HIW vs. MNR
HIW (Highwoods Properties, Inc.) and MNR (Monmouth Real Estate Investment Corporation) are both stocks. Both are in the Real Estate sector — HIW in REIT - Office, MNR in REIT - Industrial. Over the past year, HIW returned -1.50% vs 20.90% for MNR. At a 0.20 correlation, their price movements are largely independent.
Performance
HIW vs. MNR - Performance Comparison
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Returns By Period
In the year-to-date period, HIW achieves a 11.44% return, which is significantly lower than MNR's 35.52% return.
HIW
- 1D
- 2.37%
- 1M
- 12.16%
- YTD
- 11.44%
- 6M
- 8.38%
- 1Y
- -1.50%
- 3Y*
- 18.60%
- 5Y*
- -3.60%
- 10Y*
- 0.16%
MNR
- 1D
- 2.38%
- 1M
- 4.46%
- YTD
- 35.52%
- 6M
- 20.46%
- 1Y
- 20.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIW vs. MNR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HIW Highwoods Properties, Inc. | 11.44% | -9.61% | 43.11% | 34.48% |
MNR Monmouth Real Estate Investment Corporation | 35.52% | -26.21% | 23.43% | -10.09% |
Correlation
The correlation between HIW and MNR is 0.10, 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 | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.20 |
The correlation between HIW and MNR shifts across timeframes, from 0.10 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HIW:
$3.09B
MNR:
$2.31B
HIW:
$0.55
MNR:
$0.68
HIW:
50.30
MNR:
20.34
HIW:
5.04
MNR:
1.57
HIW:
1.31
MNR:
1.02
HIW:
$605.73M
MNR:
$1.19B
HIW:
$409.39M
MNR:
$632.55M
HIW:
$478.95M
MNR:
$541.72M
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Return for Risk
HIW vs. MNR — Risk / Return Rank
HIW
MNR
HIW vs. MNR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Highwoods Properties, Inc. (HIW) and Monmouth Real Estate Investment Corporation (MNR). 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.
| HIW | MNR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.14 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 0.78 | -0.82 |
| Martin ratioReturn relative to average drawdown | -0.09 | 1.49 | -1.58 |
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
| HIW | MNR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 0.74 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.14 | +0.08 |
Drawdowns
HIW vs. MNR - Drawdown Comparison
The maximum HIW drawdown since its inception was -63.47%, which is greater than MNR's maximum drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for HIW and MNR.
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Drawdown Indicators
| HIW | MNR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.47% | -34.70% | -28.77% |
Max Drawdown (1Y)Largest decline over 1 year | -34.03% | -27.08% | -6.95% |
Max Drawdown (3Y)Largest decline over 3 years | -37.09% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -58.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.93% | — | — |
Current DrawdownCurrent decline from peak | -20.38% | -9.53% | -10.85% |
Average DrawdownAverage peak-to-trough decline | -14.58% | -14.72% | +0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.89% | 14.03% | +2.86% |
Volatility
HIW vs. MNR - Volatility Comparison
The current volatility for Highwoods Properties, Inc. (HIW) is 6.99%, while Monmouth Real Estate Investment Corporation (MNR) has a volatility of 8.06%. This indicates that HIW experiences smaller price fluctuations and is considered to be less risky than MNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIW | MNR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 8.06% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 22.75% | 21.82% | +0.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.53% | 28.26% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.21% | 28.82% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.50% | 28.82% | +1.68% |
Dividends
HIW vs. MNR - Dividend Comparison
HIW's dividend yield for the trailing twelve months is around 7.25%, less than MNR's 13.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIW Highwoods Properties, Inc. | 7.25% | 7.75% | 6.54% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.78% | 3.46% | 4.90% | 3.90% |
MNR Monmouth Real Estate Investment Corporation | 13.24% | 17.57% | 18.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
HIW vs. MNR - Financials Comparison
This section allows you to compare key financial metrics between Highwoods Properties, Inc. and Monmouth Real Estate Investment Corporation. 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
HIW and MNR have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNR has higher volatility (8.06%) compared to HIW (6.99%). In terms of maximum drawdown, HIW dropped -63.47% vs MNR's -34.70%.
MNR currently has the higher Sharpe Ratio (0.74 vs -0.06), 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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