HR vs. PINE

Last updated Jun 4, 2026

HR (Healthcare Realty Trust Incorporated) and PINE (Alpine Income Property Trust, Inc.) are both stocks. Both are in the Real Estate sector — HR in REIT - Healthcare Facilities, PINE in REIT - Retail. Over the past 5 years, HR returned 2.22%/yr vs 7.94%/yr for PINE. At a 0.37 correlation, their price movements are largely independent.

Performance

HR vs. PINE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Healthcare Realty Trust Incorporated (HR) and Alpine Income Property Trust, Inc. (PINE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HR achieves a 17.30% return, which is significantly higher than PINE's 15.57% return.

HR

• 1D: -1.12%
• 1M: 0.22%
• YTD: 17.30%
• 6M: 12.07%
• 1Y: 43.36%
• 3Y*: 7.58%
• 5Y*: 2.22%
• 10Y*: 3.34%

PINE

• 1D: -2.11%
• 1M: -2.96%
• YTD: 15.57%
• 6M: 13.41%
• 1Y: 31.54%
• 3Y*: 12.98%
• 5Y*: 7.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HR vs. PINE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HR Healthcare Realty Trust Incorporated	17.30%	6.88%	6.40%	-4.08%	-19.28%	16.06%	-4.68%	5.91%
PINE Alpine Income Property Trust, Inc.	15.57%	6.97%	6.13%	-5.46%	0.95%	41.19%	-15.69%	0.47%

Correlation

The correlation between HR and PINE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Nov 25, 2019	0.37

Fundamentals

Market Cap HR : $6.74B PINE : $318.94M
EPS HR : -$0.58 PINE : -$0.03
PS Ratio HR : 5.89 PINE : 4.64
PB Ratio HR : 1.52 PINE : 0.96
Total Revenue (TTM) HR : $1.15B PINE : $64.73M
Gross Profit (TTM) HR : -$111.96M PINE : -$2.68M
EBITDA (TTM) HR : $636.97M PINE : $44.14M

Return for Risk

HR vs. PINE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HR

HR Risk / Return Rank: 86
HR Sharpe Ratio Rank: 89
HR Sortino Ratio Rank: 88
HR Omega Ratio Rank: 86
HR Calmar Ratio Rank: 85
HR Martin Ratio Rank: 85

PINE

PINE Risk / Return Rank: 77
PINE Sharpe Ratio Rank: 80
PINE Sortino Ratio Rank: 77
PINE Omega Ratio Rank: 73
PINE Calmar Ratio Rank: 78
PINE Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HR vs. PINE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Healthcare Realty Trust Incorporated (HR) and Alpine Income Property Trust, Inc. (PINE). 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.

	HR	PINE	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.46	+0.65
Sortino ratio: Return per unit of downside risk	3.01	2.14	+0.88
Omega ratio: Gain probability vs. loss probability	1.37	1.25	+0.12
Calmar ratio: Return relative to maximum drawdown	3.54	2.40	+1.14
Martin ratio: Return relative to average drawdown	8.85	6.25	+2.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HR vs. PINE - Sharpe Ratio Comparison

The current HR Sharpe Ratio is 2.11, which is higher than the PINE Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of HR and PINE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HR	PINE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	1.46	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	0.34	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.16	+0.12

Drawdowns

HR vs. PINE - Drawdown Comparison

The maximum HR drawdown since its inception was -61.36%, roughly equal to the maximum PINE drawdown of -60.00%. Use the drawdown chart below to compare losses from any high point for HR and PINE.

Drawdown Indicators

	HR	PINE	Difference
Max Drawdown Largest peak-to-trough decline	-61.36%	-60.00%	-1.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-13.19%	+0.90%
Max Drawdown (3Y) Largest decline over 3 years	-31.68%	-24.78%	-6.90%
Max Drawdown (5Y) Largest decline over 5 years	-47.08%	-26.68%	-20.40%
Max Drawdown (10Y) Largest decline over 10 years	-47.08%	—	—
Current Drawdown Current decline from peak	-8.15%	-5.88%	-2.27%
Average Drawdown Average peak-to-trough decline	-14.51%	-12.23%	-2.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	5.06%	-0.15%

Volatility

HR vs. PINE - Volatility Comparison

The current volatility for Healthcare Realty Trust Incorporated (HR) is 5.12%, while Alpine Income Property Trust, Inc. (PINE) has a volatility of 5.41%. This indicates that HR experiences smaller price fluctuations and is considered to be less risky than PINE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HR	PINE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	5.41%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	13.84%	16.19%	-2.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.64%	21.72%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.58%	23.76%	+4.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.34%	39.23%	-9.89%

Dividends

HR vs. PINE - Dividend Comparison

HR's dividend yield for the trailing twelve months is around 4.95%, less than PINE's 6.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HR Healthcare Realty Trust Incorporated	4.95%	6.49%	7.32%	7.20%	34.01%	7.89%	7.26%	7.34%	4.22%	3.74%	3.96%	4.24%
PINE Alpine Income Property Trust, Inc.	6.07%	6.82%	6.61%	6.51%	5.71%	5.06%	5.47%	0.30%	0.00%	0.00%	0.00%	0.00%

Financials

HR vs. PINE - Profitability Comparison

The chart below illustrates the profitability comparison between Healthcare Realty Trust Incorporated and Alpine Income Property Trust, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported a gross profit of 166.58M and revenue of 267.58M. Therefore, the gross margin over that period was 62.3%.

PINE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alpine Income Property Trust, Inc. reported a gross profit of 16.10M and revenue of 18.41M. Therefore, the gross margin over that period was 87.5%.

HR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported an operating income of 149.24M and revenue of 267.58M, resulting in an operating margin of 55.8%.

PINE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alpine Income Property Trust, Inc. reported an operating income of 6.62M and revenue of 18.41M, resulting in an operating margin of 36.0%.

HR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported a net income of -56.00K and revenue of 267.58M, resulting in a net margin of -0.0%.

PINE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alpine Income Property Trust, Inc. reported a net income of 1.06M and revenue of 18.41M, resulting in a net margin of 5.8%.

Frequently Asked Questions

Can I hold both HR and PINE in my portfolio?

HR and PINE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HR or PINE?

PINE has higher volatility (5.41%) compared to HR (5.12%). In terms of maximum drawdown, HR dropped -61.36% vs PINE's -60.00%.

Which has better risk-adjusted returns?

HR currently has the higher Sharpe Ratio (2.11 vs 1.46), 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.