LADR vs. VNQ

Last updated Jun 5, 2026

LADR (Ladder Capital Corp) is a stock, while VNQ (Vanguard Real Estate ETF) is REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. Over the past 10 years, LADR returned 6.52%/yr vs 5.47%/yr for VNQ. At a 0.47 correlation, their price movements are largely independent.

Performance

LADR vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ladder Capital Corp (LADR) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LADR achieves a -5.25% return, which is significantly lower than VNQ's 9.76% return. Over the past 10 years, LADR has outperformed VNQ with an annualized return of 6.52%, while VNQ has yielded a comparatively lower 5.47% annualized return.

LADR

• 1D: 1.70%
• 1M: -0.88%
• YTD: -5.25%
• 6M: -2.93%
• 1Y: 6.18%
• 3Y*: 9.53%
• 5Y*: 5.26%
• 10Y*: 6.52%

VNQ

• 1D: 1.79%
• 1M: 0.36%
• YTD: 9.76%
• 6M: 8.93%
• 1Y: 11.63%
• 3Y*: 10.05%
• 5Y*: 2.54%
• 10Y*: 5.47%

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

LADR vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LADR Ladder Capital Corp	-5.25%	6.69%	5.53%	25.22%	-8.95%	31.28%	-40.80%	26.36%	24.54%	8.52%
VNQ Vanguard Real Estate ETF	9.76%	3.24%	4.81%	11.85%	-26.25%	40.54%	-4.61%	28.91%	-6.03%	4.90%

Correlation

The correlation between LADR and VNQ 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	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Feb 7, 2014	0.47

The correlation between LADR and VNQ shifts across timeframes, from 0.47 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LADR vs. VNQ — Risk / Return Rank

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

LADR

LADR Risk / Return Rank: 49
LADR Sharpe Ratio Rank: 54
LADR Sortino Ratio Rank: 45
LADR Omega Ratio Rank: 44
LADR Calmar Ratio Rank: 52
LADR Martin Ratio Rank: 52

VNQ

VNQ Risk / Return Rank: 27
VNQ Sharpe Ratio Rank: 26
VNQ Sortino Ratio Rank: 24
VNQ Omega Ratio Rank: 24
VNQ Calmar Ratio Rank: 29
VNQ Martin Ratio Rank: 31

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. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ladder Capital Corp (LADR) and Vanguard Real Estate ETF (VNQ). 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	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	0.34	0.88	-0.54
Sortino ratio: Return per unit of downside risk	0.59	1.28	-0.69
Omega ratio: Gain probability vs. loss probability	1.07	1.16	-0.09
Calmar ratio: Return relative to maximum drawdown	0.42	1.40	-0.98
Martin ratio: Return relative to average drawdown	0.96	4.41	-3.45
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. VNQ - Sharpe Ratio Comparison

The current LADR Sharpe Ratio is 0.34, which is lower than the VNQ Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of LADR and VNQ, 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	VNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	0.88	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.14	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	0.27	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.27	-0.17

Drawdowns

LADR vs. VNQ - Drawdown Comparison

The maximum LADR drawdown since its inception was -81.63%, which is greater than VNQ's maximum drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for LADR and VNQ.

Drawdown Indicators

	LADR	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-81.63%	-73.07%	-8.56%
Max Drawdown (1Y) Largest decline over 1 year	-14.68%	-8.34%	-6.34%
Max Drawdown (3Y) Largest decline over 3 years	-20.22%	-17.46%	-2.76%
Max Drawdown (5Y) Largest decline over 5 years	-26.97%	-34.48%	+7.51%
Max Drawdown (10Y) Largest decline over 10 years	-81.63%	-42.40%	-39.23%
Current Drawdown Current decline from peak	-9.59%	-2.03%	-7.56%
Average Drawdown Average peak-to-trough decline	-18.31%	-13.63%	-4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.48%	2.64%	+3.84%

Volatility

LADR vs. VNQ - Volatility Comparison

Ladder Capital Corp (LADR) and Vanguard Real Estate ETF (VNQ) have volatilities of 4.31% and 4.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LADR	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	4.14%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	14.18%	9.41%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	18.10%	13.27%	+4.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	18.82%	+6.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.24%	20.70%	+27.54%

Dividends

LADR vs. VNQ - Dividend Comparison

LADR's dividend yield for the trailing twelve months is around 9.05%, more than VNQ's 3.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LADR Ladder Capital Corp	9.05%	8.37%	8.22%	7.99%	8.76%	6.67%	9.61%	7.54%	9.92%	8.91%	9.37%	17.91%
VNQ Vanguard Real Estate ETF	3.63%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both LADR and VNQ in my portfolio?

LADR and VNQ 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.

Which is riskier, LADR or VNQ?

LADR has higher volatility (4.31%) compared to VNQ (4.14%). In terms of maximum drawdown, LADR dropped -81.63% vs VNQ's -73.07%.

Which has better risk-adjusted returns?

VNQ currently has the higher Sharpe Ratio (0.88 vs 0.34), 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.