UE vs. SPG
UE (Urban Edge Properties) and SPG (Simon Property Group, Inc.) are both stocks. Both are in the Real Estate sector — UE in REIT - Diversified, SPG in REIT - Retail. Over the past 10 years, UE returned 1.75%/yr vs 5.39%/yr for SPG. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
UE vs. SPG - Performance Comparison
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Returns By Period
In the year-to-date period, UE achieves a 16.61% return, which is significantly higher than SPG's 11.23% return. Over the past 10 years, UE has underperformed SPG with an annualized return of 1.75%, while SPG has yielded a comparatively higher 5.39% annualized return.
UE
- 1D
- -0.72%
- 1M
- 2.26%
- YTD
- 16.61%
- 6M
- 17.75%
- 1Y
- 26.84%
- 3Y*
- 21.34%
- 5Y*
- 6.46%
- 10Y*
- 1.75%
SPG
- 1D
- 0.01%
- 1M
- 1.01%
- YTD
- 11.23%
- 6M
- 14.33%
- 1Y
- 32.08%
- 3Y*
- 30.83%
- 5Y*
- 14.96%
- 10Y*
- 5.39%
UE vs. SPG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UE Urban Edge Properties | 16.61% | -7.17% | 21.70% | 35.31% | -22.82% | 51.71% | -28.98% | 20.91% | -32.00% | -4.02% |
SPG Simon Property Group, Inc. | 11.23% | 12.94% | 26.92% | 29.24% | -21.91% | 95.72% | -38.64% | -6.74% | 2.55% | 0.98% |
Correlation
The correlation between UE and SPG is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2015 | 0.71 |
The correlation between UE and SPG shifts across timeframes, from 0.59 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UE:
$0.85
SPG:
$17.14
UE:
25.93
SPG:
11.88
UE:
0.31
SPG:
0.47
UE:
5.84
SPG:
7.50
UE:
$486.39M
SPG:
$6.65B
UE:
$123.14M
SPG:
$5.71B
UE:
$289.08M
SPG:
$7.77B
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Return for Risk
UE vs. SPG — Risk / Return Rank
UE
SPG
UE vs. SPG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Urban Edge Properties (UE) and Simon Property Group, Inc. (SPG). 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.
| UE | SPG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.79 | -0.54 |
| Martin ratioReturn relative to average drawdown | 5.40 | 10.06 | -4.66 |
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
| UE | SPG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 1.77 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.57 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.05 | 0.15 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.38 | -0.29 |
Drawdowns
UE vs. SPG - Drawdown Comparison
The maximum UE drawdown since its inception was -71.78%, smaller than the maximum SPG drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for UE and SPG.
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Drawdown Indicators
| UE | SPG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.78% | -77.00% | +5.22% |
Max Drawdown (1Y)Largest decline over 1 year | -11.99% | -11.54% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -29.68% | -24.32% | -5.36% |
Max Drawdown (5Y)Largest decline over 5 years | -32.08% | -45.84% | +13.76% |
Max Drawdown (10Y)Largest decline over 10 years | -71.78% | -77.00% | +5.22% |
Current DrawdownCurrent decline from peak | -2.34% | -1.93% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -22.12% | -13.85% | -8.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.98% | 3.20% | +1.78% |
Volatility
UE vs. SPG - Volatility Comparison
The current volatility for Urban Edge Properties (UE) is 4.89%, while Simon Property Group, Inc. (SPG) has a volatility of 5.45%. This indicates that UE experiences smaller price fluctuations and is considered to be less risky than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UE | SPG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 5.45% | -0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 12.69% | 13.61% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.40% | 18.25% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.41% | 26.50% | -0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.51% | 37.06% | -2.55% |
Dividends
UE vs. SPG - Dividend Comparison
UE's dividend yield for the trailing twelve months is around 3.52%, less than SPG's 4.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPG Simon Property Group, Inc. | 4.25% | 4.62% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% |
UE Urban Edge Properties | 3.52% | 3.96% | 3.16% | 3.50% | 4.54% | 3.16% | 5.26% | 4.59% | 5.29% | 3.45% | 2.98% | 3.41% |
Financials
UE vs. SPG - Financials Comparison
This section allows you to compare key financial metrics between Urban Edge Properties and Simon Property Group, 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
UE vs. SPG - Profitability Comparison
UE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Urban Edge Properties reported a gross profit of 87.08M and revenue of 132.62M. Therefore, the gross margin over that period was 65.7%.
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%.
UE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Urban Edge Properties reported an operating income of 77.95M and revenue of 132.62M, resulting in an operating margin of 58.8%.
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%.
UE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Urban Edge Properties reported a net income of 24.30M and revenue of 132.62M, resulting in a net margin of 18.3%.
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%.
Frequently Asked Questions
UE and SPG have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SPG has higher volatility (5.45%) compared to UE (4.89%). In terms of maximum drawdown, UE dropped -71.78% vs SPG's -77.00%.
SPG currently has the higher Sharpe Ratio (1.77 vs 1.39), 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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