REXR vs. TRNO
REXR (Rexford Industrial Realty, Inc.) and TRNO (Terreno Realty Corporation) are both stocks. Both operate in the REIT - Industrial industry within the Real Estate sector. Over the past 10 years, REXR returned 7.80%/yr vs 12.96%/yr for TRNO. A 0.74 correlation means they provide meaningful diversification when combined.
Performance
REXR vs. TRNO - Performance Comparison
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Returns By Period
In the year-to-date period, REXR achieves a -11.84% return, which is significantly lower than TRNO's 12.77% return. Over the past 10 years, REXR has underperformed TRNO with an annualized return of 7.80%, while TRNO has yielded a comparatively higher 12.96% annualized return.
REXR
- 1D
- 0.93%
- 1M
- -6.91%
- YTD
- -11.84%
- 6M
- -13.05%
- 1Y
- -4.50%
- 3Y*
- -9.01%
- 5Y*
- -7.54%
- 10Y*
- 7.80%
TRNO
- 1D
- 1.33%
- 1M
- -0.61%
- YTD
- 12.77%
- 6M
- 10.73%
- 1Y
- 16.79%
- 3Y*
- 8.42%
- 5Y*
- 2.85%
- 10Y*
- 12.96%
REXR vs. TRNO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REXR Rexford Industrial Realty, Inc. | -11.84% | 4.68% | -28.48% | 5.64% | -31.17% | 67.83% | 9.69% | 57.80% | 3.24% | 30.25% |
TRNO Terreno Realty Corporation | 12.77% | 2.70% | -2.77% | 13.39% | -31.61% | 48.55% | 10.42% | 57.19% | 2.87% | 26.24% |
Correlation
The correlation between REXR and TRNO is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2013 | 0.74 |
The correlation between REXR and TRNO has been stable across timeframes, ranging from 0.74 to 0.80 - a consistent structural relationship.
Fundamentals
REXR:
$7.69B
TRNO:
$6.91B
REXR:
$0.98
TRNO:
$4.09
REXR:
34.28
TRNO:
16.05
REXR:
8.82
TRNO:
0.23
REXR:
7.93
TRNO:
13.89
REXR:
0.94
TRNO:
1.61
REXR:
$988.48M
TRNO:
$490.40M
REXR:
$605.66M
TRNO:
$279.63M
REXR:
$571.77M
TRNO:
$503.94M
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Return for Risk
REXR vs. TRNO — Risk / Return Rank
REXR
TRNO
REXR vs. TRNO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rexford Industrial Realty, Inc. (REXR) and Terreno Realty Corporation (TRNO). 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.
| REXR | TRNO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.15 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 1.86 | -2.04 |
| Martin ratioReturn relative to average drawdown | -0.37 | 4.82 | -5.18 |
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Drawdowns
REXR vs. TRNO - Drawdown Comparison
The maximum REXR drawdown since its inception was -58.65%, which is greater than TRNO's maximum drawdown of -41.45%. Use the drawdown chart below to compare losses from any high point for REXR and TRNO.
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Drawdown Indicators
| REXR | TRNO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.65% | -41.45% | -17.20% |
Max Drawdown (1Y)Largest decline over 1 year | -25.79% | -9.05% | -16.74% |
Max Drawdown (3Y)Largest decline over 3 years | -41.89% | -26.27% | -15.62% |
Max Drawdown (5Y)Largest decline over 5 years | -58.65% | -39.06% | -19.59% |
Max Drawdown (10Y)Largest decline over 10 years | -58.65% | -39.06% | -19.59% |
Current DrawdownCurrent decline from peak | -53.78% | -12.68% | -41.10% |
Average DrawdownAverage peak-to-trough decline | -16.44% | -12.30% | -4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.32% | 3.49% | +8.83% |
Volatility
REXR vs. TRNO - Volatility Comparison
Rexford Industrial Realty, Inc. (REXR) and Terreno Realty Corporation (TRNO) have volatilities of 8.30% and 8.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REXR | TRNO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.30% | 8.07% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 17.74% | 14.10% | +3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.63% | 21.67% | +2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.16% | 24.85% | +2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.01% | 24.54% | +2.47% |
Dividends
REXR vs. TRNO - Dividend Comparison
REXR's dividend yield for the trailing twelve months is around 5.12%, more than TRNO's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REXR Rexford Industrial Realty, Inc. | 5.12% | 4.44% | 4.32% | 2.71% | 2.31% | 1.18% | 1.75% | 1.62% | 2.17% | 3.25% | 2.33% | 3.12% |
TRNO Terreno Realty Corporation | 3.12% | 3.44% | 3.18% | 2.71% | 2.60% | 1.48% | 1.91% | 1.88% | 2.62% | 2.40% | 2.67% | 2.92% |
Financials
REXR vs. TRNO - Financials Comparison
This section allows you to compare key financial metrics between Rexford Industrial Realty, Inc. and Terreno Realty 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
REXR vs. TRNO - Profitability Comparison
REXR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rexford Industrial Realty, Inc. reported a gross profit of 188.32M and revenue of 245.08M. Therefore, the gross margin over that period was 76.8%.
TRNO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Terreno Realty Corporation reported a gross profit of 0.00 and revenue of 124.44M. Therefore, the gross margin over that period was 0.0%.
REXR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rexford Industrial Realty, Inc. reported an operating income of 100.46M and revenue of 245.08M, resulting in an operating margin of 41.0%.
TRNO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Terreno Realty Corporation reported an operating income of 0.00 and revenue of 124.44M, resulting in an operating margin of 0.0%.
REXR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rexford Industrial Realty, Inc. reported a net income of 87.87M and revenue of 245.08M, resulting in a net margin of 35.9%.
TRNO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Terreno Realty Corporation reported a net income of 69.43M and revenue of 124.44M, resulting in a net margin of 55.8%.
Frequently Asked Questions
REXR and TRNO have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REXR has higher volatility (8.30%) compared to TRNO (8.07%). In terms of maximum drawdown, REXR dropped -58.65% vs TRNO's -41.45%.
TRNO currently has the higher Sharpe Ratio (0.78 vs -0.18), 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.
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