O vs. IWY
O (Realty Income Corporation) is a stock, while IWY (iShares Russell Top 200 Growth ETF) is Large Cap Growth Equities fund tracking the Russell Top 200 Growth Index. Over the past 10 years, O returned 4.89%/yr vs 19.24%/yr for IWY. At a 0.31 correlation, their price movements are largely independent.
Performance
O vs. IWY - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 13.70% return, which is significantly higher than IWY's 2.99% return. Over the past 10 years, O has underperformed IWY with an annualized return of 4.89%, while IWY has yielded a comparatively higher 19.24% annualized return.
O
- 1D
- 1.31%
- 1M
- 2.40%
- YTD
- 13.70%
- 6M
- 11.57%
- 1Y
- 14.25%
- 3Y*
- 6.59%
- 5Y*
- 3.49%
- 10Y*
- 4.89%
IWY
- 1D
- -0.00%
- 1M
- -2.39%
- YTD
- 2.99%
- 6M
- 3.75%
- 1Y
- 19.83%
- 3Y*
- 23.03%
- 5Y*
- 15.15%
- 10Y*
- 19.24%
O vs. IWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 13.70% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
IWY iShares Russell Top 200 Growth ETF | 2.99% | 18.19% | 34.89% | 46.49% | -29.91% | 31.05% | 39.01% | 36.20% | -0.72% | 31.69% |
Correlation
The correlation between O and IWY is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2009 | 0.31 |
The correlation between O and IWY shifts across timeframes, from -0.18 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
O vs. IWY — Risk / Return Rank
O
IWY
O vs. IWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) and iShares Russell Top 200 Growth ETF (IWY). 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 | IWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.22 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.20 | +0.09 |
| Martin ratioReturn relative to average drawdown | 3.12 | 3.85 | -0.73 |
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Drawdowns
O vs. IWY - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for O and IWY.
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Drawdown Indicators
| O | IWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -32.68% | -15.77% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -16.63% | +5.53% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -23.22% | -3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -32.68% | -1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -32.68% | -15.60% |
Current DrawdownCurrent decline from peak | -5.94% | -5.68% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -4.75% | -4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 5.16% | -0.58% |
Volatility
O vs. IWY - Volatility Comparison
Realty Income Corporation (O) and iShares Russell Top 200 Growth ETF (IWY) have volatilities of 5.29% and 5.30%, 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.
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Volatility by Period
| O | IWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 5.30% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 12.38% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 16.01% | +0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 21.54% | -2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 21.01% | +4.63% |
Dividends
O vs. IWY - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.16%, more than IWY's 0.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWY iShares Russell Top 200 Growth ETF | 0.34% | 0.36% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% |
O Realty Income Corporation | 5.16% | 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 IWY have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IWY has higher volatility (5.30%) compared to O (5.29%). In terms of maximum drawdown, O dropped -48.45% vs IWY's -32.68%.
IWY currently has the higher Sharpe Ratio (1.24 vs 0.88), 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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