PMT vs. ACRE
PMT (PennyMac Mortgage Investment Trust) and ACRE (Ares Commercial Real Estate Corporation) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, PMT returned 7.38%/yr vs 1.22%/yr for ACRE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
PMT vs. ACRE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PMT achieves a -10.83% return, which is significantly lower than ACRE's -0.26% return. Over the past 10 years, PMT has outperformed ACRE with an annualized return of 7.38%, while ACRE has yielded a comparatively lower 1.22% annualized return.
PMT
- 1D
- 1.89%
- 1M
- 3.03%
- YTD
- -10.83%
- 6M
- -12.41%
- 1Y
- -0.41%
- 3Y*
- 5.47%
- 5Y*
- -0.97%
- 10Y*
- 7.38%
ACRE
- 1D
- 0.22%
- 1M
- -3.75%
- YTD
- -0.26%
- 6M
- -7.58%
- 1Y
- 8.41%
- 3Y*
- -11.85%
- 5Y*
- -9.67%
- 10Y*
- 1.22%
PMT vs. ACRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMT PennyMac Mortgage Investment Trust | -10.83% | 13.23% | -5.38% | 36.11% | -18.07% | 8.47% | -12.99% | 30.33% | 28.04% | 9.42% |
ACRE Ares Commercial Real Estate Corporation | -0.26% | -7.92% | -34.00% | 15.56% | -20.44% | 34.30% | -13.84% | 32.33% | 10.33% | 1.93% |
Correlation
The correlation between PMT and ACRE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2012 | 0.53 |
The correlation between PMT and ACRE has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
Fundamentals
PMT:
$892.59M
ACRE:
$255.59M
PMT:
$1.52
ACRE:
-$0.36
PMT:
0.84
ACRE:
4.66
PMT:
0.48
ACRE:
0.52
PMT:
$1.06B
ACRE:
$54.71M
PMT:
$946.50M
ACRE:
$25.31M
PMT:
$966.77M
ACRE:
$30.62M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PMT vs. ACRE — Risk / Return Rank
PMT
ACRE
PMT vs. ACRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennyMac Mortgage Investment Trust (PMT) and Ares Commercial Real Estate Corporation (ACRE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMT | ACRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.07 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 0.48 | -0.49 |
| Martin ratioReturn relative to average drawdown | -0.04 | 0.97 | -1.01 |
Loading charts...
Drawdowns
PMT vs. ACRE - Drawdown Comparison
The maximum PMT drawdown since its inception was -75.90%, roughly equal to the maximum ACRE drawdown of -75.68%. Use the drawdown chart below to compare losses from any high point for PMT and ACRE.
Loading charts...
Drawdown Indicators
| PMT | ACRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.90% | -75.68% | -0.22% |
Max Drawdown (1Y)Largest decline over 1 year | -26.14% | -17.69% | -8.45% |
Max Drawdown (3Y)Largest decline over 3 years | -26.14% | -61.28% | +35.14% |
Max Drawdown (5Y)Largest decline over 5 years | -39.81% | -67.51% | +27.70% |
Max Drawdown (10Y)Largest decline over 10 years | -75.90% | -75.68% | -0.22% |
Current DrawdownCurrent decline from peak | -18.97% | -51.39% | +32.42% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -19.90% | +8.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.55% | 8.71% | +1.84% |
Volatility
PMT vs. ACRE - Volatility Comparison
The current volatility for PennyMac Mortgage Investment Trust (PMT) is 9.67%, while Ares Commercial Real Estate Corporation (ACRE) has a volatility of 10.73%. This indicates that PMT experiences smaller price fluctuations and is considered to be less risky than ACRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PMT | ACRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.67% | 10.73% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 23.16% | 24.56% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.40% | 37.57% | -10.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.72% | 35.45% | -5.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.24% | 45.08% | +0.16% |
Dividends
PMT vs. ACRE - Dividend Comparison
PMT's dividend yield for the trailing twelve months is around 20.79%, more than ACRE's 12.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACRE Ares Commercial Real Estate Corporation | 12.99% | 12.55% | 16.98% | 13.13% | 13.61% | 9.63% | 11.08% | 8.33% | 8.90% | 8.37% | 7.57% | 8.74% |
PMT PennyMac Mortgage Investment Trust | 20.79% | 12.75% | 12.71% | 10.70% | 14.61% | 10.85% | 8.64% | 8.43% | 10.10% | 11.70% | 11.48% | 14.15% |
Financials
PMT vs. ACRE - Financials Comparison
This section allows you to compare key financial metrics between PennyMac Mortgage Investment Trust and Ares Commercial Real Estate Corporation. 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
PMT and ACRE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACRE has higher volatility (10.73%) compared to PMT (9.67%). In terms of maximum drawdown, PMT dropped -75.90% vs ACRE's -75.68%.
ACRE currently has the higher Sharpe Ratio (0.22 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PMT and ACRE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer