IRT vs. CTRE
IRT (Independence Realty Trust, Inc.) and CTRE (CareTrust REIT, Inc.) are both stocks. Both are in the Real Estate sector — IRT in REIT - Residential, CTRE in REIT - Healthcare Facilities. Over the past 10 years, IRT returned 13.00%/yr vs 16.31%/yr for CTRE. At a 0.43 correlation, their price movements are largely independent.
Performance
IRT vs. CTRE - Performance Comparison
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Returns By Period
In the year-to-date period, IRT achieves a -7.36% return, which is significantly lower than CTRE's 4.79% return. Over the past 10 years, IRT has underperformed CTRE with an annualized return of 13.00%, while CTRE has yielded a comparatively higher 16.31% annualized return.
IRT
- 1D
- 1.20%
- 1M
- -5.04%
- YTD
- -7.36%
- 6M
- -5.22%
- 1Y
- -5.92%
- 3Y*
- 1.17%
- 5Y*
- 0.87%
- 10Y*
- 13.00%
CTRE
- 1D
- 1.16%
- 1M
- -8.87%
- YTD
- 4.79%
- 6M
- 4.60%
- 1Y
- 29.93%
- 3Y*
- 30.42%
- 5Y*
- 15.62%
- 10Y*
- 16.31%
IRT vs. CTRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRT Independence Realty Trust, Inc. | -7.36% | -8.55% | 34.27% | -5.58% | -32.88% | 98.03% | 0.28% | 62.55% | -1.90% | 21.74% |
CTRE CareTrust REIT, Inc. | 4.79% | 39.35% | 26.31% | 27.31% | -13.67% | 7.91% | 13.67% | 16.31% | 15.89% | 14.12% |
Correlation
The correlation between IRT and CTRE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since May 29, 2014 | 0.43 |
Over the past year, the correlation between IRT and CTRE has dropped to 0.19 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Fundamentals
IRT:
$3.88B
CTRE:
$8.40B
IRT:
$0.20
CTRE:
$1.61
IRT:
79.69
CTRE:
23.31
IRT:
2.06
CTRE:
0.59
IRT:
7.74
CTRE:
16.68
IRT:
$496.45M
CTRE:
$468.13M
IRT:
$168.31M
CTRE:
$406.50M
IRT:
$293.35M
CTRE:
$490.99M
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Return for Risk
IRT vs. CTRE — Risk / Return Rank
IRT
CTRE
IRT vs. CTRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Independence Realty Trust, Inc. (IRT) and CareTrust REIT, Inc. (CTRE). 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.
| IRT | CTRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.23 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 2.11 | -2.48 |
| Martin ratioReturn relative to average drawdown | -0.81 | 7.13 | -7.94 |
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Drawdowns
IRT vs. CTRE - Drawdown Comparison
The maximum IRT drawdown since its inception was -56.46%, smaller than the maximum CTRE drawdown of -67.43%. Use the drawdown chart below to compare losses from any high point for IRT and CTRE.
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Drawdown Indicators
| IRT | CTRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.46% | -67.43% | +10.97% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -14.28% | -1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -33.83% | -23.19% | -10.64% |
Max Drawdown (5Y)Largest decline over 5 years | -54.73% | -30.98% | -23.75% |
Max Drawdown (10Y)Largest decline over 10 years | -56.46% | -67.43% | +10.97% |
Current DrawdownCurrent decline from peak | -34.15% | -11.66% | -22.49% |
Average DrawdownAverage peak-to-trough decline | -16.64% | -10.58% | -6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.33% | 4.21% | +3.12% |
Volatility
IRT vs. CTRE - Volatility Comparison
The current volatility for Independence Realty Trust, Inc. (IRT) is 6.44%, while CareTrust REIT, Inc. (CTRE) has a volatility of 7.55%. This indicates that IRT experiences smaller price fluctuations and is considered to be less risky than CTRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRT | CTRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 7.55% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 19.69% | -4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.15% | 23.73% | -2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 24.55% | +2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 35.37% | -5.47% |
Dividends
IRT vs. CTRE - Dividend Comparison
IRT's dividend yield for the trailing twelve months is around 4.25%, more than CTRE's 3.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTRE CareTrust REIT, Inc. | 3.72% | 3.71% | 4.29% | 5.00% | 5.92% | 4.64% | 4.51% | 4.36% | 4.44% | 4.42% | 4.44% | 5.84% |
IRT Independence Realty Trust, Inc. | 4.25% | 3.83% | 3.23% | 4.05% | 3.20% | 2.24% | 4.02% | 5.11% | 7.84% | 7.14% | 8.07% | 9.59% |
Financials
IRT vs. CTRE - Financials Comparison
This section allows you to compare key financial metrics between Independence Realty Trust, Inc. and CareTrust REIT, 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
Frequently Asked Questions
IRT and CTRE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTRE has higher volatility (7.55%) compared to IRT (6.44%). In terms of maximum drawdown, IRT dropped -56.46% vs CTRE's -67.43%.
CTRE currently has the higher Sharpe Ratio (1.27 vs -0.28), 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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