SMRT vs. INVH

Last updated Apr 1, 2026

Compare and contrast key facts about SmartRent, Inc. (SMRT) and Invitation Homes Inc. (INVH).

Performance

SMRT vs. INVH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartRent, Inc. (SMRT) and Invitation Homes Inc. (INVH). The values are adjusted to include any dividend payments, if applicable.

SMRT vs. INVH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SMRT SmartRent, Inc.	-25.74%	15.43%	-45.14%	31.28%	-74.90%	-12.79%
INVH Invitation Homes Inc.	-9.49%	-9.68%	-3.13%	19.71%	-33.04%	53.92%

Fundamentals

EPS SMRT : -$0.32 INVH : $0.96
PS Ratio SMRT : 1.86 INVH : 5.64
Total Revenue (TTM) SMRT : $152.33M INVH : $2.70B
Gross Profit (TTM) SMRT : $49.87M INVH : $1.62B
EBITDA (TTM) SMRT : -$30.41M INVH : $1.68B

Returns By Period

In the year-to-date period, SMRT achieves a -25.74% return, which is significantly lower than INVH's -9.49% return.

SMRT

• 1D: 6.38%
• 1M: -1.32%
• YTD: -25.74%
• 6M: 6.38%
• 1Y: 23.97%
• 3Y*: -16.21%
• 5Y*: -31.64%
• 10Y*: —

INVH

• 1D: 0.32%
• 1M: -4.51%
• YTD: -9.49%
• 6M: -13.29%
• 1Y: -25.64%
• 3Y*: -3.71%
• 5Y*: -2.24%
• 10Y*: —

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

Return for Risk

SMRT vs. INVH — Risk / Return Rank

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

SMRT

SMRT Risk / Return Rank: 57
SMRT Sharpe Ratio Rank: 54
SMRT Sortino Ratio Rank: 56
SMRT Omega Ratio Rank: 55
SMRT Calmar Ratio Rank: 60
SMRT Martin Ratio Rank: 59

INVH

INVH Risk / Return Rank: 7
INVH Sharpe Ratio Rank: 2
INVH Sortino Ratio Rank: 4
INVH Omega Ratio Rank: 6
INVH Calmar Ratio Rank: 10
INVH Martin Ratio Rank: 11

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.

SMRT vs. INVH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartRent, Inc. (SMRT) and Invitation Homes Inc. (INVH). 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.

	SMRT	INVH	Difference
Sharpe ratio Return per unit of total volatility	0.34	-1.18	+1.53
Sortino ratio Return per unit of downside risk	1.01	-1.66	+2.67
Omega ratio Gain probability vs. loss probability	1.13	0.81	+0.32
Calmar ratio Return relative to maximum drawdown	0.84	-0.85	+1.69
Martin ratio Return relative to average drawdown	1.83	-1.47	+3.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMRT vs. INVH - Sharpe Ratio Comparison

The current SMRT Sharpe Ratio is 0.34, which is higher than the INVH Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of SMRT and INVH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMRT	INVH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	-1.18	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	-0.10	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	0.20	-0.68

Correlation

The correlation between SMRT and INVH is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SMRT vs. INVH - Dividend Comparison

SMRT has not paid dividends to shareholders, while INVH's dividend yield for the trailing twelve months is around 4.75%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMRT SmartRent, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
INVH Invitation Homes Inc.	4.75%	4.21%	3.53%	3.87%	2.97%	1.50%	2.02%	1.74%	2.19%	0.93%

Drawdowns

SMRT vs. INVH - Drawdown Comparison

The maximum SMRT drawdown since its inception was -94.88%, which is greater than INVH's maximum drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for SMRT and INVH.

Drawdown Indicators

	SMRT	INVH	Difference
Max Drawdown Largest peak-to-trough decline	-94.88%	-50.54%	-44.34%
Max Drawdown (1Y) Largest decline over 1 year	-37.39%	-29.15%	-8.24%
Max Drawdown (5Y) Largest decline over 5 years	-94.88%	-38.44%	-56.44%
Current Drawdown Current decline from peak	-89.33%	-36.52%	-52.81%
Average Drawdown Average peak-to-trough decline	-67.98%	-13.05%	-54.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.54%	16.93%	+1.61%

Volatility

SMRT vs. INVH - Volatility Comparison

SmartRent, Inc. (SMRT) has a higher volatility of 23.99% compared to Invitation Homes Inc. (INVH) at 5.81%. This indicates that SMRT's price experiences larger fluctuations and is considered to be riskier than INVH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMRT	INVH	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.99%	5.81%	+18.18%
Volatility (6M) Calculated over the trailing 6-month period	40.51%	15.84%	+24.67%
Volatility (1Y) Calculated over the trailing 1-year period	70.53%	21.75%	+48.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.14%	23.07%	+45.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.23%	25.60%	+41.63%

Financials

SMRT vs. INVH - Profitability Comparison

The chart below illustrates the profitability comparison between SmartRent, Inc. and Invitation Homes Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SMRT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SmartRent, Inc. reported a gross profit of 14.07M and revenue of 36.47M. Therefore, the gross margin over that period was 38.6%.

INVH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported a gross profit of 429.13M and revenue of 688.17M. Therefore, the gross margin over that period was 62.4%.

SMRT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SmartRent, Inc. reported an operating income of -3.98M and revenue of 36.47M, resulting in an operating margin of -10.9%.

INVH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported an operating income of 410.69M and revenue of 688.17M, resulting in an operating margin of 59.7%.

SMRT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SmartRent, Inc. reported a net income of -3.24M and revenue of 36.47M, resulting in a net margin of -8.9%.

INVH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Invitation Homes Inc. reported a net income of 136.74M and revenue of 688.17M, resulting in a net margin of 19.9%.