SAFE vs GOODN

Comparison between Safehold Inc (SAFE, Company) and Gladstone Commercial Corp (GOODN, Company).

Both SAFE and GOODN are from the Real Estate sector.

5-Year PerformanceGOODN has outperformed SAFE, delivering a return of +4.2% compared to -24.0%

SAFE vs GOODN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAFE(COMPANY)	GOODN(COMPANY)
Market Cap	$1.08B	$1.08B
Max Drawdown	86.48%	56.43%
Sharpe Ratio	0.24	0.16
5Y Beta	0.67	0.08
Industry	Reit - Diversified	Reit - Diversified
P/E Ratio	9.43	54.45
Forward P/E	8.80	N/A
PEG Ratio	1.07	N/A
Dividend Yield	4.66%	5.32%
5Y Dividends CAGR	6.41%	1.61%
5Y EPS CAGR	N/A	-0.99%
Debt to Equity	193.42%	491.04%
Free Cash Flow Yield	2.82%	8.19%
P/S Ratio	2.59	N/A
P/B Ratio	0.44	N/A

Market Cap

SAFE

$1.08B

Winner

GOODN

$1.08B

Max Drawdown

SAFE

86.48%

Winner

GOODN

56.43%

Sharpe Ratio

Winner

SAFE

0.24

GOODN

0.16

5Y Beta

SAFE

0.67

Winner

GOODN

0.08

Industry

SAFE

Reit - Diversified

GOODN

Reit - Diversified

P/E Ratio

Winner

SAFE

9.43

GOODN

54.45

Forward P/E

SAFE

8.80

GOODN

N/A

PEG Ratio

SAFE

1.07

GOODN

N/A

Dividend Yield

SAFE

4.66%

Winner

GOODN

5.32%

5Y Dividends CAGR

Winner

SAFE

6.41%

GOODN

1.61%

5Y EPS CAGR

SAFE

N/A

GOODN

-0.99%

Debt to Equity

Winner

SAFE

193.42%

GOODN

491.04%

Free Cash Flow Yield

SAFE

2.82%

Winner

GOODN

8.19%

P/S Ratio

SAFE

2.59

GOODN

N/A

P/B Ratio

SAFE

0.44

GOODN

N/A

SAFE vs GOODN - Historical Returns

Returns include dividend reinvestment.

Period	SAFE	GOODN
1 month	+5.88%	+2.01%
3 months	+1.05%	+0.64%
6 months	+18.12%	+0.75%
1 year	+6.63%	+5.00%
5 years(CAGR)	-24.01%	+4.21%
10 years(CAGR)	+0.34%	N/A
Max(CAGR)	+0.34%	+5.62%

Winner

SAFE

+5.88%

GOODN

+2.01%

Winner

SAFE

+1.05%

GOODN

+0.64%

Winner

SAFE

+18.12%

GOODN

+0.75%

Winner

SAFE

+6.63%

GOODN

+5.00%

5Y(CAGR)

SAFE

-24.01%

Winner

GOODN

+4.21%

10Y(CAGR)

SAFE

+0.34%

GOODN

N/A

Max(CAGR)

SAFE

+0.34%

Winner

GOODN

+5.62%

SAFE vs GOODN - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	SAFE	GOODN
2026	+15.06%	+1.89%
2025	-23.38%	+9.29%
2024	-19.31%	+18.49%
2023	-16.41%	-0.47%
2022	-63.51%	-7.79%
2021	+14.02%	+10.69%
2020	+85.78%	+3.10%
2019	+123.56%	+6.13%
2018	+8.25%	N/A
2017	-5.76%	N/A

SAFE vs GOODN Drawdown Comparison

The maximum drawdown for SAFE was -84.72%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The maximum drawdown for GOODN was -56.43%, occurring on Mar 18, 2020. Recovery took 188 trading sessions.

The current SAFE drawdown is -80.97%. The current GOODN drawdown is -1.49%.

Rank	SAFE	GOODN
#1	-84.72% Aug 5, 2021 - Nov 20, 2025	-56.43% Feb 20, 2020 - Nov 16, 2020
#2	-36.80% Mar 5, 2020 - Jun 17, 2020	-32.74% Aug 29, 2022 - Feb 29, 2024
#3	-26.78% Jun 17, 2020 - Oct 12, 2020	-12.62% Mar 8, 2024 - Sep 19, 2024
#4	-20.49% Feb 16, 2021 - Jul 12, 2021	-12.11% Nov 17, 2020 - Aug 20, 2021
#5	-19.14% Jul 21, 2017 - Jun 5, 2018	-11.06% Nov 11, 2024 - Jun 11, 2025
#6	-18.87% Jul 29, 2019 - Oct 4, 2019	-10.26% Dec 21, 2021 - Aug 29, 2022
#7	-18.30% Jul 5, 2018 - Nov 29, 2018	-8.33% Jun 30, 2025 - Dec 5, 2025
#8	-15.34% Nov 29, 2018 - Feb 22, 2019	-5.14% Dec 12, 2025 - Mar 31, 2026
#9	-9.76% Dec 5, 2019 - Jan 21, 2020	-3.35% Sep 19, 2024 - Oct 16, 2024
#10	-9.73% Oct 23, 2020 - Dec 15, 2020	-3.10% Aug 20, 2021 - Dec 21, 2021
#11	-9.32% Jun 4, 2019 - Jul 3, 2019	-2.18% Jun 11, 2025 - Jun 30, 2025
#12	-6.57% May 22, 2019 - Jun 4, 2019	-1.94% Feb 3, 2020 - Feb 19, 2020
#13	-5.41% Dec 17, 2020 - Dec 24, 2020	-1.62% Oct 25, 2019 - Nov 18, 2019
#14	-5.36% Oct 30, 2019 - Nov 13, 2019	-1.37% Nov 18, 2019 - Dec 18, 2019
#15	-5.29% Jan 26, 2021 - Feb 5, 2021	-1.33% Oct 22, 2024 - Nov 11, 2024

Correlation

Correlation between SAFE and GOODN is -0.36 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.36

-101