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MAA vs. EQR
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

MAA vs. EQR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mid-America Apartment Communities, Inc. (MAA) and Equity Residential (EQR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MAA achieves a -1.32% return, which is significantly lower than EQR's 6.65% return. Over the past 10 years, MAA has outperformed EQR with an annualized return of 6.64%, while EQR has yielded a comparatively lower 4.11% annualized return.


MAA

1D
1.33%
1M
2.10%
YTD
-1.32%
6M
0.61%
1Y
-6.74%
3Y*
1.42%
5Y*
-0.94%
10Y*
6.64%

EQR

1D
1.50%
1M
-0.76%
YTD
6.65%
6M
7.87%
1Y
-0.60%
3Y*
5.70%
5Y*
0.31%
10Y*
4.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MAA vs. EQR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MAA
Mid-America Apartment Communities, Inc.
-1.32%-6.36%19.94%-10.44%-29.75%85.87%-0.64%42.52%-1.06%6.28%
EQR
Equity Residential
6.65%-8.57%20.81%8.34%-32.46%57.33%-23.61%26.16%7.08%2.19%

Correlation

The correlation between MAA and EQR is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.85

Correlation (10Y)
Calculated over the trailing 10-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Jan 28, 1994

0.63

Over the past year, MAA and EQR have become more correlated (0.86) than their long-term average of 0.63, meaning their price movements have been converging.

Fundamentals

EPS

MAA:

$4.58

EQR:

$2.47

PE Ratio

MAA:

29.22

EQR:

26.64

PS Ratio

MAA:

7.09

EQR:

8.14

Total Revenue (TTM)

MAA:

$1.66B

EQR:

$3.12B

Gross Profit (TTM)

MAA:

$450.10M

EQR:

$1.63B

EBITDA (TTM)

MAA:

$1.28B

EQR:

$2.53B

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Return for Risk

MAA vs. EQR — Risk / Return Rank

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

MAA
MAA Risk / Return Rank: 2727
Overall Rank
MAA Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
MAA Sortino Ratio Rank: 2323
Sortino Ratio Rank
MAA Omega Ratio Rank: 2424
Omega Ratio Rank
MAA Calmar Ratio Rank: 3232
Calmar Ratio Rank
MAA Martin Ratio Rank: 3232
Martin Ratio Rank

EQR
EQR Risk / Return Rank: 3838
Overall Rank
EQR Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
EQR Sortino Ratio Rank: 3434
Sortino Ratio Rank
EQR Omega Ratio Rank: 3434
Omega Ratio Rank
EQR Calmar Ratio Rank: 4141
Calmar Ratio Rank
EQR Martin Ratio Rank: 4141
Martin Ratio Rank
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.

MAA vs. EQR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mid-America Apartment Communities, Inc. (MAA) and Equity Residential (EQR). 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.


MAAEQRDifference
Sharpe ratioReturn per unit of total volatility

-0.33

Sortino ratioReturn per unit of downside risk

-0.49

Omega ratioGain probability vs. loss probability

0.95

1.01

-0.06

Calmar ratioReturn relative to maximum drawdown

-0.35

-0.05

-0.30

Martin ratioReturn relative to average drawdown

-0.61

-0.09

-0.52

MAA vs. EQR - Sharpe Ratio Comparison

The current MAA Sharpe Ratio is -0.36, which is lower than the EQR Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of MAA and EQR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

MAA vs. EQR - Drawdown Comparison

The maximum MAA drawdown since its inception was -60.29%, smaller than the maximum EQR drawdown of -67.40%. Use the drawdown chart below to compare losses from any high point for MAA and EQR.


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Drawdown Indicators


MAAEQRDifference

Max Drawdown

Largest peak-to-trough decline

-60.29%

-67.40%

+7.11%

Max Drawdown (1Y)

Largest decline over 1 year

-19.49%

-13.30%

-6.19%

Max Drawdown (3Y)

Largest decline over 3 years

-26.41%

-22.12%

-4.29%

Max Drawdown (5Y)

Largest decline over 5 years

-45.01%

-39.32%

-5.69%

Max Drawdown (10Y)

Largest decline over 10 years

-45.01%

-45.91%

+0.90%

Current Drawdown

Current decline from peak

-30.27%

-16.92%

-13.35%

Average Drawdown

Average peak-to-trough decline

-10.42%

-12.14%

+1.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.12%

7.07%

+4.05%

Volatility

MAA vs. EQR - Volatility Comparison

Mid-America Apartment Communities, Inc. (MAA) has a higher volatility of 6.08% compared to Equity Residential (EQR) at 5.64%. This indicates that MAA's price experiences larger fluctuations and is considered to be riskier than EQR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MAAEQRDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.08%

5.64%

+0.44%

Volatility (6M)

Calculated over the trailing 6-month period

14.19%

14.86%

-0.67%

Volatility (1Y)

Calculated over the trailing 1-year period

18.93%

20.29%

-1.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.20%

22.50%

-0.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.16%

24.98%

-0.82%

Dividends

MAA vs. EQR - Dividend Comparison

MAA's dividend yield for the trailing twelve months is around 4.55%, more than EQR's 4.23% yield.


PositionTTM20252024202320222021202020192018201720162015
EQR
Equity Residential
4.23%4.37%2.82%4.33%4.24%2.66%4.07%2.81%3.27%3.16%20.22%2.71%
MAA
Mid-America Apartment Communities, Inc.
4.55%4.36%3.80%4.96%2.98%1.79%3.16%2.91%3.86%3.46%3.35%3.39%

Financials

MAA vs. EQR - Financials Comparison

This section allows you to compare key financial metrics between Mid-America Apartment Communities, Inc. and Equity Residential. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M202220232024202520260
779.85M
(MAA) Total Revenue
(EQR) Total Revenue
Values in USD except per share items

Frequently Asked Questions


MAA and EQR have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MAA has higher volatility (6.08%) compared to EQR (5.64%). In terms of maximum drawdown, MAA dropped -60.29% vs EQR's -67.40%.

EQR currently has the higher Sharpe Ratio (-0.03 vs -0.36), 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.

Portfolio Optimizer

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