PLZ-UN.TO vs. AP-UN.TO

Last updated Mar 31, 2026

Compare and contrast key facts about Plaza Retail REIT (PLZ-UN.TO) and Allied Properties Real Estate Investment Trust (AP-UN.TO).

Performance

PLZ-UN.TO vs. AP-UN.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Plaza Retail REIT (PLZ-UN.TO) and Allied Properties Real Estate Investment Trust (AP-UN.TO). The values are adjusted to include any dividend payments, if applicable.

PLZ-UN.TO vs. AP-UN.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLZ-UN.TO Plaza Retail REIT	-0.80%	30.09%	3.87%	-11.82%	1.15%	39.55%	-14.33%	25.75%	-2.54%	-9.66%
AP-UN.TO Allied Properties Real Estate Investment Trust	-30.62%	-13.47%	-5.92%	-12.14%	-38.62%	20.95%	-24.39%	21.30%	9.29%	21.85%

Fundamentals

Market Cap PLZ-UN.TO : CA$480.45M AP-UN.TO : CA$1.28B
EPS PLZ-UN.TO : CA$0.50 AP-UN.TO : -CA$9.50
PS Ratio PLZ-UN.TO : 3.66 AP-UN.TO : 2.17
PB Ratio PLZ-UN.TO : 0.85 AP-UN.TO : 0.32
Total Revenue (TTM) PLZ-UN.TO : CA$128.49M AP-UN.TO : CA$592.38M
Gross Profit (TTM) PLZ-UN.TO : CA$80.91M AP-UN.TO : CA$313.21M
EBITDA (TTM) PLZ-UN.TO : CA$88.31M AP-UN.TO : -CA$1.19B

Returns By Period

In the year-to-date period, PLZ-UN.TO achieves a -0.80% return, which is significantly higher than AP-UN.TO's -30.62% return. Over the past 10 years, PLZ-UN.TO has outperformed AP-UN.TO with an annualized return of 5.79%, while AP-UN.TO has yielded a comparatively lower -7.12% annualized return.

PLZ-UN.TO

• 1D: 0.00%
• 1M: -6.65%
• YTD: -0.80%
• 6M: 3.78%
• 1Y: 18.88%
• 3Y*: 7.73%
• 5Y*: 8.35%
• 10Y*: 5.79%

AP-UN.TO

• 1D: 0.99%
• 1M: -3.47%
• YTD: -30.62%
• 6M: -54.09%
• 1Y: -38.83%
• 3Y*: -19.95%
• 5Y*: -19.48%
• 10Y*: -7.12%

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

Return for Risk

PLZ-UN.TO vs. AP-UN.TO — Risk / Return Rank

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

PLZ-UN.TO

PLZ-UN.TO Risk / Return Rank: 80
PLZ-UN.TO Sharpe Ratio Rank: 81
PLZ-UN.TO Sortino Ratio Rank: 78
PLZ-UN.TO Omega Ratio Rank: 77
PLZ-UN.TO Calmar Ratio Rank: 81
PLZ-UN.TO Martin Ratio Rank: 84

AP-UN.TO

AP-UN.TO Risk / Return Rank: 12
AP-UN.TO Sharpe Ratio Rank: 7
AP-UN.TO Sortino Ratio Rank: 12
AP-UN.TO Omega Ratio Rank: 7
AP-UN.TO Calmar Ratio Rank: 19
AP-UN.TO Martin Ratio Rank: 15

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.

PLZ-UN.TO vs. AP-UN.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Plaza Retail REIT (PLZ-UN.TO) and Allied Properties Real Estate Investment Trust (AP-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.

	PLZ-UN.TO	AP-UN.TO	Difference
Sharpe ratio Return per unit of total volatility	1.22	-0.89	+2.10
Sortino ratio Return per unit of downside risk	1.85	-0.97	+2.81
Omega ratio Gain probability vs. loss probability	1.24	0.81	+0.43
Calmar ratio Return relative to maximum drawdown	2.46	-0.67	+3.13
Martin ratio Return relative to average drawdown	7.51	-1.34	+8.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLZ-UN.TO vs. AP-UN.TO - Sharpe Ratio Comparison

The current PLZ-UN.TO Sharpe Ratio is 1.22, which is higher than the AP-UN.TO Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of PLZ-UN.TO and AP-UN.TO, 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

	PLZ-UN.TO	AP-UN.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	-0.89	+2.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	-0.65	+1.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	-0.26	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.24	+0.04

Correlation

The correlation between PLZ-UN.TO and AP-UN.TO is 0.13, 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.

Dividends

PLZ-UN.TO vs. AP-UN.TO - Dividend Comparison

PLZ-UN.TO's dividend yield for the trailing twelve months is around 6.65%, less than AP-UN.TO's 15.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLZ-UN.TO Plaza Retail REIT	6.65%	6.53%	7.91%	7.61%	6.25%	5.93%	7.76%	6.13%	7.21%	6.34%	5.20%	5.64%
AP-UN.TO Allied Properties Real Estate Investment Trust	15.03%	12.79%	10.50%	11.30%	6.84%	3.88%	4.38%	3.07%	3.53%	3.65%	4.18%	4.65%

Drawdowns

PLZ-UN.TO vs. AP-UN.TO - Drawdown Comparison

The maximum PLZ-UN.TO drawdown since its inception was -54.55%, smaller than the maximum AP-UN.TO drawdown of -76.72%. Use the drawdown chart below to compare losses from any high point for PLZ-UN.TO and AP-UN.TO.

Drawdown Indicators

	PLZ-UN.TO	AP-UN.TO	Difference
Max Drawdown Largest peak-to-trough decline	-54.55%	-76.72%	+22.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.16%	-58.74%	+50.58%
Max Drawdown (5Y) Largest decline over 5 years	-26.22%	-73.59%	+47.37%
Max Drawdown (10Y) Largest decline over 10 years	-42.12%	-76.72%	+34.60%
Current Drawdown Current decline from peak	-7.27%	-75.88%	+68.61%
Average Drawdown Average peak-to-trough decline	-13.04%	-16.94%	+3.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	29.23%	-26.59%

Volatility

PLZ-UN.TO vs. AP-UN.TO - Volatility Comparison

Plaza Retail REIT (PLZ-UN.TO) has a higher volatility of 6.35% compared to Allied Properties Real Estate Investment Trust (AP-UN.TO) at 5.97%. This indicates that PLZ-UN.TO's price experiences larger fluctuations and is considered to be riskier than AP-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLZ-UN.TO	AP-UN.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	5.97%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	43.47%	-31.60%
Volatility (1Y) Calculated over the trailing 1-year period	15.63%	43.81%	-28.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.91%	30.15%	-12.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	27.33%	-7.24%

Financials