LLC.AX vs. DLR

Last updated Jun 4, 2026

LLC.AX (Lendlease Group) and DLR (Digital Realty Trust, Inc.) are both stocks. Both are in the Real Estate sector — LLC.AX in Real Estate - Diversified, DLR in REIT - Office. Over the past 10 years, LLC.AX returned -12.99%/yr vs 10.52%/yr for DLR. At a 0.01 correlation, their price movements are largely independent.

Performance

LLC.AX vs. DLR - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Lendlease Group (LLC.AX) and Digital Realty Trust, Inc. (DLR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

LLC.AX is traded in AUD, while DLR is traded in USD. To make them comparable, the DLR values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, LLC.AX achieves a -50.21% return, which is significantly lower than DLR's 11.78% return. Over the past 10 years, LLC.AX has underperformed DLR with an annualized return of -12.99%, while DLR has yielded a comparatively higher 10.52% annualized return.

LLC.AX

• 1D: -5.20%
• 1M: -22.02%
• YTD: -50.21%
• 6M: -49.92%
• 1Y: -53.59%
• 3Y*: -28.81%
• 5Y*: -25.56%
• 10Y*: -12.99%

DLR

• 1D: -1.55%
• 1M: -7.06%
• YTD: 11.78%
• 6M: 7.99%
• 1Y: -1.42%
• 3Y*: 21.22%
• 5Y*: 8.79%
• 10Y*: 10.52%

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

LLC.AX vs. DLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LLC.AX Lendlease Group	-50.21%	-13.16%	-14.40%	-2.80%	-25.51%	-16.62%	-24.11%	55.54%	-26.22%	16.62%
DLR Digital Realty Trust, Inc.	11.78%	-16.60%	49.57%	40.05%	-37.10%	38.32%	9.80%	17.06%	7.40%	10.67%

Correlation

The correlation between LLC.AX and DLR is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007	0.01

Return for Risk

LLC.AX vs. DLR — Risk / Return Rank

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

LLC.AX

LLC.AX Risk / Return Rank: 1
LLC.AX Sharpe Ratio Rank: 0
LLC.AX Sortino Ratio Rank: 0
LLC.AX Omega Ratio Rank: 1
LLC.AX Calmar Ratio Rank: 3
LLC.AX Martin Ratio Rank: 0

DLR

DLR Risk / Return Rank: 50
DLR Sharpe Ratio Rank: 54
DLR Sortino Ratio Rank: 47
DLR Omega Ratio Rank: 45
DLR Calmar Ratio Rank: 52
DLR Martin Ratio Rank: 54

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.

LLC.AX vs. DLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lendlease Group (LLC.AX) and Digital Realty Trust, Inc. (DLR). 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.

	LLC.AX	DLR	Difference
Sharpe ratio Return per unit of total volatility	-1.89	-0.07	-1.83
Sortino ratio Return per unit of downside risk	-3.12	0.05	-3.17
Omega ratio Gain probability vs. loss probability	0.64	1.01	-0.37
Calmar ratio Return relative to maximum drawdown	-0.97	-0.08	-0.89
Martin ratio Return relative to average drawdown	-2.25	-0.18	-2.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LLC.AX vs. DLR - Sharpe Ratio Comparison

The current LLC.AX Sharpe Ratio is -1.89, which is lower than the DLR Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of LLC.AX and DLR, 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

	LLC.AX	DLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.89	-0.07	-1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.91	0.33	-1.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.43	0.38	-0.81
Sharpe Ratio (All Time) Calculated using the full available price history	0.08	0.44	-0.36

Drawdowns

LLC.AX vs. DLR - Drawdown Comparison

The maximum LLC.AX drawdown since its inception was -85.55%, which is greater than DLR's maximum drawdown of -51.15%. Use the drawdown chart below to compare losses from any high point for LLC.AX and DLR.

Drawdown Indicators

	LLC.AX	DLR	Difference
Max Drawdown Largest peak-to-trough decline	-85.55%	-51.15%	-34.40%
Max Drawdown (1Y) Largest decline over 1 year	-55.05%	-18.08%	-36.97%
Max Drawdown (3Y) Largest decline over 3 years	-67.52%	-24.95%	-42.57%
Max Drawdown (5Y) Largest decline over 5 years	-77.30%	-42.88%	-34.42%
Max Drawdown (10Y) Largest decline over 10 years	-85.55%	-42.88%	-42.67%
Current Drawdown Current decline from peak	-85.55%	-10.84%	-74.71%
Average Drawdown Average peak-to-trough decline	-28.01%	-12.72%	-15.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.79%	8.08%	+15.71%

Volatility

LLC.AX vs. DLR - Volatility Comparison

Lendlease Group (LLC.AX) has a higher volatility of 12.01% compared to Digital Realty Trust, Inc. (DLR) at 5.64%. This indicates that LLC.AX's price experiences larger fluctuations and is considered to be riskier than DLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLC.AX	DLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.01%	5.64%	+6.37%
Volatility (6M) Calculated over the trailing 6-month period	21.93%	14.80%	+7.13%
Volatility (1Y) Calculated over the trailing 1-year period	28.17%	21.15%	+7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.95%	27.05%	+0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.40%	27.56%	+2.84%

Dividends

LLC.AX vs. DLR - Dividend Comparison

LLC.AX's dividend yield for the trailing twelve months is around 9.08%, more than DLR's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLR Digital Realty Trust, Inc.	2.66%	3.15%	2.75%	3.63%	4.87%	2.62%	3.21%	3.61%	3.79%	3.27%	3.58%	4.50%
LLC.AX Lendlease Group	9.08%	4.42%	2.57%	2.14%	2.04%	2.53%	2.54%	2.39%	5.93%	4.04%	4.10%	3.79%

Financials

Frequently Asked Questions

Can I hold both LLC.AX and DLR in my portfolio?

LLC.AX and DLR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.