EQX vs ARE

Comparison between Equinox Gold Corp (EQX, Company) and Alexandria Real Estate Equities Inc (ARE, Company).

EQX is from the Basic Materials sector, while ARE is from the Real Estate sector.

5-Year PerformanceEQX has outperformed ARE, delivering a return of +6.0% compared to -19.1%

EQX vs ARE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EQX(COMPANY)	ARE(COMPANY)
Market Cap	$8.68B	$8.71B
Max Drawdown	81.06%	81.93%
Sharpe Ratio	1.08	-0.46
5Y Beta	0.87	0.80
Industry	Gold	Reit - Office
P/E Ratio	12.57	719.92
Forward P/E	7.86	16.69
PEG Ratio	2.62	N/A
Dividend Yield	0.15%	7.88%
5Y Dividends CAGR	N/A	4.66%
5Y EPS CAGR	64.99%	-56.32%
Debt to Equity	10.04%	79.57%
Free Cash Flow Yield	0.78%	16.11%

Market Cap

EQX

$8.68B

Winner

ARE

$8.71B

Max Drawdown

Winner

EQX

81.06%

ARE

81.93%

Sharpe Ratio

Winner

EQX

1.08

ARE

-0.46

5Y Beta

EQX

0.87

Winner

ARE

0.80

Industry

EQX

Gold

ARE

Reit - Office

P/E Ratio

Winner

EQX

12.57

ARE

719.92

Forward P/E

Winner

EQX

7.86

ARE

16.69

PEG Ratio

EQX

2.62

ARE

N/A

Dividend Yield

EQX

0.15%

Winner

ARE

7.88%

5Y Dividends CAGR

EQX

N/A

ARE

4.66%

5Y EPS CAGR

Winner

EQX

64.99%

ARE

-56.32%

Debt to Equity

Winner

EQX

10.04%

ARE

79.57%

Free Cash Flow Yield

EQX

0.78%

Winner

ARE

16.11%

EQX vs ARE - Historical Returns

Returns include dividend reinvestment.

Period	EQX	ARE
1 month	-18.62%	+9.32%
3 months	-21.59%	+7.27%
6 months	-23.45%	+7.42%
1 year	+69.06%	-23.27%
5 years(CAGR)	+6.00%	-19.13%
10 years(CAGR)	N/A	-2.94%
Max(CAGR)	+12.13%	+5.93%

EQX

-18.62%

Winner

ARE

+9.32%

EQX

-21.59%

Winner

ARE

+7.27%

EQX

-23.45%

Winner

ARE

+7.42%

Winner

EQX

+69.06%

ARE

-23.27%

5Y(CAGR)

Winner

EQX

+6.00%

ARE

-19.13%

10Y(CAGR)

EQX

N/A

ARE

-2.94%

Max(CAGR)

Winner

EQX

+12.13%

ARE

+5.93%

EQX vs ARE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EQX	ARE
2026	-23.12%	+5.82%
2025	+164.41%	-46.57%
2024	+6.81%	-21.07%
2023	+36.59%	-8.19%
2022	-50.75%	-31.68%
2021	-39.10%	+33.67%
2020	+31.89%	+14.57%
2019	+109.52%	+49.03%
2018	-12.75%	-8.55%
2017	N/A	+21.55%
2016	N/A	+28.69%
2015	N/A	+4.07%
2014	N/A	+44.49%
2013	N/A	-6.29%
2012	N/A	+3.73%
2011	N/A	-4.94%
2010	N/A	+17.81%
2009	N/A	+14.72%
2008	N/A	-39.21%
2007	N/A	+3.95%
2006	N/A	+25.64%
2005	N/A	+14.37%
2004	N/A	+33.99%
2003	N/A	+43.62%
2002	N/A	+9.02%
2001	N/A	+16.49%
2000	N/A	+23.77%
1999	N/A	+10.68%

EQX vs ARE Drawdown Comparison

The maximum drawdown for EQX was -81.06%, occurring on Nov 3, 2022. Recovery took 1326 trading sessions.

The maximum drawdown for ARE was -77.96%, occurring on Apr 28, 2026. This drawdown has not yet recovered.

The current EQX drawdown is -43.86%. The current ARE drawdown is -72.17%.

Rank	EQX	ARE
#1	-81.06% Aug 18, 2020 - Nov 26, 2025	-77.96% Dec 30, 2021 - Apr 28, 2026
#2	-48.02% Feb 27, 2026 - Jun 10, 2026	-71.87% Sep 19, 2008 - Jan 7, 2015
#3	-42.99% Feb 21, 2020 - Jun 1, 2020	-34.31% Feb 14, 2020 - Jul 28, 2020
#4	-27.76% Aug 7, 2018 - Mar 8, 2019	-27.66% Mar 20, 2015 - May 25, 2016
#5	-25.49% Mar 25, 2019 - Jun 20, 2019	-22.89% Feb 8, 2007 - Aug 11, 2008
#6	-19.74% Jan 28, 2026 - Feb 23, 2026	-20.94% Jun 28, 2002 - Jul 8, 2003
#7	-19.19% Aug 26, 2019 - Dec 18, 2019	-19.97% Feb 11, 2004 - Aug 24, 2004
#8	-16.64% Jun 20, 2019 - Aug 5, 2019	-15.30% Dec 18, 2017 - Jan 30, 2019
#9	-9.18% Jan 15, 2020 - Feb 14, 2020	-14.65% Dec 31, 2004 - Jun 15, 2005
#10	-8.77% Aug 5, 2019 - Aug 20, 2019	-14.21% Aug 11, 2000 - Nov 30, 2000
#11	-8.05% Dec 22, 2025 - Jan 20, 2026	-14.10% Jul 31, 2020 - Dec 16, 2020
#12	-6.89% Jun 1, 2020 - Jun 8, 2020	-13.56% Mar 17, 2006 - Aug 4, 2006
#13	-6.49% Aug 6, 2020 - Aug 17, 2020	-11.35% Dec 31, 2020 - Apr 20, 2021
#14	-6.39% Dec 12, 2025 - Dec 22, 2025	-10.90% Aug 21, 2001 - Nov 23, 2001
#15	-5.42% Jul 9, 2020 - Jul 22, 2020	-10.37% Sep 7, 2016 - Jan 4, 2017

Correlation

Correlation between EQX and ARE is -0.29 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.29

-101

Dividend Comparison (1999 - 2026)

EQX vs ARE dividend yield comparison.

Year	EQX	ARE
2026	0.29%	1.41%
2025	0.00%	9.56%
2024	0.00%	5.32%
2023	0.00%	3.91%
2022	0.00%	3.24%
2021	0.00%	2.01%
2020	0.00%	2.38%
2019	0.00%	2.48%
2018	0.00%	3.24%
2017	0.00%	2.64%
2016	0.00%	2.91%
2015	0.00%	3.38%
2014	0.00%	3.25%
2013	0.00%	4.10%
2012	0.00%	3.02%
2011	0.00%	2.70%
2010	0.00%	2.05%
2009	0.00%	2.88%
2008	0.00%	5.27%
2007	0.00%	2.99%
2006	0.00%	2.85%
2005	0.00%	3.38%
2004	0.00%	3.39%
2003	0.00%	3.80%
2002	0.00%	5.77%
2001	0.00%	4.40%
2000	0.00%	3.47%
1999	0.00%	1.35%