AMH vs. INVH

Last updated Apr 1, 2026

Compare and contrast key facts about American Homes 4 Rent (AMH) and Invitation Homes Inc. (INVH).

Performance

AMH vs. INVH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Homes 4 Rent (AMH) and Invitation Homes Inc. (INVH). The values are adjusted to include any dividend payments, if applicable.

AMH vs. INVH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMH American Homes 4 Rent	-12.01%	-11.12%	6.99%	22.44%	-29.46%	46.91%	15.28%	33.13%	-8.23%	-0.94%
INVH Invitation Homes Inc.	-9.49%	-9.68%	-3.13%	19.71%	-33.04%	55.58%	1.19%	52.27%	-13.10%	19.03%

Fundamentals

EPS AMH : $1.21 INVH : $0.96
PE Ratio AMH : 23.05 INVH : 25.98
PEG Ratio AMH : 0.72 INVH : 1.15
PS Ratio AMH : 7.42 INVH : 5.64
Total Revenue (TTM) AMH : $1.40B INVH : $2.70B
Gross Profit (TTM) AMH : $780.98M INVH : $1.62B
EBITDA (TTM) AMH : $948.07M INVH : $1.68B

Returns By Period

In the year-to-date period, AMH achieves a -12.01% return, which is significantly lower than INVH's -9.49% return.

AMH

• 1D: -0.04%
• 1M: -5.85%
• YTD: -12.01%
• 6M: -14.22%
• 1Y: -23.27%
• 3Y*: -0.86%
• 5Y*: -1.49%
• 10Y*: 7.67%

INVH

• 1D: 0.32%
• 1M: -4.51%
• YTD: -9.49%
• 6M: -13.29%
• 1Y: -25.64%
• 3Y*: -3.71%
• 5Y*: -2.24%
• 10Y*: —

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

Return for Risk

AMH vs. INVH — Risk / Return Rank

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

AMH

AMH Risk / Return Rank: 7
AMH Sharpe Ratio Rank: 3
AMH Sortino Ratio Rank: 6
AMH Omega Ratio Rank: 8
AMH Calmar Ratio Rank: 12
AMH Martin Ratio Rank: 9

INVH

INVH Risk / Return Rank: 7
INVH Sharpe Ratio Rank: 2
INVH Sortino Ratio Rank: 4
INVH Omega Ratio Rank: 6
INVH Calmar Ratio Rank: 10
INVH Martin Ratio Rank: 11

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.

AMH vs. INVH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Homes 4 Rent (AMH) and Invitation Homes Inc. (INVH). 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.

	AMH	INVH	Difference
Sharpe ratio Return per unit of total volatility	-1.08	-1.18	+0.11
Sortino ratio Return per unit of downside risk	-1.50	-1.66	+0.16
Omega ratio Gain probability vs. loss probability	0.83	0.81	+0.02
Calmar ratio Return relative to maximum drawdown	-0.83	-0.85	+0.03
Martin ratio Return relative to average drawdown	-1.55	-1.47	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMH vs. INVH - Sharpe Ratio Comparison

The current AMH Sharpe Ratio is -1.08, which is comparable to the INVH Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of AMH and INVH, 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

	AMH	INVH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.08	-1.18	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	-0.10	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.20	+0.09

Correlation

The correlation between AMH and INVH is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

AMH vs. INVH - Dividend Comparison

AMH's dividend yield for the trailing twelve months is around 4.41%, less than INVH's 4.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMH American Homes 4 Rent	4.41%	3.74%	2.78%	2.45%	2.39%	0.92%	0.67%	0.76%	1.01%	0.92%	0.95%	1.20%
INVH Invitation Homes Inc.	4.75%	4.21%	3.53%	3.87%	2.97%	1.50%	2.02%	1.74%	2.19%	0.93%	0.00%	0.00%

Drawdowns

AMH vs. INVH - Drawdown Comparison

The maximum AMH drawdown since its inception was -38.40%, smaller than the maximum INVH drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for AMH and INVH.

Drawdown Indicators

	AMH	INVH	Difference
Max Drawdown Largest peak-to-trough decline	-38.40%	-50.54%	+12.14%
Max Drawdown (1Y) Largest decline over 1 year	-27.63%	-29.15%	+1.52%
Max Drawdown (5Y) Largest decline over 5 years	-31.84%	-38.44%	+6.60%
Max Drawdown (10Y) Largest decline over 10 years	-38.40%	—	—
Current Drawdown Current decline from peak	-28.34%	-36.52%	+8.18%
Average Drawdown Average peak-to-trough decline	-9.37%	-13.05%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.74%	16.93%	-2.19%

Volatility

AMH vs. INVH - Volatility Comparison

The current volatility for American Homes 4 Rent (AMH) is 4.94%, while Invitation Homes Inc. (INVH) has a volatility of 5.81%. This indicates that AMH experiences smaller price fluctuations and is considered to be less risky than INVH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMH	INVH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	5.81%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	14.39%	15.84%	-1.45%
Volatility (1Y) Calculated over the trailing 1-year period	21.70%	21.75%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.26%	23.07%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.59%	25.60%	-2.01%

Financials