SDHC vs. O

Last updated Jun 4, 2026

SDHC (Smith Douglas Homes Corp) and O (Realty Income Corporation) are both stocks. Both are in the Real Estate sector — SDHC in Real Estate - Development, O in REIT - Retail. Over the past year, SDHC returned -32.89% vs 12.57% for O. At a 0.18 correlation, their price movements are largely independent.

Performance

SDHC vs. O - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smith Douglas Homes Corp (SDHC) and Realty Income Corporation (O). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDHC achieves a -24.21% return, which is significantly lower than O's 8.26% return.

SDHC

• 1D: -1.09%
• 1M: 0.16%
• YTD: -24.21%
• 6M: -40.86%
• 1Y: -32.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDHC vs. O - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SDHC Smith Douglas Homes Corp	-24.21%	-34.59%	6.83%
O Realty Income Corporation	8.26%	12.20%	-5.16%

Correlation

The correlation between SDHC and O 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 (All Time) Calculated using the full available price history since Jan 12, 2024	0.18

Fundamentals

EPS SDHC : $0.94 O : $1.17
PE Ratio SDHC : 13.48 O : 50.86
PS Ratio SDHC : 0.12 O : 6.87
Total Revenue (TTM) SDHC : $952.84M O : $5.92B
Gross Profit (TTM) SDHC : $199.09M O : $3.89B
EBITDA (TTM) SDHC : $60.46M O : $3.93B

Return for Risk

SDHC vs. O — Risk / Return Rank

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

SDHC

SDHC Risk / Return Rank: 18
SDHC Sharpe Ratio Rank: 18
SDHC Sortino Ratio Rank: 19
SDHC Omega Ratio Rank: 20
SDHC Calmar Ratio Rank: 18
SDHC Martin Ratio Rank: 13

O

O Risk / Return Rank: 61
O Sharpe Ratio Rank: 66
O Sortino Ratio Rank: 56
O Omega Ratio Rank: 55
O Calmar Ratio Rank: 63
O Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDHC vs. O - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith Douglas Homes Corp (SDHC) 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.

	SDHC	O	Difference
Sharpe ratio Return per unit of total volatility	-0.55	0.79	-1.34
Sortino ratio Return per unit of downside risk	-0.53	1.13	-1.66
Omega ratio Gain probability vs. loss probability	0.94	1.14	-0.20
Calmar ratio Return relative to maximum drawdown	-0.63	1.14	-1.77
Martin ratio Return relative to average drawdown	-1.25	2.88	-4.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDHC vs. O - Sharpe Ratio Comparison

The current SDHC Sharpe Ratio is -0.55, which is lower than the O Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of SDHC and O, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDHC	O	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	0.79	-1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.48	-0.91

Drawdowns

SDHC vs. O - Drawdown Comparison

The maximum SDHC drawdown since its inception was -71.98%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for SDHC and O.

Drawdown Indicators

	SDHC	O	Difference
Max Drawdown Largest peak-to-trough decline	-71.98%	-48.45%	-23.53%
Max Drawdown (1Y) Largest decline over 1 year	-52.01%	-11.10%	-40.91%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.28%	—
Current Drawdown Current decline from peak	-67.15%	-10.44%	-56.71%
Average Drawdown Average peak-to-trough decline	-35.57%	-9.21%	-26.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.42%	4.37%	+22.05%

Volatility

SDHC vs. O - Volatility Comparison

Smith Douglas Homes Corp (SDHC) has a higher volatility of 16.10% compared to Realty Income Corporation (O) at 5.48%. This indicates that SDHC's price experiences larger fluctuations and is considered to be riskier than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDHC	O	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.10%	5.48%	+10.62%
Volatility (6M) Calculated over the trailing 6-month period	44.70%	11.72%	+32.98%
Volatility (1Y) Calculated over the trailing 1-year period	60.20%	15.95%	+44.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.65%	18.87%	+35.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.65%	25.63%	+29.02%

Dividends

SDHC vs. O - Dividend Comparison

SDHC has not paid dividends to shareholders, while O's dividend yield for the trailing twelve months is around 5.42%.

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%
SDHC Smith Douglas Homes Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SDHC vs. O - Profitability Comparison

The chart below illustrates the profitability comparison between Smith Douglas Homes Corp and Realty Income Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SDHC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith Douglas Homes Corp reported a gross profit of 40.45M and revenue of 206.44M. Therefore, the gross margin over that period was 19.6%.

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%.

SDHC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith Douglas Homes Corp reported an operating income of 4.54M and revenue of 206.44M, resulting in an operating margin of 2.2%.

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%.

SDHC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith Douglas Homes Corp reported a net income of 565.00K and revenue of 206.44M, resulting in a net margin of 0.3%.

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

Can I hold both SDHC and O in my portfolio?

SDHC and O 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.

Which is riskier, SDHC or O?

SDHC has higher volatility (16.10%) compared to O (5.48%). In terms of maximum drawdown, SDHC dropped -71.98% vs O's -48.45%.

Which has better risk-adjusted returns?

O currently has the higher Sharpe Ratio (0.79 vs -0.55), 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.