Artis Real Estate Investment Trust

10-Year Study

AX-UN.TO · Real Estate · CA · Common Stock

Executive Summary: Artis Real Estate Investment Trust has compounded at 4.0% annually over the last 10 years, with a maximum drawdown of 50.4% and an annualized volatility of 38.4%.

1Y CAGR
+42.1%
3Y CAGR
+19.9%
5Y CAGR
+4.6%
10Y CAGR
+4.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
50.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.14
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.18
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +35.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -29.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202623.0-12.10.08.8————————17.8%
20254.61.30.9-5.70.16.8-1.7-2.1-12.3-2.49.721.418.4%
2024-1.1-13.114.82.50.6-0.96.47.312.1-2.51.0-4.721.2%
20236.0-3.8-15.7-6.8-0.64.8-3.21.4-7.0-3.90.39.0-20.0%
20222.27.40.90.70.8-10.3-0.4-4.9-13.61.1-2.4-0.4-18.9%
2021-2.18.7-3.20.72.91.25.2-1.4-1.03.5-5.011.121.3%
2020-0.62.7-33.410.1-16.54.84.811.8-8.65.529.1-0.1-4.8%
201911.04.84.7-5.713.4-0.90.86.61.8-1.1-4.41.135.0%
20180.3-2.40.4-0.81.3-2.0-3.3-1.1-4.2-3.9-11.0-6.4-29.1%
2017-2.96.92.53.3-2.80.60.51.80.75.92.00.620.4%
2016———5.1-0.42.51.8-6.6-1.3-4.91.58.45.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 38.4%. The dominant macroeconomic risk driver is SHV.US, accounting for 51.6% of variance. Idiosyncratic stock-specific factors contribute 19.2%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110514.44857318085
2016-05-0110474.704474668399
2016-06-0110738.121865868177
2016-07-0110929.206200319877
2016-08-0110207.438940798733
2016-09-0110076.722344480922
2016-10-019587.286698654354
2016-11-019727.202761042367
2016-12-0110545.474223456835
2017-01-0110237.682937094894
2017-02-0110940.87088278798
2017-03-0111218.538427312194
2017-04-0111591.86839352069
2017-05-0111267.842755270152
2017-06-0111337.470086703464
2017-07-0111389.11937660089
2017-08-0111598.78302488065
2017-09-0111678.090840217901
2017-10-0112366.607741982034
2017-11-0112615.895234315813
2017-12-0112697.127120988012
2018-01-0112733.203458518225
2018-02-0112424.750772634896
2018-03-0112480.127950743774
2018-04-0112379.474969034476
2018-05-0112536.647546207778
2018-06-0112285.015091934534
2018-07-0111882.34303786813
2018-08-0111750.00300636146
2018-09-0111254.374255925539
2018-10-0110814.60370143223
2018-11-019623.30290895535
2018-12-019008.501990211287
2019-01-019998.496819269576
2019-02-0110473.562057313275
2019-03-0110970.453479562757
2019-04-0110343.326478829205
2019-05-0111726.854023112906
2019-06-0111622.473153192155
2019-07-0111717.654557042702
2019-08-0112485.599528602523
2019-09-0112711.617783229314
2019-10-0112576.511899178662
2019-11-0112023.702153757351
2019-12-0112161.032745289032
2020-01-0112093.930757482836
2020-02-0112417.17474175355
2020-03-018265.088928172014
2020-04-019097.249780535614
2020-05-017591.964597087437
2020-06-017953.8703897447
2020-07-018338.083384441477
2020-08-019318.09709344974
2020-09-018512.632730858497
2020-10-018978.55863006121
2020-11-0111588.741777601406
2020-12-0111574.070733672452
2021-01-0111330.495328114292
2021-02-0112319.107230900585
2021-03-0111925.39413398752
2021-04-0112014.081797082628
2021-05-0112357.708912057917
2021-06-0112502.01426217877
2021-07-0113148.742739637073
2021-08-0112969.082578736608
2021-09-0112843.957814735983
2021-10-0113295.513306155826
2021-11-0112634.895438748392
2021-12-0114039.467513258054
2022-01-0114346.236636723306
2022-02-0115408.925285904976
2022-03-0115550.645165169499
2022-04-0115657.791887634234
2022-05-0115789.951537453251
2022-06-0114158.459299878543
2022-07-0114099.835251391945
2022-08-0113409.815168897389
2022-09-0111589.102540976708
2022-10-0111722.16409923398
2022-11-0111440.107266976922
2022-12-0111389.179503830104
2023-01-0112071.322919297234
2023-02-0111613.27368712195
2023-03-019787.029354113305
2023-04-019118.053801844704
2023-05-019066.464639176496
2023-06-019498.057890496291
2023-07-019195.858436451532
2023-08-019327.537068436814
2023-09-018673.232560097165
2023-10-018338.8650384213
2023-11-018365.200764818355
2023-12-019116.249984968194
2024-01-019018.062219656795
2024-02-017836.742547229939
2024-03-018998.099979556742
2024-04-019223.757470808232
2024-05-019282.14101037796
2024-06-019196.579963202135
2024-07-019787.570499176258
2024-08-0110500.799692148588
2024-09-0111773.633007443752
2024-10-0111477.386149091477
2024-11-0111597.279844150224
2024-12-0111046.87518789759
2025-01-0111557.295236720902
2025-02-0111708.154454826414
2025-03-0111815.601813437233
2025-04-0111142.176846206572
2025-05-0111157.148526281613
2025-06-0111918.359248169127
2025-07-0111714.948831727936
2025-08-0111463.376504683913
2025-09-0110058.022776194428
2025-10-019820.580348016401
2025-11-0110772.153877605013
2025-12-0113076.048919513692
2026-01-0116090.046538475415
2026-02-0114141.92431184386
2026-03-0114147.937034765566
2026-04-0115398.583402479646
Annual Return Matrix
YearAnnual Return
20170.20403566989383437
2018-0.29050863991741294
20190.3499506087142248
2020-0.04826580307038142
20210.21301034323326018
2022-0.1887741117620858
2023-0.1995692067279773
20240.21177844027015613
20250.18368757654102597
20260.1776174513617783
Total Factor Risk
0.3843756436813656
VTI.US Exposure
0.015878588474460605
VEA.US Exposure
-0.00815341352710333
VWO.US Exposure
0.013244714290856077
QQQ.US Exposure
0.033612869232054296
VTV.US Exposure
0.09461818311707008
IJR.US Exposure
0.015883652385051936
QUAL.US Exposure
-0.015147079209649762
SHV.US Exposure
0.516405303358811
TLT.US Exposure
-0.001516871695786355
LQD.US Exposure
0.006569957658645735
HYG.US Exposure
0.07826748182322851
GLD.US Exposure
-0.001436741620592669
USO.US Exposure
-0.0016108174360891345
VNQ.US Exposure
0.007020361393220101
BTC-USD.CC Exposure
0.0007411289768031969
CPER.US Exposure
0.006524132368783254
VIX.INDX Exposure
-0.008233542001450185
UUP.US Exposure
-0.0014073158714392
TIP.US Exposure
0.05705290519746935
Idiosyncratic Exposure
0.1916865030856566
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
78.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
38.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →6.52%
Market Cap$846.4M
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$192
Avg Yield on Cost
0.96%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2025$30.060.30%Solid
2026$162.341.62%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+8.7%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+26.7%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
14.6% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.67
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Artis Real Estate Investment Trust a high-risk investment?

Artis Real Estate Investment Trust (AX-UN.TO) has an annualized volatility of 38.4% and experienced a maximum drawdown of 50.4% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of AX-UN.TO?

Over the past 10 years, AX-UN.TO has generated a Compound Annual Growth Rate (CAGR) of 4.0%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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