MetaCap

TPG RE Finance (TRTX) vs Chiron Real Estate (XRN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Chiron Real Estate (XRN) has outperformed TPG RE Finance (TRTX) over the past year, gaining 9.9% versus a loss of 30.5%. Over five years, TRTX leads with a -53.6% price change compared with -57.0% for XRN. Chiron Real Estate is the larger company by market cap ($493.8 million vs $457.5 million), about 1.1 times the size.

On valuation, Chiron Real Estate trades at a lower trailing P/E (9.2x vs 11.0x for TPG RE Finance). TPG RE Finance offers the higher dividend yield (16.11% vs 6.69%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

TRTX-30.54%XRN+9.89%
+25%-4%-33%
Oct 7, 20251 yearOct 7, 2026
TRTX-53.03%XRN-54.89%
+22%-21%-63%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

TRTX versus XRN key metrics
MetricTRTXXRN
Share price$5.96$34.10
Market cap$457.54M$493.77M
1-day change-1.49%-0.53%
YTD return-30.78%+1.07%
1-year return-30.54%+9.89%
5-year return-53.58%-56.97%
P/E ratio (TTM)11.049.22
Forward P/E5.41—
EPS (TTM)$0.54$3.70
Dividend yield16.11%6.69%
Annual dividend$0.96$2.28
52-week high$9.37$38.65
52-week low$5.85$29.05
Distance from 52-week high-36.39%-11.77%
Analyst consensusnonenone
Avg. price target upside+65.77%+13.08%
Average volume903.28K91.78K
Shares outstanding76.77M13.24M
Employees—30
SectorReal EstateReal Estate
IndustryREIT - MortgageREIT - Healthcare Facilities

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • XRN has outperformed TRTX by 40.4 percentage points over the past year.
  • TPG RE Finance offers a meaningfully higher dividend yield (16.11% vs 6.69%).

About TPG RE Finance

TRTX stock →

TPG RE Finance Trust, Inc., a commercial real estate finance company, originates and acquires a portfolio of commercial real estate-related assets in the United States. It engages in directly originating and selectively acquiring first mortgage loans secured by commercial real estate properties; and invests in other commercial real estate-related debt instruments, including subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments.

Real Estate · REIT - Mortgage

About Chiron Real Estate

XRN stock →

Chiron is a real estate investment trust focused on investing in the future of healthcare. At Chiron we strive to deliver value at the intersection of care, capital and real estate.

Real Estate · REIT - Healthcare Facilities · 30 employees

TRTX vs XRN FAQ

Which is bigger, TPG RE Finance or Chiron Real Estate?

Chiron Real Estate (XRN) is larger, with a market capitalization of $493.77M compared with $457.54M for TPG RE Finance (TRTX).

Which stock has performed better over the past year, TRTX or XRN?

XRN returned +9.89% over the past 12 months, compared with -30.54% for TRTX (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, TRTX or XRN?

XRN has the lower trailing P/E at 9.2, versus 11.0 for TRTX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, TPG RE Finance or Chiron Real Estate?

TPG RE Finance has the higher yield at 16.11%, compared with 6.69% for Chiron Real Estate.

Are TPG RE Finance and Chiron Real Estate in the same industry?

Both are in the Real Estate sector, but in different industries: REIT - Mortgage for TPG RE Finance and REIT - Healthcare Facilities for Chiron Real Estate.

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