SPG vs. C
SPG (Simon Property Group, Inc.) and C (Citigroup Inc.) are both stocks. SPG operates in REIT - Retail (Real Estate), while C operates in Banks - Diversified (Financial Services). Over the past 10 years, SPG returned 5.73%/yr vs 14.65%/yr for C. At a 0.34 correlation, their price movements are largely independent.
Performance
SPG vs. C - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SPG having a 14.92% return and C slightly lower at 14.65%. Over the past 10 years, SPG has underperformed C with an annualized return of 5.73%, while C has yielded a comparatively higher 14.65% annualized return.
SPG
- 1D
- 1.98%
- 1M
- 4.05%
- YTD
- 14.92%
- 6M
- 17.96%
- 1Y
- 36.20%
- 3Y*
- 31.18%
- 5Y*
- 15.72%
- 10Y*
- 5.73%
C
- 1D
- -1.98%
- 1M
- 5.51%
- YTD
- 14.65%
- 6M
- 22.88%
- 1Y
- 73.11%
- 3Y*
- 45.73%
- 5Y*
- 14.66%
- 10Y*
- 14.65%
SPG vs. C - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPG Simon Property Group, Inc. | 14.92% | 12.94% | 26.92% | 29.24% | -21.91% | 95.72% | -38.64% | -6.74% | 2.55% | 0.98% |
C Citigroup Inc. | 14.65% | 70.38% | 41.93% | 18.98% | -22.09% | 0.93% | -19.70% | 57.82% | -28.49% | 27.03% |
Correlation
The correlation between SPG and C is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 1993 | 0.34 |
The correlation between SPG and C shifts across timeframes, from 0.28 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPG:
$17.14
C:
$8.65
SPG:
12.27
C:
15.32
SPG:
7.75
C:
1.43
SPG:
$6.65B
C:
$171.19B
SPG:
$5.71B
C:
$77.85B
SPG:
$7.77B
C:
$24.12B
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Return for Risk
SPG vs. C — Risk / Return Rank
SPG
C
SPG vs. C - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simon Property Group, Inc. (SPG) and Citigroup Inc. (C). 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.
| SPG | C | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.43 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 5.22 | -1.97 |
| Martin ratioReturn relative to average drawdown | 11.71 | 15.04 | -3.34 |
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
| SPG | C | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 2.74 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.50 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.44 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.15 | +0.23 |
Drawdowns
SPG vs. C - Drawdown Comparison
The maximum SPG drawdown since its inception was -77.00%, smaller than the maximum C drawdown of -98.00%. Use the drawdown chart below to compare losses from any high point for SPG and C.
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Drawdown Indicators
| SPG | C | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.00% | -98.00% | +21.00% |
Max Drawdown (1Y)Largest decline over 1 year | -11.54% | -14.76% | +3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -24.32% | -31.31% | +6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -45.84% | -46.65% | +0.81% |
Max Drawdown (10Y)Largest decline over 10 years | -77.00% | -56.51% | -20.49% |
Current DrawdownCurrent decline from peak | 0.00% | -64.64% | +64.64% |
Average DrawdownAverage peak-to-trough decline | -13.84% | -43.51% | +29.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 5.11% | -1.91% |
Volatility
SPG vs. C - Volatility Comparison
The current volatility for Simon Property Group, Inc. (SPG) is 5.71%, while Citigroup Inc. (C) has a volatility of 8.48%. This indicates that SPG experiences smaller price fluctuations and is considered to be less risky than C based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPG | C | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.71% | 8.48% | -2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.68% | 22.85% | -9.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.36% | 28.19% | -9.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.50% | 29.17% | -2.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.06% | 33.22% | +3.84% |
Dividends
SPG vs. C - Dividend Comparison
SPG's dividend yield for the trailing twelve months is around 4.11%, more than C's 1.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
C Citigroup Inc. | 1.81% | 1.99% | 3.10% | 4.04% | 4.51% | 3.38% | 3.31% | 2.40% | 2.96% | 1.29% | 0.71% | 0.31% |
SPG Simon Property Group, Inc. | 4.11% | 4.62% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% |
Financials
SPG vs. C - Financials Comparison
This section allows you to compare key financial metrics between Simon Property Group, Inc. and Citigroup Inc.. 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
SPG vs. C - Profitability Comparison
SPG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported a gross profit of 1.45B and revenue of 1.76B. Therefore, the gross margin over that period was 82.5%.
C - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Citigroup Inc. reported a gross profit of 21.76B and revenue of 44.14B. Therefore, the gross margin over that period was 49.3%.
SPG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported an operating income of 762.16M and revenue of 1.76B, resulting in an operating margin of 43.4%.
C - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Citigroup Inc. reported an operating income of 7.52B and revenue of 44.14B, resulting in an operating margin of 17.0%.
SPG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Simon Property Group, Inc. reported a net income of 1.48K and revenue of 1.76B, resulting in a net margin of 0.0%.
C - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Citigroup Inc. reported a net income of 5.79B and revenue of 44.14B, resulting in a net margin of 13.1%.
Frequently Asked Questions
SPG and C have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
C has higher volatility (8.48%) compared to SPG (5.71%). In terms of maximum drawdown, SPG dropped -77.00% vs C's -98.00%.
C currently has the higher Sharpe Ratio (2.74 vs 2.04), 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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