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.
Key characteristics
| IRT | SPG | |
|---|---|---|
| YTD Return | 7.82% | 1.50% |
| 1Y Return | 2.72% | 40.79% |
| 3Y Return (Ann) | 3.37% | 11.71% |
| 5Y Return (Ann) | 12.93% | 1.22% |
| 10Y Return (Ann) | 12.57% | 3.53% |
| Sharpe Ratio | 0.12 | 1.83 |
| Daily Std Dev | 28.47% | 22.47% |
| Max Drawdown | -56.46% | -77.00% |
| Current Drawdown | -37.58% | -8.67% |
Fundamentals
| IRT | SPG | |
|---|---|---|
| Market Cap | $3.66B | $53.33B |
| EPS | -$0.04 | $6.98 |
| PE Ratio | 58.16 | 20.40 |
| PEG Ratio | 4.57 | 7.60 |
| Revenue (TTM) | $655.65M | $5.66B |
| Gross Profit (TTM) | $371.27M | $4.29B |
| EBITDA (TTM) | $363.35M | $4.11B |
Correlation
The correlation between IRT and SPG is 0.47, 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
In the year-to-date period, IRT achieves a 7.82% return, which is significantly higher than SPG's 1.50% return. Over the past 10 years, IRT has outperformed SPG with an annualized return of 12.57%, while SPG has yielded a comparatively lower 3.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
IRT vs. SPG - Dividend Comparison
IRT's dividend yield for the trailing twelve months is around 3.92%, less than SPG's 5.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRT Independence Realty Trust, Inc. | 3.92% | 4.05% | 3.20% | 1.86% | 4.02% | 5.11% | 7.84% | 7.14% | 8.07% | 9.59% | 7.73% | 3.20% |
SPG Simon Property Group, Inc. | 5.32% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% | 3.06% |
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.
Volatility
IRT vs. SPG - Volatility Comparison
Independence Realty Trust, Inc. (IRT) has a higher volatility of 8.14% compared to Simon Property Group, Inc. (SPG) at 6.23%. This indicates that IRT's price experiences larger fluctuations and is considered to be riskier than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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