IRT vs. SPG
Compare and contrast key facts about Independence Realty Trust, Inc. (IRT) and Simon Property Group, Inc. (SPG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRT or SPG.
Correlation
The correlation between IRT and SPG is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IRT vs. SPG - Performance Comparison
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Key characteristics
IRT:
0.79
SPG:
0.83
IRT:
1.26
SPG:
1.23
IRT:
1.17
SPG:
1.17
IRT:
0.51
SPG:
0.90
IRT:
3.06
SPG:
3.19
IRT:
6.63%
SPG:
6.83%
IRT:
23.50%
SPG:
26.81%
IRT:
-56.46%
SPG:
-77.00%
IRT:
-23.77%
SPG:
-7.57%
Fundamentals
IRT:
$4.63B
SPG:
$64.63B
IRT:
$0.13
SPG:
$7.26
IRT:
148.54
SPG:
23.61
IRT:
4.57
SPG:
4.73
IRT:
7.22
SPG:
10.84
IRT:
1.29
SPG:
18.35
IRT:
$640.74M
SPG:
$4.52B
IRT:
$321.49M
SPG:
$3.48B
IRT:
$334.07M
SPG:
$3.32B
Returns By Period
In the year-to-date period, IRT achieves a -1.92% return, which is significantly lower than SPG's 0.79% return. Over the past 10 years, IRT has outperformed SPG with an annualized return of 14.03%, while SPG has yielded a comparatively lower 4.20% annualized return.
IRT
-1.92%
5.98%
-6.98%
18.36%
20.49%
14.03%
SPG
0.79%
15.68%
-3.18%
21.94%
34.93%
4.20%
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Risk-Adjusted Performance
IRT vs. SPG — Risk-Adjusted Performance Rank
IRT
SPG
IRT vs. SPG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Independence Realty Trust, Inc. (IRT) and Simon Property Group, Inc. (SPG). 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.
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Dividends
IRT vs. SPG - Dividend Comparison
IRT's dividend yield for the trailing twelve months is around 3.31%, less than SPG's 4.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRT Independence Realty Trust, Inc. | 3.31% | 3.23% | 4.05% | 3.20% | 1.86% | 4.02% | 5.11% | 7.84% | 7.14% | 8.07% | 9.59% | 7.73% |
SPG Simon Property Group, Inc. | 4.81% | 4.70% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% |
Drawdowns
IRT vs. SPG - Drawdown Comparison
The maximum IRT drawdown since its inception was -56.46%, smaller than the maximum SPG drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for IRT and SPG. For additional features, visit the drawdowns tool.
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Volatility
IRT vs. SPG - Volatility Comparison
The current volatility for Independence Realty Trust, Inc. (IRT) is 5.72%, while Simon Property Group, Inc. (SPG) has a volatility of 6.80%. This indicates that IRT experiences smaller price fluctuations and is considered to be less risky than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IRT vs. SPG - Financials Comparison
This section allows you to compare key financial metrics between Independence Realty Trust, Inc. and Simon Property Group, 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
IRT vs. SPG - Profitability Comparison
IRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Independence Realty Trust, Inc. reported a gross profit of 94.15M and revenue of 161.24M. Therefore, the gross margin over that period was 58.4%.
SPG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Simon Property Group, Inc. reported a gross profit of 1.34B and revenue of 1.58B. Therefore, the gross margin over that period was 84.8%.
IRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Independence Realty Trust, Inc. reported an operating income of 27.14M and revenue of 161.24M, resulting in an operating margin of 16.8%.
SPG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Simon Property Group, Inc. reported an operating income of 835.75M and revenue of 1.58B, resulting in an operating margin of 52.8%.
IRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Independence Realty Trust, Inc. reported a net income of 8.35M and revenue of 161.24M, resulting in a net margin of 5.2%.
SPG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Simon Property Group, Inc. reported a net income of 668.07M and revenue of 1.58B, resulting in a net margin of 42.2%.