SAFE vs KREF-P-A

Comparison between Safehold Inc (SAFE, Company) and KKR Real Estate Finance Trust Inc 6.50 Series A Cumulative Redeemable Preferred Stock (KREF-P-A, Company).

5-Year PerformanceKREF-P-A has outperformed SAFE, delivering a return of +0.5% compared to -24.9%

SAFE vs KREF-P-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAFE(COMPANY)	KREF-P-A(COMPANY)
Market Cap	$1.13B	$1.13B
Max Drawdown	86.48%	42.21%
Sharpe Ratio	0.21	-0.16
5Y Beta	0.66	0.17
Industry	Reit - Diversified	N/A
P/E Ratio	9.92	-11.57
Forward P/E	9.48	N/A
PEG Ratio	1.13	N/A
Dividend Yield	4.47%	N/A
5Y Dividends CAGR	6.41%	50.13%
Debt to Equity	193.42%	0.00%
Free Cash Flow Yield	2.68%	6.14%
P/S Ratio	2.75	N/A
P/B Ratio	0.47	N/A

Market Cap

SAFE

$1.13B

Winner

KREF-P-A

$1.13B

Max Drawdown

SAFE

86.48%

Winner

KREF-P-A

42.21%

Sharpe Ratio

Winner

SAFE

0.21

KREF-P-A

-0.16

5Y Beta

SAFE

0.66

Winner

KREF-P-A

0.17

Industry

SAFE

Reit - Diversified

KREF-P-A

N/A

P/E Ratio

SAFE

9.92

Winner

KREF-P-A

-11.57

Forward P/E

SAFE

9.48

KREF-P-A

N/A

PEG Ratio

SAFE

1.13

KREF-P-A

N/A

Dividend Yield

SAFE

4.47%

KREF-P-A

N/A

5Y Dividends CAGR

SAFE

6.41%

Winner

KREF-P-A

50.13%

Debt to Equity

SAFE

193.42%

Winner

KREF-P-A

0.00%

Free Cash Flow Yield

SAFE

2.68%

Winner

KREF-P-A

6.14%

P/S Ratio

SAFE

2.75

KREF-P-A

N/A

P/B Ratio

SAFE

0.47

KREF-P-A

N/A

SAFE vs KREF-P-A - Historical Returns

Returns include dividend reinvestment.

Period	SAFE	KREF-P-A
1 month	+3.81%	-0.17%
3 months	+8.74%	+3.62%
6 months	+15.07%	+1.54%
1 year	+5.72%	+0.79%
5 years(CAGR)	-24.89%	+0.52%
10 years(CAGR)	+0.57%	N/A
Max(CAGR)	+0.57%	+0.64%

Winner

SAFE

+3.81%

KREF-P-A

-0.17%

Winner

SAFE

+8.74%

KREF-P-A

+3.62%

Winner

SAFE

+15.07%

KREF-P-A

+1.54%

Winner

SAFE

+5.72%

KREF-P-A

+0.79%

5Y(CAGR)

SAFE

-24.89%

Winner

KREF-P-A

+0.52%

10Y(CAGR)

SAFE

+0.57%

KREF-P-A

N/A

Max(CAGR)

SAFE

+0.57%

Winner

KREF-P-A

+0.64%

SAFE vs KREF-P-A - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	SAFE	KREF-P-A
2026	+17.51%	+1.98%
2025	-23.38%	+1.73%
2024	-19.31%	+13.92%
2023	-16.41%	+15.59%
2022	-63.51%	-30.90%
2021	+14.02%	+2.00%
2020	+85.78%	N/A
2019	+123.56%	N/A
2018	+8.25%	N/A
2017	-5.76%	N/A

SAFE vs KREF-P-A 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 KREF-P-A was -34.92%, occurring on Dec 28, 2022. Recovery took 802 trading sessions.

The current SAFE drawdown is -80.57%. The current KREF-P-A drawdown is -10.79%.

Rank	SAFE	KREF-P-A
#1	-84.72% Aug 5, 2021 - Nov 20, 2025	-34.92% Jun 30, 2021 - Sep 9, 2024
#2	-36.80% Mar 5, 2020 - Jun 17, 2020	-19.07% Sep 16, 2024 - Apr 15, 2025
#3	-26.78% Jun 17, 2020 - Oct 12, 2020	-2.86% Apr 26, 2021 - Jun 10, 2021
#4	-20.49% Feb 16, 2021 - Jul 12, 2021	-0.41% Jun 22, 2021 - Jun 30, 2021
#5	-19.14% Jul 21, 2017 - Jun 5, 2018	-0.04% Jun 11, 2021 - Jun 15, 2021
#6	-18.87% Jul 29, 2019 - Oct 4, 2019	N/A
#7	-18.30% Jul 5, 2018 - Nov 29, 2018	N/A
#8	-15.34% Nov 29, 2018 - Feb 22, 2019	N/A
#9	-9.76% Dec 5, 2019 - Jan 21, 2020	N/A
#10	-9.73% Oct 23, 2020 - Dec 15, 2020	N/A
#11	-9.32% Jun 4, 2019 - Jul 3, 2019	N/A
#12	-6.57% May 22, 2019 - Jun 4, 2019	N/A
#13	-5.41% Dec 17, 2020 - Dec 24, 2020	N/A
#14	-5.36% Oct 30, 2019 - Nov 13, 2019	N/A
#15	-5.29% Jan 26, 2021 - Feb 5, 2021	N/A