LADR vs. BNR

Last updated Jun 3, 2026

LADR (Ladder Capital Corp) and BNR (Burning Rock Biotech Limited) are both stocks. LADR operates in REIT - Mortgage (Real Estate), while BNR operates in Diagnostics & Research (Healthcare). Over the past 5 years, LADR returned 5.23%/yr vs -48.82%/yr for BNR. At a 0.09 correlation, their price movements are largely independent.

Performance

LADR vs. BNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ladder Capital Corp (LADR) and Burning Rock Biotech Limited (BNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LADR achieves a -5.06% return, which is significantly higher than BNR's -52.16% return.

LADR

• 1D: 0.89%
• 1M: -1.45%
• YTD: -5.06%
• 6M: -2.74%
• 1Y: 7.00%
• 3Y*: 9.16%
• 5Y*: 5.23%
• 10Y*: 6.70%

BNR

• 1D: 10.42%
• 1M: -43.61%
• YTD: -52.16%
• 6M: -55.60%
• 1Y: 209.97%
• 3Y*: -26.42%
• 5Y*: -48.82%
• 10Y*: —

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

LADR vs. BNR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LADR Ladder Capital Corp	-5.06%	6.69%	5.53%	25.22%	-8.95%	31.28%	24.52%
BNR Burning Rock Biotech Limited	-52.16%	198.52%	-27.42%	-58.67%	-76.39%	-58.74%	-6.21%

Correlation

The correlation between LADR and BNR is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jun 15, 2020	0.09

Fundamentals

Market Cap LADR : $1.28B BNR : $10.10M
EPS LADR : $0.44 BNR : -$51.67
PS Ratio LADR : 3.21 BNR : 0.02
PB Ratio LADR : 0.89 BNR : 0.02
Total Revenue (TTM) LADR : $400.28M BNR : $537.82M
Gross Profit (TTM) LADR : $284.72M BNR : $401.55M
EBITDA (TTM) LADR : $276.22M BNR : -$26.17M

Return for Risk

LADR vs. BNR — Risk / Return Rank

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

LADR

LADR Risk / Return Rank: 48
LADR Sharpe Ratio Rank: 54
LADR Sortino Ratio Rank: 45
LADR Omega Ratio Rank: 44
LADR Calmar Ratio Rank: 49
LADR Martin Ratio Rank: 49

BNR

BNR Risk / Return Rank: 81
BNR Sharpe Ratio Rank: 81
BNR Sortino Ratio Rank: 83
BNR Omega Ratio Rank: 81
BNR Calmar Ratio Rank: 80
BNR Martin Ratio Rank: 80

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.

LADR vs. BNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ladder Capital Corp (LADR) and Burning Rock Biotech Limited (BNR). 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.

	LADR	BNR	Difference
Sharpe ratio Return per unit of total volatility	0.39	1.51	-1.12
Sortino ratio Return per unit of downside risk	0.65	2.56	-1.91
Omega ratio Gain probability vs. loss probability	1.08	1.32	-0.24
Calmar ratio Return relative to maximum drawdown	0.38	2.68	-2.30
Martin ratio Return relative to average drawdown	0.87	6.58	-5.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LADR vs. BNR - Sharpe Ratio Comparison

The current LADR Sharpe Ratio is 0.39, which is lower than the BNR Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of LADR and BNR, 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

	LADR	BNR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	1.51	-1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	-0.50	+0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.44	+0.53

Drawdowns

LADR vs. BNR - Drawdown Comparison

The maximum LADR drawdown since its inception was -81.63%, smaller than the maximum BNR drawdown of -99.41%. Use the drawdown chart below to compare losses from any high point for LADR and BNR.

Drawdown Indicators

	LADR	BNR	Difference
Max Drawdown Largest peak-to-trough decline	-81.63%	-99.41%	+17.78%
Max Drawdown (1Y) Largest decline over 1 year	-14.68%	-78.74%	+64.06%
Max Drawdown (3Y) Largest decline over 3 years	-20.22%	-90.72%	+70.50%
Max Drawdown (5Y) Largest decline over 5 years	-26.97%	-99.23%	+72.26%
Max Drawdown (10Y) Largest decline over 10 years	-81.63%	—	—
Current Drawdown Current decline from peak	-9.41%	-97.56%	+88.15%
Average Drawdown Average peak-to-trough decline	-18.32%	-78.20%	+59.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.43%	32.07%	-25.64%

Volatility

LADR vs. BNR - Volatility Comparison

The current volatility for Ladder Capital Corp (LADR) is 3.93%, while Burning Rock Biotech Limited (BNR) has a volatility of 32.73%. This indicates that LADR experiences smaller price fluctuations and is considered to be less risky than BNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LADR	BNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	32.73%	-28.80%
Volatility (6M) Calculated over the trailing 6-month period	13.99%	96.10%	-82.11%
Volatility (1Y) Calculated over the trailing 1-year period	18.01%	139.73%	-121.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.79%	98.91%	-74.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.26%	95.72%	-47.46%

Dividends

LADR vs. BNR - Dividend Comparison

LADR's dividend yield for the trailing twelve months is around 9.03%, while BNR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNR Burning Rock Biotech Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LADR Ladder Capital Corp	9.03%	8.37%	8.22%	7.99%	8.76%	6.67%	9.61%	7.54%	9.92%	8.91%	9.37%	17.91%

Financials

LADR vs. BNR - Profitability Comparison

The chart below illustrates the profitability comparison between Ladder Capital Corp and Burning Rock Biotech Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LADR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ladder Capital Corp reported a gross profit of 73.11M and revenue of 103.34M. Therefore, the gross margin over that period was 70.8%.

BNR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Burning Rock Biotech Limited reported a gross profit of 97.21M and revenue of 124.57M. Therefore, the gross margin over that period was 78.0%.

LADR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ladder Capital Corp reported an operating income of 54.63M and revenue of 103.34M, resulting in an operating margin of 52.9%.

BNR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Burning Rock Biotech Limited reported an operating income of -11.87M and revenue of 124.57M, resulting in an operating margin of -9.5%.

LADR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ladder Capital Corp reported a net income of 2.61M and revenue of 103.34M, resulting in a net margin of 2.5%.

BNR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Burning Rock Biotech Limited reported a net income of -15.17M and revenue of 124.57M, resulting in a net margin of -12.2%.

Frequently Asked Questions

Can I hold both LADR and BNR in my portfolio?

LADR and BNR have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LADR or BNR?

BNR has higher volatility (32.73%) compared to LADR (3.93%). In terms of maximum drawdown, LADR dropped -81.63% vs BNR's -99.41%.

Which has better risk-adjusted returns?

BNR currently has the higher Sharpe Ratio (1.51 vs 0.39), 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.