IVR vs. ORC
IVR (Invesco Mortgage Capital Inc.) and ORC (Orchid Island Capital, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, IVR returned -11.60%/yr vs -3.30%/yr for ORC. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
IVR vs. ORC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVR achieves a 2.32% return, which is significantly higher than ORC's 0.49% return. Over the past 10 years, IVR has underperformed ORC with an annualized return of -11.60%, while ORC has yielded a comparatively higher -3.30% annualized return.
IVR
- 1D
- -0.62%
- 1M
- 2.83%
- YTD
- 2.32%
- 6M
- 1.70%
- 1Y
- 28.67%
- 3Y*
- 7.35%
- 5Y*
- -13.59%
- 10Y*
- -11.60%
ORC
- 1D
- 1.36%
- 1M
- 0.26%
- YTD
- 0.49%
- 6M
- 0.23%
- 1Y
- 15.51%
- 3Y*
- 4.64%
- 5Y*
- -8.40%
- 10Y*
- -3.30%
IVR vs. ORC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVR Invesco Mortgage Capital Inc. | 2.32% | 24.87% | 9.03% | -14.30% | -44.56% | -9.34% | -72.54% | 28.97% | -6.81% | 34.61% |
ORC Orchid Island Capital, Inc. | 0.49% | 12.66% | 9.87% | -3.10% | -41.63% | 0.07% | 4.75% | 6.68% | -20.38% | 1.07% |
Correlation
The correlation between IVR and ORC is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2013 | 0.57 |
The correlation between IVR and ORC shifts across timeframes, from 0.57 (all time) to 0.75 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
IVR:
$1.64
ORC:
$0.85
IVR:
4.87
ORC:
7.85
IVR:
0.32
ORC:
0.03
IVR:
1.84
ORC:
5.61
IVR:
$215.91M
ORC:
$181.13M
IVR:
$138.51M
ORC:
$87.42M
IVR:
$246.65M
ORC:
$197.11M
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
IVR vs. ORC — Risk / Return Rank
IVR
ORC
IVR vs. ORC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Mortgage Capital Inc. (IVR) and Orchid Island Capital, Inc. (ORC). 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.
| IVR | ORC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.14 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 0.94 | +0.80 |
| Martin ratioReturn relative to average drawdown | 4.65 | 2.14 | +2.51 |
Loading charts...
Drawdowns
IVR vs. ORC - Drawdown Comparison
The maximum IVR drawdown since its inception was -92.55%, which is greater than ORC's maximum drawdown of -75.77%. Use the drawdown chart below to compare losses from any high point for IVR and ORC.
Loading charts...
Drawdown Indicators
| IVR | ORC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.55% | -75.77% | -16.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.54% | -16.58% | +0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -45.38% | -43.06% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -76.67% | -65.50% | -11.17% |
Max Drawdown (10Y)Largest decline over 10 years | -92.55% | -75.77% | -16.78% |
Current DrawdownCurrent decline from peak | -84.98% | -45.82% | -39.16% |
Average DrawdownAverage peak-to-trough decline | -35.94% | -28.85% | -7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.19% | 7.28% | -1.09% |
Volatility
IVR vs. ORC - Volatility Comparison
The current volatility for Invesco Mortgage Capital Inc. (IVR) is 4.84%, while Orchid Island Capital, Inc. (ORC) has a volatility of 6.40%. This indicates that IVR experiences smaller price fluctuations and is considered to be less risky than ORC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVR | ORC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 6.40% | -1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 17.50% | 17.76% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.56% | 21.41% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.33% | 29.78% | +5.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.15% | 37.71% | +18.44% |
Dividends
IVR vs. ORC - Dividend Comparison
IVR's dividend yield for the trailing twelve months is around 20.50%, less than ORC's 20.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVR Invesco Mortgage Capital Inc. | 20.50% | 16.41% | 19.88% | 25.40% | 26.32% | 12.59% | 31.66% | 11.11% | 14.95% | 9.14% | 10.96% | 13.72% |
ORC Orchid Island Capital, Inc. | 20.90% | 20.00% | 18.51% | 21.35% | 29.67% | 17.33% | 15.13% | 16.41% | 16.74% | 18.10% | 15.51% | 19.34% |
Financials
IVR vs. ORC - Financials Comparison
This section allows you to compare key financial metrics between Invesco Mortgage Capital Inc. and Orchid Island Capital, 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
IVR and ORC have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ORC has higher volatility (6.40%) compared to IVR (4.84%). In terms of maximum drawdown, IVR dropped -92.55% vs ORC's -75.77%.
IVR currently has the higher Sharpe Ratio (1.28 vs 0.73), 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 IVR and ORC
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