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REZ vs. AVB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between REZ and AVB is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

REZ vs. AVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Residential Real Estate ETF (REZ) and AvalonBay Communities, Inc. (AVB). The values are adjusted to include any dividend payments, if applicable.

200.00%220.00%240.00%260.00%280.00%NovemberDecember2025FebruaryMarchApril
225.21%
231.27%
REZ
AVB

Key characteristics

Sharpe Ratio

REZ:

1.09

AVB:

0.59

Sortino Ratio

REZ:

1.56

AVB:

0.95

Omega Ratio

REZ:

1.20

AVB:

1.12

Calmar Ratio

REZ:

0.80

AVB:

0.59

Martin Ratio

REZ:

3.59

AVB:

2.10

Ulcer Index

REZ:

5.52%

AVB:

5.99%

Daily Std Dev

REZ:

18.21%

AVB:

21.47%

Max Drawdown

REZ:

-66.84%

AVB:

-70.04%

Current Drawdown

REZ:

-9.99%

AVB:

-12.08%

Returns By Period

In the year-to-date period, REZ achieves a 1.66% return, which is significantly higher than AVB's -5.69% return. Over the past 10 years, REZ has outperformed AVB with an annualized return of 6.36%, while AVB has yielded a comparatively lower 5.28% annualized return.


REZ

YTD

1.66%

1M

-3.59%

6M

-3.99%

1Y

19.53%

5Y*

11.09%

10Y*

6.36%

AVB

YTD

-5.69%

1M

-3.89%

6M

-7.63%

1Y

11.03%

5Y*

9.09%

10Y*

5.28%

*Annualized

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Risk-Adjusted Performance

REZ vs. AVB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REZ
The Risk-Adjusted Performance Rank of REZ is 7979
Overall Rank
The Sharpe Ratio Rank of REZ is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of REZ is 8181
Sortino Ratio Rank
The Omega Ratio Rank of REZ is 7979
Omega Ratio Rank
The Calmar Ratio Rank of REZ is 7777
Calmar Ratio Rank
The Martin Ratio Rank of REZ is 7777
Martin Ratio Rank

AVB
The Risk-Adjusted Performance Rank of AVB is 7171
Overall Rank
The Sharpe Ratio Rank of AVB is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of AVB is 6565
Sortino Ratio Rank
The Omega Ratio Rank of AVB is 6464
Omega Ratio Rank
The Calmar Ratio Rank of AVB is 7676
Calmar Ratio Rank
The Martin Ratio Rank of AVB is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

REZ vs. AVB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Residential Real Estate ETF (REZ) 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.


The chart of Sharpe ratio for REZ, currently valued at 1.09, compared to the broader market-1.000.001.002.003.004.00
REZ: 1.09
AVB: 0.59
The chart of Sortino ratio for REZ, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.00
REZ: 1.56
AVB: 0.95
The chart of Omega ratio for REZ, currently valued at 1.20, compared to the broader market0.501.001.502.00
REZ: 1.20
AVB: 1.12
The chart of Calmar ratio for REZ, currently valued at 0.80, compared to the broader market0.002.004.006.008.0010.0012.00
REZ: 0.80
AVB: 0.59
The chart of Martin ratio for REZ, currently valued at 3.59, compared to the broader market0.0020.0040.0060.00
REZ: 3.59
AVB: 2.10

The current REZ Sharpe Ratio is 1.09, which is higher than the AVB Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of REZ and AVB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.09
0.59
REZ
AVB

Dividends

REZ vs. AVB - Dividend Comparison

REZ's dividend yield for the trailing twelve months is around 2.31%, less than AVB's 3.33% yield.


TTM20242023202220212020201920182017201620152014
REZ
iShares Residential Real Estate ETF
2.31%2.26%2.94%3.37%1.81%3.17%2.90%3.63%3.57%5.54%3.18%3.13%
AVB
AvalonBay Communities, Inc.
3.33%3.09%3.53%3.94%2.52%3.96%2.90%3.38%3.18%3.05%2.72%2.84%

Drawdowns

REZ vs. AVB - Drawdown Comparison

The maximum REZ drawdown since its inception was -66.84%, roughly equal to the maximum AVB drawdown of -70.04%. Use the drawdown chart below to compare losses from any high point for REZ and AVB. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-9.99%
-12.08%
REZ
AVB

Volatility

REZ vs. AVB - Volatility Comparison

The current volatility for iShares Residential Real Estate ETF (REZ) is 9.93%, while AvalonBay Communities, Inc. (AVB) has a volatility of 12.90%. This indicates that REZ experiences smaller price fluctuations and is considered to be less risky than AVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
9.93%
12.90%
REZ
AVB