INVH vs. AMH

Last updated Apr 1, 2026

Compare and contrast key facts about Invitation Homes Inc. (INVH) and American Homes 4 Rent (AMH).

Performance

INVH vs. AMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invitation Homes Inc. (INVH) and American Homes 4 Rent (AMH). The values are adjusted to include any dividend payments, if applicable.

INVH vs. AMH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INVH Invitation Homes Inc.	-9.49%	-9.68%	-3.13%	19.71%	-33.04%	55.58%	1.19%	52.27%	-13.10%	19.03%
AMH American Homes 4 Rent	-12.01%	-11.12%	6.99%	22.44%	-29.46%	46.91%	15.28%	33.13%	-8.23%	-0.94%

Fundamentals

EPS INVH : $0.96 AMH : $1.21
PE Ratio INVH : 25.98 AMH : 23.05
PEG Ratio INVH : 1.15 AMH : 0.72
PS Ratio INVH : 5.64 AMH : 7.42
Total Revenue (TTM) INVH : $2.70B AMH : $1.40B
Gross Profit (TTM) INVH : $1.62B AMH : $780.98M
EBITDA (TTM) INVH : $1.68B AMH : $948.07M

Returns By Period

In the year-to-date period, INVH achieves a -9.49% return, which is significantly higher than AMH's -12.01% return.

INVH

• 1D: 0.32%
• 1M: -4.51%
• YTD: -9.49%
• 6M: -13.29%
• 1Y: -25.64%
• 3Y*: -3.71%
• 5Y*: -2.24%
• 10Y*: —

AMH

• 1D: -0.04%
• 1M: -5.85%
• YTD: -12.01%
• 6M: -14.22%
• 1Y: -23.27%
• 3Y*: -0.86%
• 5Y*: -1.49%
• 10Y*: 7.67%

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

Return for Risk

INVH vs. AMH — Risk / Return Rank

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

INVH

INVH Risk / Return Rank: 7
INVH Sharpe Ratio Rank: 2
INVH Sortino Ratio Rank: 4
INVH Omega Ratio Rank: 6
INVH Calmar Ratio Rank: 10
INVH Martin Ratio Rank: 11

AMH

AMH Risk / Return Rank: 7
AMH Sharpe Ratio Rank: 3
AMH Sortino Ratio Rank: 6
AMH Omega Ratio Rank: 8
AMH Calmar Ratio Rank: 12
AMH Martin Ratio Rank: 9

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.

INVH vs. AMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invitation Homes Inc. (INVH) 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.

	INVH	AMH	Difference
Sharpe ratio Return per unit of total volatility	-1.18	-1.08	-0.11
Sortino ratio Return per unit of downside risk	-1.66	-1.50	-0.16
Omega ratio Gain probability vs. loss probability	0.81	0.83	-0.02
Calmar ratio Return relative to maximum drawdown	-0.85	-0.83	-0.03
Martin ratio Return relative to average drawdown	-1.47	-1.55	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INVH vs. AMH - Sharpe Ratio Comparison

The current INVH Sharpe Ratio is -1.18, which is comparable to the AMH Sharpe Ratio of -1.08. The chart below compares the historical Sharpe Ratios of INVH and AMH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	INVH	AMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.18	-1.08	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	-0.07	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.29	-0.09

Correlation

The correlation between INVH and AMH is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

INVH vs. AMH - Dividend Comparison

INVH's dividend yield for the trailing twelve months is around 4.75%, more than AMH's 4.41% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INVH Invitation Homes Inc.	4.75%	4.21%	3.53%	3.87%	2.97%	1.50%	2.02%	1.74%	2.19%	0.93%	0.00%	0.00%
AMH American Homes 4 Rent	4.41%	3.74%	2.78%	2.45%	2.39%	0.92%	0.67%	0.76%	1.01%	0.92%	0.95%	1.20%

Drawdowns

INVH vs. AMH - Drawdown Comparison

The maximum INVH drawdown since its inception was -50.54%, which is greater than AMH's maximum drawdown of -38.40%. Use the drawdown chart below to compare losses from any high point for INVH and AMH.

Drawdown Indicators

	INVH	AMH	Difference
Max Drawdown Largest peak-to-trough decline	-50.54%	-38.40%	-12.14%
Max Drawdown (1Y) Largest decline over 1 year	-29.15%	-27.63%	-1.52%
Max Drawdown (5Y) Largest decline over 5 years	-38.44%	-31.84%	-6.60%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.40%	—
Current Drawdown Current decline from peak	-36.52%	-28.34%	-8.18%
Average Drawdown Average peak-to-trough decline	-13.05%	-9.37%	-3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.93%	14.74%	+2.19%

Volatility

INVH vs. AMH - Volatility Comparison

Invitation Homes Inc. (INVH) has a higher volatility of 5.81% compared to American Homes 4 Rent (AMH) at 4.94%. This indicates that INVH'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.

Volatility by Period

	INVH	AMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.81%	4.94%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	14.39%	+1.45%
Volatility (1Y) Calculated over the trailing 1-year period	21.75%	21.70%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.07%	22.26%	+0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	23.59%	+2.01%

Financials