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 5.90%/yr vs 7.08%/yr for AMH. A 0.59 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 7.78% return, which is significantly higher than AMH's 0.72% return. Over the past 10 years, ESS has underperformed AMH with an annualized return of 5.90%, while AMH has yielded a comparatively higher 7.08% annualized return.
ESS
- 1D
- 0.94%
- 1M
- -0.15%
- YTD
- 7.78%
- 6M
- 8.12%
- 1Y
- 1.06%
- 3Y*
- 12.08%
- 5Y*
- 1.46%
- 10Y*
- 5.90%
AMH
- 1D
- -0.22%
- 1M
- -0.97%
- YTD
- 0.72%
- 6M
- 2.73%
- 1Y
- -9.70%
- 3Y*
- 1.11%
- 5Y*
- -1.58%
- 10Y*
- 7.08%
ESS vs. AMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 7.78% | -4.98% | 18.36% | 21.97% | -37.76% | 52.40% | -18.09% | 25.92% | 4.83% | 6.82% |
AMH American Homes 4 Rent | 0.72% | -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 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
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 | 0.59 |
The correlation between ESS and AMH shifts across timeframes, from 0.59 (all time) to 0.72 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ESS:
$9.59
AMH:
$1.26
ESS:
28.81
AMH:
25.02
ESS:
2.02
AMH:
0.78
ESS:
7.00
AMH:
8.37
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 | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.93 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | -0.42 | +0.48 |
| Martin ratioReturn relative to average drawdown | 0.11 | -0.80 | +0.91 |
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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% | -23.32% | +6.83% |
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 | -10.35% | -17.98% | +7.63% |
Average DrawdownAverage peak-to-trough decline | -10.86% | -9.54% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 12.08% | -2.28% |
Volatility
ESS vs. AMH - Volatility Comparison
Essex Property Trust, Inc. (ESS) has a higher volatility of 5.04% compared to American Homes 4 Rent (AMH) at 4.71%. This indicates that ESS's price experiences larger fluctuations and is considered to be riskier than AMH based on this measure. 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 | 5.04% | 4.71% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.10% | 15.33% | -1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.87% | 19.81% | +1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.70% | 22.34% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.83% | 23.60% | +2.23% |
Dividends
ESS vs. AMH - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.73%, less than AMH's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMH American Homes 4 Rent | 3.98% | 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. | 3.73% | 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 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESS has higher volatility (5.04%) compared to AMH (4.71%). In terms of maximum drawdown, ESS dropped -62.67% vs AMH's -38.40%.
ESS currently has the higher Sharpe Ratio (0.05 vs -0.49), 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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