IVT vs. GMG.AX

Last updated Jun 9, 2026

IVT (Inventrust Properties Corp) and GMG.AX (Goodman Group) are both stocks. Both are in the Real Estate sector — IVT in REIT - Retail, GMG.AX in Real Estate - Diversified. Over the past 10 years, IVT returned 37.48%/yr vs 17.34%/yr for GMG.AX. At a 0.08 correlation, their price movements are largely independent.

Performance

IVT vs. GMG.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inventrust Properties Corp (IVT) and Goodman Group (GMG.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IVT is traded in USD, while GMG.AX is traded in AUD. To make them comparable, the GMG.AX values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IVT achieves a 22.51% return, which is significantly higher than GMG.AX's 7.72% return. Over the past 10 years, IVT has outperformed GMG.AX with an annualized return of 37.48%, while GMG.AX has yielded a comparatively lower 17.34% annualized return.

IVT

• 1D: 2.48%
• 1M: 9.38%
• YTD: 22.51%
• 6M: 24.07%
• 1Y: 26.05%
• 3Y*: 17.40%
• 5Y*: 96.59%
• 10Y*: 37.48%

GMG.AX

• 1D: -1.56%
• 1M: 1.61%
• YTD: 7.72%
• 6M: 14.22%
• 1Y: 3.17%
• 3Y*: 19.69%
• 5Y*: 8.48%
• 10Y*: 17.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IVT vs. GMG.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IVT Inventrust Properties Corp	22.51%	-3.19%	23.02%	11.01%	-10.31%	2,399.18%	-28.43%	3.60%	3.33%	-26.47%
GMG.AX Goodman Group	7.72%	-5.42%	28.55%	47.61%	-37.57%	33.35%	56.45%	26.69%	17.26%	32.17%

Correlation

The correlation between IVT and GMG.AX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.09
Correlation (All Time) Calculated using the full available price history since Feb 25, 2014	0.08

The correlation between IVT and GMG.AX shifts across timeframes, from 0.03 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

IVT vs. GMG.AX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IVT

IVT Risk / Return Rank: 82
IVT Sharpe Ratio Rank: 84
IVT Sortino Ratio Rank: 81
IVT Omega Ratio Rank: 78
IVT Calmar Ratio Rank: 84
IVT Martin Ratio Rank: 83

GMG.AX

GMG.AX Risk / Return Rank: 32
GMG.AX Sharpe Ratio Rank: 33
GMG.AX Sortino Ratio Rank: 29
GMG.AX Omega Ratio Rank: 28
GMG.AX Calmar Ratio Rank: 36
GMG.AX Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IVT vs. GMG.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inventrust Properties Corp (IVT) and Goodman Group (GMG.AX). 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.

	IVT	GMG.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	0.14	+1.45
Sortino ratio: Return per unit of downside risk	2.33	0.44	+1.89
Omega ratio: Gain probability vs. loss probability	1.28	1.05	+0.23
Calmar ratio: Return relative to maximum drawdown	3.03	0.16	+2.87
Martin ratio: Return relative to average drawdown	7.33	0.38	+6.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IVT vs. GMG.AX - Sharpe Ratio Comparison

The current IVT Sharpe Ratio is 1.59, which is higher than the GMG.AX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of IVT and GMG.AX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IVT	GMG.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	0.14	+1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.28	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	0.59	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.05	-0.05

Drawdowns

IVT vs. GMG.AX - Drawdown Comparison

The maximum IVT drawdown since its inception was -100.00%, roughly equal to the maximum GMG.AX drawdown of -98.16%. Use the drawdown chart below to compare losses from any high point for IVT and GMG.AX.

Drawdown Indicators

	IVT	GMG.AX	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-98.16%	-1.84%
Max Drawdown (1Y) Largest decline over 1 year	-8.63%	-26.03%	+17.40%
Max Drawdown (3Y) Largest decline over 3 years	-15.71%	-38.74%	+23.03%
Max Drawdown (5Y) Largest decline over 5 years	-74.53%	-48.87%	-25.66%
Max Drawdown (10Y) Largest decline over 10 years	-99.99%	-49.98%	-50.01%
Current Drawdown Current decline from peak	0.00%	-12.72%	+12.72%
Average Drawdown Average peak-to-trough decline	-41.13%	-54.13%	+13.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	10.87%	-7.31%

Volatility

IVT vs. GMG.AX - Volatility Comparison

The current volatility for Inventrust Properties Corp (IVT) is 5.52%, while Goodman Group (GMG.AX) has a volatility of 8.23%. This indicates that IVT experiences smaller price fluctuations and is considered to be less risky than GMG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVT	GMG.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.52%	8.23%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	11.32%	23.92%	-12.60%
Volatility (1Y) Calculated over the trailing 1-year period	16.45%	28.71%	-12.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	423.74%	30.09%	+393.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	297,920.06%	29.40%	+297,890.66%

Dividends

IVT vs. GMG.AX - Dividend Comparison

IVT's dividend yield for the trailing twelve months is around 2.81%, more than GMG.AX's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMG.AX Goodman Group	0.96%	0.97%	0.42%	1.19%	1.73%	0.74%	0.80%	1.17%	2.75%	3.20%	3.48%	3.67%
IVT Inventrust Properties Corp	2.81%	3.37%	3.00%	3.40%	3.47%	0.82%	1.72%	3.51%	0.00%	1.13%	4.18%	0.77%

Financials

Frequently Asked Questions

Can I hold both IVT and GMG.AX in my portfolio?

IVT and GMG.AX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.