NTST vs. ALEX

Last updated Jun 4, 2026

NTST (NETSTREIT Corp.) and ALEX (Alexander & Baldwin, Inc.) are both stocks. Both are in the Real Estate sector — NTST in REIT - Retail, ALEX in REIT - Diversified. At a 0.46 correlation, their price movements are largely independent.

Performance

NTST vs. ALEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NETSTREIT Corp. (NTST) and Alexander & Baldwin, Inc. (ALEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NTST

• 1D: -1.65%
• 1M: -1.51%
• YTD: 13.74%
• 6M: 14.00%
• 1Y: 27.44%
• 3Y*: 8.53%
• 5Y*: 1.10%
• 10Y*: —

ALEX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NTST vs. ALEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
NTST NETSTREIT Corp.	13.74%	31.17%	-16.70%	2.13%	-16.77%	21.92%	11.58%
ALEX Alexander & Baldwin, Inc.	0.97%	22.82%	-1.85%	6.63%	-22.07%	50.84%	35.11%

Correlation

The correlation between NTST and ALEX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (All Time) Calculated using the full available price history since Aug 14, 2020	0.46

The correlation between NTST and ALEX shifts across timeframes, from 0.30 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NTST : $1.95B ALEX : $1.52B
EPS NTST : $0.12 ALEX : $0.89
PE Ratio NTST : 159.32 ALEX : 23.48
PEG Ratio NTST : 4.36 ALEX : 0.15
PS Ratio NTST : 8.86 ALEX : 7.35
PB Ratio NTST : 1.29 ALEX : 1.54
Total Revenue (TTM) NTST : $195.86M ALEX : $206.67M
Gross Profit (TTM) NTST : $125.14M ALEX : $96.11M
EBITDA (TTM) NTST : $123.31M ALEX : $116.77M

Return for Risk

NTST vs. ALEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NTST

NTST Risk / Return Rank: 77
NTST Sharpe Ratio Rank: 81
NTST Sortino Ratio Rank: 76
NTST Omega Ratio Rank: 74
NTST Calmar Ratio Rank: 78
NTST Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NTST vs. ALEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NETSTREIT Corp. (NTST) and Alexander & Baldwin, Inc. (ALEX). 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.

	NTST	ALEX	Difference
Sharpe ratio Return per unit of total volatility	1.48	—	—
Sortino ratio Return per unit of downside risk	2.09	—	—
Omega ratio Gain probability vs. loss probability	1.26	—	—
Calmar ratio Return relative to maximum drawdown	2.45	—	—
Martin ratio Return relative to average drawdown	5.67	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NTST	ALEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	—	—

Drawdowns

Drawdown Indicators

	NTST	ALEX	Difference
Max Drawdown Largest peak-to-trough decline	-43.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.24%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.75%	—	—
Current Drawdown Current decline from peak	-7.69%	—	—
Average Drawdown Average peak-to-trough decline	-19.71%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.85%	—	—

Volatility

Volatility by Period

	NTST	ALEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.66%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.87%	—	—

Dividends

NTST vs. ALEX - Dividend Comparison

NTST's dividend yield for the trailing twelve months is around 4.43%, more than ALEX's 3.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALEX Alexander & Baldwin, Inc.	3.84%	4.97%	5.03%	4.64%	4.43%	2.67%	1.98%	3.29%	0.00%	115.54%	0.56%	0.59%
NTST NETSTREIT Corp.	4.43%	4.82%	5.87%	4.54%	4.36%	3.49%	1.54%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

NTST vs. ALEX - Profitability Comparison

The chart below illustrates the profitability comparison between NETSTREIT Corp. and Alexander & Baldwin, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NTST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NETSTREIT Corp. reported a gross profit of 0.00 and revenue of 57.06M. Therefore, the gross margin over that period was 0.0%.

ALEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported a gross profit of 23.15M and revenue of 50.99M. Therefore, the gross margin over that period was 45.4%.

NTST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NETSTREIT Corp. reported an operating income of 0.00 and revenue of 57.06M, resulting in an operating margin of 0.0%.

ALEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported an operating income of 15.11M and revenue of 50.99M, resulting in an operating margin of 29.6%.

NTST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NETSTREIT Corp. reported a net income of 5.69M and revenue of 57.06M, resulting in a net margin of 10.0%.

ALEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alexander & Baldwin, Inc. reported a net income of 3.78M and revenue of 50.99M, resulting in a net margin of 7.4%.

Frequently Asked Questions

Can I hold both NTST and ALEX in my portfolio?

NTST and ALEX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.