LXP vs. FR
LXP (Lexington Realty Trust) and FR (First Industrial Realty Trust, Inc.) are both stocks. Both are in the Real Estate sector — LXP in REIT - Diversified, FR in REIT - Industrial. Over the past 10 years, LXP returned 6.30%/yr vs 12.22%/yr for FR. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
LXP vs. FR - Performance Comparison
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Returns By Period
In the year-to-date period, LXP achieves a 4.36% return, which is significantly lower than FR's 6.39% return. Over the past 10 years, LXP has underperformed FR with an annualized return of 6.30%, while FR has yielded a comparatively higher 12.22% annualized return.
LXP
- 1D
- -0.50%
- 1M
- -0.99%
- YTD
- 4.36%
- 6M
- 8.79%
- 1Y
- 25.60%
- 3Y*
- 4.65%
- 5Y*
- 0.92%
- 10Y*
- 6.30%
FR
- 1D
- 0.58%
- 1M
- -1.08%
- YTD
- 6.39%
- 6M
- 9.78%
- 1Y
- 26.63%
- 3Y*
- 7.34%
- 5Y*
- 5.89%
- 10Y*
- 12.22%
LXP vs. FR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LXP Lexington Realty Trust | 4.36% | 29.76% | -13.18% | 4.33% | -32.96% | 52.23% | 4.19% | 34.94% | -7.15% | -4.13% |
FR First Industrial Realty Trust, Inc. | 6.39% | 18.17% | -2.01% | 11.91% | -25.37% | 60.33% | 4.24% | 47.37% | -5.61% | 15.50% |
Correlation
The correlation between LXP and FR is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 1994 | 0.54 |
The correlation between LXP and FR shifts across timeframes, from 0.54 (all time) to 0.74 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
LXP:
$1.58
FR:
$3.57
LXP:
31.81
FR:
16.90
LXP:
8.44
FR:
8.06
LXP:
$347.31M
FR:
$744.49M
LXP:
-$59.41M
FR:
$450.27M
LXP:
$196.04M
FR:
$506.99M
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Return for Risk
LXP vs. FR — Risk / Return Rank
LXP
FR
LXP vs. FR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lexington Realty Trust (LXP) and First Industrial Realty Trust, Inc. (FR). 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.
| LXP | FR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.61 | -0.28 |
| Martin ratioReturn relative to average drawdown | 6.03 | 8.30 | -2.27 |
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
| LXP | FR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.36 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.26 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.50 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.20 | 0.00 |
Drawdowns
LXP vs. FR - Drawdown Comparison
The maximum LXP drawdown since its inception was -87.77%, smaller than the maximum FR drawdown of -95.42%. Use the drawdown chart below to compare losses from any high point for LXP and FR.
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Drawdown Indicators
| LXP | FR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.77% | -95.42% | +7.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -10.24% | -0.77% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -25.42% | -2.37% |
Max Drawdown (5Y)Largest decline over 5 years | -47.17% | -35.95% | -11.22% |
Max Drawdown (10Y)Largest decline over 10 years | -47.17% | -41.12% | -6.05% |
Current DrawdownCurrent decline from peak | -20.27% | -6.21% | -14.06% |
Average DrawdownAverage peak-to-trough decline | -17.47% | -25.36% | +7.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 3.22% | +1.03% |
Volatility
LXP vs. FR - Volatility Comparison
Lexington Realty Trust (LXP) and First Industrial Realty Trust, Inc. (FR) have volatilities of 5.34% and 5.52%, 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.
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Volatility by Period
| LXP | FR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 5.52% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 16.07% | 13.69% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.05% | 19.61% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.30% | 22.81% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 24.35% | +1.74% |
Dividends
LXP vs. FR - Dividend Comparison
LXP's dividend yield for the trailing twelve months is around 7.11%, more than FR's 3.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FR First Industrial Realty Trust, Inc. | 3.04% | 3.11% | 2.95% | 2.43% | 2.45% | 1.63% | 2.37% | 2.22% | 3.01% | 2.67% | 2.71% | 2.30% |
LXP Lexington Realty Trust | 7.11% | 5.50% | 6.47% | 5.09% | 4.84% | 2.83% | 3.98% | 3.88% | 8.65% | 7.28% | 6.39% | 8.50% |
Financials
LXP vs. FR - Financials Comparison
This section allows you to compare key financial metrics between Lexington Realty Trust and First Industrial Realty Trust, 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
LXP vs. FR - Profitability Comparison
LXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lexington Realty Trust reported a gross profit of 69.21M and revenue of 85.95M. Therefore, the gross margin over that period was 80.5%.
FR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported a gross profit of 141.21M and revenue of 194.83M. Therefore, the gross margin over that period was 72.5%.
LXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lexington Realty Trust reported an operating income of 1.54M and revenue of 85.95M, resulting in an operating margin of 1.8%.
FR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported an operating income of 118.24M and revenue of 194.83M, resulting in an operating margin of 60.7%.
LXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lexington Realty Trust reported a net income of -1.94M and revenue of 85.95M, resulting in a net margin of -2.3%.
FR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Industrial Realty Trust, Inc. reported a net income of 155.84M and revenue of 194.83M, resulting in a net margin of 80.0%.
Frequently Asked Questions
LXP and FR have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FR has higher volatility (5.52%) compared to LXP (5.34%). In terms of maximum drawdown, LXP dropped -87.77% vs FR's -95.42%.
FR currently has the higher Sharpe Ratio (1.36 vs 1.12), 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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