PLD vs. GMG.AX
PLD (Prologis, Inc.) and GMG.AX (Goodman Group) are both stocks. Both are in the Real Estate sector — PLD in REIT - Industrial, GMG.AX in Real Estate - Diversified. Over the past 10 years, PLD returned 14.19%/yr vs 17.34%/yr for GMG.AX. At a 0.17 correlation, their price movements are largely independent.
Performance
PLD vs. GMG.AX - Performance Comparison
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Different Trading Currencies
PLD is traded in USD, while GMG.AX is traded in AUD. To make them comparable, the GMG.AX values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PLD achieves a 12.74% return, which is significantly higher than GMG.AX's 7.72% return. Over the past 10 years, PLD has underperformed GMG.AX with an annualized return of 14.19%, while GMG.AX has yielded a comparatively higher 17.34% annualized return.
PLD
- 1D
- -1.22%
- 1M
- -0.91%
- YTD
- 12.74%
- 6M
- 14.51%
- 1Y
- 35.80%
- 3Y*
- 9.00%
- 5Y*
- 5.89%
- 10Y*
- 14.19%
GMG.AX
- 1D
- -1.56%
- 1M
- 1.61%
- YTD
- 7.72%
- 6M
- 14.22%
- 1Y
- 3.17%
- 3Y*
- 19.69%
- 5Y*
- 8.48%
- 10Y*
- 17.34%
PLD vs. GMG.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLD Prologis, Inc. | 12.74% | 25.08% | -18.12% | 21.58% | -31.33% | 72.33% | 14.74% | 55.87% | -6.25% | 25.94% |
GMG.AX Goodman Group | 7.72% | -5.42% | 28.55% | 47.61% | -37.57% | 33.35% | 56.45% | 26.69% | 17.26% | 32.17% |
Correlation
The correlation between PLD and GMG.AX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007 | 0.17 |
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Return for Risk
PLD vs. GMG.AX — Risk / Return Rank
PLD
GMG.AX
PLD vs. GMG.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prologis, Inc. (PLD) and Goodman Group (GMG.AX). 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.
| PLD | GMG.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.05 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 3.75 | 0.16 | +3.59 |
| Martin ratioReturn relative to average drawdown | 12.35 | 0.38 | +11.96 |
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
| PLD | GMG.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 0.14 | +1.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.28 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.59 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.05 | +0.28 |
Drawdowns
PLD vs. GMG.AX - Drawdown Comparison
The maximum PLD drawdown since its inception was -84.70%, smaller than the maximum GMG.AX drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for PLD and GMG.AX.
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Drawdown Indicators
| PLD | GMG.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.70% | -98.16% | +13.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -26.03% | +16.44% |
Max Drawdown (3Y)Largest decline over 3 years | -31.37% | -38.74% | +7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -43.30% | -48.87% | +5.57% |
Max Drawdown (10Y)Largest decline over 10 years | -43.30% | -49.98% | +6.68% |
Current DrawdownCurrent decline from peak | -6.67% | -12.72% | +6.05% |
Average DrawdownAverage peak-to-trough decline | -17.36% | -54.13% | +36.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 10.87% | -7.96% |
Volatility
PLD vs. GMG.AX - Volatility Comparison
The current volatility for Prologis, Inc. (PLD) is 5.54%, while Goodman Group (GMG.AX) has a volatility of 8.23%. This indicates that PLD experiences smaller price fluctuations and is considered to be less risky than GMG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLD | GMG.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.54% | 8.23% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 23.92% | -9.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.22% | 28.71% | -7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.95% | 30.09% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.98% | 29.40% | -2.42% |
Dividends
PLD vs. GMG.AX - Dividend Comparison
PLD's dividend yield for the trailing twelve months is around 2.87%, more than GMG.AX's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMG.AX Goodman Group | 0.96% | 0.97% | 0.42% | 1.19% | 1.73% | 0.74% | 0.80% | 1.17% | 2.75% | 3.20% | 3.48% | 3.67% |
PLD Prologis, Inc. | 2.87% | 3.16% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% |
Financials
PLD vs. GMG.AX - Financials Comparison
This section allows you to compare key financial metrics between Prologis, Inc. and Goodman Group. 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
PLD and GMG.AX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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