PortfoliosLab logoPortfoliosLab logo
STWD vs. BXMT
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

STWD vs. BXMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Starwood Property Trust, Inc. (STWD) and Blackstone Mortgage Trust, Inc. (BXMT). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, STWD achieves a -2.35% return, which is significantly lower than BXMT's -1.89% return. Over the past 10 years, STWD has outperformed BXMT with an annualized return of 7.74%, while BXMT has yielded a comparatively lower 4.97% annualized return.


STWD

1D
1.79%
1M
-6.56%
YTD
-2.35%
6M
-0.81%
1Y
-3.35%
3Y*
7.73%
5Y*
1.38%
10Y*
7.74%

BXMT

1D
2.12%
1M
-3.99%
YTD
-1.89%
6M
-1.61%
1Y
8.78%
3Y*
10.12%
5Y*
-1.37%
10Y*
4.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

STWD vs. BXMT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
STWD
Starwood Property Trust, Inc.
-2.35%4.91%-0.56%26.70%-17.33%35.88%-12.01%36.80%1.11%6.08%
BXMT
Blackstone Mortgage Trust, Inc.
-1.89%21.13%-7.90%13.46%-24.03%20.27%-17.83%25.16%6.95%15.77%

Correlation

The correlation between STWD and BXMT is 0.72, 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

0.72

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (10Y)
Calculated over the trailing 10-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Aug 13, 2009

0.56

The correlation between STWD and BXMT shifts across timeframes, from 0.56 (all time) to 0.82 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS

STWD:

$1.39

BXMT:

$0.61

PE Ratio

STWD:

12.31

BXMT:

30.20

PEG Ratio

STWD:

1.01

BXMT:

1.49

PS Ratio

STWD:

2.18

BXMT:

2.04

Total Revenue (TTM)

STWD:

$1.98B

BXMT:

$1.54B

Gross Profit (TTM)

STWD:

$1.19B

BXMT:

$960.53M

EBITDA (TTM)

STWD:

$1.83B

BXMT:

$957.49M

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

STWD vs. BXMT — Risk / Return Rank

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

STWD
STWD Risk / Return Rank: 2929
Overall Rank
STWD Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
STWD Sortino Ratio Rank: 2626
Sortino Ratio Rank
STWD Omega Ratio Rank: 2626
Omega Ratio Rank
STWD Calmar Ratio Rank: 3131
Calmar Ratio Rank
STWD Martin Ratio Rank: 3131
Martin Ratio Rank

BXMT
BXMT Risk / Return Rank: 5151
Overall Rank
BXMT Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
BXMT Sortino Ratio Rank: 4646
Sortino Ratio Rank
BXMT Omega Ratio Rank: 4545
Omega Ratio Rank
BXMT Calmar Ratio Rank: 5353
Calmar Ratio Rank
BXMT Martin Ratio Rank: 5555
Martin Ratio Rank
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.

STWD vs. BXMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Starwood Property Trust, Inc. (STWD) and Blackstone Mortgage Trust, Inc. (BXMT). 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.


STWDBXMTDifference

Sharpe ratio

Return per unit of total volatility

-0.20

0.41

-0.61

Sortino ratio

Return per unit of downside risk

-0.16

0.71

-0.88

Omega ratio

Gain probability vs. loss probability

0.98

1.09

-0.11

Calmar ratio

Return relative to maximum drawdown

-0.28

0.58

-0.86

Martin ratio

Return relative to average drawdown

-0.48

1.38

-1.86

STWD vs. BXMT - Sharpe Ratio Comparison

The current STWD Sharpe Ratio is -0.20, which is lower than the BXMT Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of STWD and BXMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Sharpe Ratios by Period


STWDBXMTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.20

0.41

-0.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

-0.05

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.26

0.15

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.08

+0.28

Drawdowns

STWD vs. BXMT - Drawdown Comparison

The maximum STWD drawdown since its inception was -66.34%, smaller than the maximum BXMT drawdown of -97.98%. Use the drawdown chart below to compare losses from any high point for STWD and BXMT.


Loading charts...

Drawdown Indicators


STWDBXMTDifference

Max Drawdown

Largest peak-to-trough decline

-66.34%

-97.98%

+31.64%

Max Drawdown (1Y)

Largest decline over 1 year

-14.53%

-12.02%

-2.51%

Max Drawdown (3Y)

Largest decline over 3 years

-16.66%

-23.29%

+6.63%

Max Drawdown (5Y)

Largest decline over 5 years

-29.65%

-43.02%

+13.37%

Max Drawdown (10Y)

Largest decline over 10 years

-66.34%

-67.86%

+1.52%

Current Drawdown

Current decline from peak

-11.79%

-34.14%

+22.35%

Average Drawdown

Average peak-to-trough decline

-7.56%

-49.07%

+41.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.43%

5.03%

+3.40%

Volatility

STWD vs. BXMT - Volatility Comparison

The current volatility for Starwood Property Trust, Inc. (STWD) is 5.70%, while Blackstone Mortgage Trust, Inc. (BXMT) has a volatility of 7.19%. This indicates that STWD experiences smaller price fluctuations and is considered to be less risky than BXMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


STWDBXMTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.70%

7.19%

-1.49%

Volatility (6M)

Calculated over the trailing 6-month period

12.17%

16.36%

-4.19%

Volatility (1Y)

Calculated over the trailing 1-year period

16.66%

21.50%

-4.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.28%

27.71%

-3.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.14%

32.61%

-2.47%

Dividends

STWD vs. BXMT - Dividend Comparison

STWD's dividend yield for the trailing twelve months is around 11.23%, more than BXMT's 10.27% yield.


PositionTTM20252024202320222021202020192018201720162015
BXMT
Blackstone Mortgage Trust, Inc.
10.27%9.83%12.52%11.66%11.71%8.10%9.01%6.66%7.78%7.71%8.25%8.52%
STWD
Starwood Property Trust, Inc.
11.23%10.66%10.13%9.13%10.47%7.90%9.95%7.72%9.74%8.99%8.75%9.34%

Financials

STWD vs. BXMT - Financials Comparison

This section allows you to compare key financial metrics between Starwood Property Trust, Inc. and Blackstone Mortgage Trust, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


200.00M300.00M400.00M500.00M600.00M20222023202420252026
512.46M
380.15M
(STWD) Total Revenue
(BXMT) Total Revenue
Values in USD except per share items

STWD vs. BXMT - Profitability Comparison

The chart below illustrates the profitability comparison between Starwood Property Trust, Inc. and Blackstone Mortgage Trust, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%202220232024202520260
20.4%
Portfolio components
STWD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Starwood Property Trust, Inc. reported a gross profit of 0.00 and revenue of 512.46M. Therefore, the gross margin over that period was 0.0%.

BXMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blackstone Mortgage Trust, Inc. reported a gross profit of 77.44M and revenue of 380.15M. Therefore, the gross margin over that period was 20.4%.

STWD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Starwood Property Trust, Inc. reported an operating income of 0.00 and revenue of 512.46M, resulting in an operating margin of 0.0%.

BXMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blackstone Mortgage Trust, Inc. reported an operating income of 48.65M and revenue of 380.15M, resulting in an operating margin of 12.8%.

STWD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Starwood Property Trust, Inc. reported a net income of 51.88M and revenue of 512.46M, resulting in a net margin of 10.1%.

BXMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blackstone Mortgage Trust, Inc. reported a net income of -6.30M and revenue of 380.15M, resulting in a net margin of -1.7%.


Frequently Asked Questions


STWD and BXMT have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BXMT has higher volatility (7.19%) compared to STWD (5.70%). In terms of maximum drawdown, STWD dropped -66.34% vs BXMT's -97.98%.

BXMT currently has the higher Sharpe Ratio (0.41 vs -0.20), 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.

Portfolio Optimizer

Find the right allocation for STWD and BXMT

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer