NRR.L vs. AIRE.L
NRR.L (NewRiver REIT plc) and AIRE.L (Alternative Income REIT plc) are both stocks. Both are in the Real Estate sector — NRR.L in REIT - Retail, AIRE.L in REIT - Diversified. Over the past 5 years, NRR.L returned 2.78%/yr vs 7.22%/yr for AIRE.L. At a 0.10 correlation, their price movements are largely independent.
Performance
NRR.L vs. AIRE.L - Performance Comparison
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Returns By Period
In the year-to-date period, NRR.L achieves a 9.55% return, which is significantly higher than AIRE.L's -4.12% return.
NRR.L
- 1D
- 0.93%
- 1M
- -0.39%
- YTD
- 9.55%
- 6M
- 7.48%
- 1Y
- 5.09%
- 3Y*
- 4.44%
- 5Y*
- 2.78%
- 10Y*
- -6.74%
AIRE.L
- 1D
- 1.04%
- 1M
- -6.04%
- YTD
- -4.12%
- 6M
- 0.38%
- 1Y
- -0.70%
- 3Y*
- 8.28%
- 5Y*
- 7.22%
- 10Y*
- —
NRR.L vs. AIRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NRR.L NewRiver REIT plc | 9.55% | 3.12% | -3.46% | 13.82% | -4.09% | 12.94% | -57.81% | 5.20% | -31.21% | 0.22% |
AIRE.L Alternative Income REIT plc | -4.12% | 13.51% | 7.73% | 17.62% | -0.92% | 29.58% | -11.21% | -11.75% | -8.62% | 2.37% |
Correlation
The correlation between NRR.L and AIRE.L is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2017 | 0.10 |
Fundamentals
NRR.L:
£0.08
AIRE.L:
£0.12
NRR.L:
9.27
AIRE.L:
5.69
NRR.L:
0.09
AIRE.L:
0.08
NRR.L:
2.33
AIRE.L:
3.32
NRR.L:
£151.60M
AIRE.L:
£16.47M
NRR.L:
£56.20M
AIRE.L:
£14.83M
NRR.L:
£60.00M
AIRE.L:
£951.00K
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Return for Risk
NRR.L vs. AIRE.L — Risk / Return Rank
NRR.L
AIRE.L
NRR.L vs. AIRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NewRiver REIT plc (NRR.L) and Alternative Income REIT plc (AIRE.L). 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.
| NRR.L | AIRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.03 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 0.04 | +0.31 |
| Martin ratioReturn relative to average drawdown | 0.77 | 0.09 | +0.69 |
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
| NRR.L | AIRE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.22 | 0.02 | +0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.37 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.15 | -0.20 |
Drawdowns
NRR.L vs. AIRE.L - Drawdown Comparison
The maximum NRR.L drawdown since its inception was -84.84%, which is greater than AIRE.L's maximum drawdown of -51.14%. Use the drawdown chart below to compare losses from any high point for NRR.L and AIRE.L.
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Drawdown Indicators
| NRR.L | AIRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.84% | -51.14% | -33.70% |
Max Drawdown (1Y)Largest decline over 1 year | -13.86% | -14.30% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.34% | -17.82% | -4.52% |
Max Drawdown (5Y)Largest decline over 5 years | -29.16% | -28.64% | -0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -84.84% | — | — |
Current DrawdownCurrent decline from peak | -61.24% | -12.88% | -48.36% |
Average DrawdownAverage peak-to-trough decline | -36.89% | -11.83% | -25.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 5.97% | +0.26% |
Volatility
NRR.L vs. AIRE.L - Volatility Comparison
The current volatility for NewRiver REIT plc (NRR.L) is 4.77%, while Alternative Income REIT plc (AIRE.L) has a volatility of 10.62%. This indicates that NRR.L experiences smaller price fluctuations and is considered to be less risky than AIRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NRR.L | AIRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 10.62% | -5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 15.52% | 20.73% | -5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.30% | 25.10% | -2.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.02% | 19.35% | +7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.79% | 19.64% | +17.15% |
Dividends
NRR.L vs. AIRE.L - Dividend Comparison
NRR.L's dividend yield for the trailing twelve months is around 8.72%, more than AIRE.L's 8.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIRE.L Alternative Income REIT plc | 8.46% | 8.22% | 8.53% | 8.52% | 8.36% | 7.19% | 8.12% | 7.51% | 4.64% | 0.49% | 0.00% | 0.00% |
NRR.L NewRiver REIT plc | 8.72% | 9.55% | 8.46% | 8.02% | 8.72% | 8.06% | 0.00% | 10.77% | 10.14% | 7.12% | 7.30% | 6.51% |
Financials
NRR.L vs. AIRE.L - Financials Comparison
This section allows you to compare key financial metrics between NewRiver REIT plc and Alternative Income REIT plc. 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
NRR.L and AIRE.L have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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