O vs. DFIV

Last updated Jun 6, 2026

O (Realty Income Corporation) is a stock, while DFIV (Dimensional International Value ETF) is Foreign Large Cap Equities fund actively managed by Dimensional. Over the past 3 years, O returned 6.20%/yr vs 23.03%/yr for DFIV. At a 0.35 correlation, their price movements are largely independent.

Performance

O vs. DFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Realty Income Corporation (O) and Dimensional International Value ETF (DFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, O achieves a 10.29% return, which is significantly higher than DFIV's 9.75% return.

O

• 1D: 1.82%
• 1M: -4.53%
• YTD: 10.29%
• 6M: 6.82%
• 1Y: 15.05%
• 3Y*: 6.20%
• 5Y*: 2.85%
• 10Y*: 4.76%

DFIV

• 1D: -2.25%
• 1M: -1.78%
• YTD: 9.75%
• 6M: 13.52%
• 1Y: 32.62%
• 3Y*: 23.03%
• 5Y*: —
• 10Y*: —

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

O vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
O Realty Income Corporation	10.29%	12.20%	-2.11%	-4.55%	-7.38%	9.31%
DFIV Dimensional International Value ETF	9.75%	45.36%	7.26%	17.75%	-3.70%	0.08%

Correlation

The correlation between O and DFIV is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since Sep 14, 2021	0.35

Return for Risk

O vs. DFIV — Risk / Return Rank

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

O

O Risk / Return Rank: 65
O Sharpe Ratio Rank: 70
O Sortino Ratio Rank: 62
O Omega Ratio Rank: 60
O Calmar Ratio Rank: 67
O Martin Ratio Rank: 68

DFIV

DFIV Risk / Return Rank: 72
DFIV Sharpe Ratio Rank: 75
DFIV Sortino Ratio Rank: 72
DFIV Omega Ratio Rank: 73
DFIV Calmar Ratio Rank: 70
DFIV 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.

O vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) and Dimensional International Value ETF (DFIV). 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.

	O	DFIV	Difference
Sharpe ratio: Return per unit of total volatility	0.94	2.36	-1.42
Sortino ratio: Return per unit of downside risk	1.32	3.21	-1.88
Omega ratio: Gain probability vs. loss probability	1.16	1.42	-0.26
Calmar ratio: Return relative to maximum drawdown	1.36	3.39	-2.03
Martin ratio: Return relative to average drawdown	3.39	13.09	-9.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

O vs. DFIV - Sharpe Ratio Comparison

The current O Sharpe Ratio is 0.94, which is lower than the DFIV Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of O and DFIV, 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

	O	DFIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	2.36	-1.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.91	-0.42

Drawdowns

O vs. DFIV - Drawdown Comparison

The maximum O drawdown since its inception was -48.45%, which is greater than DFIV's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for O and DFIV.

Drawdown Indicators

	O	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-48.45%	-25.42%	-23.03%
Max Drawdown (1Y) Largest decline over 1 year	-11.10%	-9.66%	-1.44%
Max Drawdown (3Y) Largest decline over 3 years	-26.49%	-14.72%	-11.77%
Max Drawdown (5Y) Largest decline over 5 years	-34.48%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.28%	—	—
Current Drawdown Current decline from peak	-8.76%	-2.60%	-6.16%
Average Drawdown Average peak-to-trough decline	-9.21%	-4.48%	-4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.45%	2.50%	+1.95%

Volatility

O vs. DFIV - Volatility Comparison

Realty Income Corporation (O) has a higher volatility of 5.78% compared to Dimensional International Value ETF (DFIV) at 4.14%. This indicates that O's price experiences larger fluctuations and is considered to be riskier than DFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	O	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	4.14%	+1.64%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	11.26%	+0.55%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	13.88%	+2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.88%	16.66%	+2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.63%	16.66%	+8.97%

Dividends

O vs. DFIV - Dividend Comparison

O's dividend yield for the trailing twelve months is around 5.32%, more than DFIV's 2.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFIV Dimensional International Value ETF	2.60%	2.92%	3.88%	3.93%	3.84%	2.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
O Realty Income Corporation	5.32%	6.19%	5.37%	5.33%	4.68%	3.87%	4.51%	3.69%	4.19%	4.45%	4.18%	4.41%

Frequently Asked Questions

Can I hold both O and DFIV in my portfolio?

O and DFIV have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, O or DFIV?

O has higher volatility (5.78%) compared to DFIV (4.14%). In terms of maximum drawdown, O dropped -48.45% vs DFIV's -25.42%.

Which has better risk-adjusted returns?

DFIV currently has the higher Sharpe Ratio (2.36 vs 0.94), 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.