SGP.AX vs. URW.PA

Last updated Jun 4, 2026

SGP.AX (Stockland) and URW.PA (Unibail-Rodamco-Westfield) are both stocks. Both are in the Real Estate sector — SGP.AX in REIT - Diversified, URW.PA in REIT - Retail. Over the past 5 years, SGP.AX returned 0.77%/yr vs 9.76%/yr for URW.PA. At a 0.19 correlation, their price movements are largely independent.

Performance

SGP.AX vs. URW.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Stockland (SGP.AX) and Unibail-Rodamco-Westfield (URW.PA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SGP.AX is traded in AUD, while URW.PA is traded in EUR. To make them comparable, the URW.PA values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SGP.AX achieves a -35.08% return, which is significantly lower than URW.PA's 1.89% return.

SGP.AX

• 1D: -1.85%
• 1M: -7.46%
• YTD: -35.08%
• 6M: -36.28%
• 1Y: -28.59%
• 3Y*: -0.35%
• 5Y*: 0.77%
• 10Y*: 3.86%

URW.PA

• 1D: -0.93%
• 1M: 0.03%
• YTD: 1.89%
• 6M: 4.39%
• 1Y: 15.20%
• 3Y*: 35.44%
• 5Y*: 9.76%
• 10Y*: —

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

SGP.AX vs. URW.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SGP.AX Stockland	-35.08%	25.12%	13.92%	29.32%	-8.20%	7.26%	-4.31%	39.46%	-8.75%
URW.PA Unibail-Rodamco-Westfield	1.89%	40.63%	15.85%	42.07%	-20.92%	-5.87%	-50.24%	10.56%	-25.75%

Correlation

The correlation between SGP.AX and URW.PA is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 6, 2018	0.19

Return for Risk

SGP.AX vs. URW.PA — Risk / Return Rank

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

SGP.AX

SGP.AX Risk / Return Rank: 7
SGP.AX Sharpe Ratio Rank: 2
SGP.AX Sortino Ratio Rank: 3
SGP.AX Omega Ratio Rank: 5
SGP.AX Calmar Ratio Rank: 18
SGP.AX Martin Ratio Rank: 9

URW.PA

URW.PA Risk / Return Rank: 75
URW.PA Sharpe Ratio Rank: 79
URW.PA Sortino Ratio Rank: 75
URW.PA Omega Ratio Rank: 73
URW.PA Calmar Ratio Rank: 72
URW.PA Martin Ratio Rank: 78

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.

SGP.AX vs. URW.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stockland (SGP.AX) and Unibail-Rodamco-Westfield (URW.PA). 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.

	SGP.AX	URW.PA	Difference
Sharpe ratio: Return per unit of total volatility	-1.26	0.83	-2.08
Sortino ratio: Return per unit of downside risk	-1.83	1.28	-3.10
Omega ratio: Gain probability vs. loss probability	0.79	1.16	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.65	1.17	-1.82
Martin ratio: Return relative to average drawdown	-1.37	3.14	-4.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGP.AX vs. URW.PA - Sharpe Ratio Comparison

The current SGP.AX Sharpe Ratio is -1.26, which is lower than the URW.PA Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SGP.AX and URW.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SGP.AX	URW.PA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.26	0.83	-2.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.29	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	-0.10	+0.39

Drawdowns

SGP.AX vs. URW.PA - Drawdown Comparison

The maximum SGP.AX drawdown since its inception was -73.75%, smaller than the maximum URW.PA drawdown of -81.11%. Use the drawdown chart below to compare losses from any high point for SGP.AX and URW.PA.

Drawdown Indicators

	SGP.AX	URW.PA	Difference
Max Drawdown Largest peak-to-trough decline	-73.75%	-81.11%	+7.36%
Max Drawdown (1Y) Largest decline over 1 year	-43.86%	-12.83%	-31.03%
Max Drawdown (3Y) Largest decline over 3 years	-43.86%	-18.80%	-25.06%
Max Drawdown (5Y) Largest decline over 5 years	-43.86%	-53.23%	+9.37%
Max Drawdown (10Y) Largest decline over 10 years	-66.88%	—	—
Current Drawdown Current decline from peak	-43.86%	-30.39%	-13.47%
Average Drawdown Average peak-to-trough decline	-13.79%	-48.63%	+34.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.83%	4.80%	+16.03%

Volatility

SGP.AX vs. URW.PA - Volatility Comparison

Stockland (SGP.AX) has a higher volatility of 10.72% compared to Unibail-Rodamco-Westfield (URW.PA) at 4.32%. This indicates that SGP.AX's price experiences larger fluctuations and is considered to be riskier than URW.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGP.AX	URW.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.72%	4.32%	+6.40%
Volatility (6M) Calculated over the trailing 6-month period	16.83%	14.69%	+2.14%
Volatility (1Y) Calculated over the trailing 1-year period	22.60%	18.19%	+4.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.21%	32.92%	-9.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.02%	42.22%	-14.20%

Dividends

SGP.AX vs. URW.PA - Dividend Comparison

SGP.AX's dividend yield for the trailing twelve months is around 7.04%, more than URW.PA's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SGP.AX Stockland	7.04%	4.57%	5.12%	5.03%	7.27%	5.97%	5.24%	5.97%	7.67%	5.78%	5.44%	5.90%
URW.PA Unibail-Rodamco-Westfield	4.61%	3.77%	3.44%	0.00%	0.00%	0.00%	8.36%	7.68%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SGP.AX and URW.PA in my portfolio?

SGP.AX and URW.PA have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.