GOOD vs. BNL
GOOD (Gladstone Commercial Corporation) and BNL (Broadstone Net Lease, Inc.) are both stocks. Both operate in the REIT - Diversified industry within the Real Estate sector. Over the past 5 years, GOOD returned -3.76%/yr vs 2.53%/yr for BNL. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
GOOD vs. BNL - Performance Comparison
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Returns By Period
In the year-to-date period, GOOD achieves a 24.17% return, which is significantly lower than BNL's 26.99% return.
GOOD
- 1D
- -0.16%
- 1M
- -0.17%
- 6M
- 12.74%
- YTD
- 24.17%
- 1Y
- 6.25%
- 3Y*
- 7.14%
- 5Y*
- -3.76%
- 10Y*
- 4.73%
- ALL TIME*
- 7.54%
BNL
- 1D
- -0.42%
- 1M
- 0.75%
- 6M
- 19.16%
- YTD
- 26.99%
- 1Y
- 40.47%
- 3Y*
- 16.55%
- 5Y*
- 2.53%
- 10Y*
- —
- ALL TIME*
- 9.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $36.58M | $41.44M | $38.77M | |
| $5.11M | $5.40M | $6.46M |
GOOD vs. BNL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GOOD Gladstone Commercial Corporation | 24.17% | -28.11% | 33.25% | -21.63% | -22.52% | 38.23% |
BNL Broadstone Net Lease, Inc. | 26.99% | 17.27% | -1.08% | 14.00% | -30.75% | 39.13% |
Correlation
The correlation between GOOD and BNL is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.54 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2021 | 0.58 |
The correlation between GOOD and BNL shifts across timeframes, from 0.44 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GOOD:
$605.09M
BNL:
$4.11B
GOOD:
$0.67
BNL:
$0.52
GOOD:
18.62
BNL:
40.87
GOOD:
2.37
BNL:
8.91
GOOD:
$165.74M
BNL:
$478.04M
GOOD:
-$19.45M
BNL:
$89.99M
GOOD:
$45.52M
BNL:
$361.47M
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Return for Risk
GOOD vs. BNL — Risk / Return Rank
GOOD
BNL
GOOD vs. BNL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Commercial Corporation (GOOD) and Broadstone Net Lease, Inc. (BNL). 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.
| GOOD | BNL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.38 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.26 | 4.87 | -4.61 |
| Martin ratioReturn relative to average drawdown | 0.53 | 12.25 | -11.72 |
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Drawdowns
GOOD vs. BNL - Drawdown Comparison
The maximum GOOD drawdown since its inception was -67.22%, which is greater than BNL's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for GOOD and BNL.
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Drawdown Indicators
| GOOD | BNL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.22% | -43.56% | -23.66% |
Max Drawdown (1Y)Largest decline over 1 year | -20.09% | -8.34% | -11.75% |
Max Drawdown (3Y)Largest decline over 3 years | -35.29% | -19.51% | -15.78% |
Max Drawdown (5Y)Largest decline over 5 years | -53.30% | -43.56% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -66.25% | — | — |
Current DrawdownCurrent decline from peak | -27.77% | -6.26% | -21.51% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -22.08% | +8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.62% | 3.31% | +6.31% |
Volatility
GOOD vs. BNL - Volatility Comparison
The current volatility for Gladstone Commercial Corporation (GOOD) is 6.27%, while Broadstone Net Lease, Inc. (BNL) has a volatility of 6.99%. This indicates that GOOD experiences smaller price fluctuations and is considered to be less risky than BNL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOOD | BNL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.27% | 6.99% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 16.85% | 14.04% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.25% | 18.89% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.14% | 23.00% | +2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.24% | 23.01% | +9.23% |
Dividends
GOOD vs. BNL - Dividend Comparison
GOOD's dividend yield for the trailing twelve months is around 9.60%, more than BNL's 5.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNL Broadstone Net Lease, Inc. | 5.44% | 6.68% | 7.28% | 6.50% | 6.66% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GOOD Gladstone Commercial Corporation | 9.60% | 11.25% | 7.39% | 9.06% | 8.13% | 5.83% | 8.34% | 6.86% | 8.37% | 7.12% | 7.46% | 10.28% |
Financials
GOOD vs. BNL - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Commercial Corporation and Broadstone Net Lease, 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
GOOD vs. BNL - Profitability Comparison
GOOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Gladstone Commercial Corporation reported a gross profit of 0.00 and revenue of 41.91M. Therefore, the gross margin over that period was 0.0%.
BNL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Broadstone Net Lease, Inc. reported a gross profit of 0.00 and revenue of 122.31M. Therefore, the gross margin over that period was 0.0%.
GOOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Gladstone Commercial Corporation reported an operating income of 0.00 and revenue of 41.91M, resulting in an operating margin of 0.0%.
BNL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Broadstone Net Lease, Inc. reported an operating income of 0.00 and revenue of 122.31M, resulting in an operating margin of 0.0%.
GOOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Gladstone Commercial Corporation reported a net income of 6.97M and revenue of 41.91M, resulting in a net margin of 16.6%.
BNL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Broadstone Net Lease, Inc. reported a net income of -456.00K and revenue of 122.31M, resulting in a net margin of -0.4%.
Frequently Asked Questions
GOOD and BNL 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.
BNL has higher volatility (6.99%) compared to GOOD (6.27%). In terms of maximum drawdown, GOOD dropped -67.22% vs BNL's -43.56%.
BNL currently has the higher Sharpe Ratio (2.16 vs 0.23), 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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