BTI vs. INVH

Last updated Jun 4, 2026

BTI (British American Tobacco p.l.c.) and INVH (Invitation Homes Inc.) are both stocks. BTI operates in Tobacco (Consumer Defensive), while INVH operates in REIT - Residential (Real Estate). Over the past 5 years, BTI returned 17.14%/yr vs -1.72%/yr for INVH. At a 0.25 correlation, their price movements are largely independent.

Performance

BTI vs. INVH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in British American Tobacco p.l.c. (BTI) and Invitation Homes Inc. (INVH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTI achieves a 5.04% return, which is significantly lower than INVH's 5.55% return.

BTI

• 1D: -3.04%
• 1M: 0.46%
• YTD: 5.04%
• 6M: 4.79%
• 1Y: 34.02%
• 3Y*: 32.01%
• 5Y*: 17.14%
• 10Y*: 6.42%

INVH

• 1D: 0.38%
• 1M: 1.51%
• YTD: 5.55%
• 6M: 7.23%
• 1Y: -9.65%
• 3Y*: -2.20%
• 5Y*: -1.72%
• 10Y*: —

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

BTI vs. INVH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BTI British American Tobacco p.l.c.	5.04%	65.81%	35.44%	-19.97%	14.91%	7.95%	-4.73%	42.97%	-49.35%	14.13%
INVH Invitation Homes Inc.	5.55%	-9.68%	-3.13%	19.71%	-33.04%	55.58%	1.19%	52.27%	-13.10%	19.03%

Correlation

The correlation between BTI and INVH is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017	0.25

The correlation between BTI and INVH shifts across timeframes, from 0.13 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS BTI : $4.93 INVH : $0.96
PE Ratio BTI : 11.90 INVH : 30.22
PEG Ratio BTI : 0.44 INVH : 1.32
PS Ratio BTI : 2.50 INVH : 6.51
Total Revenue (TTM) BTI : $51.48B INVH : $2.73B
Gross Profit (TTM) BTI : $42.82B INVH : $1.25B
EBITDA (TTM) BTI : $20.34B INVH : $1.64B

Return for Risk

BTI vs. INVH — Risk / Return Rank

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

BTI

BTI Risk / Return Rank: 77
BTI Sharpe Ratio Rank: 81
BTI Sortino Ratio Rank: 76
BTI Omega Ratio Rank: 73
BTI Calmar Ratio Rank: 78
BTI Martin Ratio Rank: 77

INVH

INVH Risk / Return Rank: 23
INVH Sharpe Ratio Rank: 20
INVH Sortino Ratio Rank: 19
INVH Omega Ratio Rank: 19
INVH Calmar Ratio Rank: 28
INVH Martin Ratio Rank: 29

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.

BTI vs. INVH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for British American Tobacco p.l.c. (BTI) 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.

	BTI	INVH	Difference
Sharpe ratio Return per unit of total volatility	1.50	-0.47	+1.98
Sortino ratio Return per unit of downside risk	2.12	-0.54	+2.67
Omega ratio Gain probability vs. loss probability	1.25	0.94	+0.32
Calmar ratio Return relative to maximum drawdown	2.49	-0.37	+2.86
Martin ratio Return relative to average drawdown	5.80	-0.63	+6.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTI vs. INVH - Sharpe Ratio Comparison

The current BTI Sharpe Ratio is 1.50, which is higher than the INVH Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of BTI and INVH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BTI	INVH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	-0.47	+1.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	-0.07	+0.89
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.26	+0.31

Drawdowns

BTI vs. INVH - Drawdown Comparison

The maximum BTI drawdown since its inception was -64.11%, which is greater than INVH's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for BTI and INVH.

Drawdown Indicators

	BTI	INVH	Difference
Max Drawdown Largest peak-to-trough decline	-64.11%	-50.54%	-13.57%
Max Drawdown (1Y) Largest decline over 1 year	-13.75%	-26.13%	+12.38%
Max Drawdown (3Y) Largest decline over 3 years	-13.75%	-30.87%	+17.12%
Max Drawdown (5Y) Largest decline over 5 years	-29.94%	-38.44%	+8.50%
Max Drawdown (10Y) Largest decline over 10 years	-56.00%	—	—
Current Drawdown Current decline from peak	-12.11%	-25.97%	+13.86%
Average Drawdown Average peak-to-trough decline	-12.94%	-13.35%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.88%	15.35%	-9.47%

Volatility

BTI vs. INVH - Volatility Comparison

British American Tobacco p.l.c. (BTI) has a higher volatility of 9.91% compared to Invitation Homes Inc. (INVH) at 4.83%. This indicates that BTI's price experiences larger fluctuations and is considered to be riskier than INVH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTI	INVH	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.91%	4.83%	+5.08%
Volatility (6M) Calculated over the trailing 6-month period	18.22%	16.22%	+2.00%
Volatility (1Y) Calculated over the trailing 1-year period	22.81%	20.56%	+2.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.12%	23.19%	-2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.19%	25.52%	-1.33%

Dividends

BTI vs. INVH - Dividend Comparison

BTI's dividend yield for the trailing twelve months is around 5.26%, more than INVH's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTI British American Tobacco p.l.c.	5.26%	5.29%	8.18%	9.72%	7.23%	7.98%	7.22%	6.35%	8.53%	4.27%	3.85%	4.11%
INVH Invitation Homes Inc.	4.07%	4.21%	3.53%	3.87%	2.97%	1.50%	2.02%	1.74%	2.19%	0.93%	0.00%	0.00%

Financials

BTI vs. INVH - Profitability Comparison

The chart below illustrates the profitability comparison between British American Tobacco p.l.c. and Invitation Homes Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BTI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a gross profit of 11.30B and revenue of 13.54B. Therefore, the gross margin over that period was 83.4%.

INVH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a gross profit of 21.19M and revenue of 685.25M. Therefore, the gross margin over that period was 3.1%.

BTI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported an operating income of 4.93B and revenue of 13.54B, resulting in an operating margin of 36.4%.

INVH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported an operating income of 187.06M and revenue of 685.25M, resulting in an operating margin of 27.3%.

BTI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, British American Tobacco p.l.c. reported a net income of 3.25B and revenue of 13.54B, resulting in a net margin of 24.0%.

INVH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a net income of 144.55M and revenue of 685.25M, resulting in a net margin of 21.1%.

Frequently Asked Questions

Can I hold both BTI and INVH in my portfolio?

BTI and INVH have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BTI or INVH?

BTI has higher volatility (9.91%) compared to INVH (4.83%). In terms of maximum drawdown, BTI dropped -64.11% vs INVH's -50.54%.

Which has better risk-adjusted returns?

BTI currently has the higher Sharpe Ratio (1.50 vs -0.47), 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.