception was -95.42%, roughly equal to the maximum CCI drawdown of -97.52%. Use the drawdown chart below to compare losses from any high point for FR and CCI.
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Drawdown Indicators
| FR | CCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.42% | -97.52% | +2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -27.52% | +17.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.11% | -32.53% | +7.42% |
Max Drawdown (5Y)Largest decline over 5 years | -35.95% | -55.49% | +19.54% |
Max Drawdown (10Y)Largest decline over 10 years | -41.12% | -55.49% | +14.37% |
Current DrawdownCurrent decline from peak | -4.39% | -54.18% | +49.79% |
Average DrawdownAverage peak-to-trough decline | -25.24% | -26.04% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 15.69% | -12.60% |
Volatility
FR vs. CCI - Volatility Comparison
The current volatility for First Industrial Realty Trust, Inc. (FR) is 6.25%, while Crown Castle Inc. (CCI) has a volatility of 9.87%. This indicates that FR experiences smaller price fluctuations and is considered to be less risky than CCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FR | CCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 9.87% | -3.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 25.37% | -10.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.26% | 29.22% | -8.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 27.22% | -4.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.44% | 26.33% | -1.89% |
Dividends
FR vs. CCI - Dividend Comparison
FR's dividend yield for the trailing twelve months is around 2.87%, less than CCI's 5.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCI Crown Castle Inc. | 5.57% | 5.35% | 6.90% | 5.43% | 4.41% | 2.62% | 3.10% | 3.22% | 3.94% | 3.51% | 4.15% | 3.87% |
FR First Industrial Realty Trust, Inc. | 2.87% | 3.11% | 2.95% | 2.43% | 2.45% | 1.63% | 2.37% | 2.22% | 3.01% | 2.67% | 2.71% | 2.30% |
Financials
FR vs. CCI - Financials Comparison
This section allows you to compare key financial metrics between First Industrial Realty Trust, Inc. and Crown Castle 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
Frequently Asked Questions
FR and CCI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCI has higher volatility (9.87%) compared to FR (6.25%). In terms of maximum drawdown, FR dropped -95.42% vs CCI's -97.52%.
FR currently has the higher Sharpe Ratio (1.97 vs -0.82), 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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