GRT-UN.TO vs. ELEZY
GRT-UN.TO (Granite Real Estate Investment Trust) and ELEZY (Endesa SA ADR) are both stocks. GRT-UN.TO operates in REIT - Industrial (Real Estate), while ELEZY operates in Utilities - Regulated Electric (Utilities). Over the past 5 years, GRT-UN.TO returned 7.55%/yr vs 20.84%/yr for ELEZY. At a 0.11 correlation, their price movements are largely independent.
Performance
GRT-UN.TO vs. ELEZY - Performance Comparison
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Different Trading Currencies
GRT-UN.TO is traded in CAD, while ELEZY is traded in USD. To make them comparable, the ELEZY values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with GRT-UN.TO having a 19.72% return and ELEZY slightly higher at 20.18%.
GRT-UN.TO
- 1D
- 0.22%
- 1M
- 3.25%
- YTD
- 19.72%
- 6M
- 28.31%
- 1Y
- 41.14%
- 3Y*
- 9.94%
- 5Y*
- 7.55%
- 10Y*
- 14.48%
ELEZY
- 1D
- -1.43%
- 1M
- 0.13%
- YTD
- 20.18%
- 6M
- 17.66%
- 1Y
- 44.20%
- 3Y*
- 32.88%
- 5Y*
- 20.84%
- 10Y*
- —
GRT-UN.TO vs. ELEZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRT-UN.TO Granite Real Estate Investment Trust | 19.72% | 22.80% | -4.30% | 15.18% | -31.88% | 40.16% | 22.56% | 29.65% | 14.45% | -1.84% |
ELEZY Endesa SA ADR | 20.18% | 67.78% | 19.08% | 16.62% | -9.22% | -12.91% | 3.86% | 19.88% | 3.63% | -1.82% |
Correlation
The correlation between GRT-UN.TO and ELEZY is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017 | 0.11 |
The correlation between GRT-UN.TO and ELEZY shifts across timeframes, from 0.03 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GRT-UN.TO:
CA$5.83B
ELEZY:
$43.21B
GRT-UN.TO:
CA$6.39
ELEZY:
$1.11
GRT-UN.TO:
15.07
ELEZY:
18.75
GRT-UN.TO:
0.93
ELEZY:
0.44
GRT-UN.TO:
9.32
ELEZY:
2.06
GRT-UN.TO:
1.04
ELEZY:
5.04
GRT-UN.TO:
CA$629.87M
ELEZY:
$21.28B
GRT-UN.TO:
CA$517.51M
ELEZY:
$1.31B
GRT-UN.TO:
CA$513.85M
ELEZY:
$1.08B
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Return for Risk
GRT-UN.TO vs. ELEZY — Risk / Return Rank
GRT-UN.TO
ELEZY
GRT-UN.TO vs. ELEZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Granite Real Estate Investment Trust (GRT-UN.TO) and Endesa SA ADR (ELEZY). 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.
| GRT-UN.TO | ELEZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.28 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 4.44 | -1.24 |
| Martin ratioReturn relative to average drawdown | 10.28 | 10.87 | -0.59 |
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
| GRT-UN.TO | ELEZY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.66 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.67 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.50 | -0.17 |
Drawdowns
GRT-UN.TO vs. ELEZY - Drawdown Comparison
The maximum GRT-UN.TO drawdown since its inception was -87.48%, which is greater than ELEZY's maximum drawdown of -45.68%. Use the drawdown chart below to compare losses from any high point for GRT-UN.TO and ELEZY.
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Drawdown Indicators
| GRT-UN.TO | ELEZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.48% | -45.68% | -41.80% |
Max Drawdown (1Y)Largest decline over 1 year | -12.91% | -9.96% | -2.95% |
Max Drawdown (3Y)Largest decline over 3 years | -27.99% | -19.51% | -8.48% |
Max Drawdown (5Y)Largest decline over 5 years | -37.82% | -37.22% | -0.60% |
Max Drawdown (10Y)Largest decline over 10 years | -44.89% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -6.80% | +6.03% |
Average DrawdownAverage peak-to-trough decline | -16.98% | -13.76% | -3.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.01% | 4.06% | -0.05% |
Volatility
GRT-UN.TO vs. ELEZY - Volatility Comparison
The current volatility for Granite Real Estate Investment Trust (GRT-UN.TO) is 5.88%, while Endesa SA ADR (ELEZY) has a volatility of 8.05%. This indicates that GRT-UN.TO experiences smaller price fluctuations and is considered to be less risky than ELEZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRT-UN.TO | ELEZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.88% | 8.05% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.87% | 20.93% | -6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.25% | 26.81% | -7.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.88% | 31.48% | -9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.44% | 36.09% | -13.65% |
Dividends
GRT-UN.TO vs. ELEZY - Dividend Comparison
GRT-UN.TO's dividend yield for the trailing twelve months is around 3.61%, less than ELEZY's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELEZY Endesa SA ADR | 3.72% | 4.12% | 2.49% | 11.14% | 5.31% | 9.35% | 2.10% | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% |
GRT-UN.TO Granite Real Estate Investment Trust | 3.61% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
Financials
GRT-UN.TO vs. ELEZY - Financials Comparison
This section allows you to compare key financial metrics between Granite Real Estate Investment Trust and Endesa SA ADR. 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
GRT-UN.TO vs. ELEZY - Profitability Comparison
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
ELEZY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported a gross profit of 2.11B and revenue of 5.73B. Therefore, the gross margin over that period was 36.8%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
ELEZY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported an operating income of 1.15B and revenue of 5.73B, resulting in an operating margin of 20.1%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
ELEZY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Endesa SA ADR reported a net income of 725.00M and revenue of 5.73B, resulting in a net margin of 12.7%.
Frequently Asked Questions
GRT-UN.TO and ELEZY have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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