LTC vs. NHI
LTC (LTC Properties, Inc.) and NHI (National Health Investors, Inc.) are both stocks. Both operate in the REIT - Healthcare Facilities industry within the Real Estate sector. Over the past 10 years, LTC returned 3.19%/yr vs 5.69%/yr for NHI. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
LTC vs. NHI - Performance Comparison
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Returns By Period
In the year-to-date period, LTC achieves a 21.18% return, which is significantly higher than NHI's 2.72% return. Over the past 10 years, LTC has underperformed NHI with an annualized return of 3.19%, while NHI has yielded a comparatively higher 5.69% annualized return.
LTC
- 1D
- -0.15%
- 1M
- 2.91%
- 6M
- 13.66%
- YTD
- 21.18%
- 1Y
- 24.80%
- 3Y*
- 13.29%
- 5Y*
- 7.96%
- 10Y*
- 3.19%
- ALL TIME*
- 11.48%
NHI
- 1D
- 0.76%
- 1M
- -1.08%
- 6M
- -4.47%
- YTD
- 2.72%
- 1Y
- 12.61%
- 3Y*
- 17.83%
- 5Y*
- 8.41%
- 10Y*
- 5.69%
- ALL TIME*
- 12.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.74M | $23.59M | $20.82M | |
| $31.03M | $32.05M | $47.88M |
LTC vs. NHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTC LTC Properties, Inc. | 21.18% | 6.17% | 14.94% | -3.25% | 10.52% | -6.77% | -7.56% | 12.79% | 1.12% | -2.74% |
NHI National Health Investors, Inc. | 2.72% | 15.69% | 30.71% | 14.57% | -3.26% | -11.74% | -8.67% | 13.67% | 5.93% | 6.88% |
Correlation
The correlation between LTC and NHI is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 1992 | 0.52 |
Over the past year, LTC and NHI have become more correlated (0.74) than their long-term average of 0.52, meaning their price movements have been converging.
Fundamentals
LTC:
$2.06B
NHI:
$3.72B
LTC:
$2.56
NHI:
$3.10
LTC:
15.72
NHI:
24.72
LTC:
0.76
NHI:
0.23
LTC:
6.14
NHI:
9.10
LTC:
1.78
NHI:
2.46
LTC:
$309.23M
NHI:
$402.19M
LTC:
$246.28M
NHI:
$210.78M
LTC:
$204.19M
NHI:
$233.74M
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Return for Risk
LTC vs. NHI — Risk / Return Rank
LTC
NHI
LTC vs. NHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LTC Properties, Inc. (LTC) and National Health Investors, Inc. (NHI). 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.
| LTC | NHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.13 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 0.62 | +1.47 |
| Martin ratioReturn relative to average drawdown | 6.21 | 1.61 | +4.60 |
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Drawdowns
LTC vs. NHI - Drawdown Comparison
The maximum LTC drawdown since its inception was -80.13%, roughly equal to the maximum NHI drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for LTC and NHI.
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Drawdown Indicators
| LTC | NHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.13% | -82.88% | +2.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -24.09% | +11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -14.50% | -24.09% | +9.59% |
Max Drawdown (5Y)Largest decline over 5 years | -27.80% | -25.68% | -2.12% |
Max Drawdown (10Y)Largest decline over 10 years | -51.41% | -63.04% | +11.63% |
Current DrawdownCurrent decline from peak | -5.58% | -13.82% | +8.24% |
Average DrawdownAverage peak-to-trough decline | -15.91% | -15.01% | -0.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 9.33% | -5.18% |
Volatility
LTC vs. NHI - Volatility Comparison
The current volatility for LTC Properties, Inc. (LTC) is 6.85%, while National Health Investors, Inc. (NHI) has a volatility of 7.25%. This indicates that LTC experiences smaller price fluctuations and is considered to be less risky than NHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LTC | NHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.85% | 7.25% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 15.57% | 19.09% | -3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.01% | 22.87% | -3.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.97% | 23.81% | -2.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.18% | 31.08% | -3.90% |
Dividends
LTC vs. NHI - Dividend Comparison
LTC's dividend yield for the trailing twelve months is around 5.67%, more than NHI's 4.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTC LTC Properties, Inc. | 5.67% | 6.63% | 6.60% | 7.10% | 6.42% | 6.68% | 5.86% | 5.09% | 5.47% | 5.24% | 4.66% | 4.80% |
NHI National Health Investors, Inc. | 4.80% | 4.77% | 5.19% | 6.45% | 6.89% | 6.62% | 6.38% | 5.15% | 5.30% | 5.04% | 4.85% | 5.59% |
Financials
LTC vs. NHI - Financials Comparison
This section allows you to compare key financial metrics between LTC Properties, Inc. and National Health Investors, 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
LTC vs. NHI - Profitability Comparison
LTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, LTC Properties, Inc. reported a gross profit of 94.72M and revenue of 95.41M. Therefore, the gross margin over that period was 99.3%.
NHI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, National Health Investors, Inc. reported a gross profit of 0.00 and revenue of 115.13M. Therefore, the gross margin over that period was 0.0%.
LTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, LTC Properties, Inc. reported an operating income of 58.52M and revenue of 95.41M, resulting in an operating margin of 61.3%.
NHI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, National Health Investors, Inc. reported an operating income of 35.00K and revenue of 115.13M, resulting in an operating margin of 0.0%.
LTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, LTC Properties, Inc. reported a net income of 23.59M and revenue of 95.41M, resulting in a net margin of 24.7%.
NHI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, National Health Investors, Inc. reported a net income of 40.02M and revenue of 115.13M, resulting in a net margin of 34.8%.
Frequently Asked Questions
LTC and NHI have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NHI has higher volatility (7.25%) compared to LTC (6.85%). In terms of maximum drawdown, LTC dropped -80.13% vs NHI's -82.88%.
LTC currently has the higher Sharpe Ratio (1.36 vs 0.66), 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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