HR vs. O
HR (Healthcare Realty Trust Incorporated) and O (Realty Income Corporation) are both stocks. Both are in the Real Estate sector — HR in REIT - Healthcare Facilities, O in REIT - Retail. Over the past 10 years, HR returned 3.34%/yr vs 4.58%/yr for O. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
HR vs. O - Performance Comparison
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Returns By Period
In the year-to-date period, HR achieves a 17.30% return, which is significantly higher than O's 8.26% return. Over the past 10 years, HR has underperformed O with an annualized return of 3.34%, while O has yielded a comparatively higher 4.58% annualized return.
HR
- 1D
- -1.12%
- 1M
- 0.22%
- YTD
- 17.30%
- 6M
- 12.07%
- 1Y
- 43.36%
- 3Y*
- 7.58%
- 5Y*
- 2.22%
- 10Y*
- 3.34%
O
- 1D
- -0.32%
- 1M
- -5.46%
- YTD
- 8.26%
- 6M
- 5.55%
- 1Y
- 12.57%
- 3Y*
- 5.73%
- 5Y*
- 2.47%
- 10Y*
- 4.58%
HR vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HR Healthcare Realty Trust Incorporated | 17.30% | 6.88% | 6.40% | -4.08% | -19.28% | 16.06% | -4.68% | 26.64% | -7.61% | 10.00% |
O Realty Income Corporation | 8.26% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between HR and O is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 1994 | 0.56 |
The correlation between HR and O shifts across timeframes, from 0.41 (1 year) to 0.63 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HR:
-$0.58
O:
$1.17
HR:
5.89
O:
6.87
HR:
$1.15B
O:
$5.92B
HR:
-$111.96M
O:
$3.89B
HR:
$636.97M
O:
$3.93B
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Return for Risk
HR vs. O — Risk / Return Rank
HR
O
HR vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Healthcare Realty Trust Incorporated (HR) and Realty Income Corporation (O). 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.
| HR | O | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 0.79 | +1.32 |
Sortino ratioReturn per unit of downside risk | 3.01 | 1.13 | +1.88 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.14 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 3.54 | 1.14 | +2.41 |
Martin ratioReturn relative to average drawdown | 8.85 | 2.88 | +5.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HR | O | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 0.79 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.13 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.18 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.48 | -0.20 |
Drawdowns
HR vs. O - Drawdown Comparison
The maximum HR drawdown since its inception was -61.36%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for HR and O.
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Drawdown Indicators
| HR | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.36% | -48.45% | -12.91% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -11.10% | -1.19% |
Max Drawdown (3Y)Largest decline over 3 years | -31.68% | -26.49% | -5.19% |
Max Drawdown (5Y)Largest decline over 5 years | -47.08% | -34.48% | -12.60% |
Max Drawdown (10Y)Largest decline over 10 years | -47.08% | -48.28% | +1.20% |
Current DrawdownCurrent decline from peak | -8.15% | -10.44% | +2.29% |
Average DrawdownAverage peak-to-trough decline | -14.51% | -9.21% | -5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 4.37% | +0.54% |
Volatility
HR vs. O - Volatility Comparison
The current volatility for Healthcare Realty Trust Incorporated (HR) is 5.12%, while Realty Income Corporation (O) has a volatility of 5.48%. This indicates that HR experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HR | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.12% | 5.48% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 13.84% | 11.72% | +2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.64% | 15.95% | +4.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 18.87% | +9.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.34% | 25.63% | +3.71% |
Dividends
HR vs. O - Dividend Comparison
HR's dividend yield for the trailing twelve months is around 4.95%, less than O's 5.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HR Healthcare Realty Trust Incorporated | 4.95% | 6.49% | 7.32% | 7.20% | 34.01% | 7.89% | 7.26% | 7.34% | 4.22% | 3.74% | 3.96% | 4.24% |
O Realty Income Corporation | 5.42% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
Financials
HR vs. O - Financials Comparison
This section allows you to compare key financial metrics between Healthcare Realty Trust Incorporated and Realty Income Corporation. 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
HR vs. O - Profitability Comparison
HR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported a gross profit of 166.58M and revenue of 267.58M. Therefore, the gross margin over that period was 62.3%.
O - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported a gross profit of 0.00 and revenue of 1.55B. Therefore, the gross margin over that period was 0.0%.
HR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported an operating income of 149.24M and revenue of 267.58M, resulting in an operating margin of 55.8%.
O - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported an operating income of 0.00 and revenue of 1.55B, resulting in an operating margin of 0.0%.
HR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Healthcare Realty Trust Incorporated reported a net income of -56.00K and revenue of 267.58M, resulting in a net margin of -0.0%.
O - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported a net income of -9.17M and revenue of 1.55B, resulting in a net margin of -0.6%.
Frequently Asked Questions
HR and O have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.48%) compared to HR (5.12%). In terms of maximum drawdown, HR dropped -61.36% vs O's -48.45%.
HR currently has the higher Sharpe Ratio (2.11 vs 0.79), 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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