PAC vs. GRT-UN.TO
PAC (Grupo Aeroportuario del Pacífico, S.A.B. de C.V.) and GRT-UN.TO (Granite Real Estate Investment Trust) are both stocks. PAC operates in Airports & Air Services (Industrials), while GRT-UN.TO operates in REIT - Industrial (Real Estate). Over the past 10 years, PAC returned 13.59%/yr vs 13.43%/yr for GRT-UN.TO. At a 0.15 correlation, their price movements are largely independent.
Performance
PAC vs. GRT-UN.TO - Performance Comparison
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Different Trading Currencies
PAC is traded in USD, while GRT-UN.TO is traded in CAD. To make them comparable, the GRT-UN.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PAC achieves a -14.21% return, which is significantly lower than GRT-UN.TO's 17.48% return. Both investments have delivered pretty close results over the past 10 years, with PAC having a 13.59% annualized return and GRT-UN.TO not far behind at 13.43%.
PAC
- 1D
- 0.75%
- 1M
- -7.99%
- YTD
- -14.21%
- 6M
- -5.86%
- 1Y
- -3.21%
- 3Y*
- 12.82%
- 5Y*
- 19.59%
- 10Y*
- 13.59%
GRT-UN.TO
- 1D
- 0.13%
- 1M
- 1.06%
- YTD
- 17.48%
- 6M
- 27.32%
- 1Y
- 38.45%
- 3Y*
- 8.36%
- 5Y*
- 4.55%
- 10Y*
- 13.43%
PAC vs. GRT-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | -14.21% | 56.30% | 4.19% | 28.64% | 9.79% | 29.95% | -6.17% | 54.36% | -15.66% | 32.15% |
GRT-UN.TO Granite Real Estate Investment Trust | 17.48% | 28.67% | -11.77% | 17.98% | -35.94% | 40.23% | 25.54% | 35.22% | 5.57% | 24.29% |
Correlation
The correlation between PAC and GRT-UN.TO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.15 |
Fundamentals
PAC:
$11.43B
GRT-UN.TO:
CA$5.83B
PAC:
$214.01
GRT-UN.TO:
CA$6.39
PAC:
1.06
GRT-UN.TO:
15.07
PAC:
0.06
GRT-UN.TO:
0.93
PAC:
0.35
GRT-UN.TO:
9.32
PAC:
0.44
GRT-UN.TO:
1.04
PAC:
$32.84B
GRT-UN.TO:
CA$629.87M
PAC:
$10.93B
GRT-UN.TO:
CA$517.51M
PAC:
$20.54B
GRT-UN.TO:
CA$513.85M
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Return for Risk
PAC vs. GRT-UN.TO — Risk / Return Rank
PAC
GRT-UN.TO
PAC vs. GRT-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) and Granite Real Estate Investment Trust (GRT-UN.TO). 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.
| PAC | GRT-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.07 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.34 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 2.91 | -3.04 |
| Martin ratioReturn relative to average drawdown | -0.27 | 9.25 | -9.51 |
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
| PAC | GRT-UN.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 1.96 | -2.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.20 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.57 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.28 | +0.18 |
Drawdowns
PAC vs. GRT-UN.TO - Drawdown Comparison
The maximum PAC drawdown since its inception was -73.20%, smaller than the maximum GRT-UN.TO drawdown of -89.30%. Use the drawdown chart below to compare losses from any high point for PAC and GRT-UN.TO.
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Drawdown Indicators
| PAC | GRT-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.20% | -89.30% | +16.10% |
Max Drawdown (1Y)Largest decline over 1 year | -25.31% | -13.29% | -12.02% |
Max Drawdown (3Y)Largest decline over 3 years | -42.83% | -31.60% | -11.23% |
Max Drawdown (5Y)Largest decline over 5 years | -42.83% | -43.95% | +1.12% |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | -49.61% | -17.04% |
Current DrawdownCurrent decline from peak | -24.71% | -1.40% | -23.31% |
Average DrawdownAverage peak-to-trough decline | -16.52% | -18.54% | +2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.08% | 4.17% | +7.91% |
Volatility
PAC vs. GRT-UN.TO - Volatility Comparison
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a higher volatility of 8.81% compared to Granite Real Estate Investment Trust (GRT-UN.TO) at 5.88%. This indicates that PAC's price experiences larger fluctuations and is considered to be riskier than GRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAC | GRT-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.81% | 5.88% | +2.93% |
Volatility (6M)Calculated over the trailing 6-month period | 25.88% | 15.54% | +10.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.62% | 19.70% | +10.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.08% | 23.11% | +12.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.49% | 23.53% | +14.96% |
Dividends
PAC vs. GRT-UN.TO - Dividend Comparison
PAC's dividend yield for the trailing twelve months is around 1.97%, less than GRT-UN.TO's 3.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRT-UN.TO Granite Real Estate Investment Trust | 3.61% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 1.97% | 3.33% | 4.14% | 4.88% | 5.02% | 4.17% | 0.00% | 4.99% | 6.27% | 5.83% | 4.50% | 3.98% |
Financials
PAC vs. GRT-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Grupo Aeroportuario del Pacífico, S.A.B. de C.V. and Granite Real Estate Investment Trust. 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
PAC vs. GRT-UN.TO - Profitability Comparison
PAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a gross profit of 6.29B and revenue of 11.37B. Therefore, the gross margin over that period was 55.3%.
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
PAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported an operating income of 5.04B and revenue of 11.37B, resulting in an operating margin of 44.4%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
PAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. reported a net income of 3.31B and revenue of 11.37B, resulting in a net margin of 29.1%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
Frequently Asked Questions
PAC and GRT-UN.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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