NHI vs. HST

Last updated Jun 4, 2026

NHI (National Health Investors, Inc.) and HST (Host Hotels & Resorts, Inc.) are both stocks. Both are in the Real Estate sector — NHI in REIT - Healthcare Facilities, HST in REIT - Hotel & Motel. Over the past 10 years, NHI returned 5.67%/yr vs 8.52%/yr for HST. At a 0.34 correlation, their price movements are largely independent.

Performance

NHI vs. HST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Health Investors, Inc. (NHI) and Host Hotels & Resorts, Inc. (HST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NHI achieves a -7.92% return, which is significantly lower than HST's 35.95% return. Over the past 10 years, NHI has underperformed HST with an annualized return of 5.67%, while HST has yielded a comparatively higher 8.52% annualized return.

NHI

• 1D: -2.21%
• 1M: -8.15%
• YTD: -7.92%
• 6M: -9.74%
• 1Y: 1.59%
• 3Y*: 15.05%
• 5Y*: 6.92%
• 10Y*: 5.67%

HST

• 1D: 0.85%
• 1M: 14.33%
• YTD: 35.95%
• 6M: 39.15%
• 1Y: 60.68%
• 3Y*: 16.74%
• 5Y*: 10.78%
• 10Y*: 8.52%

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

NHI vs. HST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NHI National Health Investors, Inc.	-7.92%	15.69%	30.71%	14.57%	-3.26%	-11.74%	-8.67%	13.67%	5.93%	6.88%
HST Host Hotels & Resorts, Inc.	35.95%	7.21%	-5.48%	27.61%	-4.62%	18.87%	-19.71%	16.65%	-12.15%	10.22%

Correlation

The correlation between NHI and HST is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Oct 10, 1991	0.34

Over the past year, the correlation between NHI and HST has dropped to 0.12 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Fundamentals

EPS NHI : $3.12 HST : $1.94
PE Ratio NHI : 22.32 HST : 12.28
PS Ratio NHI : 8.21 HST : 2.01
Total Revenue (TTM) NHI : $402.19M HST : $6.17B
Gross Profit (TTM) NHI : $210.78M HST : $1.56B
EBITDA (TTM) NHI : $233.74M HST : $1.95B

Return for Risk

NHI vs. HST — Risk / Return Rank

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

NHI

NHI Risk / Return Rank: 40
NHI Sharpe Ratio Rank: 43
NHI Sortino Ratio Rank: 36
NHI Omega Ratio Rank: 35
NHI Calmar Ratio Rank: 42
NHI Martin Ratio Rank: 43

HST

HST Risk / Return Rank: 92
HST Sharpe Ratio Rank: 92
HST Sortino Ratio Rank: 92
HST Omega Ratio Rank: 88
HST Calmar Ratio Rank: 94
HST Martin Ratio Rank: 93

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.

NHI vs. HST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Health Investors, Inc. (NHI) and Host Hotels & Resorts, Inc. (HST). 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.

	NHI	HST	Difference
Sharpe ratio Return per unit of total volatility	0.07	2.51	-2.43
Sortino ratio Return per unit of downside risk	0.24	3.50	-3.26
Omega ratio Gain probability vs. loss probability	1.03	1.40	-0.37
Calmar ratio Return relative to maximum drawdown	0.07	6.43	-6.36
Martin ratio Return relative to average drawdown	0.23	16.78	-16.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NHI vs. HST - Sharpe Ratio Comparison

The current NHI Sharpe Ratio is 0.07, which is lower than the HST Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of NHI and HST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NHI	HST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	2.51	-2.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.36	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.25	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.11	+0.28

Drawdowns

NHI vs. HST - Drawdown Comparison

The maximum NHI drawdown since its inception was -82.88%, smaller than the maximum HST drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for NHI and HST.

Drawdown Indicators

	NHI	HST	Difference
Max Drawdown Largest peak-to-trough decline	-82.88%	-95.26%	+12.38%
Max Drawdown (1Y) Largest decline over 1 year	-22.74%	-9.48%	-13.26%
Max Drawdown (3Y) Largest decline over 3 years	-22.74%	-36.03%	+13.29%
Max Drawdown (5Y) Largest decline over 5 years	-25.68%	-36.03%	+10.35%
Max Drawdown (10Y) Largest decline over 10 years	-63.04%	-55.04%	-8.00%
Current Drawdown Current decline from peak	-22.74%	0.00%	-22.74%
Average Drawdown Average peak-to-trough decline	-15.01%	-41.04%	+26.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.81%	3.63%	+3.18%

Volatility

NHI vs. HST - Volatility Comparison

National Health Investors, Inc. (NHI) and Host Hotels & Resorts, Inc. (HST) have volatilities of 7.15% and 6.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NHI	HST	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.15%	6.83%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	17.71%	17.21%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	21.41%	24.35%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.59%	30.37%	-6.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.96%	34.18%	-3.22%

Dividends

NHI vs. HST - Dividend Comparison

NHI's dividend yield for the trailing twelve months is around 5.26%, more than HST's 3.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HST Host Hotels & Resorts, Inc.	3.98%	5.36%	5.14%	4.62%	3.30%	0.00%	1.37%	4.58%	5.10%	4.28%	4.51%	5.22%
NHI National Health Investors, Inc.	5.26%	4.77%	5.19%	6.45%	6.89%	6.62%	6.38%	5.15%	5.30%	5.04%	4.85%	5.59%

Financials

NHI vs. HST - Profitability Comparison

The chart below illustrates the profitability comparison between National Health Investors, Inc. and Host Hotels & Resorts, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NHI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

HST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Host Hotels & Resorts, Inc. reported a gross profit of 0.00 and revenue of 1.65B. Therefore, the gross margin over that period was 0.0%.

NHI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.

HST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Host Hotels & Resorts, Inc. reported an operating income of 319.00M and revenue of 1.65B, resulting in an operating margin of 19.4%.

NHI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.

HST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Host Hotels & Resorts, Inc. reported a net income of 494.00M and revenue of 1.65B, resulting in a net margin of 30.0%.

Frequently Asked Questions

Can I hold both NHI and HST in my portfolio?

NHI and HST have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NHI or HST?

NHI has higher volatility (7.15%) compared to HST (6.83%). In terms of maximum drawdown, NHI dropped -82.88% vs HST's -95.26%.

Which has better risk-adjusted returns?

HST currently has the higher Sharpe Ratio (2.51 vs 0.07), 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.