IRT vs. SPY

In the year-to-date period, IRT achieves a -1.92% return, which is significantly lower than SPY's -0.23% return. Over the past 10 years, IRT has outperformed SPY with an annualized return of 14.03%, while SPY has yielded a comparatively lower 12.59% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Independence Realty Trust, Inc. (IRT) and SPDR S&P 500 ETF (SPY). 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.

The current IRT Sharpe Ratio is 0.79, which is comparable to the SPY Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of IRT and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

IRT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.23%.

The maximum IRT drawdown since its inception was -56.46%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IRT and SPY. For additional features, visit the drawdowns tool.

The current volatility for Independence Realty Trust, Inc. (IRT) is 5.72%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.39%. This indicates that IRT experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.