NNN vs. WPC
NNN (NNN REIT, Inc.) and WPC (W. P. Carey Inc.) are both stocks. Both are in the Real Estate sector — NNN in REIT - Retail, WPC in REIT - Diversified. Over the past 10 years, NNN returned 3.86%/yr vs 6.82%/yr for WPC. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
NNN vs. WPC - Performance Comparison
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Returns By Period
In the year-to-date period, NNN achieves a 24.96% return, which is significantly higher than WPC's 18.21% return. Over the past 10 years, NNN has underperformed WPC with an annualized return of 3.86%, while WPC has yielded a comparatively higher 6.82% annualized return.
NNN
- 1D
- -1.45%
- 1M
- 3.46%
- 6M
- 18.42%
- YTD
- 24.96%
- 1Y
- 21.11%
- 3Y*
- 9.63%
- 5Y*
- 4.89%
- 10Y*
- 3.86%
- ALL TIME*
- 13.07%
WPC
- 1D
- -0.84%
- 1M
- 3.61%
- 6M
- 9.99%
- YTD
- 18.21%
- 1Y
- 22.84%
- 3Y*
- 10.97%
- 5Y*
- 5.01%
- 10Y*
- 6.82%
- ALL TIME*
- 11.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $63.73M | $70.01M | $80.91M | |
| $108.98M | $110.31M | $112.18M |
NNN vs. WPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NNN NNN REIT, Inc. | 24.96% | 2.81% | -0.06% | -0.60% | -0.01% | 23.08% | -19.29% | 14.78% | 17.82% | 2.00% |
WPC W. P. Carey Inc. | 18.21% | 24.99% | -10.59% | -7.93% | 0.47% | 22.88% | -5.99% | 28.84% | 1.08% | 25.68% |
Correlation
The correlation between NNN and WPC is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.71 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 1998 | 0.45 |
Over the past year, NNN and WPC have become more correlated (0.75) than their long-term average of 0.45, meaning their price movements have been converging.
Fundamentals
NNN:
$9.16B
WPC:
$16.50B
NNN:
$2.05
WPC:
$2.92
NNN:
23.50
WPC:
25.35
NNN:
2.66
WPC:
13.55
NNN:
9.72
WPC:
10.61
NNN:
2.08
WPC:
1.94
NNN:
$935.78M
WPC:
$1.56B
NNN:
$761.54M
WPC:
$971.12M
NNN:
$870.06M
WPC:
$1.36B
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Return for Risk
NNN vs. WPC — Risk / Return Rank
NNN
WPC
NNN vs. WPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NNN REIT, Inc. (NNN) and W. P. Carey Inc. (WPC). 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.
| NNN | WPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.36 | +0.10 |
| Martin ratioReturn relative to average drawdown | 5.89 | 6.54 | -0.66 |
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Drawdowns
NNN vs. WPC - Drawdown Comparison
The maximum NNN drawdown since its inception was -56.17%, which is greater than WPC's maximum drawdown of -52.45%. Use the drawdown chart below to compare losses from any high point for NNN and WPC.
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Drawdown Indicators
| NNN | WPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.17% | -52.45% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.60% | -9.71% | +1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.03% | -20.83% | -1.20% |
Max Drawdown (5Y)Largest decline over 5 years | -25.22% | -36.81% | +11.59% |
Max Drawdown (10Y)Largest decline over 10 years | -54.99% | -52.45% | -2.54% |
Current DrawdownCurrent decline from peak | -2.92% | -3.40% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -9.78% | -10.23% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 3.50% | +0.10% |
Volatility
NNN vs. WPC - Volatility Comparison
NNN REIT, Inc. (NNN) and W. P. Carey Inc. (WPC) have volatilities of 5.79% and 5.92%, 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
| NNN | WPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.79% | 5.92% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.61% | 13.39% | -0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 17.18% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.70% | 20.86% | -1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.12% | 25.89% | +2.23% |
Dividends
NNN vs. WPC - Dividend Comparison
NNN's dividend yield for the trailing twelve months is around 4.99%, which matches WPC's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NNN NNN REIT, Inc. | 4.99% | 5.96% | 5.61% | 5.17% | 4.72% | 4.37% | 5.06% | 3.79% | 4.02% | 4.31% | 4.03% | 4.27% |
WPC W. P. Carey Inc. | 4.99% | 5.62% | 6.41% | 7.93% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 7.26% | 6.65% | 6.48% |
Financials
NNN vs. WPC - Financials Comparison
This section allows you to compare key financial metrics between NNN REIT, Inc. and W. P. Carey 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
Frequently Asked Questions
NNN and WPC have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPC has higher volatility (5.92%) compared to NNN (5.79%). In terms of maximum drawdown, NNN dropped -56.17% vs WPC's -52.45%.
WPC currently has the higher Sharpe Ratio (1.34 vs 1.24), 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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