HIW vs. SBRA
HIW (Highwoods Properties, Inc.) and SBRA (Sabra Health Care REIT, Inc.) are both stocks. Both are in the Real Estate sector — HIW in REIT - Office, SBRA in REIT - Healthcare Facilities. Over the past 10 years, HIW returned 0.63%/yr vs 6.97%/yr for SBRA. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
HIW vs. SBRA - 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 SBRA's 15.08% return. Over the past 10 years, HIW has underperformed SBRA with an annualized return of 0.63%, while SBRA has yielded a comparatively higher 6.97% 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%
SBRA
- 1D
- -0.70%
- 1M
- 5.01%
- 6M
- 16.37%
- YTD
- 15.08%
- 1Y
- 23.12%
- 3Y*
- 26.82%
- 5Y*
- 11.14%
- 10Y*
- 6.97%
- ALL TIME*
- 3.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $62.06M | $53.38M | $53.67M | |
| $70.50M | $62.87M | $59.87M |
HIW vs. SBRA - 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% |
SBRA Sabra Health Care REIT, Inc. | 15.08% | 17.02% | 31.23% | 26.26% | 0.38% | -16.16% | -11.33% | 41.14% | -3.73% | -16.83% |
Correlation
The correlation between HIW and SBRA is 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2002 | 0.41 |
Over the past year, the correlation between HIW and SBRA has dropped to 0.15 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
HIW:
$3.65B
SBRA:
$5.34B
HIW:
$0.66
SBRA:
$0.62
HIW:
50.03
SBRA:
34.19
HIW:
5.95
SBRA:
6.53
HIW:
1.56
SBRA:
1.94
HIW:
$619.16M
SBRA:
$812.84M
HIW:
$415.36M
SBRA:
$379.92M
HIW:
$500.36M
SBRA:
$438.08M
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Return for Risk
HIW vs. SBRA — Risk / Return Rank
HIW
SBRA
HIW vs. SBRA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Highwoods Properties, Inc. (HIW) and Sabra Health Care REIT, Inc. (SBRA). 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 | SBRA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.20 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 1.55 | -0.87 |
| Martin ratioReturn relative to average drawdown | 1.39 | 4.69 | -3.29 |
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Drawdowns
HIW vs. SBRA - Drawdown Comparison
The maximum HIW drawdown since its inception was -63.47%, smaller than the maximum SBRA drawdown of -99.49%. Use the drawdown chart below to compare losses from any high point for HIW and SBRA.
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Drawdown Indicators
| HIW | SBRA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.47% | -99.49% | +36.02% |
Max Drawdown (1Y)Largest decline over 1 year | -34.03% | -16.10% | -17.93% |
Max Drawdown (3Y)Largest decline over 3 years | -37.09% | -16.78% | -20.31% |
Max Drawdown (5Y)Largest decline over 5 years | -58.22% | -34.47% | -23.75% |
Max Drawdown (10Y)Largest decline over 10 years | -58.93% | -74.93% | +16.00% |
Current DrawdownCurrent decline from peak | -4.42% | -5.45% | +1.03% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -37.53% | +22.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.73% | 5.33% | +11.40% |
Volatility
HIW vs. SBRA - Volatility Comparison
The current volatility for Highwoods Properties, Inc. (HIW) is 7.79%, while Sabra Health Care REIT, Inc. (SBRA) has a volatility of 11.92%. This indicates that HIW experiences smaller price fluctuations and is considered to be less risky than SBRA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIW | SBRA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 11.92% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 23.58% | 19.77% | +3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.60% | 23.91% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.35% | 27.32% | +3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.65% | 36.59% | -5.94% |
Dividends
HIW vs. SBRA - Dividend Comparison
HIW's dividend yield for the trailing twelve months is around 6.04%, more than SBRA's 5.67% 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% |
SBRA Sabra Health Care REIT, Inc. | 5.67% | 6.34% | 6.93% | 8.41% | 9.65% | 8.86% | 7.77% | 8.43% | 10.92% | 9.22% | 6.84% | 7.91% |
Financials
HIW vs. SBRA - Financials Comparison
This section allows you to compare key financial metrics between Highwoods Properties, Inc. and Sabra Health Care REIT, 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 SBRA have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBRA has higher volatility (11.92%) compared to HIW (7.79%). In terms of maximum drawdown, HIW dropped -63.47% vs SBRA's -99.49%.
SBRA currently has the higher Sharpe Ratio (1.05 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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