GMG.AX vs. SGP.AX
GMG.AX (Goodman Group) and SGP.AX (Stockland) are both stocks. Both are in the Real Estate sector — GMG.AX in Real Estate - Diversified, SGP.AX in REIT - Diversified. Over the past 10 years, GMG.AX returned 18.40%/yr vs 4.81%/yr for SGP.AX. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
GMG.AX vs. SGP.AX - Performance Comparison
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Returns By Period
In the year-to-date period, GMG.AX achieves a 1.74% return, which is significantly higher than SGP.AX's -26.18% return. Over the past 10 years, GMG.AX has outperformed SGP.AX with an annualized return of 18.40%, while SGP.AX has yielded a comparatively lower 4.81% annualized return.
GMG.AX
- 1D
- 2.24%
- 1M
- 0.70%
- YTD
- 1.74%
- 6M
- 7.58%
- 1Y
- -6.20%
- 3Y*
- 18.17%
- 5Y*
- 10.09%
- 10Y*
- 18.40%
SGP.AX
- 1D
- 3.17%
- 1M
- 5.75%
- YTD
- -26.18%
- 6M
- -26.43%
- 1Y
- -21.81%
- 3Y*
- 5.92%
- 5Y*
- 2.85%
- 10Y*
- 4.81%
GMG.AX vs. SGP.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMG.AX Goodman Group | 1.74% | -12.28% | 41.48% | 47.71% | -33.40% | 41.94% | 43.96% | 28.42% | 29.89% | 21.98% |
SGP.AX Stockland | -26.18% | 25.12% | 12.09% | 29.32% | -8.20% | 7.26% | -4.31% | 39.46% | -15.68% | 3.51% |
Correlation
The correlation between GMG.AX and SGP.AX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2012 | 0.53 |
The correlation between GMG.AX and SGP.AX shifts across timeframes, from 0.36 (1 year) to 0.54 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
GMG.AX vs. SGP.AX — Risk / Return Rank
GMG.AX
SGP.AX
GMG.AX vs. SGP.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goodman Group (GMG.AX) and Stockland (SGP.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.
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.
| GMG.AX | SGP.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.85 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | -0.49 | +0.29 |
| Martin ratioReturn relative to average drawdown | -0.41 | -0.98 | +0.58 |
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Drawdowns
GMG.AX vs. SGP.AX - Drawdown Comparison
The maximum GMG.AX drawdown since its inception was -41.64%, smaller than the maximum SGP.AX drawdown of -73.77%. Use the drawdown chart below to compare losses from any high point for GMG.AX and SGP.AX.
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Drawdown Indicators
| GMG.AX | SGP.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.64% | -73.77% | +32.13% |
Max Drawdown (1Y)Largest decline over 1 year | -30.44% | -43.86% | +13.42% |
Max Drawdown (3Y)Largest decline over 3 years | -34.64% | -43.86% | +9.22% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -43.86% | +2.71% |
Max Drawdown (10Y)Largest decline over 10 years | -41.64% | -66.79% | +25.15% |
Current DrawdownCurrent decline from peak | -17.66% | -36.16% | +18.50% |
Average DrawdownAverage peak-to-trough decline | -8.93% | -22.86% | +13.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.10% | 21.98% | -6.88% |
Volatility
GMG.AX vs. SGP.AX - Volatility Comparison
The current volatility for Goodman Group (GMG.AX) is 9.03%, while Stockland (SGP.AX) has a volatility of 10.68%. This indicates that GMG.AX experiences smaller price fluctuations and is considered to be less risky than SGP.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 | SGP.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.03% | 10.68% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 22.52% | 17.89% | +4.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.06% | 22.96% | +4.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.40% | 23.24% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.71% | 28.02% | -1.31% |
Dividends
GMG.AX vs. SGP.AX - Dividend Comparison
GMG.AX's dividend yield for the trailing twelve months is around 0.95%, less than SGP.AX's 6.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMG.AX Goodman Group | 0.95% | 0.97% | 0.42% | 1.19% | 1.73% | 1.13% | 1.59% | 2.24% | 2.75% | 3.20% | 3.48% | 3.67% |
SGP.AX Stockland | 6.19% | 4.57% | 3.46% | 5.03% | 7.27% | 5.97% | 5.24% | 5.97% | 7.67% | 5.78% | 5.44% | 5.90% |
Financials
GMG.AX vs. SGP.AX - Financials Comparison
This section allows you to compare key financial metrics between Goodman Group and Stockland. 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 SGP.AX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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