IRT vs. VOO
IRT (Independence Realty Trust, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, IRT returned 13.00%/yr vs 15.77%/yr for VOO. At a 0.41 correlation, their price movements are largely independent.
Performance
IRT vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IRT achieves a -7.36% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, IRT has underperformed VOO with an annualized return of 13.00%, while VOO has yielded a comparatively higher 15.77% 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%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
IRT vs. VOO - 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% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between IRT and VOO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2013 | 0.41 |
Over the past year, the correlation between IRT and VOO has dropped to 0.13 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IRT vs. VOO — Risk / Return Rank
IRT
VOO
IRT vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Independence Realty Trust, Inc. (IRT) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.46 | ||
| Sortino ratioReturn per unit of downside risk | -3.19 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.39 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 3.02 | -3.39 |
| Martin ratioReturn relative to average drawdown | -0.81 | 13.58 | -14.39 |
Loading charts...
Drawdowns
IRT vs. VOO - Drawdown Comparison
The maximum IRT drawdown since its inception was -56.46%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IRT and VOO.
Loading charts...
Drawdown Indicators
| IRT | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.46% | -33.99% | -22.47% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -8.90% | -6.99% |
Max Drawdown (3Y)Largest decline over 3 years | -33.83% | -18.69% | -15.14% |
Max Drawdown (5Y)Largest decline over 5 years | -54.73% | -24.52% | -30.21% |
Max Drawdown (10Y)Largest decline over 10 years | -56.46% | -33.99% | -22.47% |
Current DrawdownCurrent decline from peak | -34.15% | -1.74% | -32.41% |
Average DrawdownAverage peak-to-trough decline | -16.64% | -3.68% | -12.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.33% | 1.98% | +5.35% |
Volatility
IRT vs. VOO - Volatility Comparison
Independence Realty Trust, Inc. (IRT) has a higher volatility of 6.44% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that IRT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IRT | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 4.60% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 9.73% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.15% | 12.39% | +8.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.09% | 16.90% | +10.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 18.05% | +11.85% |
Dividends
IRT vs. VOO - Dividend Comparison
IRT's dividend yield for the trailing twelve months is around 4.25%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
IRT and VOO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRT has higher volatility (6.44%) compared to VOO (4.60%). In terms of maximum drawdown, IRT dropped -56.46% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 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.
Find the right allocation for IRT and VOO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer