AHR vs. FDL

Last updated Apr 1, 2026

Compare and contrast key facts about American Healthcare REIT, Inc. (AHR) and First Trust Morningstar Dividend Leaders Index Fund (FDL).

FDL is a passively managed fund by First Trust that tracks the performance of the Morningstar Dividend Leaders Index. It was launched on Mar 9, 2006.

Performance

AHR vs. FDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Healthcare REIT, Inc. (AHR) and First Trust Morningstar Dividend Leaders Index Fund (FDL). The values are adjusted to include any dividend payments, if applicable.

AHR vs. FDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AHR American Healthcare REIT, Inc.	0.75%	70.03%	126.69%
FDL First Trust Morningstar Dividend Leaders Index Fund	15.49%	14.79%	17.30%

Returns By Period

In the year-to-date period, AHR achieves a 0.75% return, which is significantly lower than FDL's 15.49% return.

AHR

• 1D: 1.03%
• 1M: -9.24%
• YTD: 0.75%
• 6M: 13.45%
• 1Y: 59.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDL

• 1D: 0.43%
• 1M: 0.01%
• YTD: 15.49%
• 6M: 19.42%
• 1Y: 21.84%
• 3Y*: 18.00%
• 5Y*: 14.12%
• 10Y*: 11.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AHR vs. FDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AHR

AHR Risk / Return Rank: 94
AHR Sharpe Ratio Rank: 94
AHR Sortino Ratio Rank: 93
AHR Omega Ratio Rank: 92
AHR Calmar Ratio Rank: 94
AHR Martin Ratio Rank: 95

FDL

FDL Risk / Return Rank: 79
FDL Sharpe Ratio Rank: 81
FDL Sortino Ratio Rank: 82
FDL Omega Ratio Rank: 79
FDL Calmar Ratio Rank: 77
FDL Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AHR vs. FDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Healthcare REIT, Inc. (AHR) and First Trust Morningstar Dividend Leaders Index Fund (FDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AHR	FDL	Difference
Sharpe ratio Return per unit of total volatility	2.40	1.47	+0.93
Sortino ratio Return per unit of downside risk	3.11	2.06	+1.06
Omega ratio Gain probability vs. loss probability	1.43	1.29	+0.14
Calmar ratio Return relative to maximum drawdown	5.10	1.96	+3.14
Martin ratio Return relative to average drawdown	16.23	7.63	+8.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AHR vs. FDL - Sharpe Ratio Comparison

The current AHR Sharpe Ratio is 2.40, which is higher than the FDL Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of AHR and FDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AHR	FDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	1.47	+0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.39	0.46	+2.93

Correlation

The correlation between AHR and FDL is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AHR vs. FDL - Dividend Comparison

AHR's dividend yield for the trailing twelve months is around 2.12%, less than FDL's 3.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AHR American Healthcare REIT, Inc.	2.12%	2.12%	3.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FDL First Trust Morningstar Dividend Leaders Index Fund	3.61%	4.04%	4.96%	4.58%	3.58%	4.59%	4.48%	3.75%	3.97%	3.18%	2.93%	3.65%

Drawdowns

AHR vs. FDL - Drawdown Comparison

The maximum AHR drawdown since its inception was -11.86%, smaller than the maximum FDL drawdown of -65.93%. Use the drawdown chart below to compare losses from any high point for AHR and FDL.

Drawdown Indicators

	AHR	FDL	Difference
Max Drawdown Largest peak-to-trough decline	-11.86%	-65.93%	+54.07%
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	-11.58%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.40%	—
Current Drawdown Current decline from peak	-10.86%	-0.10%	-10.76%
Average Drawdown Average peak-to-trough decline	-2.66%	-9.73%	+7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	3.10%	+0.60%

Volatility

AHR vs. FDL - Volatility Comparison

American Healthcare REIT, Inc. (AHR) has a higher volatility of 7.52% compared to First Trust Morningstar Dividend Leaders Index Fund (FDL) at 2.56%. This indicates that AHR's price experiences larger fluctuations and is considered to be riskier than FDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AHR	FDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.52%	2.56%	+4.96%
Volatility (6M) Calculated over the trailing 6-month period	16.74%	8.16%	+8.58%
Volatility (1Y) Calculated over the trailing 1-year period	24.84%	14.96%	+9.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.31%	14.31%	+12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.31%	17.09%	+9.22%