JBGS vs. BXP
JBGS (JBG SMITH Properties) and BXP (Boston Properties, Inc.) are both stocks. Both operate in the REIT - Office industry within the Real Estate sector. Over the past 5 years, JBGS returned -11.95%/yr vs -8.10%/yr for BXP. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
JBGS vs. BXP - Performance Comparison
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Returns By Period
In the year-to-date period, JBGS achieves a -14.26% return, which is significantly lower than BXP's -8.52% return.
JBGS
- 1D
- -2.31%
- 1M
- 0.52%
- YTD
- -14.26%
- 6M
- -18.63%
- 1Y
- -13.91%
- 3Y*
- 4.77%
- 5Y*
- -11.95%
- 10Y*
- —
BXP
- 1D
- -0.51%
- 1M
- 3.96%
- YTD
- -8.52%
- 6M
- -12.35%
- 1Y
- -9.26%
- 3Y*
- 12.46%
- 5Y*
- -8.10%
- 10Y*
- -3.25%
JBGS vs. BXP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JBGS JBG SMITH Properties | -14.26% | 15.18% | -4.51% | -6.13% | -31.04% | -5.42% | -19.22% | 17.23% | 3.03% | -5.47% |
BXP Boston Properties, Inc. | -8.52% | -4.75% | 12.28% | 10.98% | -38.57% | 26.21% | -28.33% | 26.09% | -10.86% | 10.50% |
Correlation
The correlation between JBGS and BXP is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2017 | 0.70 |
The correlation between JBGS and BXP shifts across timeframes, from 0.55 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
JBGS:
$851.24M
BXP:
$9.67B
JBGS:
-$1.81
BXP:
$2.00
JBGS:
1.76
BXP:
2.77
JBGS:
0.75
BXP:
1.88
JBGS:
$505.51M
BXP:
$3.49B
JBGS:
-$51.78M
BXP:
$2.10B
JBGS:
$134.31M
BXP:
$1.88B
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Return for Risk
JBGS vs. BXP — Risk / Return Rank
JBGS
BXP
JBGS vs. BXP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JBG SMITH Properties (JBGS) and Boston Properties, Inc. (BXP). 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.
| JBGS | BXP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.97 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.28 | -0.07 |
| Martin ratioReturn relative to average drawdown | -0.55 | -0.56 | +0.01 |
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
| JBGS | BXP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | -0.33 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | -0.25 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.22 | 0.24 | -0.46 |
Drawdowns
JBGS vs. BXP - Drawdown Comparison
The maximum JBGS drawdown since its inception was -65.38%, smaller than the maximum BXP drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for JBGS and BXP.
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Drawdown Indicators
| JBGS | BXP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.38% | -72.80% | +7.42% |
Max Drawdown (1Y)Largest decline over 1 year | -40.48% | -33.56% | -6.92% |
Max Drawdown (3Y)Largest decline over 3 years | -40.48% | -39.03% | -1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -59.70% | -62.57% | +2.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.59% | — |
Current DrawdownCurrent decline from peak | -55.95% | -43.60% | -12.35% |
Average DrawdownAverage peak-to-trough decline | -32.23% | -16.72% | -15.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.30% | 16.58% | +8.72% |
Volatility
JBGS vs. BXP - Volatility Comparison
JBG SMITH Properties (JBGS) has a higher volatility of 10.63% compared to Boston Properties, Inc. (BXP) at 6.35%. This indicates that JBGS's price experiences larger fluctuations and is considered to be riskier than BXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JBGS | BXP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 6.35% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 18.85% | 20.02% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.18% | 28.22% | +1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.36% | 32.85% | -1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.29% | 32.03% | -0.74% |
Dividends
JBGS vs. BXP - Dividend Comparison
JBGS's dividend yield for the trailing twelve months is around 4.86%, less than BXP's 5.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BXP Boston Properties, Inc. | 5.06% | 4.98% | 5.27% | 5.59% | 5.80% | 3.40% | 4.15% | 2.78% | 3.11% | 2.35% | 2.15% | 3.02% |
JBGS JBG SMITH Properties | 4.86% | 4.12% | 5.69% | 3.97% | 4.74% | 3.13% | 2.88% | 2.26% | 2.87% | 1.30% | 0.00% | 0.00% |
Financials
JBGS vs. BXP - Financials Comparison
This section allows you to compare key financial metrics between JBG SMITH Properties and Boston 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
JBGS vs. BXP - Profitability Comparison
JBGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JBG SMITH Properties reported a gross profit of 79.34M and revenue of 127.60M. Therefore, the gross margin over that period was 62.2%.
BXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported a gross profit of 515.21M and revenue of 872.15M. Therefore, the gross margin over that period was 59.1%.
JBGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JBG SMITH Properties reported an operating income of 0.00 and revenue of 127.60M, resulting in an operating margin of 0.0%.
BXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported an operating income of 227.78M and revenue of 872.15M, resulting in an operating margin of 26.1%.
JBGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JBG SMITH Properties reported a net income of -18.70M and revenue of 127.60M, resulting in a net margin of -14.7%.
BXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Properties, Inc. reported a net income of 101.58M and revenue of 872.15M, resulting in a net margin of 11.7%.
Frequently Asked Questions
JBGS and BXP have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JBGS has higher volatility (10.63%) compared to BXP (6.35%). In terms of maximum drawdown, JBGS dropped -65.38% vs BXP's -72.80%.
BXP currently has the higher Sharpe Ratio (-0.33 vs -0.46), 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.
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