KRC vs. AVB
KRC (Kilroy Realty Corporation) and AVB (AvalonBay Communities, Inc.) are both stocks. Both are in the Real Estate sector — KRC in REIT - Office, AVB in REIT - Residential. Over the past 10 years, KRC returned -0.64%/yr vs 4.47%/yr for AVB. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
KRC vs. AVB - Performance Comparison
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Returns By Period
In the year-to-date period, KRC achieves a 3.37% return, which is significantly lower than AVB's 4.63% return. Over the past 10 years, KRC has underperformed AVB with an annualized return of -0.64%, while AVB has yielded a comparatively higher 4.47% annualized return.
KRC
- 1D
- 2.32%
- 1M
- 8.57%
- YTD
- 3.37%
- 6M
- -3.11%
- 1Y
- 15.44%
- 3Y*
- 15.13%
- 5Y*
- -7.32%
- 10Y*
- -0.64%
AVB
- 1D
- -1.11%
- 1M
- 1.92%
- YTD
- 4.63%
- 6M
- 7.83%
- 1Y
- -4.05%
- 3Y*
- 3.50%
- 5Y*
- 1.10%
- 10Y*
- 4.47%
KRC vs. AVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KRC Kilroy Realty Corporation | 3.37% | -2.00% | 7.81% | 10.09% | -39.25% | 19.30% | -29.18% | 36.76% | -13.54% | 4.28% |
AVB AvalonBay Communities, Inc. | 4.63% | -14.60% | 21.44% | 20.34% | -33.92% | 62.17% | -20.27% | 24.10% | 1.00% | 3.89% |
Correlation
The correlation between KRC and AVB is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 1997 | 0.62 |
Over the past year, the correlation between KRC and AVB has dropped to 0.39 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
Fundamentals
KRC:
$2.32
AVB:
$8.02
KRC:
16.30
AVB:
23.40
KRC:
4.05
AVB:
8.72
KRC:
$1.11B
AVB:
$3.06B
KRC:
$745.51M
AVB:
$2.08B
KRC:
$808.51M
AVB:
$1.99B
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Return for Risk
KRC vs. AVB — Risk / Return Rank
KRC
AVB
KRC vs. AVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kilroy Realty Corporation (KRC) and AvalonBay Communities, Inc. (AVB). 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.
| KRC | AVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.98 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | -0.19 | +0.63 |
| Martin ratioReturn relative to average drawdown | 0.93 | -0.37 | +1.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KRC | AVB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | -0.20 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | 0.05 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.18 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.42 | -0.23 |
Drawdowns
KRC vs. AVB - Drawdown Comparison
The maximum KRC drawdown since its inception was -81.27%, which is greater than AVB's maximum drawdown of -70.04%. Use the drawdown chart below to compare losses from any high point for KRC and AVB.
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Drawdown Indicators
| KRC | AVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.27% | -70.04% | -11.23% |
Max Drawdown (1Y)Largest decline over 1 year | -35.32% | -20.87% | -14.45% |
Max Drawdown (3Y)Largest decline over 3 years | -35.32% | -29.40% | -5.92% |
Max Drawdown (5Y)Largest decline over 5 years | -64.91% | -38.36% | -26.55% |
Max Drawdown (10Y)Largest decline over 10 years | -66.55% | -46.91% | -19.64% |
Current DrawdownCurrent decline from peak | -41.35% | -16.71% | -24.64% |
Average DrawdownAverage peak-to-trough decline | -23.42% | -11.74% | -11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.63% | 10.95% | +5.68% |
Volatility
KRC vs. AVB - Volatility Comparison
Kilroy Realty Corporation (KRC) has a higher volatility of 7.84% compared to AvalonBay Communities, Inc. (AVB) at 5.81%. This indicates that KRC's price experiences larger fluctuations and is considered to be riskier than AVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRC | AVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.84% | 5.81% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 22.38% | 15.17% | +7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.83% | 20.23% | +7.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.96% | 22.21% | +11.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.59% | 24.69% | +6.90% |
Dividends
KRC vs. AVB - Dividend Comparison
KRC's dividend yield for the trailing twelve months is around 5.70%, more than AVB's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVB AvalonBay Communities, Inc. | 3.75% | 3.86% | 3.09% | 3.53% | 3.94% | 2.52% | 3.96% | 2.90% | 3.38% | 3.18% | 3.05% | 2.72% |
KRC Kilroy Realty Corporation | 5.70% | 5.78% | 5.34% | 5.42% | 5.48% | 3.07% | 3.43% | 2.28% | 2.85% | 2.21% | 4.61% | 2.21% |
Financials
KRC vs. AVB - Financials Comparison
This section allows you to compare key financial metrics between Kilroy Realty Corporation and AvalonBay Communities, 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
KRC vs. AVB - Profitability Comparison
KRC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kilroy Realty Corporation reported a gross profit of 181.91M and revenue of 272.22M. Therefore, the gross margin over that period was 66.8%.
AVB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a gross profit of 521.68M and revenue of 770.28M. Therefore, the gross margin over that period was 67.7%.
KRC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kilroy Realty Corporation reported an operating income of 67.76M and revenue of 272.22M, resulting in an operating margin of 24.9%.
AVB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported an operating income of 218.54M and revenue of 770.28M, resulting in an operating margin of 28.4%.
KRC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kilroy Realty Corporation reported a net income of 12.42M and revenue of 272.22M, resulting in a net margin of 4.6%.
AVB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a net income of 325.73M and revenue of 770.28M, resulting in a net margin of 42.3%.
Frequently Asked Questions
KRC and AVB have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRC has higher volatility (7.84%) compared to AVB (5.81%). In terms of maximum drawdown, KRC dropped -81.27% vs AVB's -70.04%.
KRC currently has the higher Sharpe Ratio (0.56 vs -0.20), 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.
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