PortfoliosLab logo
TAREX vs. AMT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TAREX and AMT is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

TAREX vs. AMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Third Avenue Real Estate Value Fund (TAREX) and American Tower Corporation (AMT). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

TAREX:

0.49

AMT:

0.63

Sortino Ratio

TAREX:

0.61

AMT:

0.81

Omega Ratio

TAREX:

1.08

AMT:

1.11

Calmar Ratio

TAREX:

0.18

AMT:

0.35

Martin Ratio

TAREX:

0.90

AMT:

1.01

Ulcer Index

TAREX:

7.44%

AMT:

12.62%

Daily Std Dev

TAREX:

19.23%

AMT:

27.74%

Max Drawdown

TAREX:

-71.15%

AMT:

-98.70%

Current Drawdown

TAREX:

-29.66%

AMT:

-22.05%

Returns By Period

In the year-to-date period, TAREX achieves a 0.56% return, which is significantly lower than AMT's 16.46% return. Over the past 10 years, TAREX has underperformed AMT with an annualized return of -2.32%, while AMT has yielded a comparatively higher 10.96% annualized return.


TAREX

YTD

0.56%

1M

2.76%

6M

-7.71%

1Y

8.61%

3Y*

2.16%

5Y*

5.45%

10Y*

-2.32%

AMT

YTD

16.46%

1M

0.49%

6M

5.48%

1Y

17.72%

3Y*

-3.38%

5Y*

0.01%

10Y*

10.96%

*Annualized

Compare stocks, funds, or ETFs

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


American Tower Corporation

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TAREX vs. AMT — Risk-Adjusted Performance Rank

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

TAREX
The Risk-Adjusted Performance Rank of TAREX is 3434
Overall Rank
The Sharpe Ratio Rank of TAREX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of TAREX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of TAREX is 3434
Omega Ratio Rank
The Calmar Ratio Rank of TAREX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of TAREX is 3131
Martin Ratio Rank

AMT
The Risk-Adjusted Performance Rank of AMT is 6666
Overall Rank
The Sharpe Ratio Rank of AMT is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of AMT is 6262
Sortino Ratio Rank
The Omega Ratio Rank of AMT is 6060
Omega Ratio Rank
The Calmar Ratio Rank of AMT is 6868
Calmar Ratio Rank
The Martin Ratio Rank of AMT is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TAREX vs. AMT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Third Avenue Real Estate Value Fund (TAREX) and American Tower Corporation (AMT). 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.


The current TAREX Sharpe Ratio is 0.49, which is comparable to the AMT Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of TAREX and AMT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TAREX vs. AMT - Dividend Comparison

TAREX's dividend yield for the trailing twelve months is around 6.50%, more than AMT's 3.10% yield.


TTM20242023202220212020201920182017201620152014
TAREX
Third Avenue Real Estate Value Fund
6.50%6.54%5.28%8.76%9.03%0.99%18.22%11.07%6.23%1.80%5.60%3.60%
AMT
American Tower Corporation
3.10%3.53%2.99%2.77%1.78%2.02%1.64%1.99%1.84%2.05%1.87%1.42%

Drawdowns

TAREX vs. AMT - Drawdown Comparison

The maximum TAREX drawdown since its inception was -71.15%, smaller than the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for TAREX and AMT.


Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TAREX vs. AMT - Volatility Comparison

The current volatility for Third Avenue Real Estate Value Fund (TAREX) is 4.43%, while American Tower Corporation (AMT) has a volatility of 9.34%. This indicates that TAREX experiences smaller price fluctuations and is considered to be less risky than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...