OHI vs. AVB
OHI (Omega Healthcare Investors, Inc.) and AVB (AvalonBay Communities, Inc.) are both stocks. Both are in the Real Estate sector — OHI in REIT - Healthcare Facilities, AVB in REIT - Residential. Over the past 10 years, OHI returned 11.37%/yr vs 4.47%/yr for AVB. At a 0.45 correlation, their price movements are largely independent.
Performance
OHI vs. AVB - Performance Comparison
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Returns By Period
In the year-to-date period, OHI achieves a 1.72% return, which is significantly lower than AVB's 4.63% return. Over the past 10 years, OHI has outperformed AVB with an annualized return of 11.37%, while AVB has yielded a comparatively lower 4.47% annualized return.
OHI
- 1D
- -1.51%
- 1M
- -7.18%
- YTD
- 1.72%
- 6M
- -1.29%
- 1Y
- 24.57%
- 3Y*
- 20.56%
- 5Y*
- 11.79%
- 10Y*
- 11.37%
AVB
- 1D
- -1.11%
- 1M
- 1.92%
- YTD
- 4.63%
- 6M
- 7.83%
- 1Y
- -4.05%
- 3Y*
- 3.50%
- 5Y*
- 1.10%
- 10Y*
- 4.47%
OHI vs. AVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OHI Omega Healthcare Investors, Inc. | 1.72% | 25.52% | 33.57% | 19.93% | 3.50% | -12.06% | -6.81% | 29.01% | 40.06% | -4.70% |
AVB AvalonBay Communities, Inc. | 4.63% | -14.60% | 21.44% | 20.34% | -33.92% | 62.17% | -20.27% | 24.10% | 1.00% | 3.89% |
Correlation
The correlation between OHI and AVB is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 1994 | 0.45 |
The correlation between OHI and AVB shifts across timeframes, from 0.26 (1 year) to 0.52 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
OHI:
$2.79
AVB:
$8.02
OHI:
15.67
AVB:
23.40
OHI:
1.47
AVB:
13.46
OHI:
8.17
AVB:
8.72
OHI:
$1.24B
AVB:
$3.06B
OHI:
$739.29M
AVB:
$2.08B
OHI:
$1.21B
AVB:
$1.99B
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Return for Risk
OHI vs. AVB — Risk / Return Rank
OHI
AVB
OHI vs. AVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Omega Healthcare Investors, Inc. (OHI) and AvalonBay Communities, Inc. (AVB). 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.
| OHI | AVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.98 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | -0.19 | +2.47 |
| Martin ratioReturn relative to average drawdown | 6.35 | -0.37 | +6.72 |
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
| OHI | AVB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | -0.20 | +1.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.05 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.18 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.42 | -0.16 |
Drawdowns
OHI vs. AVB - Drawdown Comparison
The maximum OHI drawdown since its inception was -94.85%, which is greater than AVB's maximum drawdown of -70.04%. Use the drawdown chart below to compare losses from any high point for OHI and AVB.
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Drawdown Indicators
| OHI | AVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.85% | -70.04% | -24.81% |
Max Drawdown (1Y)Largest decline over 1 year | -10.86% | -20.87% | +10.01% |
Max Drawdown (3Y)Largest decline over 3 years | -15.47% | -29.40% | +13.93% |
Max Drawdown (5Y)Largest decline over 5 years | -27.26% | -38.36% | +11.10% |
Max Drawdown (10Y)Largest decline over 10 years | -66.92% | -46.91% | -20.01% |
Current DrawdownCurrent decline from peak | -10.59% | -16.71% | +6.12% |
Average DrawdownAverage peak-to-trough decline | -24.05% | -11.74% | -12.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 10.95% | -7.05% |
Volatility
OHI vs. AVB - Volatility Comparison
Omega Healthcare Investors, Inc. (OHI) has a higher volatility of 6.55% compared to AvalonBay Communities, Inc. (AVB) at 5.81%. This indicates that OHI's price experiences larger fluctuations and is considered to be riskier than AVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OHI | AVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 5.81% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 14.62% | 15.17% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.48% | 20.23% | -0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.20% | 22.21% | +1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.25% | 24.69% | +9.56% |
Dividends
OHI vs. AVB - Dividend Comparison
OHI's dividend yield for the trailing twelve months is around 6.12%, more than AVB's 3.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVB AvalonBay Communities, Inc. | 3.75% | 3.86% | 3.09% | 3.53% | 3.94% | 2.52% | 3.96% | 2.90% | 3.38% | 3.18% | 3.05% | 2.72% |
OHI Omega Healthcare Investors, Inc. | 6.12% | 6.04% | 7.08% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% |
Financials
OHI vs. AVB - Financials Comparison
This section allows you to compare key financial metrics between Omega Healthcare Investors, Inc. and AvalonBay Communities, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
OHI vs. AVB - Profitability Comparison
OHI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Omega Healthcare Investors, Inc. reported a gross profit of 0.00 and revenue of 322.96M. Therefore, the gross margin over that period was 0.0%.
AVB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a gross profit of 521.68M and revenue of 770.28M. Therefore, the gross margin over that period was 67.7%.
OHI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Omega Healthcare Investors, Inc. reported an operating income of 0.00 and revenue of 322.96M, resulting in an operating margin of 0.0%.
AVB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported an operating income of 218.54M and revenue of 770.28M, resulting in an operating margin of 28.4%.
OHI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Omega Healthcare Investors, Inc. reported a net income of 165.02M and revenue of 322.96M, resulting in a net margin of 51.1%.
AVB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a net income of 325.73M and revenue of 770.28M, resulting in a net margin of 42.3%.
Frequently Asked Questions
OHI and AVB have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OHI has higher volatility (6.55%) compared to AVB (5.81%). In terms of maximum drawdown, OHI dropped -94.85% vs AVB's -70.04%.
OHI currently has the higher Sharpe Ratio (1.27 vs -0.20), 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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