NNN vs. MAA
Compare and contrast key facts about National Retail Properties, Inc. (NNN) and Mid-America Apartment Communities, Inc. (MAA).
Performance
NNN vs. MAA - Performance Comparison
Loading graphics...
NNN vs. MAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NNN National Retail Properties, Inc. | 7.60% | 2.81% | -0.06% | -0.60% | -0.01% | 23.08% | -19.29% | 14.78% | 17.82% | 2.00% |
MAA Mid-America Apartment Communities, Inc. | -11.09% | -6.36% | 19.94% | -10.44% | -29.75% | 85.87% | -0.64% | 42.52% | -1.06% | 6.28% |
Fundamentals
NNN:
$7.95B
MAA:
$14.30B
NNN:
$2.07
MAA:
$3.81
NNN:
20.30
MAA:
32.01
NNN:
8.54
MAA:
6.48
NNN:
1.80
MAA:
2.53
NNN:
$926.21M
MAA:
$2.21B
NNN:
$888.83M
MAA:
$703.07M
NNN:
$856.49M
MAA:
$1.32B
Returns By Period
In the year-to-date period, NNN achieves a 7.60% return, which is significantly higher than MAA's -11.09% return. Over the past 10 years, NNN has underperformed MAA with an annualized return of 4.00%, while MAA has yielded a comparatively higher 5.47% annualized return.
NNN
- 1D
- 0.33%
- 1M
- -7.26%
- YTD
- 7.60%
- 6M
- 1.66%
- 1Y
- 4.40%
- 3Y*
- 4.03%
- 5Y*
- 3.86%
- 10Y*
- 4.00%
MAA
- 1D
- 0.33%
- 1M
- -8.77%
- YTD
- -11.09%
- 6M
- -10.60%
- 1Y
- -23.97%
- 3Y*
- -2.92%
- 5Y*
- 0.02%
- 10Y*
- 5.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NNN vs. MAA — Risk / Return Rank
NNN
MAA
NNN vs. MAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Retail Properties, Inc. (NNN) and Mid-America Apartment Communities, Inc. (MAA). 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.
| NNN | MAA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.25 | -1.17 | +1.42 |
Sortino ratioReturn per unit of downside risk | 0.46 | -1.62 | +2.08 |
Omega ratioGain probability vs. loss probability | 1.06 | 0.81 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 0.49 | -0.90 | +1.39 |
Martin ratioReturn relative to average drawdown | 1.48 | -1.50 | +2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NNN | MAA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.25 | -1.17 | +1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.00 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.23 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.43 | -0.03 |
Correlation
The correlation between NNN and MAA is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NNN vs. MAA - Dividend Comparison
NNN's dividend yield for the trailing twelve months is around 5.66%, more than MAA's 4.97% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NNN National Retail Properties, Inc. | 5.66% | 5.96% | 5.61% | 5.17% | 4.72% | 4.37% | 5.06% | 3.79% | 4.02% | 4.31% | 4.03% | 4.27% |
MAA Mid-America Apartment Communities, Inc. | 4.97% | 4.36% | 3.80% | 4.96% | 2.98% | 1.79% | 3.16% | 2.91% | 3.86% | 3.46% | 3.35% | 3.39% |
Drawdowns
NNN vs. MAA - Drawdown Comparison
The maximum NNN drawdown since its inception was -56.17%, smaller than the maximum MAA drawdown of -60.29%. Use the drawdown chart below to compare losses from any high point for NNN and MAA.
Loading graphics...
Drawdown Indicators
| NNN | MAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.17% | -60.29% | +4.12% |
Max Drawdown (1Y)Largest decline over 1 year | -11.62% | -25.74% | +14.12% |
Max Drawdown (5Y)Largest decline over 5 years | -25.22% | -45.01% | +19.79% |
Max Drawdown (10Y)Largest decline over 10 years | -54.99% | -45.01% | -9.98% |
Current DrawdownCurrent decline from peak | -8.29% | -37.17% | +28.88% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -10.27% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 15.52% | -11.62% |
Volatility
NNN vs. MAA - Volatility Comparison
National Retail Properties, Inc. (NNN) and Mid-America Apartment Communities, Inc. (MAA) have volatilities of 4.56% and 4.44%, 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.
Loading graphics...
Volatility by Period
| NNN | MAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 4.44% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | 12.67% | -1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 20.55% | -2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.87% | 22.02% | -2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.12% | 24.11% | +4.01% |
Financials
NNN vs. MAA - Financials Comparison
This section allows you to compare key financial metrics between National Retail Properties, Inc. and Mid-America Apartment Communities, 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
NNN vs. MAA - Profitability Comparison
NNN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, National Retail Properties, Inc. reported a gross profit of 228.36M and revenue of 238.40M. Therefore, the gross margin over that period was 95.8%.
MAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Mid-America Apartment Communities, Inc. reported a gross profit of 200.36M and revenue of 555.56M. Therefore, the gross margin over that period was 36.1%.
NNN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, National Retail Properties, Inc. reported an operating income of 148.56M and revenue of 238.40M, resulting in an operating margin of 62.3%.
MAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Mid-America Apartment Communities, Inc. reported an operating income of 157.69M and revenue of 555.56M, resulting in an operating margin of 28.4%.
NNN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, National Retail Properties, Inc. reported a net income of 95.95M and revenue of 238.40M, resulting in a net margin of 40.3%.
MAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Mid-America Apartment Communities, Inc. reported a net income of 57.57M and revenue of 555.56M, resulting in a net margin of 10.4%.