MDV vs. VICI

Last updated Apr 2, 2026

Compare and contrast key facts about Modiv Inc (MDV) and VICI Properties Inc. (VICI).

Performance

MDV vs. VICI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Modiv Inc (MDV) and VICI Properties Inc. (VICI). The values are adjusted to include any dividend payments, if applicable.

MDV vs. VICI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MDV Modiv Inc	3.85%	4.65%	16.46%	35.12%	-80.95%
VICI VICI Properties Inc.	-0.76%	1.90%	-3.07%	3.58%	20.45%

Fundamentals

Market Cap MDV : $173.95M VICI : $29.34B
EPS MDV : $0.02 VICI : $2.61
PE Ratio MDV : 608.39 VICI : 10.53
PS Ratio MDV : 3.72 VICI : 7.30
PB Ratio MDV : 1.07 VICI : 1.06
Total Revenue (TTM) MDV : $46.39M VICI : $4.01B
Gross Profit (TTM) MDV : $33.16M VICI : $2.98B
EBITDA (TTM) MDV : $35.27M VICI : $2.85B

Returns By Period

In the year-to-date period, MDV achieves a 3.85% return, which is significantly higher than VICI's -0.76% return.

MDV

• 1D: 2.30%
• 1M: -3.64%
• YTD: 3.85%
• 6M: 4.15%
• 1Y: -0.94%
• 3Y*: 23.53%
• 5Y*: —
• 10Y*: —

VICI

• 1D: 0.51%
• 1M: -8.08%
• YTD: -0.76%
• 6M: -13.83%
• 1Y: -10.16%
• 3Y*: -0.13%
• 5Y*: 4.41%
• 10Y*: —

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

Return for Risk

MDV vs. VICI — Risk / Return Rank

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

MDV

MDV Risk / Return Rank: 36
MDV Sharpe Ratio Rank: 38
MDV Sortino Ratio Rank: 32
MDV Omega Ratio Rank: 32
MDV Calmar Ratio Rank: 38
MDV Martin Ratio Rank: 39

VICI

VICI Risk / Return Rank: 17
VICI Sharpe Ratio Rank: 16
VICI Sortino Ratio Rank: 15
VICI Omega Ratio Rank: 16
VICI Calmar Ratio Rank: 20
VICI Martin Ratio Rank: 19

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.

MDV vs. VICI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Modiv Inc (MDV) and VICI Properties Inc. (VICI). 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.

	MDV	VICI	Difference
Sharpe ratio Return per unit of total volatility	-0.04	-0.57	+0.53
Sortino ratio Return per unit of downside risk	0.12	-0.71	+0.82
Omega ratio Gain probability vs. loss probability	1.01	0.92	+0.10
Calmar ratio Return relative to maximum drawdown	-0.08	-0.60	+0.52
Martin ratio Return relative to average drawdown	-0.13	-1.17	+1.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MDV vs. VICI - Sharpe Ratio Comparison

The current MDV Sharpe Ratio is -0.04, which is higher than the VICI Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of MDV and VICI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MDV	VICI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.04	-0.57	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	0.35	-0.81

Correlation

The correlation between MDV and VICI is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MDV vs. VICI - Dividend Comparison

MDV's dividend yield for the trailing twelve months is around 8.04%, more than VICI's 6.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MDV Modiv Inc	8.04%	8.13%	7.73%	7.72%	9.58%	0.00%	0.00%	0.00%	0.00%
VICI VICI Properties Inc.	6.49%	6.28%	5.80%	5.05%	4.63%	4.58%	4.92%	4.58%	5.31%

Drawdowns

MDV vs. VICI - Drawdown Comparison

The maximum MDV drawdown since its inception was -85.04%, which is greater than VICI's maximum drawdown of -60.21%. Use the drawdown chart below to compare losses from any high point for MDV and VICI.

Drawdown Indicators

	MDV	VICI	Difference
Max Drawdown Largest peak-to-trough decline	-85.04%	-60.21%	-24.83%
Max Drawdown (1Y) Largest decline over 1 year	-15.34%	-17.88%	+2.54%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.61%	—
Current Drawdown Current decline from peak	-67.43%	-15.25%	-52.18%
Average Drawdown Average peak-to-trough decline	-72.84%	-8.08%	-64.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.50%	9.11%	+0.39%

Volatility

MDV vs. VICI - Volatility Comparison

Modiv Inc (MDV) has a higher volatility of 7.52% compared to VICI Properties Inc. (VICI) at 6.81%. This indicates that MDV's price experiences larger fluctuations and is considered to be riskier than VICI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MDV	VICI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.52%	6.81%	+0.71%
Volatility (6M) Calculated over the trailing 6-month period	15.14%	12.16%	+2.98%
Volatility (1Y) Calculated over the trailing 1-year period	24.80%	18.03%	+6.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.38%	21.12%	+31.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.38%	29.49%	+22.89%

Financials

MDV vs. VICI - Profitability Comparison

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

MDV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Modiv Inc reported a gross profit of 0.00 and revenue of 10.64M. Therefore, the gross margin over that period was 0.0%.

VICI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, VICI Properties Inc. reported a gross profit of 0.00 and revenue of 1.01B. Therefore, the gross margin over that period was 0.0%.

MDV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Modiv Inc reported an operating income of 5.08M and revenue of 10.64M, resulting in an operating margin of 47.7%.

VICI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, VICI Properties Inc. reported an operating income of 0.00 and revenue of 1.01B, resulting in an operating margin of 0.0%.

MDV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Modiv Inc reported a net income of 429.00K and revenue of 10.64M, resulting in a net margin of 4.0%.

VICI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, VICI Properties Inc. reported a net income of 604.77M and revenue of 1.01B, resulting in a net margin of 60.2%.