INVH vs. NGG

Last updated Apr 2, 2026

Compare and contrast key facts about Invitation Homes Inc. (INVH) and National Grid plc (NGG).

Performance

INVH vs. NGG - Performance Comparison

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

INVH vs. NGG - 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%
NGG National Grid plc	12.27%	35.88%	-1.26%	18.82%	-12.68%	29.02%	-0.75%	38.53%	-13.76%	5.48%

Fundamentals

EPS INVH : $0.96 NGG : $4.66
PE Ratio INVH : 25.98 NGG : 18.65
PEG Ratio INVH : 1.15 NGG : 0.51
PS Ratio INVH : 5.64 NGG : 2.37
Total Revenue (TTM) INVH : $2.70B NGG : $36.25B
Gross Profit (TTM) INVH : $1.62B NGG : $9.82B
EBITDA (TTM) INVH : $1.68B NGG : $12.97B

Returns By Period

In the year-to-date period, INVH achieves a -9.49% return, which is significantly lower than NGG's 12.27% return.

INVH

• 1D: 0.00%
• 1M: -3.81%
• YTD: -9.49%
• 6M: -12.33%
• 1Y: -24.99%
• 3Y*: -3.71%
• 5Y*: -2.24%
• 10Y*: —

NGG

• 1D: 2.65%
• 1M: -7.50%
• YTD: 12.27%
• 6M: 20.89%
• 1Y: 37.80%
• 3Y*: 16.66%
• 5Y*: 14.82%
• 10Y*: 8.05%

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

Return for Risk

INVH vs. NGG — Risk / Return Rank

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

INVH

INVH Risk / Return Rank: 6
INVH Sharpe Ratio Rank: 2
INVH Sortino Ratio Rank: 4
INVH Omega Ratio Rank: 6
INVH Calmar Ratio Rank: 8
INVH Martin Ratio Rank: 9

NGG

NGG Risk / Return Rank: 85
NGG Sharpe Ratio Rank: 86
NGG Sortino Ratio Rank: 80
NGG Omega Ratio Rank: 83
NGG Calmar Ratio Rank: 85
NGG Martin Ratio Rank: 88

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. NGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invitation Homes Inc. (INVH) and National Grid plc (NGG). 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	NGG	Difference
Sharpe ratio Return per unit of total volatility	-1.16	1.68	-2.83
Sortino ratio Return per unit of downside risk	-1.61	2.16	-3.77
Omega ratio Gain probability vs. loss probability	0.81	1.31	-0.50
Calmar ratio Return relative to maximum drawdown	-0.88	2.98	-3.86
Martin ratio Return relative to average drawdown	-1.51	9.77	-11.27
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. NGG - Sharpe Ratio Comparison

The current INVH Sharpe Ratio is -1.16, which is lower than the NGG Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of INVH and NGG, 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	NGG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.16	1.68	-2.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	0.69	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.37	-0.17

Correlation

The correlation between INVH and NGG is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

INVH vs. NGG - Dividend Comparison

INVH's dividend yield for the trailing twelve months is around 4.75%, more than NGG's 3.59% 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%
NGG National Grid plc	3.59%	4.03%	11.81%	5.20%	5.18%	4.75%	5.32%	4.94%	6.51%	14.95%	5.07%	4.73%

Drawdowns

INVH vs. NGG - Drawdown Comparison

The maximum INVH drawdown since its inception was -50.54%, smaller than the maximum NGG drawdown of -54.85%. Use the drawdown chart below to compare losses from any high point for INVH and NGG.

Drawdown Indicators

	INVH	NGG	Difference
Max Drawdown Largest peak-to-trough decline	-50.54%	-54.85%	+4.31%
Max Drawdown (1Y) Largest decline over 1 year	-29.15%	-12.79%	-16.36%
Max Drawdown (5Y) Largest decline over 5 years	-38.44%	-39.20%	+0.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.20%	—
Current Drawdown Current decline from peak	-36.52%	-7.55%	-28.97%
Average Drawdown Average peak-to-trough decline	-13.06%	-13.44%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.00%	3.91%	+13.09%

Volatility

INVH vs. NGG - Volatility Comparison

The current volatility for Invitation Homes Inc. (INVH) is 5.77%, while National Grid plc (NGG) has a volatility of 7.95%. This indicates that INVH experiences smaller price fluctuations and is considered to be less risky than NGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INVH	NGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	7.95%	-2.18%
Volatility (6M) Calculated over the trailing 6-month period	15.80%	13.39%	+2.41%
Volatility (1Y) Calculated over the trailing 1-year period	21.72%	22.64%	-0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.05%	21.53%	+1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	22.86%	+2.74%

Financials

INVH vs. NGG - Profitability Comparison

The chart below illustrates the profitability comparison between Invitation Homes Inc. and National Grid plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

INVH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported a gross profit of 429.13M and revenue of 688.17M. Therefore, the gross margin over that period was 62.4%.

NGG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, National Grid plc reported a gross profit of 1.61B and revenue of 7.05B. Therefore, the gross margin over that period was 22.9%.

INVH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported an operating income of 410.69M and revenue of 688.17M, resulting in an operating margin of 59.7%.

NGG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, National Grid plc reported an operating income of 1.61B and revenue of 7.05B, resulting in an operating margin of 22.9%.

INVH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported a net income of 136.74M and revenue of 688.17M, resulting in a net margin of 19.9%.

NGG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, National Grid plc reported a net income of 615.54M and revenue of 7.05B, resulting in a net margin of 8.7%.