FRT vs. SLG

Last updated Apr 2, 2026

Compare and contrast key facts about Federal Realty Investment Trust (FRT) and SL Green Realty Corp. (SLG).

Performance

FRT vs. SLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federal Realty Investment Trust (FRT) and SL Green Realty Corp. (SLG). The values are adjusted to include any dividend payments, if applicable.

FRT vs. SLG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FRT Federal Realty Investment Trust	7.56%	-5.91%	12.07%	6.55%	-22.66%	65.97%	-30.66%	12.51%	-8.10%	-3.59%
SLG SL Green Realty Corp.	-18.63%	-29.03%	58.26%	48.75%	-50.94%	22.86%	-29.14%	20.96%	-18.80%	-3.25%

Fundamentals

Market Cap FRT : $9.12B SLG : $2.58B
EPS FRT : $4.77 SLG : -$1.22
PS Ratio FRT : 7.14 SLG : 2.65
PB Ratio FRT : 2.81 SLG : 0.75
Total Revenue (TTM) FRT : $1.28B SLG : $1.00B
Gross Profit (TTM) FRT : $860.70M SLG : $341.79M
EBITDA (TTM) FRT : $970.04M SLG : $409.72M

Returns By Period

In the year-to-date period, FRT achieves a 7.56% return, which is significantly higher than SLG's -18.63% return. Over the past 10 years, FRT has outperformed SLG with an annualized return of -0.11%, while SLG has yielded a comparatively lower -4.56% annualized return.

FRT

• 1D: 0.93%
• 1M: -2.85%
• YTD: 7.56%
• 6M: 8.81%
• 1Y: 14.37%
• 3Y*: 6.93%
• 5Y*: 4.70%
• 10Y*: -0.11%

SLG

• 1D: -0.70%
• 1M: -0.71%
• YTD: -18.63%
• 6M: -37.68%
• 1Y: -33.18%
• 3Y*: 23.81%
• 5Y*: -7.29%
• 10Y*: -4.56%

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

Return for Risk

FRT vs. SLG — Risk / Return Rank

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

FRT

FRT Risk / Return Rank: 62
FRT Sharpe Ratio Rank: 64
FRT Sortino Ratio Rank: 57
FRT Omega Ratio Rank: 55
FRT Calmar Ratio Rank: 62
FRT Martin Ratio Rank: 70

SLG

SLG Risk / Return Rank: 11
SLG Sharpe Ratio Rank: 7
SLG Sortino Ratio Rank: 9
SLG Omega Ratio Rank: 11
SLG Calmar Ratio Rank: 15
SLG Martin Ratio Rank: 11

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.

FRT vs. SLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federal Realty Investment Trust (FRT) and SL Green Realty Corp. (SLG). 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.

	FRT	SLG	Difference
Sharpe ratio Return per unit of total volatility	0.66	-0.85	+1.51
Sortino ratio Return per unit of downside risk	1.09	-1.11	+2.20
Omega ratio Gain probability vs. loss probability	1.14	0.87	+0.26
Calmar ratio Return relative to maximum drawdown	0.94	-0.72	+1.66
Martin ratio Return relative to average drawdown	3.71	-1.43	+5.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FRT vs. SLG - Sharpe Ratio Comparison

The current FRT Sharpe Ratio is 0.66, which is higher than the SLG Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of FRT and SLG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FRT	SLG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	-0.85	+1.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	-0.17	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	-0.11	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.13	+0.27

Correlation

The correlation between FRT and SLG is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FRT vs. SLG - Dividend Comparison

FRT's dividend yield for the trailing twelve months is around 4.23%, less than SLG's 7.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRT Federal Realty Investment Trust	4.23%	4.39%	2.93%	4.21%	4.26%	3.12%	4.96%	3.22%	3.42%	2.98%	2.70%	2.48%
SLG SL Green Realty Corp.	7.30%	6.18%	4.43%	7.15%	10.94%	5.09%	7.81%	3.74%	4.16%	3.11%	2.73%	2.23%

Drawdowns

FRT vs. SLG - Drawdown Comparison

The maximum FRT drawdown since its inception was -57.42%, smaller than the maximum SLG drawdown of -94.02%. Use the drawdown chart below to compare losses from any high point for FRT and SLG.

Drawdown Indicators

	FRT	SLG	Difference
Max Drawdown Largest peak-to-trough decline	-57.42%	-94.02%	+36.60%
Max Drawdown (1Y) Largest decline over 1 year	-15.66%	-45.40%	+29.74%
Max Drawdown (5Y) Largest decline over 5 years	-34.99%	-74.47%	+39.48%
Max Drawdown (10Y) Largest decline over 10 years	-56.47%	-77.70%	+21.23%
Current Drawdown Current decline from peak	-9.34%	-53.41%	+44.07%
Average Drawdown Average peak-to-trough decline	-11.81%	-27.32%	+15.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	23.02%	-19.06%

Volatility

FRT vs. SLG - Volatility Comparison

The current volatility for Federal Realty Investment Trust (FRT) is 5.47%, while SL Green Realty Corp. (SLG) has a volatility of 13.20%. This indicates that FRT experiences smaller price fluctuations and is considered to be less risky than SLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRT	SLG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.47%	13.20%	-7.73%
Volatility (6M) Calculated over the trailing 6-month period	11.85%	27.41%	-15.56%
Volatility (1Y) Calculated over the trailing 1-year period	21.90%	39.31%	-17.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.43%	43.29%	-19.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.41%	41.99%	-12.58%

Financials

FRT vs. SLG - Profitability Comparison

The chart below illustrates the profitability comparison between Federal Realty Investment Trust and SL Green Realty Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FRT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Federal Realty Investment Trust reported a gross profit of 225.48M and revenue of 336.05M. Therefore, the gross margin over that period was 67.1%.

SLG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SL Green Realty Corp. reported a gross profit of -130.89M and revenue of 298.07M. Therefore, the gross margin over that period was -43.9%.

FRT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Federal Realty Investment Trust reported an operating income of 180.65M and revenue of 336.05M, resulting in an operating margin of 53.8%.

SLG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SL Green Realty Corp. reported an operating income of 13.77M and revenue of 298.07M, resulting in an operating margin of 4.6%.

FRT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Federal Realty Investment Trust reported a net income of 129.74M and revenue of 336.05M, resulting in a net margin of 38.6%.

SLG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SL Green Realty Corp. reported a net income of -98.66M and revenue of 298.07M, resulting in a net margin of -33.1%.