LXP vs. GNL
LXP (Lexington Realty Trust) and GNL (Global Net Lease, Inc.) are both stocks. Both operate in the REIT - Diversified industry within the Real Estate sector. Over the past 10 years, LXP returned 7.07%/yr vs 1.70%/yr for GNL. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
LXP vs. GNL - Performance Comparison
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Returns By Period
In the year-to-date period, LXP achieves a 13.23% return, which is significantly higher than GNL's 9.43% return. Over the past 10 years, LXP has outperformed GNL with an annualized return of 7.07%, while GNL has yielded a comparatively lower 1.70% annualized return.
LXP
- 1D
- 1.08%
- 1M
- 3.05%
- YTD
- 13.23%
- 6M
- 11.98%
- 1Y
- 40.01%
- 3Y*
- 11.15%
- 5Y*
- 3.11%
- 10Y*
- 7.07%
GNL
- 1D
- -1.53%
- 1M
- -5.05%
- YTD
- 9.43%
- 6M
- 11.37%
- 1Y
- 34.96%
- 3Y*
- 10.15%
- 5Y*
- -2.25%
- 10Y*
- 1.70%
LXP vs. GNL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LXP Lexington Realty Trust | 13.23% | 29.76% | -13.18% | 4.33% | -32.96% | 52.23% | 4.19% | 34.94% | -7.15% | -4.13% |
GNL Global Net Lease, Inc. | 9.43% | 32.44% | -15.34% | -8.95% | -7.46% | -2.35% | -6.07% | 26.16% | -4.53% | -4.22% |
Correlation
The correlation between LXP and GNL is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2015 | 0.62 |
The correlation between LXP and GNL shifts across timeframes, from 0.43 (1 year) to 0.64 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
LXP:
$3.16B
GNL:
$1.93B
LXP:
$1.58
GNL:
-$0.19
LXP:
9.16
GNL:
4.19
LXP:
1.59
GNL:
1.24
LXP:
$347.31M
GNL:
$472.16M
LXP:
-$59.41M
GNL:
$333.10M
LXP:
$196.04M
GNL:
$330.41M
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Return for Risk
LXP vs. GNL — Risk / Return Rank
LXP
GNL
LXP vs. GNL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lexington Realty Trust (LXP) and Global Net Lease, Inc. (GNL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LXP | GNL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.28 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 3.71 | +0.04 |
| Martin ratioReturn relative to average drawdown | 10.11 | 8.76 | +1.35 |
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Drawdowns
LXP vs. GNL - Drawdown Comparison
The maximum LXP drawdown since its inception was -87.77%, which is greater than GNL's maximum drawdown of -58.38%. Use the drawdown chart below to compare losses from any high point for LXP and GNL.
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Drawdown Indicators
| LXP | GNL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.77% | -58.38% | -29.39% |
Max Drawdown (1Y)Largest decline over 1 year | -10.73% | -9.46% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -35.59% | +7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -47.17% | -49.87% | +2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -47.17% | -58.38% | +11.21% |
Current DrawdownCurrent decline from peak | -13.50% | -17.27% | +3.77% |
Average DrawdownAverage peak-to-trough decline | -17.46% | -19.86% | +2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 4.00% | -0.03% |
Volatility
LXP vs. GNL - Volatility Comparison
Lexington Realty Trust (LXP) has a higher volatility of 6.97% compared to Global Net Lease, Inc. (GNL) at 5.04%. This indicates that LXP's price experiences larger fluctuations and is considered to be riskier than GNL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LXP | GNL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.97% | 5.04% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 16.86% | 14.25% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.58% | 22.59% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.39% | 28.68% | -3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.14% | 33.26% | -7.12% |
Dividends
LXP vs. GNL - Dividend Comparison
LXP's dividend yield for the trailing twelve months is around 6.55%, less than GNL's 8.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNL Global Net Lease, Inc. | 8.42% | 9.83% | 16.15% | 15.62% | 12.73% | 10.47% | 10.11% | 8.75% | 12.09% | 9.77% | 9.07% | 4.64% |
LXP Lexington Realty Trust | 6.55% | 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. GNL - Financials Comparison
This section allows you to compare key financial metrics between Lexington Realty Trust and Global Net Lease, 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. GNL - 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%.
GNL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Global Net Lease, Inc. reported a gross profit of 96.36M and revenue of 109.29M. Therefore, the gross margin over that period was 88.2%.
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%.
GNL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Global Net Lease, Inc. reported an operating income of 30.94M and revenue of 109.29M, resulting in an operating margin of 28.3%.
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%.
GNL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Global Net Lease, Inc. reported a net income of -5.08M and revenue of 109.29M, resulting in a net margin of -4.7%.
Frequently Asked Questions
LXP and GNL have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LXP has higher volatility (6.97%) compared to GNL (5.04%). In terms of maximum drawdown, LXP dropped -87.77% vs GNL's -58.38%.
LXP currently has the higher Sharpe Ratio (1.73 vs 1.56), 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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