INVH vs. VICI
INVH (Invitation Homes Inc.) and VICI (VICI Properties Inc.) are both stocks. Both are in the Real Estate sector — INVH in REIT - Residential, VICI in REIT - Diversified. Over the past 5 years, INVH returned -1.71%/yr vs 2.49%/yr for VICI. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
INVH vs. VICI - Performance Comparison
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Returns By Period
In the year-to-date period, INVH achieves a 5.15% return, which is significantly higher than VICI's -0.47% return.
INVH
- 1D
- -0.79%
- 1M
- 1.19%
- YTD
- 5.15%
- 6M
- 5.90%
- 1Y
- -10.58%
- 3Y*
- -2.32%
- 5Y*
- -1.71%
- 10Y*
- —
VICI
- 1D
- -0.83%
- 1M
- -3.64%
- YTD
- -0.47%
- 6M
- -0.03%
- 1Y
- -8.00%
- 3Y*
- 1.02%
- 5Y*
- 2.49%
- 10Y*
- —
INVH vs. VICI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVH Invitation Homes Inc. | 5.15% | -9.68% | -3.13% | 19.71% | -33.04% | 55.58% | 1.19% | 52.27% | -13.10% | 4.43% |
VICI VICI Properties Inc. | -0.47% | 1.90% | -3.07% | 3.58% | 13.01% | 23.77% | 6.00% | 43.23% | -3.62% | 10.51% |
Correlation
The correlation between INVH and VICI is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2017 | 0.54 |
The correlation between INVH and VICI has been stable across timeframes, ranging from 0.49 to 0.59 - a consistent structural relationship.
Fundamentals
INVH:
$0.96
VICI:
$2.92
INVH:
30.11
VICI:
9.44
INVH:
1.31
VICI:
0.53
INVH:
6.49
VICI:
7.24
INVH:
$2.73B
VICI:
$4.05B
INVH:
$1.25B
VICI:
$3.01B
INVH:
$1.64B
VICI:
$2.90B
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Return for Risk
INVH vs. VICI — Risk / Return Rank
INVH
VICI
INVH vs. VICI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invitation Homes Inc. (INVH) and VICI Properties Inc. (VICI). 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 | VICI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.52 | -0.49 | -0.03 |
Sortino ratioReturn per unit of downside risk | -0.61 | -0.58 | -0.03 |
Omega ratioGain probability vs. loss probability | 0.93 | 0.93 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | -0.41 | -0.44 | +0.03 |
Martin ratioReturn relative to average drawdown | -0.70 | -0.76 | +0.06 |
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
| INVH | VICI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | -0.49 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.12 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.35 | -0.09 |
Drawdowns
INVH vs. VICI - Drawdown Comparison
The maximum INVH drawdown since its inception was -50.54%, smaller than the maximum VICI drawdown of -60.21%. Use the drawdown chart below to compare losses from any high point for INVH and VICI.
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Drawdown Indicators
| INVH | VICI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.54% | -60.21% | +9.67% |
Max Drawdown (1Y)Largest decline over 1 year | -26.13% | -17.88% | -8.25% |
Max Drawdown (3Y)Largest decline over 3 years | -30.87% | -17.88% | -12.99% |
Max Drawdown (5Y)Largest decline over 5 years | -38.44% | -18.61% | -19.83% |
Current DrawdownCurrent decline from peak | -26.25% | -15.01% | -11.24% |
Average DrawdownAverage peak-to-trough decline | -13.34% | -8.16% | -5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.33% | 10.31% | +5.02% |
Volatility
INVH vs. VICI - Volatility Comparison
Invitation Homes Inc. (INVH) has a higher volatility of 4.82% compared to VICI Properties Inc. (VICI) at 4.47%. This indicates that INVH's price experiences larger fluctuations and is considered to be riskier than VICI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVH | VICI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 4.47% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 16.29% | 12.28% | +4.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.55% | 16.42% | +4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.19% | 20.97% | +2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.52% | 29.29% | -3.77% |
Dividends
INVH vs. VICI - Dividend Comparison
INVH's dividend yield for the trailing twelve months is around 4.09%, less than VICI's 6.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
INVH Invitation Homes Inc. | 4.09% | 4.21% | 3.53% | 3.87% | 2.97% | 1.50% | 2.02% | 1.74% | 2.19% | 0.93% |
VICI VICI Properties Inc. | 6.47% | 6.28% | 5.80% | 5.05% | 4.63% | 4.58% | 4.92% | 4.58% | 5.31% | 0.00% |
Financials
INVH vs. VICI - Financials Comparison
This section allows you to compare key financial metrics between Invitation Homes Inc. and VICI Properties Inc.. 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
INVH vs. VICI - Profitability Comparison
INVH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a gross profit of 21.19M and revenue of 685.25M. Therefore, the gross margin over that period was 3.1%.
VICI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported a gross profit of 0.00 and revenue of 1.02B. Therefore, the gross margin over that period was 0.0%.
INVH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported an operating income of 187.06M and revenue of 685.25M, resulting in an operating margin of 27.3%.
VICI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported an operating income of 0.00 and revenue of 1.02B, resulting in an operating margin of 0.0%.
INVH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a net income of 144.55M and revenue of 685.25M, resulting in a net margin of 21.1%.
VICI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, VICI Properties Inc. reported a net income of 872.39M and revenue of 1.02B, resulting in a net margin of 85.7%.
Frequently Asked Questions
INVH and VICI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INVH has higher volatility (4.82%) compared to VICI (4.47%). In terms of maximum drawdown, INVH dropped -50.54% vs VICI's -60.21%.
VICI currently has the higher Sharpe Ratio (-0.49 vs -0.52), 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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