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 4.33%/yr vs 0.47%/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 18.32% return, which is significantly higher than IEF's -1.06% return. Over the past 10 years, O has outperformed IEF with an annualized return of 4.33%, while IEF has yielded a comparatively lower 0.47% annualized return.
O
- 1D
- -0.29%
- 1M
- 8.35%
- 6M
- 8.24%
- YTD
- 18.32%
- 1Y
- 21.63%
- 3Y*
- 6.96%
- 5Y*
- 4.39%
- 10Y*
- 4.33%
- ALL TIME*
- 13.57%
IEF
- 1D
- -0.25%
- 1M
- -0.79%
- 6M
- -0.43%
- YTD
- -1.06%
- 1Y
- 2.35%
- 3Y*
- 2.56%
- 5Y*
- -1.68%
- 10Y*
- 0.47%
- ALL TIME*
- 3.36%
O vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 18.32% | 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 | -1.06% | 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 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
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 26, 2002 | 0.00 |
Over the past year, O and IEF have become more correlated (0.21) 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.
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.
| O | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.09 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 0.58 | +1.38 |
| Martin ratioReturn relative to average drawdown | 4.46 | 1.43 | +3.02 |
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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% | -7.05% | -19.44% |
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 | -2.11% | -11.71% | +9.60% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -5.38% | -3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.87% | 1.64% | +3.23% |
Volatility
O vs. IEF - Volatility Comparison
Realty Income Corporation (O) has a higher volatility of 6.32% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.36%. 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 | 6.32% | 1.36% | +4.96% |
Volatility (6M)Calculated over the trailing 6-month period | 12.96% | 3.60% | +9.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.75% | 4.71% | +12.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.03% | 7.70% | +11.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.68% | 6.61% | +19.07% |
Dividends
O vs. IEF - Dividend Comparison
O's dividend yield for the trailing twelve months is around 4.98%, more than IEF's 3.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.94% | 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 | 4.98% | 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 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (6.32%) compared to IEF (1.36%). In terms of maximum drawdown, O dropped -48.45% vs IEF's -23.93%.
O currently has the higher Sharpe Ratio (1.30 vs 0.50), 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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