LEN vs. DVA

Last updated Jun 23, 2026

LEN (Lennar Corporation) and DVA (DaVita Inc.) are both stocks. LEN operates in Residential Construction (Consumer Cyclical), while DVA operates in Medical Care Facilities (Healthcare). Over the past 10 years, LEN returned 8.57%/yr vs 10.73%/yr for DVA. At a 0.26 correlation, their price movements are largely independent.

Performance

LEN vs. DVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lennar Corporation (LEN) and DaVita Inc. (DVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LEN achieves a -14.11% return, which is significantly lower than DVA's 84.56% return. Over the past 10 years, LEN has underperformed DVA with an annualized return of 8.57%, while DVA has yielded a comparatively higher 10.73% annualized return.

LEN

• 1D: -2.55%
• 1M: -1.60%
• YTD: -14.11%
• 6M: -17.47%
• 1Y: -16.31%
• 3Y*: -8.22%
• 5Y*: 0.11%
• 10Y*: 8.57%

DVA

• 1D: 0.85%
• 1M: 5.62%
• YTD: 84.56%
• 6M: 79.97%
• 1Y: 53.12%
• 3Y*: 28.98%
• 5Y*: 11.74%
• 10Y*: 10.73%

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

LEN vs. DVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LEN Lennar Corporation	-14.11%	-20.80%	-7.32%	66.92%	-20.64%	53.99%	37.97%	42.96%	-37.91%	50.28%
DVA DaVita Inc.	84.56%	-24.03%	42.75%	40.30%	-34.36%	-3.10%	56.47%	45.80%	-28.78%	12.54%

Correlation

The correlation between LEN and DVA is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Oct 31, 1995	0.26

Fundamentals

EPS LEN : $7.91 DVA : $13.07
PE Ratio LEN : 11.06 DVA : 16.05
PS Ratio LEN : 0.66 DVA : 0.91
Total Revenue (TTM) LEN : $32.74B DVA : $13.84B
Gross Profit (TTM) LEN : $1.72B DVA : $3.23B
EBITDA (TTM) LEN : $2.36B DVA : $2.49B

Return for Risk

LEN vs. DVA — Risk / Return Rank

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

LEN

LEN Risk / Return Rank: 25
LEN Sharpe Ratio Rank: 23
LEN Sortino Ratio Rank: 22
LEN Omega Ratio Rank: 23
LEN Calmar Ratio Rank: 28
LEN Martin Ratio Rank: 28

DVA

DVA Risk / Return Rank: 77
DVA Sharpe Ratio Rank: 77
DVA Sortino Ratio Rank: 83
DVA Omega Ratio Rank: 81
DVA Calmar Ratio Rank: 72
DVA Martin Ratio Rank: 71

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.

LEN vs. DVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lennar Corporation (LEN) and DaVita Inc. (DVA). 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.

	LEN	DVA	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	1.24	-1.68
Sortino ratio: Return per unit of downside risk	-0.42	2.42	-2.84
Omega ratio: Gain probability vs. loss probability	0.95	1.30	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.40	1.70	-2.10
Martin ratio: Return relative to average drawdown	-0.72	3.80	-4.52

LEN vs. DVA - Sharpe Ratio Comparison

The current LEN Sharpe Ratio is -0.43, which is lower than the DVA Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of LEN and DVA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LEN vs. DVA - Drawdown Comparison

The maximum LEN drawdown since its inception was -94.28%, roughly equal to the maximum DVA drawdown of -92.91%. Use the drawdown chart below to compare losses from any high point for LEN and DVA.

Drawdown Indicators

	LEN	DVA	Difference
Max Drawdown Largest peak-to-trough decline	-94.28%	-92.91%	-1.37%
Max Drawdown (1Y) Largest decline over 1 year	-41.39%	-31.36%	-10.03%
Max Drawdown (3Y) Largest decline over 3 years	-54.51%	-41.43%	-13.08%
Max Drawdown (5Y) Largest decline over 5 years	-54.51%	-51.10%	-3.41%
Max Drawdown (10Y) Largest decline over 10 years	-58.80%	-51.10%	-7.70%
Current Drawdown Current decline from peak	-51.66%	-0.43%	-51.23%
Average Drawdown Average peak-to-trough decline	-26.31%	-20.04%	-6.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.73%	14.01%	+8.72%

Volatility

LEN vs. DVA - Volatility Comparison

Lennar Corporation (LEN) has a higher volatility of 11.44% compared to DaVita Inc. (DVA) at 7.45%. This indicates that LEN's price experiences larger fluctuations and is considered to be riskier than DVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LEN	DVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.44%	7.45%	+3.99%
Volatility (6M) Calculated over the trailing 6-month period	27.14%	35.07%	-7.93%
Volatility (1Y) Calculated over the trailing 1-year period	37.85%	43.08%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.65%	37.30%	-2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.37%	34.76%	+2.61%

Dividends

LEN vs. DVA - Dividend Comparison

LEN's dividend yield for the trailing twelve months is around 2.29%, while DVA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVA DaVita Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LEN Lennar Corporation	2.29%	1.95%	1.47%	1.01%	1.66%	0.86%	0.82%	0.29%	0.41%	0.25%	0.37%	0.33%

Financials

LEN vs. DVA - Profitability Comparison

The chart below illustrates the profitability comparison between Lennar Corporation and DaVita Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LEN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported a gross profit of -390.70M and revenue of 7.94B. Therefore, the gross margin over that period was -4.9%.

DVA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DaVita Inc. reported a gross profit of 0.00 and revenue of 3.42B. Therefore, the gross margin over that period was 0.0%.

LEN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported an operating income of 629.34M and revenue of 7.94B, resulting in an operating margin of 7.9%.

DVA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DaVita Inc. reported an operating income of 481.89M and revenue of 3.42B, resulting in an operating margin of 14.1%.

LEN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lennar Corporation reported a net income of 656.43M and revenue of 7.94B, resulting in a net margin of 8.3%.

DVA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DaVita Inc. reported a net income of 197.53M and revenue of 3.42B, resulting in a net margin of 5.8%.

Frequently Asked Questions

Can I hold both LEN and DVA in my portfolio?

LEN and DVA have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LEN or DVA?

LEN has higher volatility (11.44%) compared to DVA (7.45%). In terms of maximum drawdown, LEN dropped -94.28% vs DVA's -92.91%.

Which has better risk-adjusted returns?

DVA currently has the higher Sharpe Ratio (1.24 vs -0.43), 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.