LAND vs. FPI
LAND (Gladstone Land Corporation) and FPI (Farmland Partners Inc.) are both stocks. Both are in the Real Estate sector — LAND in REIT - Industrial, FPI in REIT - Specialty. Over the past 10 years, LAND returned 2.82%/yr vs 3.54%/yr for FPI. At a 0.39 correlation, their price movements are largely independent.
Performance
LAND vs. FPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LAND achieves a 2.77% return, which is significantly lower than FPI's 7.93% return. Over the past 10 years, LAND has underperformed FPI with an annualized return of 2.82%, while FPI has yielded a comparatively higher 3.54% annualized return.
LAND
- 1D
- -1.39%
- 1M
- -3.69%
- YTD
- 2.77%
- 6M
- 2.53%
- 1Y
- -1.15%
- 3Y*
- -13.65%
- 5Y*
- -14.18%
- 10Y*
- 2.82%
FPI
- 1D
- -0.67%
- 1M
- -2.09%
- YTD
- 7.93%
- 6M
- 6.72%
- 1Y
- -6.03%
- 3Y*
- 2.38%
- 5Y*
- -0.10%
- 10Y*
- 3.54%
LAND vs. FPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAND Gladstone Land Corporation | 2.77% | -10.69% | -21.63% | -18.49% | -44.42% | 136.25% | 17.35% | 18.07% | -10.82% | 24.66% |
FPI Farmland Partners Inc. | 7.93% | -14.11% | 5.66% | 3.99% | 6.09% | 39.70% | 32.09% | 53.84% | -45.13% | -17.84% |
Correlation
The correlation between LAND and FPI is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2014 | 0.39 |
The correlation between LAND and FPI shifts across timeframes, from 0.39 (all time) to 0.58 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LAND:
$375.47M
FPI:
$445.36M
LAND:
-$0.31
FPI:
$0.63
LAND:
3.98
FPI:
9.19
LAND:
0.55
FPI:
0.97
LAND:
$86.33M
FPI:
$53.83M
LAND:
$12.83M
FPI:
$42.39M
LAND:
$64.70M
FPI:
$36.98M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LAND vs. FPI — Risk / Return Rank
LAND
FPI
LAND vs. FPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Land Corporation (LAND) and Farmland Partners Inc. (FPI). 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.
| LAND | FPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.97 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | -0.28 | +0.24 |
| Martin ratioReturn relative to average drawdown | -0.08 | -0.54 | +0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LAND | FPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.04 | -0.27 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | -0.00 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.10 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.07 | -0.05 |
Drawdowns
LAND vs. FPI - Drawdown Comparison
The maximum LAND drawdown since its inception was -76.45%, which is greater than FPI's maximum drawdown of -59.77%. Use the drawdown chart below to compare losses from any high point for LAND and FPI.
Loading charts...
Drawdown Indicators
| LAND | FPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.45% | -59.77% | -16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -25.44% | -21.46% | -3.98% |
Max Drawdown (3Y)Largest decline over 3 years | -45.24% | -23.64% | -21.60% |
Max Drawdown (5Y)Largest decline over 5 years | -76.45% | -39.88% | -36.57% |
Max Drawdown (10Y)Largest decline over 10 years | -76.45% | -57.44% | -19.01% |
Current DrawdownCurrent decline from peak | -73.73% | -21.01% | -52.72% |
Average DrawdownAverage peak-to-trough decline | -30.62% | -23.61% | -7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.77% | 11.15% | +2.62% |
Volatility
LAND vs. FPI - Volatility Comparison
Gladstone Land Corporation (LAND) has a higher volatility of 6.99% compared to Farmland Partners Inc. (FPI) at 5.18%. This indicates that LAND's price experiences larger fluctuations and is considered to be riskier than FPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LAND | FPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 5.18% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 21.98% | 18.15% | +3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.59% | 22.69% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.43% | 28.32% | +3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.96% | 35.63% | -5.67% |
Dividends
LAND vs. FPI - Dividend Comparison
LAND's dividend yield for the trailing twelve months is around 6.10%, more than FPI's 4.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPI Farmland Partners Inc. | 4.56% | 4.54% | 11.31% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.82% | 5.88% | 4.57% | 4.54% |
LAND Gladstone Land Corporation | 6.10% | 6.12% | 5.16% | 3.83% | 2.98% | 1.60% | 3.67% | 4.12% | 4.63% | 3.90% | 4.40% | 5.38% |
Financials
LAND vs. FPI - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Land Corporation and Farmland Partners 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
LAND vs. FPI - Profitability Comparison
LAND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation reported a gross profit of 14.64M and revenue of 14.80M. Therefore, the gross margin over that period was 98.9%.
FPI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Farmland Partners Inc. reported a gross profit of 8.63M and revenue of 10.10M. Therefore, the gross margin over that period was 85.5%.
LAND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation reported an operating income of 12.68M and revenue of 14.80M, resulting in an operating margin of 85.7%.
FPI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Farmland Partners Inc. reported an operating income of 3.57M and revenue of 10.10M, resulting in an operating margin of 35.4%.
LAND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation reported a net income of -9.99M and revenue of 14.80M, resulting in a net margin of -67.5%.
FPI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Farmland Partners Inc. reported a net income of 640.00K and revenue of 10.10M, resulting in a net margin of 6.3%.
Frequently Asked Questions
LAND and FPI have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAND has higher volatility (6.99%) compared to FPI (5.18%). In terms of maximum drawdown, LAND dropped -76.45% vs FPI's -59.77%.
LAND currently has the higher Sharpe Ratio (-0.04 vs -0.27), 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.
Find the right allocation for LAND and FPI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer