PINE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Alpine Income Property Trust, Inc. (PINE) and S&P 500 Index (^GSPC).

Performance

PINE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpine Income Property Trust, Inc. (PINE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

PINE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PINE Alpine Income Property Trust, Inc.	10.22%	6.97%	6.13%	-5.46%	0.95%	41.19%	-15.69%	0.47%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	3.87%

Returns By Period

In the year-to-date period, PINE achieves a 10.22% return, which is significantly higher than ^GSPC's -3.95% return.

PINE

• 1D: 0.78%
• 1M: -5.93%
• YTD: 10.22%
• 6M: 31.74%
• 1Y: 13.52%
• 3Y*: 9.71%
• 5Y*: 6.91%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

PINE vs. ^GSPC — Risk / Return Rank

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

PINE

PINE Risk / Return Rank: 57
PINE Sharpe Ratio Rank: 62
PINE Sortino Ratio Rank: 54
PINE Omega Ratio Rank: 52
PINE Calmar Ratio Rank: 59
PINE Martin Ratio Rank: 57

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC 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.

PINE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpine Income Property Trust, Inc. (PINE) and S&P 500 Index (^GSPC). 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.

	PINE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.61	0.92	-0.31
Sortino ratio Return per unit of downside risk	1.00	1.41	-0.42
Omega ratio Gain probability vs. loss probability	1.12	1.21	-0.09
Calmar ratio Return relative to maximum drawdown	0.81	1.41	-0.61
Martin ratio Return relative to average drawdown	1.63	6.61	-4.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PINE vs. ^GSPC - Sharpe Ratio Comparison

The current PINE Sharpe Ratio is 0.61, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of PINE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PINE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	0.92	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.61	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.46	-0.31

Correlation

The correlation between PINE and ^GSPC is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

PINE vs. ^GSPC - Drawdown Comparison

The maximum PINE drawdown since its inception was -60.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PINE and ^GSPC.

Drawdown Indicators

	PINE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-60.00%	-56.78%	-3.22%
Max Drawdown (1Y) Largest decline over 1 year	-18.23%	-12.14%	-6.09%
Max Drawdown (5Y) Largest decline over 5 years	-26.68%	-25.43%	-1.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-10.23%	-5.78%	-4.45%
Average Drawdown Average peak-to-trough decline	-12.43%	-10.75%	-1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.01%	2.60%	+7.41%

Volatility

PINE vs. ^GSPC - Volatility Comparison

Alpine Income Property Trust, Inc. (PINE) has a higher volatility of 6.18% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that PINE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PINE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	5.37%	+0.81%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	9.55%	+6.71%
Volatility (1Y) Calculated over the trailing 1-year period	22.53%	18.33%	+4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.08%	16.90%	+7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.57%	18.05%	+21.52%