MPT vs. ARE
MPT (Medical Properties Trust, Inc) and ARE (Alexandria Real Estate Equities, Inc.) are both stocks. Both are in the Real Estate sector — MPT in REIT - Healthcare Facilities, ARE in REIT - Office. Over the past 10 years, MPT returned -4.67%/yr vs -3.09%/yr for ARE. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
MPT vs. ARE - Performance Comparison
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Returns By Period
In the year-to-date period, MPT achieves a -6.97% return, which is significantly lower than ARE's 5.30% return. Over the past 10 years, MPT has underperformed ARE with an annualized return of -4.67%, while ARE has yielded a comparatively higher -3.09% annualized return.
MPT
- 1D
- -1.10%
- 1M
- -10.10%
- YTD
- -6.97%
- 6M
- -8.25%
- 1Y
- 8.39%
- 3Y*
- -12.79%
- 5Y*
- -19.55%
- 10Y*
- -4.67%
ARE
- 1D
- -0.59%
- 1M
- 4.88%
- YTD
- 5.30%
- 6M
- 7.55%
- 1Y
- -24.20%
- 3Y*
- -18.34%
- 5Y*
- -19.31%
- 10Y*
- -3.09%
MPT vs. ARE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPT Medical Properties Trust, Inc | -6.97% | 35.16% | -11.55% | -50.35% | -49.03% | 14.30% | 8.94% | 38.54% | 24.97% | 20.53% |
ARE Alexandria Real Estate Equities, Inc. | 5.30% | -46.60% | -19.44% | -9.11% | -32.62% | 28.09% | 13.27% | 44.04% | -8.97% | 20.95% |
Correlation
The correlation between MPT and ARE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2005 | 0.59 |
Over the past year, the correlation between MPT and ARE has dropped to 0.36 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
Fundamentals
MPT:
-$0.32
ARE:
-$8.32
MPT:
2.69
ARE:
2.23
MPT:
$1.00B
ARE:
$2.90B
MPT:
$718.84M
ARE:
$1.98B
MPT:
$1.01B
ARE:
$646.49M
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Return for Risk
MPT vs. ARE — Risk / Return Rank
MPT
ARE
MPT vs. ARE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medical Properties Trust, Inc (MPT) and Alexandria Real Estate Equities, Inc. (ARE). 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.
| MPT | ARE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.93 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | -0.47 | +0.83 |
| Martin ratioReturn relative to average drawdown | 0.78 | -0.74 | +1.52 |
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Drawdowns
MPT vs. ARE - Drawdown Comparison
The maximum MPT drawdown since its inception was -84.50%, which is greater than ARE's maximum drawdown of -77.92%. Use the drawdown chart below to compare losses from any high point for MPT and ARE.
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Drawdown Indicators
| MPT | ARE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.50% | -77.92% | -6.58% |
Max Drawdown (1Y)Largest decline over 1 year | -23.35% | -51.61% | +28.26% |
Max Drawdown (3Y)Largest decline over 3 years | -69.52% | -65.64% | -3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -84.50% | -77.92% | -6.58% |
Max Drawdown (10Y)Largest decline over 10 years | -84.50% | -77.92% | -6.58% |
Current DrawdownCurrent decline from peak | -72.43% | -72.28% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -24.34% | -17.79% | -6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.74% | 32.97% | -22.23% |
Volatility
MPT vs. ARE - Volatility Comparison
The current volatility for Medical Properties Trust, Inc (MPT) is 6.05%, while Alexandria Real Estate Equities, Inc. (ARE) has a volatility of 14.09%. This indicates that MPT experiences smaller price fluctuations and is considered to be less risky than ARE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MPT | ARE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 14.09% | -8.04% |
Volatility (6M)Calculated over the trailing 6-month period | 24.15% | 31.60% | -7.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.47% | 44.55% | -8.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.69% | 33.12% | +16.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.51% | 29.31% | +12.20% |
Dividends
MPT vs. ARE - Dividend Comparison
MPT's dividend yield for the trailing twelve months is around 7.81%, less than ARE's 8.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARE Alexandria Real Estate Equities, Inc. | 8.04% | 9.56% | 5.32% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% |
MPT Medical Properties Trust, Inc | 7.81% | 6.60% | 11.65% | 17.92% | 10.41% | 4.74% | 4.96% | 4.83% | 6.22% | 6.97% | 7.40% | 7.65% |
Financials
MPT vs. ARE - Financials Comparison
This section allows you to compare key financial metrics between Medical Properties Trust, Inc and Alexandria Real Estate Equities, 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
MPT vs. ARE - Profitability Comparison
MPT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Medical Properties Trust, Inc reported a gross profit of 0.00 and revenue of 252.07M. Therefore, the gross margin over that period was 0.0%.
ARE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alexandria Real Estate Equities, Inc. reported a gross profit of 446.88M and revenue of 671.02M. Therefore, the gross margin over that period was 66.6%.
MPT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Medical Properties Trust, Inc reported an operating income of 285.00K and revenue of 252.07M, resulting in an operating margin of 0.1%.
ARE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alexandria Real Estate Equities, Inc. reported an operating income of 412.20M and revenue of 671.02M, resulting in an operating margin of 61.4%.
MPT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Medical Properties Trust, Inc reported a net income of -32.54M and revenue of 252.07M, resulting in a net margin of -12.9%.
ARE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alexandria Real Estate Equities, Inc. reported a net income of 358.87M and revenue of 671.02M, resulting in a net margin of 53.5%.
Frequently Asked Questions
MPT and ARE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARE has higher volatility (14.09%) compared to MPT (6.05%). In terms of maximum drawdown, MPT dropped -84.50% vs ARE's -77.92%.
MPT currently has the higher Sharpe Ratio (0.23 vs -0.55), 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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