AMH vs. MAA
AMH (American Homes 4 Rent) and MAA (Mid-America Apartment Communities, Inc.) are both stocks. Both operate in the REIT - Residential industry within the Real Estate sector. Over the past 10 years, AMH returned 6.38%/yr vs 6.23%/yr for MAA. Their 0.62 correlation means they have sometimes moved together and sometimes differently.
Performance
AMH vs. MAA - Performance Comparison
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Returns By Period
In the year-to-date period, AMH achieves a 6.38% return, which is significantly higher than MAA's -1.34% return. Both investments have delivered pretty close results over the past 10 years, with AMH having a 6.38% annualized return and MAA not far behind at 6.23%.
AMH
- 1D
- 0.63%
- 1M
- -1.94%
- 6M
- 9.03%
- YTD
- 6.38%
- 1Y
- -1.15%
- 3Y*
- -0.41%
- 5Y*
- -1.84%
- 10Y*
- 6.38%
- ALL TIME*
- 7.80%
MAA
- 1D
- -0.74%
- 1M
- -5.85%
- 6M
- 0.90%
- YTD
- -1.34%
- 1Y
- -0.98%
- 3Y*
- 0.57%
- 5Y*
- -3.59%
- 10Y*
- 6.23%
- ALL TIME*
- 12.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $67.86M | $65.07M | $89.64M | |
| $173.28M | $156.81M | $140.16M |
AMH vs. MAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMH American Homes 4 Rent | 6.38% | -11.12% | 6.99% | 22.44% | -29.46% | 46.91% | 15.28% | 33.13% | -8.23% | 5.05% |
MAA Mid-America Apartment Communities, Inc. | -1.34% | -6.36% | 19.94% | -10.44% | -29.75% | 85.87% | -0.64% | 42.52% | -1.06% | 6.28% |
Correlation
The correlation between AMH and MAA is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013 | 0.62 |
The correlation between AMH and MAA shifts across timeframes, from 0.62 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
AMH:
$12.00B
MAA:
$15.40B
AMH:
$1.28
MAA:
$4.79
AMH:
26.02
MAA:
27.63
AMH:
13.08
MAA:
10.45
AMH:
$937.72M
MAA:
$1.11B
AMH:
$284.38M
MAA:
$203.69M
AMH:
$1.20B
MAA:
$1.26B
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Return for Risk
AMH vs. MAA — Risk / Return Rank
AMH
MAA
AMH vs. MAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Homes 4 Rent (AMH) and Mid-America Apartment Communities, Inc. (MAA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMH | MAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.99 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | -0.17 | +0.19 |
| Martin ratioReturn relative to average drawdown | 0.03 | -0.37 | +0.40 |
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Drawdowns
AMH vs. MAA - Drawdown Comparison
The maximum AMH drawdown since its inception was -38.40%, smaller than the maximum MAA drawdown of -60.29%. Use the drawdown chart below to compare losses from any high point for AMH and MAA.
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Drawdown Indicators
| AMH | MAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.40% | -60.29% | +21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -21.23% | -15.42% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -29.73% | -26.41% | -3.32% |
Max Drawdown (5Y)Largest decline over 5 years | -31.84% | -45.01% | +13.17% |
Max Drawdown (10Y)Largest decline over 10 years | -38.40% | -45.01% | +6.61% |
Current DrawdownCurrent decline from peak | -13.37% | -30.28% | +16.91% |
Average DrawdownAverage peak-to-trough decline | -9.57% | -10.48% | +0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.03% | 7.26% | +2.77% |
Volatility
AMH vs. MAA - Volatility Comparison
The current volatility for American Homes 4 Rent (AMH) is 5.25%, while Mid-America Apartment Communities, Inc. (MAA) has a volatility of 6.51%. This indicates that AMH experiences smaller price fluctuations and is considered to be less risky than MAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMH | MAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 6.51% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 14.65% | 14.65% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.05% | 19.50% | +0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.39% | 22.29% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.60% | 24.20% | -0.60% |
Dividends
AMH vs. MAA - Dividend Comparison
AMH's dividend yield for the trailing twelve months is around 3.77%, less than MAA's 4.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMH American Homes 4 Rent | 3.77% | 3.74% | 2.78% | 2.45% | 2.39% | 0.92% | 0.67% | 0.76% | 1.01% | 0.92% | 0.95% | 1.20% |
MAA Mid-America Apartment Communities, Inc. | 4.61% | 4.36% | 3.80% | 4.96% | 2.98% | 1.79% | 3.16% | 2.91% | 3.86% | 3.46% | 3.35% | 3.39% |
Financials
AMH vs. MAA - Financials Comparison
This section allows you to compare key financial metrics between American Homes 4 Rent and Mid-America Apartment Communities, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AMH vs. MAA - Profitability Comparison
AMH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported a gross profit of -16.46M and revenue of -472.02M. Therefore, the gross margin over that period was 3.5%.
MAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Mid-America Apartment Communities, Inc. reported a gross profit of -508.31M and revenue of -553.73M. Therefore, the gross margin over that period was 91.8%.
AMH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported an operating income of -118.30M and revenue of -472.02M, resulting in an operating margin of 25.1%.
MAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Mid-America Apartment Communities, Inc. reported an operating income of -165.21M and revenue of -553.73M, resulting in an operating margin of 29.8%.
AMH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported a net income of 110.14M and revenue of -472.02M, resulting in a net margin of -23.3%.
MAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Mid-America Apartment Communities, Inc. reported a net income of 138.47M and revenue of -553.73M, resulting in a net margin of -25.0%.
Frequently Asked Questions
AMH and MAA have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAA has higher volatility (6.51%) compared to AMH (5.25%). In terms of maximum drawdown, AMH dropped -38.40% vs MAA's -60.29%.
AMH currently has the higher Sharpe Ratio (0.01 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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