LANDP vs. WES
LANDP (Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock) and WES (Western Midstream Partners, LP) are both stocks. LANDP operates in REIT - Specialty (Real Estate), while WES operates in Oil & Gas Midstream (Energy). Over the past year, LANDP returned 14.18% vs 26.66% for WES. At a 0.10 correlation, their price movements are largely independent.
Performance
LANDP vs. WES - Performance Comparison
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Returns By Period
In the year-to-date period, LANDP achieves a 11.23% return, which is significantly lower than WES's 16.46% return.
LANDP
- 1D
- 0.10%
- 1M
- -0.75%
- YTD
- 11.23%
- 6M
- 11.44%
- 1Y
- 14.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WES
- 1D
- 0.94%
- 1M
- 3.43%
- YTD
- 16.46%
- 6M
- 17.26%
- 1Y
- 26.66%
- 3Y*
- 30.12%
- 5Y*
- 25.95%
- 10Y*
- 8.76%
LANDP vs. WES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
LANDP Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock | 11.23% | -1.26% | 17.22% | -4.27% |
WES Western Midstream Partners, LP | 16.46% | 12.77% | 43.58% | 14.03% |
Correlation
The correlation between LANDP and WES 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 (All Time) Calculated using the full available price history since Jun 9, 2023 | 0.10 |
Fundamentals
LANDP:
$834.29M
WES:
$17.64B
LANDP:
-$0.31
WES:
$3.09
LANDP:
8.85
WES:
4.26
LANDP:
1.21
WES:
5.03
LANDP:
$86.33M
WES:
$4.05B
LANDP:
$12.83M
WES:
$2.79B
LANDP:
$64.70M
WES:
$2.16B
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Return for Risk
LANDP vs. WES — Risk / Return Rank
LANDP
WES
LANDP vs. WES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) and Western Midstream Partners, LP (WES). 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.
| LANDP | WES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.24 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.84 | -0.29 |
| Martin ratioReturn relative to average drawdown | 6.60 | 6.54 | +0.06 |
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
| LANDP | WES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 1.33 | +0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.89 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.24 | +0.24 |
Drawdowns
LANDP vs. WES - Drawdown Comparison
The maximum LANDP drawdown since its inception was -17.53%, smaller than the maximum WES drawdown of -93.66%. Use the drawdown chart below to compare losses from any high point for LANDP and WES.
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Drawdown Indicators
| LANDP | WES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.53% | -93.66% | +76.13% |
Max Drawdown (1Y)Largest decline over 1 year | -5.57% | -9.42% | +3.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.54% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -91.90% | — |
Current DrawdownCurrent decline from peak | -1.53% | -6.97% | +5.44% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -28.54% | +23.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.15% | 4.09% | -1.94% |
Volatility
LANDP vs. WES - Volatility Comparison
The current volatility for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) is 2.03%, while Western Midstream Partners, LP (WES) has a volatility of 9.11%. This indicates that LANDP experiences smaller price fluctuations and is considered to be less risky than WES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LANDP | WES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.03% | 9.11% | -7.08% |
Volatility (6M)Calculated over the trailing 6-month period | 6.45% | 15.54% | -9.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.25% | 20.16% | -10.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 29.22% | -13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.28% | 46.63% | -31.35% |
Dividends
LANDP vs. WES - Dividend Comparison
LANDP's dividend yield for the trailing twelve months is around 7.35%, less than WES's 8.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LANDP Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock | 7.35% | 7.92% | 7.25% | 4.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WES Western Midstream Partners, LP | 8.31% | 9.13% | 8.33% | 8.52% | 6.80% | 5.69% | 11.25% | 12.45% | 8.28% | 5.43% | 4.03% | 3.86% |
Financials
LANDP vs. WES - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock and Western Midstream Partners, LP. 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
LANDP vs. WES - Profitability Comparison
LANDP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock reported a gross profit of 14.64M and revenue of 14.80M. Therefore, the gross margin over that period was 98.9%.
WES - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Western Midstream Partners, LP reported a gross profit of 859.34M and revenue of 1.12B. Therefore, the gross margin over that period was 76.5%.
LANDP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock reported an operating income of 12.68M and revenue of 14.80M, resulting in an operating margin of 85.7%.
WES - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Western Midstream Partners, LP reported an operating income of 469.19M and revenue of 1.12B, resulting in an operating margin of 41.8%.
LANDP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock reported a net income of -9.99M and revenue of 14.80M, resulting in a net margin of -67.5%.
WES - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Western Midstream Partners, LP reported a net income of 350.28M and revenue of 1.12B, resulting in a net margin of 31.2%.
Frequently Asked Questions
LANDP and WES 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.
WES has higher volatility (9.11%) compared to LANDP (2.03%). In terms of maximum drawdown, LANDP dropped -17.53% vs WES's -93.66%.
LANDP currently has the higher Sharpe Ratio (1.54 vs 1.33), 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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