HIW vs. OLP
HIW (Highwoods Properties, Inc.) and OLP (One Liberty Properties, Inc.) are both stocks. Both are in the Real Estate sector — HIW in REIT - Office, OLP in REIT - Diversified. Over the past 10 years, HIW returned 0.63%/yr vs 7.60%/yr for OLP. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
HIW vs. OLP - Performance Comparison
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Returns By Period
In the year-to-date period, HIW achieves a 33.77% return, which is significantly higher than OLP's 24.58% return. Over the past 10 years, HIW has underperformed OLP with an annualized return of 0.63%, while OLP has yielded a comparatively higher 7.60% annualized return.
HIW
- 1D
- -1.98%
- 1M
- 3.99%
- 6M
- 33.62%
- YTD
- 33.77%
- 1Y
- 24.93%
- 3Y*
- 19.44%
- 5Y*
- -0.26%
- 10Y*
- 0.63%
- ALL TIME*
- 7.86%
OLP
- 1D
- -0.25%
- 1M
- -3.84%
- 6M
- 17.30%
- YTD
- 24.58%
- 1Y
- 19.19%
- 3Y*
- 14.94%
- 5Y*
- 2.90%
- 10Y*
- 7.60%
- ALL TIME*
- 11.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $62.06M | $53.38M | $53.67M | |
| $2.05M | $1.96M | $1.77M |
HIW vs. OLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIW Highwoods Properties, Inc. | 33.77% | -9.61% | 43.11% | -10.14% | -33.58% | 17.63% | -14.76% | 31.82% | -20.84% | 3.36% |
OLP One Liberty Properties, Inc. | 24.58% | -19.58% | 33.53% | 7.57% | -32.34% | 87.10% | -18.50% | 19.44% | 0.15% | 10.90% |
Correlation
The correlation between HIW and OLP is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 8, 1994 | 0.40 |
The correlation between HIW and OLP shifts across timeframes, from 0.40 (all time) to 0.61 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HIW:
$3.65B
OLP:
$530.43M
HIW:
$0.66
OLP:
$1.31
HIW:
50.03
OLP:
18.52
HIW:
5.95
OLP:
5.04
HIW:
1.56
OLP:
1.73
HIW:
$619.16M
OLP:
$101.35M
HIW:
$415.36M
OLP:
$26.40M
HIW:
$500.36M
OLP:
$84.01M
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Return for Risk
HIW vs. OLP — Risk / Return Rank
HIW
OLP
HIW vs. OLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Highwoods Properties, Inc. (HIW) and One Liberty Properties, Inc. (OLP). 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.
| HIW | OLP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.16 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 1.21 | -0.53 |
| Martin ratioReturn relative to average drawdown | 1.39 | 2.61 | -1.22 |
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Drawdowns
HIW vs. OLP - Drawdown Comparison
The maximum HIW drawdown since its inception was -63.47%, smaller than the maximum OLP drawdown of -87.45%. Use the drawdown chart below to compare losses from any high point for HIW and OLP.
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Drawdown Indicators
| HIW | OLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.47% | -87.45% | +23.98% |
Max Drawdown (1Y)Largest decline over 1 year | -34.03% | -14.69% | -19.34% |
Max Drawdown (3Y)Largest decline over 3 years | -37.09% | -28.83% | -8.26% |
Max Drawdown (5Y)Largest decline over 5 years | -58.22% | -44.10% | -14.12% |
Max Drawdown (10Y)Largest decline over 10 years | -58.93% | -60.23% | +1.30% |
Current DrawdownCurrent decline from peak | -4.42% | -7.97% | +3.55% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -13.39% | -1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.73% | 6.82% | +9.91% |
Volatility
HIW vs. OLP - Volatility Comparison
Highwoods Properties, Inc. (HIW) has a higher volatility of 7.79% compared to One Liberty Properties, Inc. (OLP) at 6.01%. This indicates that HIW's price experiences larger fluctuations and is considered to be riskier than OLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIW | OLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 6.01% | +1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 23.58% | 13.05% | +10.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.60% | 19.34% | +8.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.35% | 23.99% | +6.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 31.74% | -1.09% |
Dividends
HIW vs. OLP - Dividend Comparison
HIW's dividend yield for the trailing twelve months is around 6.04%, less than OLP's 7.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIW Highwoods Properties, Inc. | 6.04% | 7.75% | 6.54% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.78% | 3.46% | 4.90% | 3.90% |
OLP One Liberty Properties, Inc. | 7.40% | 8.87% | 6.61% | 8.22% | 8.10% | 5.10% | 8.97% | 6.62% | 7.43% | 6.71% | 6.61% | 7.36% |
Financials
HIW vs. OLP - Financials Comparison
This section allows you to compare key financial metrics between Highwoods Properties, Inc. and One Liberty Properties, 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
Frequently Asked Questions
HIW and OLP have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIW has higher volatility (7.79%) compared to OLP (6.01%). In terms of maximum drawdown, HIW dropped -63.47% vs OLP's -87.45%.
OLP currently has the higher Sharpe Ratio (0.92 vs 0.85), 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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