O vs. IEF
O (Realty Income Corporation) is a stock, while IEF (iShares 7-10 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Over the past 10 years, O returned 4.43%/yr vs 0.53%/yr for IEF. At a 0.00 correlation, their price movements are largely independent.
Performance
O vs. IEF - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 8.78% return, which is significantly higher than IEF's -1.16% return. Over the past 10 years, O has outperformed IEF with an annualized return of 4.43%, while IEF has yielded a comparatively lower 0.53% annualized return.
O
- 1D
- -1.36%
- 1M
- -2.66%
- YTD
- 8.78%
- 6M
- 7.49%
- 1Y
- 13.14%
- 3Y*
- 5.19%
- 5Y*
- 2.41%
- 10Y*
- 4.43%
IEF
- 1D
- -0.11%
- 1M
- -1.19%
- YTD
- -1.16%
- 6M
- -0.96%
- 1Y
- 3.91%
- 3Y*
- 2.43%
- 5Y*
- -1.34%
- 10Y*
- 0.53%
O vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 8.78% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
IEF iShares 7-10 Year Treasury Bond ETF | -1.16% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
Correlation
The correlation between O and IEF is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2002 | 0.00 |
Over the past year, O and IEF have become more correlated (0.23) than their long-term average of 0.00, meaning their price movements have been converging.
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Return for Risk
O vs. IEF — Risk / Return Rank
O
IEF
O vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) and iShares 7-10 Year Treasury Bond ETF (IEF). 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 | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 0.96 | +0.22 |
| Martin ratioReturn relative to average drawdown | 2.93 | 2.79 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| O | IEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.84 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | -0.17 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | 0.08 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.50 | -0.01 |
Drawdowns
O vs. IEF - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, which is greater than IEF's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for O and IEF.
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Drawdown Indicators
| O | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -23.93% | -24.52% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -4.07% | -7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -7.74% | -18.75% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -21.40% | -13.08% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -23.93% | -24.35% |
Current DrawdownCurrent decline from peak | -10.00% | -11.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -9.21% | -5.35% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.50% | 1.40% | +3.10% |
Volatility
O vs. IEF - Volatility Comparison
Realty Income Corporation (O) has a higher volatility of 4.81% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.51%. This indicates that O's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| O | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 1.51% | +3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 11.89% | 3.36% | +8.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.10% | 4.69% | +11.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.89% | 7.71% | +11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 6.63% | +19.01% |
Dividends
O vs. IEF - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.39%, more than IEF's 3.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.92% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
O Realty Income Corporation | 5.39% | 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
O and IEF have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (4.81%) compared to IEF (1.51%). In terms of maximum drawdown, O dropped -48.45% vs IEF's -23.93%.
IEF currently has the higher Sharpe Ratio (0.84 vs 0.82), 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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