ESS vs. AMH
ESS (Essex Property Trust, Inc.) and AMH (American Homes 4 Rent) are both stocks. Both operate in the REIT - Residential industry within the Real Estate sector. Over the past 10 years, ESS returned 6.23%/yr vs 6.86%/yr for AMH. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
ESS vs. AMH - Performance Comparison
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Returns By Period
In the year-to-date period, ESS achieves a 17.07% return, which is significantly higher than AMH's 7.59% return. Over the past 10 years, ESS has underperformed AMH with an annualized return of 6.23%, while AMH has yielded a comparatively higher 6.86% annualized return.
ESS
- 1D
- 1.34%
- 1M
- 5.76%
- 6M
- 21.29%
- YTD
- 17.07%
- 1Y
- 7.92%
- 3Y*
- 10.72%
- 5Y*
- 1.84%
- 10Y*
- 6.23%
AMH
- 1D
- 1.59%
- 1M
- 2.55%
- 6M
- 11.37%
- YTD
- 7.59%
- 1Y
- -1.62%
- 3Y*
- 0.79%
- 5Y*
- -1.30%
- 10Y*
- 6.86%
ESS vs. AMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 17.07% | -4.98% | 18.36% | 21.97% | -37.76% | 52.40% | -18.09% | 25.92% | 4.83% | 6.82% |
AMH American Homes 4 Rent | 7.59% | -11.12% | 6.99% | 22.44% | -29.46% | 46.91% | 15.28% | 33.13% | -8.23% | 5.05% |
Correlation
The correlation between ESS and AMH is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2013 | 0.60 |
The correlation between ESS and AMH shifts across timeframes, from 0.60 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ESS:
$19.12B
AMH:
$12.14B
ESS:
$10.79
AMH:
$1.27
ESS:
27.58
AMH:
26.68
ESS:
1.93
AMH:
0.83
ESS:
6.70
AMH:
8.93
ESS:
$1.91B
AMH:
$1.40B
ESS:
$1.32B
AMH:
$547.38M
ESS:
$1.44B
AMH:
$1.03B
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Return for Risk
ESS vs. AMH — Risk / Return Rank
ESS
AMH
ESS vs. AMH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and American Homes 4 Rent (AMH). 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.
| ESS | AMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.00 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | -0.07 | +0.55 |
| Martin ratioReturn relative to average drawdown | 0.81 | -0.14 | +0.95 |
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Drawdowns
ESS vs. AMH - Drawdown Comparison
The maximum ESS drawdown since its inception was -62.67%, which is greater than AMH's maximum drawdown of -38.40%. Use the drawdown chart below to compare losses from any high point for ESS and AMH.
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Drawdown Indicators
| ESS | AMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.67% | -38.40% | -24.27% |
Max Drawdown (1Y)Largest decline over 1 year | -16.49% | -23.20% | +6.71% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -29.73% | +8.96% |
Max Drawdown (5Y)Largest decline over 5 years | -43.87% | -31.84% | -12.03% |
Max Drawdown (10Y)Largest decline over 10 years | -44.84% | -38.40% | -6.44% |
Current DrawdownCurrent decline from peak | -2.62% | -12.38% | +9.76% |
Average DrawdownAverage peak-to-trough decline | -10.85% | -9.55% | -1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 12.00% | -2.20% |
Volatility
ESS vs. AMH - Volatility Comparison
Essex Property Trust, Inc. (ESS) and American Homes 4 Rent (AMH) have volatilities of 6.02% and 6.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESS | AMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.02% | 6.11% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.22% | 14.97% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.27% | 20.33% | +0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 22.41% | +1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.84% | 23.59% | +2.25% |
Dividends
ESS vs. AMH - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.47%, less than AMH's 3.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMH American Homes 4 Rent | 3.73% | 3.74% | 2.78% | 2.45% | 2.39% | 0.92% | 0.67% | 0.76% | 1.01% | 0.92% | 0.95% | 1.20% |
ESS Essex Property Trust, Inc. | 3.47% | 3.88% | 2.57% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% |
Financials
ESS vs. AMH - Financials Comparison
This section allows you to compare key financial metrics between Essex Property Trust, Inc. and American Homes 4 Rent. 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
Frequently Asked Questions
ESS and AMH 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.
AMH has higher volatility (6.11%) compared to ESS (6.02%). In terms of maximum drawdown, ESS dropped -62.67% vs AMH's -38.40%.
ESS currently has the higher Sharpe Ratio (0.37 vs -0.08), 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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