GMG.AX vs. CHC.AX
GMG.AX (Goodman Group) and CHC.AX (Charter Hall Group) are both stocks. Both operate in the Real Estate - Diversified industry within the Real Estate sector. Over the past 10 years, GMG.AX returned 17.72%/yr vs 18.81%/yr for CHC.AX. At a 0.44 correlation, their price movements are largely independent.
Performance
GMG.AX vs. CHC.AX - Performance Comparison
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Returns By Period
In the year-to-date period, GMG.AX achieves a 0.77% return, which is significantly higher than CHC.AX's -17.51% return. Over the past 10 years, GMG.AX has underperformed CHC.AX with an annualized return of 17.72%, while CHC.AX has yielded a comparatively higher 18.81% annualized return.
GMG.AX
- 1D
- -1.64%
- 1M
- 3.17%
- YTD
- 0.77%
- 6M
- 5.77%
- 1Y
- -6.14%
- 3Y*
- 16.73%
- 5Y*
- 10.26%
- 10Y*
- 17.72%
CHC.AX
- 1D
- 0.20%
- 1M
- 2.02%
- YTD
- -17.51%
- 6M
- -16.19%
- 1Y
- 6.62%
- 3Y*
- 23.62%
- 5Y*
- 9.88%
- 10Y*
- 18.81%
GMG.AX vs. CHC.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMG.AX Goodman Group | 0.77% | -12.27% | 41.44% | 47.71% | -33.40% | 41.23% | 42.56% | 27.16% | 29.89% | 21.98% |
CHC.AX Charter Hall Group | -17.51% | 74.28% | 23.40% | 4.43% | -39.72% | 43.02% | 36.93% | 53.98% | 29.16% | 33.98% |
Correlation
The correlation between GMG.AX and CHC.AX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2005 | 0.44 |
The correlation between GMG.AX and CHC.AX shifts across timeframes, from 0.44 (all time) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
GMG.AX vs. CHC.AX — Risk / Return Rank
GMG.AX
CHC.AX
GMG.AX vs. CHC.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goodman Group (GMG.AX) and Charter Hall Group (CHC.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.
| GMG.AX | CHC.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.09 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 0.33 | -0.50 |
| Martin ratioReturn relative to average drawdown | -0.35 | 0.74 | -1.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GMG.AX | CHC.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 0.36 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.31 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.60 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.41 | -0.26 |
Drawdowns
GMG.AX vs. CHC.AX - Drawdown Comparison
The maximum GMG.AX drawdown since its inception was -97.46%, roughly equal to the maximum CHC.AX drawdown of -93.44%. Use the drawdown chart below to compare losses from any high point for GMG.AX and CHC.AX.
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Drawdown Indicators
| GMG.AX | CHC.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.46% | -93.44% | -4.02% |
Max Drawdown (1Y)Largest decline over 1 year | -30.44% | -27.88% | -2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -34.63% | -27.88% | -6.75% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -57.92% | +16.77% |
Max Drawdown (10Y)Largest decline over 10 years | -41.64% | -62.30% | +20.66% |
Current DrawdownCurrent decline from peak | -18.44% | -21.25% | +2.81% |
Average DrawdownAverage peak-to-trough decline | -45.78% | -31.82% | -13.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.70% | 12.65% | +2.05% |
Volatility
GMG.AX vs. CHC.AX - Volatility Comparison
The current volatility for Goodman Group (GMG.AX) is 8.73%, while Charter Hall Group (CHC.AX) has a volatility of 11.06%. This indicates that GMG.AX experiences smaller price fluctuations and is considered to be less risky than CHC.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMG.AX | CHC.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.73% | 11.06% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 22.42% | 20.98% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.10% | 25.69% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.45% | 31.88% | -4.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.72% | 31.22% | -4.50% |
Dividends
GMG.AX vs. CHC.AX - Dividend Comparison
GMG.AX's dividend yield for the trailing twelve months is around 0.96%, less than CHC.AX's 2.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHC.AX Charter Hall Group | 2.44% | 2.01% | 3.23% | 3.64% | 3.45% | 1.89% | 2.50% | 3.13% | 4.41% | 5.18% | 5.91% | 5.59% |
GMG.AX Goodman Group | 0.96% | 0.97% | 0.42% | 1.19% | 1.73% | 0.74% | 0.80% | 1.17% | 2.75% | 3.20% | 3.48% | 3.67% |
Financials
GMG.AX vs. CHC.AX - Financials Comparison
This section allows you to compare key financial metrics between Goodman Group and Charter Hall Group. 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
GMG.AX and CHC.AX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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