WELL vs. ALL

Last updated Jun 13, 2026

WELL (Welltower Inc.) and ALL (The Allstate Corporation) are both stocks. WELL operates in REIT - Healthcare Facilities (Real Estate), while ALL operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, WELL returned 15.50%/yr vs 15.27%/yr for ALL. At a 0.35 correlation, their price movements are largely independent.

Performance

WELL vs. ALL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Welltower Inc. (WELL) and The Allstate Corporation (ALL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WELL achieves a 16.22% return, which is significantly higher than ALL's 7.58% return. Both investments have delivered pretty close results over the past 10 years, with WELL having a 15.50% annualized return and ALL not far behind at 15.27%.

WELL

• 1D: 1.69%
• 1M: -1.62%
• YTD: 16.22%
• 6M: 15.53%
• 1Y: 42.73%
• 3Y*: 40.64%
• 5Y*: 24.91%
• 10Y*: 15.50%

ALL

• 1D: 0.94%
• 1M: 2.93%
• YTD: 7.58%
• 6M: 8.08%
• 1Y: 13.66%
• 3Y*: 27.76%
• 5Y*: 13.66%
• 10Y*: 15.27%

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

WELL vs. ALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WELL Welltower Inc.	16.22%	49.86%	43.07%	41.79%	-21.18%	36.98%	-17.19%	23.04%	15.31%	0.22%
ALL The Allstate Corporation	7.58%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	-19.52%	43.64%

Correlation

The correlation between WELL and ALL 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	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Jan 2, 2001	0.35

The correlation between WELL and ALL shifts across timeframes, from 0.19 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap WELL : $155.59B ALL : $58.20B
EPS WELL : $2.02 ALL : $45.76
PE Ratio WELL : 106.16 ALL : 4.84
PEG Ratio WELL : 2.35 ALL : 0.13
PS Ratio WELL : 12.85 ALL : 0.88
PB Ratio WELL : 3.55 ALL : 1.97
Total Revenue (TTM) WELL : $11.63B ALL : $67.14B
Gross Profit (TTM) WELL : $3.25B ALL : $19.06B
EBITDA (TTM) WELL : $3.00B ALL : $13.09B

Return for Risk

WELL vs. ALL — Risk / Return Rank

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

WELL

WELL Risk / Return Rank: 87
WELL Sharpe Ratio Rank: 90
WELL Sortino Ratio Rank: 86
WELL Omega Ratio Rank: 86
WELL Calmar Ratio Rank: 87
WELL Martin Ratio Rank: 86

ALL

ALL Risk / Return Rank: 60
ALL Sharpe Ratio Rank: 62
ALL Sortino Ratio Rank: 54
ALL Omega Ratio Rank: 53
ALL Calmar Ratio Rank: 66
ALL Martin Ratio Rank: 67

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.

WELL vs. ALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Welltower Inc. (WELL) and The Allstate Corporation (ALL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WELL	ALL	Difference
Sharpe ratio: Return per unit of total volatility	2.01	0.55	+1.46
Sortino ratio: Return per unit of downside risk	2.66	0.90	+1.76
Omega ratio: Gain probability vs. loss probability	1.34	1.11	+0.23
Calmar ratio: Return relative to maximum drawdown	3.44	1.13	+2.32
Martin ratio: Return relative to average drawdown	8.47	2.90	+5.57

WELL vs. ALL - Sharpe Ratio Comparison

The current WELL Sharpe Ratio is 2.01, which is higher than the ALL Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of WELL and ALL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WELL vs. ALL - Drawdown Comparison

The maximum WELL drawdown since its inception was -63.33%, smaller than the maximum ALL drawdown of -77.03%. Use the drawdown chart below to compare losses from any high point for WELL and ALL.

Drawdown Indicators

	WELL	ALL	Difference
Max Drawdown Largest peak-to-trough decline	-63.33%	-77.03%	+13.70%
Max Drawdown (1Y) Largest decline over 1 year	-12.61%	-11.48%	-1.13%
Max Drawdown (3Y) Largest decline over 3 years	-12.99%	-14.11%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	-40.78%	-27.35%	-13.43%
Max Drawdown (10Y) Largest decline over 10 years	-63.33%	-41.39%	-21.94%
Current Drawdown Current decline from peak	-2.68%	-0.79%	-1.89%
Average Drawdown Average peak-to-trough decline	-10.31%	-16.43%	+6.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	4.46%	+0.65%

Volatility

WELL vs. ALL - Volatility Comparison

Welltower Inc. (WELL) has a higher volatility of 9.54% compared to The Allstate Corporation (ALL) at 8.80%. This indicates that WELL's price experiences larger fluctuations and is considered to be riskier than ALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WELL	ALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.54%	8.80%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	17.14%	17.29%	-0.15%
Volatility (1Y) Calculated over the trailing 1-year period	21.65%	23.73%	-2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.82%	25.46%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.90%	24.95%	+6.95%

Dividends

WELL vs. ALL - Dividend Comparison

WELL's dividend yield for the trailing twelve months is around 1.38%, less than ALL's 1.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALL The Allstate Corporation	1.88%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%
WELL Welltower Inc.	1.38%	1.52%	2.03%	2.71%	3.72%	2.84%	4.18%	4.26%	5.01%	5.46%	5.14%	4.85%

Financials

WELL vs. ALL - Profitability Comparison

The chart below illustrates the profitability comparison between Welltower Inc. and The Allstate Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WELL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported a gross profit of 0.00 and revenue of 3.35B. Therefore, the gross margin over that period was 0.0%.

ALL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a gross profit of 0.00 and revenue of 16.94B. Therefore, the gross margin over that period was 0.0%.

WELL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported an operating income of 752.32M and revenue of 3.35B, resulting in an operating margin of 22.4%.

ALL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported an operating income of 0.00 and revenue of 16.94B, resulting in an operating margin of 0.0%.

WELL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Welltower Inc. reported a net income of 728.67M and revenue of 3.35B, resulting in a net margin of 21.7%.

ALL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Allstate Corporation reported a net income of 2.46B and revenue of 16.94B, resulting in a net margin of 14.5%.

Frequently Asked Questions

Can I hold both WELL and ALL in my portfolio?

WELL and ALL 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, WELL or ALL?

WELL has higher volatility (9.54%) compared to ALL (8.80%). In terms of maximum drawdown, WELL dropped -63.33% vs ALL's -77.03%.

Which has better risk-adjusted returns?

WELL currently has the higher Sharpe Ratio (2.01 vs 0.55), 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.