SRG vs. EQIX

Last updated Jun 4, 2026

SRG (Seritage Growth Properties) and EQIX (Equinix, Inc.) are both stocks. Both are in the Real Estate sector — SRG in REIT - Retail, EQIX in REIT - Specialty. Over the past 10 years, SRG returned -24.39%/yr vs 13.61%/yr for EQIX. At a 0.21 correlation, their price movements are largely independent.

Performance

SRG vs. EQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Seritage Growth Properties (SRG) and Equinix, Inc. (EQIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRG achieves a -14.46% return, which is significantly lower than EQIX's 42.04% return. Over the past 10 years, SRG has underperformed EQIX with an annualized return of -24.39%, while EQIX has yielded a comparatively higher 13.61% annualized return.

SRG

• 1D: -1.77%
• 1M: 4.12%
• YTD: -14.46%
• 6M: -21.02%
• 1Y: -1.42%
• 3Y*: -29.22%
• 5Y*: -31.48%
• 10Y*: -24.39%

EQIX

• 1D: 0.49%
• 1M: -0.08%
• YTD: 42.04%
• 6M: 48.52%
• 1Y: 23.09%
• 3Y*: 14.84%
• 5Y*: 8.63%
• 10Y*: 13.61%

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

SRG vs. EQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SRG Seritage Growth Properties	-14.46%	-21.12%	-55.94%	-20.96%	-10.85%	-9.60%	-63.37%	24.67%	-18.01%	-3.02%
EQIX Equinix, Inc.	42.04%	-16.88%	19.45%	25.41%	-21.13%	20.28%	24.22%	68.86%	-20.41%	29.20%

Correlation

The correlation between SRG and EQIX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015	0.21

The correlation between SRG and EQIX shifts across timeframes, from 0.15 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SRG : $156.55M EQIX : $106.33B
EPS SRG : -$1.23 EQIX : $14.46
PS Ratio SRG : 8.60 EQIX : 11.20
PB Ratio SRG : 0.47 EQIX : 7.44
Total Revenue (TTM) SRG : $18.20M EQIX : $9.46B
Gross Profit (TTM) SRG : $1.77M EQIX : $4.85B
EBITDA (TTM) SRG : -$30.61M EQIX : $3.76B

Return for Risk

SRG vs. EQIX — Risk / Return Rank

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

SRG

SRG Risk / Return Rank: 38
SRG Sharpe Ratio Rank: 40
SRG Sortino Ratio Rank: 38
SRG Omega Ratio Rank: 37
SRG Calmar Ratio Rank: 39
SRG Martin Ratio Rank: 39

EQIX

EQIX Risk / Return Rank: 64
EQIX Sharpe Ratio Rank: 68
EQIX Sortino Ratio Rank: 61
EQIX Omega Ratio Rank: 65
EQIX Calmar Ratio Rank: 64
EQIX Martin Ratio Rank: 60

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.

SRG vs. EQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Seritage Growth Properties (SRG) and Equinix, Inc. (EQIX). 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.

	SRG	EQIX	Difference
Sharpe ratio Return per unit of total volatility	-0.03	0.89	-0.92
Sortino ratio Return per unit of downside risk	0.33	1.35	-1.02
Omega ratio Gain probability vs. loss probability	1.04	1.20	-0.16
Calmar ratio Return relative to maximum drawdown	-0.03	1.18	-1.21
Martin ratio Return relative to average drawdown	-0.06	2.10	-2.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SRG vs. EQIX - Sharpe Ratio Comparison

The current SRG Sharpe Ratio is -0.03, which is lower than the EQIX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of SRG and EQIX, 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

	SRG	EQIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	0.89	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	0.31	-0.84
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.38	0.50	-0.88
Sharpe Ratio (All Time) Calculated using the full available price history	-0.33	0.08	-0.41

Drawdowns

SRG vs. EQIX - Drawdown Comparison

The maximum SRG drawdown since its inception was -95.55%, roughly equal to the maximum EQIX drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for SRG and EQIX.

Drawdown Indicators

	SRG	EQIX	Difference
Max Drawdown Largest peak-to-trough decline	-95.55%	-99.44%	+3.89%
Max Drawdown (1Y) Largest decline over 1 year	-47.77%	-19.63%	-28.14%
Max Drawdown (3Y) Largest decline over 3 years	-76.27%	-24.59%	-51.68%
Max Drawdown (5Y) Largest decline over 5 years	-87.89%	-41.77%	-46.12%
Max Drawdown (10Y) Largest decline over 10 years	-95.37%	-41.77%	-53.60%
Current Drawdown Current decline from peak	-94.72%	-2.96%	-91.76%
Average Drawdown Average peak-to-trough decline	-55.01%	-52.67%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.01%	11.01%	+14.00%

Volatility

SRG vs. EQIX - Volatility Comparison

Seritage Growth Properties (SRG) has a higher volatility of 19.11% compared to Equinix, Inc. (EQIX) at 5.21%. This indicates that SRG's price experiences larger fluctuations and is considered to be riskier than EQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRG	EQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.11%	5.21%	+13.90%
Volatility (6M) Calculated over the trailing 6-month period	31.18%	16.83%	+14.35%
Volatility (1Y) Calculated over the trailing 1-year period	48.09%	26.09%	+22.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.14%	27.68%	+32.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.93%	27.13%	+37.80%

Dividends

SRG vs. EQIX - Dividend Comparison

SRG has not paid dividends to shareholders, while EQIX's dividend yield for the trailing twelve months is around 1.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQIX Equinix, Inc.	1.83%	2.45%	1.81%	1.80%	1.89%	1.36%	1.49%	1.69%	2.59%	1.77%	1.96%	5.86%
SRG Seritage Growth Properties	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.62%	3.09%	2.47%	2.34%	1.24%

Financials

Frequently Asked Questions

Can I hold both SRG and EQIX in my portfolio?

SRG and EQIX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRG or EQIX?

SRG has higher volatility (19.11%) compared to EQIX (5.21%). In terms of maximum drawdown, SRG dropped -95.55% vs EQIX's -99.44%.

Which has better risk-adjusted returns?

EQIX currently has the higher Sharpe Ratio (0.89 vs -0.03), 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.