WPC vs. NNN
WPC (W. P. Carey Inc.) and NNN (NNN REIT, Inc.) are both stocks. Both are in the Real Estate sector — WPC in REIT - Diversified, NNN in REIT - Retail. Over the past 10 years, WPC returned 7.19%/yr vs 4.48%/yr for NNN. At a 0.45 correlation, their price movements are largely independent.
Performance
WPC vs. NNN - Performance Comparison
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Returns By Period
In the year-to-date period, WPC achieves a 13.90% return, which is significantly lower than NNN's 19.46% return. Over the past 10 years, WPC has outperformed NNN with an annualized return of 7.19%, while NNN has yielded a comparatively lower 4.48% annualized return.
WPC
- 1D
- 1.22%
- 1M
- -2.93%
- YTD
- 13.90%
- 6M
- 15.87%
- 1Y
- 18.48%
- 3Y*
- 10.87%
- 5Y*
- 5.43%
- 10Y*
- 7.19%
NNN
- 1D
- 1.90%
- 1M
- 2.27%
- YTD
- 19.46%
- 6M
- 21.24%
- 1Y
- 12.26%
- 3Y*
- 9.71%
- 5Y*
- 4.79%
- 10Y*
- 4.48%
WPC vs. NNN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WPC W. P. Carey Inc. | 13.90% | 24.99% | -10.59% | -7.93% | 0.47% | 22.88% | -5.99% | 28.84% | 1.08% | 25.68% |
NNN NNN REIT, Inc. | 19.46% | 2.81% | -0.06% | -0.60% | -0.01% | 23.08% | -19.29% | 14.78% | 17.82% | 2.00% |
Correlation
The correlation between WPC and NNN is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 1998 | 0.45 |
Over the past year, WPC and NNN have become more correlated (0.75) than their long-term average of 0.45, meaning their price movements have been converging.
Fundamentals
WPC:
$16.02B
NNN:
$8.72B
WPC:
$2.34
NNN:
$2.05
WPC:
30.94
NNN:
22.40
WPC:
16.54
NNN:
2.54
WPC:
10.44
NNN:
9.27
WPC:
1.92
NNN:
1.98
WPC:
$1.53B
NNN:
$935.78M
WPC:
$942.27M
NNN:
$761.54M
WPC:
$1.21B
NNN:
$870.06M
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Return for Risk
WPC vs. NNN — Risk / Return Rank
WPC
NNN
WPC vs. NNN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for W. P. Carey Inc. (WPC) and NNN REIT, Inc. (NNN). 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.
| WPC | NNN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.13 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.39 | +0.52 |
| Martin ratioReturn relative to average drawdown | 5.66 | 3.20 | +2.46 |
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Drawdowns
WPC vs. NNN - Drawdown Comparison
The maximum WPC drawdown since its inception was -52.45%, smaller than the maximum NNN drawdown of -56.17%. Use the drawdown chart below to compare losses from any high point for WPC and NNN.
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Drawdown Indicators
| WPC | NNN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.45% | -56.17% | +3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -8.83% | -0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -22.03% | -5.04% |
Max Drawdown (5Y)Largest decline over 5 years | -36.81% | -25.22% | -11.59% |
Max Drawdown (10Y)Largest decline over 10 years | -52.45% | -54.99% | +2.54% |
Current DrawdownCurrent decline from peak | -5.75% | -1.22% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -9.80% | -0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 3.85% | -0.57% |
Volatility
WPC vs. NNN - Volatility Comparison
W. P. Carey Inc. (WPC) has a higher volatility of 7.24% compared to NNN REIT, Inc. (NNN) at 6.01%. This indicates that WPC's price experiences larger fluctuations and is considered to be riskier than NNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WPC | NNN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 6.01% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 11.66% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.22% | 16.81% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.78% | 19.67% | +1.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.86% | 28.11% | -2.25% |
Dividends
WPC vs. NNN - Dividend Comparison
WPC's dividend yield for the trailing twelve months is around 5.06%, less than NNN's 5.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NNN NNN REIT, Inc. | 5.22% | 5.96% | 5.61% | 5.17% | 4.72% | 4.37% | 5.06% | 3.79% | 4.02% | 4.31% | 4.03% | 4.27% |
WPC W. P. Carey Inc. | 5.06% | 5.62% | 6.41% | 7.93% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 7.26% | 6.65% | 6.48% |
Financials
WPC vs. NNN - Financials Comparison
This section allows you to compare key financial metrics between W. P. Carey Inc. and NNN REIT, 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
Frequently Asked Questions
WPC and NNN have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WPC has higher volatility (7.24%) compared to NNN (6.01%). In terms of maximum drawdown, WPC dropped -52.45% vs NNN's -56.17%.
WPC currently has the higher Sharpe Ratio (1.08 vs 0.74), 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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