REG vs. O
REG (Regency Centers Corporation) and O (Realty Income Corporation) are both stocks. Both operate in the REIT - Retail industry within the Real Estate sector. Over the past 10 years, REG returned 3.62%/yr vs 4.58%/yr for O. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
REG vs. O - Performance Comparison
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Returns By Period
In the year-to-date period, REG achieves a 11.62% return, which is significantly higher than O's 8.26% return. Over the past 10 years, REG has underperformed O with an annualized return of 3.62%, while O has yielded a comparatively higher 4.58% annualized return.
REG
- 1D
- 0.37%
- 1M
- -3.10%
- YTD
- 11.62%
- 6M
- 11.42%
- 1Y
- 11.07%
- 3Y*
- 13.95%
- 5Y*
- 7.22%
- 10Y*
- 3.62%
O
- 1D
- -0.32%
- 1M
- -5.46%
- YTD
- 8.26%
- 6M
- 5.55%
- 1Y
- 12.57%
- 3Y*
- 5.73%
- 5Y*
- 2.47%
- 10Y*
- 4.58%
REG vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
REG Regency Centers Corporation | 11.62% | -2.78% | 14.90% | 11.85% | -13.59% | 71.41% | -23.86% | 11.43% | -12.00% | 3.62% |
O Realty Income Corporation | 8.26% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between REG and O is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 1994 | 0.59 |
The correlation between REG and O shifts across timeframes, from 0.50 (1 year) to 0.68 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
REG:
$3.55
O:
$1.17
REG:
21.49
O:
50.86
REG:
2.10
O:
4.14
REG:
8.19
O:
6.87
REG:
$1.70B
O:
$5.92B
REG:
$814.76M
O:
$3.89B
REG:
$1.12B
O:
$3.93B
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Return for Risk
REG vs. O — Risk / Return Rank
REG
O
REG vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Regency Centers Corporation (REG) and Realty Income Corporation (O). 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.
| REG | O | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.14 | +0.22 |
| Martin ratioReturn relative to average drawdown | 3.34 | 2.88 | +0.46 |
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
| REG | O | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 0.79 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.13 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.18 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.48 | -0.16 |
Drawdowns
REG vs. O - Drawdown Comparison
The maximum REG drawdown since its inception was -73.37%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for REG and O.
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Drawdown Indicators
| REG | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.37% | -48.45% | -24.92% |
Max Drawdown (1Y)Largest decline over 1 year | -8.17% | -11.10% | +2.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.10% | -26.49% | +11.39% |
Max Drawdown (5Y)Largest decline over 5 years | -30.09% | -34.48% | +4.39% |
Max Drawdown (10Y)Largest decline over 10 years | -57.02% | -48.28% | -8.74% |
Current DrawdownCurrent decline from peak | -5.93% | -10.44% | +4.51% |
Average DrawdownAverage peak-to-trough decline | -16.18% | -9.21% | -6.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 4.37% | -1.05% |
Volatility
REG vs. O - Volatility Comparison
The current volatility for Regency Centers Corporation (REG) is 3.87%, while Realty Income Corporation (O) has a volatility of 5.48%. This indicates that REG experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REG | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 5.48% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 11.03% | 11.72% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 15.95% | -0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.39% | 18.87% | +3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.87% | 25.63% | +4.24% |
Dividends
REG vs. O - Dividend Comparison
REG's dividend yield for the trailing twelve months is around 3.83%, less than O's 5.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.42% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
REG Regency Centers Corporation | 3.83% | 4.16% | 3.67% | 3.91% | 4.04% | 3.20% | 5.22% | 3.71% | 3.78% | 3.04% | 2.90% | 2.85% |
Financials
REG vs. O - Financials Comparison
This section allows you to compare key financial metrics between Regency Centers Corporation and Realty Income Corporation. 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
REG vs. O - Profitability Comparison
REG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported a gross profit of 76.40M and revenue of 413.42M. Therefore, the gross margin over that period was 18.5%.
O - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported a gross profit of 0.00 and revenue of 1.55B. Therefore, the gross margin over that period was 0.0%.
REG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported an operating income of 152.73M and revenue of 413.42M, resulting in an operating margin of 36.9%.
O - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported an operating income of 0.00 and revenue of 1.55B, resulting in an operating margin of 0.0%.
REG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Regency Centers Corporation reported a net income of 128.55M and revenue of 413.42M, resulting in a net margin of 31.1%.
O - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Realty Income Corporation reported a net income of -9.17M and revenue of 1.55B, resulting in a net margin of -0.6%.
Frequently Asked Questions
REG and O have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.48%) compared to REG (3.87%). In terms of maximum drawdown, REG dropped -73.37% vs O's -48.45%.
O currently has the higher Sharpe Ratio (0.79 vs 0.71), 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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