INVH vs. AMH
INVH (Invitation Homes 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 5 years, INVH returned -2.92%/yr vs -1.84%/yr for AMH. Their correlation of 0.82 means they have usually moved in the same direction.
Performance
INVH vs. AMH - Performance Comparison
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Returns By Period
In the year-to-date period, INVH achieves a 9.36% return, which is significantly higher than AMH's 6.38% return.
INVH
- 1D
- 0.17%
- 1M
- -2.65%
- 6M
- 13.69%
- YTD
- 9.36%
- 1Y
- 2.29%
- 3Y*
- -1.86%
- 5Y*
- -2.92%
- 10Y*
- —
- ALL TIME*
- 6.95%
AMH
- 1D
- 0.63%
- 1M
- -1.94%
- 6M
- 9.03%
- YTD
- 6.38%
- 1Y
- -1.15%
- 3Y*
- -0.41%
- 5Y*
- -1.84%
- 10Y*
- 6.38%
- ALL TIME*
- 7.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $67.86M | $65.07M | $89.64M | |
| $127.69M | $117.94M | $157.43M |
INVH vs. AMH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVH Invitation Homes Inc. | 9.36% | -9.68% | -3.13% | 19.71% | -33.04% | 55.58% | 1.19% | 52.27% | -13.10% | 18.44% |
AMH American Homes 4 Rent | 6.38% | -11.12% | 6.99% | 22.44% | -29.46% | 46.91% | 15.28% | 33.13% | -8.23% | -1.08% |
Correlation
The correlation between INVH and AMH is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.82 |
The correlation between INVH and AMH has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.
Fundamentals
INVH:
$17.65B
AMH:
$12.00B
INVH:
$1.09
AMH:
$1.28
INVH:
27.27
AMH:
26.02
INVH:
1.19
AMH:
0.81
INVH:
6.31
AMH:
13.08
INVH:
1.94
AMH:
1.78
INVH:
$2.86B
AMH:
$937.72M
INVH:
$1.35B
AMH:
$284.38M
INVH:
$1.89B
AMH:
$1.20B
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Return for Risk
INVH vs. AMH — Risk / Return Rank
INVH
AMH
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.
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.
| INVH | AMH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.02 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | 0.01 | +0.05 |
| Martin ratioReturn relative to average drawdown | 0.13 | 0.03 | +0.10 |
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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.
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Drawdown Indicators
| INVH | AMH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.54% | -38.40% | -12.14% |
Max Drawdown (1Y)Largest decline over 1 year | -20.40% | -21.23% | +0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -30.87% | -29.73% | -1.14% |
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 DrawdownCurrent decline from peak | -23.30% | -13.37% | -9.93% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -9.57% | -3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.83% | 10.03% | -0.20% |
Volatility
INVH vs. AMH - Volatility Comparison
Invitation Homes Inc. (INVH) and American Homes 4 Rent (AMH) have volatilities of 5.23% and 5.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVH | AMH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 5.25% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 14.65% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.16% | 20.05% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.25% | 22.39% | +0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.44% | 23.60% | +1.84% |
Dividends
INVH vs. AMH - Dividend Comparison
INVH's dividend yield for the trailing twelve months is around 4.00%, more than AMH's 3.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMH American Homes 4 Rent | 3.77% | 3.74% | 2.78% | 2.45% | 2.39% | 0.92% | 0.67% | 0.76% | 1.01% | 0.92% | 0.95% | 1.20% |
INVH Invitation Homes Inc. | 4.00% | 4.21% | 3.53% | 3.87% | 2.97% | 1.50% | 2.02% | 1.74% | 2.19% | 0.93% | 0.00% | 0.00% |
Financials
INVH vs. AMH - Financials Comparison
This section allows you to compare key financial metrics between Invitation Homes 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
INVH vs. AMH - Profitability Comparison
INVH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Invitation Homes Inc. reported a gross profit of 491.84M and revenue of 747.55M. Therefore, the gross margin over that period was 65.8%.
AMH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported a gross profit of -16.46M and revenue of -472.02M. Therefore, the gross margin over that period was 3.5%.
INVH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Invitation Homes Inc. reported an operating income of 462.51M and revenue of 747.55M, resulting in an operating margin of 61.9%.
AMH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported an operating income of -118.30M and revenue of -472.02M, resulting in an operating margin of 25.1%.
INVH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Invitation Homes Inc. reported a net income of 218.85M and revenue of 747.55M, resulting in a net margin of 29.3%.
AMH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American Homes 4 Rent reported a net income of 110.14M and revenue of -472.02M, resulting in a net margin of -23.3%.
Frequently Asked Questions
INVH and AMH have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMH has higher volatility (5.25%) compared to INVH (5.23%). In terms of maximum drawdown, INVH dropped -50.54% vs AMH's -38.40%.
INVH currently has the higher Sharpe Ratio (0.06 vs 0.01), 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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