STRW vs. DHC

Last updated Jun 5, 2026

STRW (Strawberry Fields REIT LLC) and DHC (Diversified Healthcare Trust) are both stocks. Both operate in the REIT - Healthcare Facilities industry within the Real Estate sector. Over the past 3 years, STRW returned 28.69%/yr vs 72.66%/yr for DHC. At a 0.11 correlation, their price movements are largely independent.

Performance

STRW vs. DHC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strawberry Fields REIT LLC (STRW) and Diversified Healthcare Trust (DHC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STRW achieves a -1.75% return, which is significantly lower than DHC's 77.87% return.

STRW

• 1D: 0.32%
• 1M: -1.85%
• YTD: -1.75%
• 6M: -1.35%
• 1Y: 31.52%
• 3Y*: 28.69%
• 5Y*: —
• 10Y*: —

DHC

• 1D: 0.70%
• 1M: 5.26%
• YTD: 77.87%
• 6M: 80.48%
• 1Y: 169.32%
• 3Y*: 72.66%
• 5Y*: 20.90%
• 10Y*: -3.71%

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

STRW vs. DHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STRW Strawberry Fields REIT LLC	-1.75%	30.50%	43.87%	1.22%	-16.54%
DHC Diversified Healthcare Trust	77.87%	113.91%	-37.64%	497.73%	-47.77%

Correlation

The correlation between STRW and DHC 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	0.16
Correlation (All Time) Calculated using the full available price history since Sep 22, 2022	0.11

Fundamentals

Market Cap STRW : $169.61M DHC : $2.07B
EPS STRW : $0.64 DHC : -$1.33
PS Ratio STRW : 1.41 DHC : 1.36
PB Ratio STRW : 13.87 DHC : 1.28
Total Revenue (TTM) STRW : $117.67M DHC : $1.52B
Gross Profit (TTM) STRW : $70.60M DHC : $81.96M
EBITDA (TTM) STRW : $121.21M DHC : $87.81M

Return for Risk

STRW vs. DHC — Risk / Return Rank

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

STRW

STRW Risk / Return Rank: 71
STRW Sharpe Ratio Rank: 69
STRW Sortino Ratio Rank: 65
STRW Omega Ratio Rank: 63
STRW Calmar Ratio Rank: 79
STRW Martin Ratio Rank: 77

DHC

DHC Risk / Return Rank: 97
DHC Sharpe Ratio Rank: 98
DHC Sortino Ratio Rank: 97
DHC Omega Ratio Rank: 94
DHC Calmar Ratio Rank: 98
DHC Martin Ratio Rank: 98

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.

STRW vs. DHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strawberry Fields REIT LLC (STRW) and Diversified Healthcare Trust (DHC). 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.

	STRW	DHC	Difference
Sharpe ratio: Return per unit of total volatility	0.91	4.21	-3.31
Sortino ratio: Return per unit of downside risk	1.50	4.55	-3.06
Omega ratio: Gain probability vs. loss probability	1.18	1.55	-0.37
Calmar ratio: Return relative to maximum drawdown	2.59	10.86	-8.26
Martin ratio: Return relative to average drawdown	5.47	28.55	-23.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STRW vs. DHC - Sharpe Ratio Comparison

The current STRW Sharpe Ratio is 0.91, which is lower than the DHC Sharpe Ratio of 4.21. The chart below compares the historical Sharpe Ratios of STRW and DHC, 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

	STRW	DHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	4.21	-3.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.14	+0.14

Drawdowns

STRW vs. DHC - Drawdown Comparison

The maximum STRW drawdown since its inception was -55.26%, smaller than the maximum DHC drawdown of -96.32%. Use the drawdown chart below to compare losses from any high point for STRW and DHC.

Drawdown Indicators

	STRW	DHC	Difference
Max Drawdown Largest peak-to-trough decline	-55.26%	-96.32%	+41.06%
Max Drawdown (1Y) Largest decline over 1 year	-12.21%	-15.70%	+3.49%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-51.17%	+24.55%
Max Drawdown (5Y) Largest decline over 5 years	—	-84.81%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-96.32%	—
Current Drawdown Current decline from peak	-5.92%	-46.28%	+40.36%
Average Drawdown Average peak-to-trough decline	-21.96%	-30.34%	+8.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.78%	5.96%	-0.18%

Volatility

STRW vs. DHC - Volatility Comparison

The current volatility for Strawberry Fields REIT LLC (STRW) is 5.91%, while Diversified Healthcare Trust (DHC) has a volatility of 12.32%. This indicates that STRW experiences smaller price fluctuations and is considered to be less risky than DHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STRW	DHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	12.32%	-6.41%
Volatility (6M) Calculated over the trailing 6-month period	22.98%	29.79%	-6.81%
Volatility (1Y) Calculated over the trailing 1-year period	35.03%	40.46%	-5.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.10%	69.05%	-22.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.10%	64.01%	-17.91%

Dividends

STRW vs. DHC - Dividend Comparison

STRW's dividend yield for the trailing twelve months is around 4.88%, more than DHC's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHC Diversified Healthcare Trust	0.47%	0.82%	1.74%	1.07%	6.18%	1.29%	4.37%	9.95%	13.31%	8.15%	8.24%	11.40%
STRW Strawberry Fields REIT LLC	4.88%	4.58%	4.93%	7.26%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both STRW and DHC in my portfolio?

STRW and DHC 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.

Which is riskier, STRW or DHC?

DHC has higher volatility (12.32%) compared to STRW (5.91%). In terms of maximum drawdown, STRW dropped -55.26% vs DHC's -96.32%.

Which has better risk-adjusted returns?

DHC currently has the higher Sharpe Ratio (4.21 vs 0.91), 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.