SMRT vs. INVH
SMRT (SmartRent, Inc.) and INVH (Invitation Homes Inc.) are both stocks. SMRT operates in Software - Application (Technology), while INVH operates in REIT - Residential (Real Estate). Over the past 5 years, SMRT returned -36.29%/yr vs -1.01%/yr for INVH. At a 0.23 correlation, their price movements are largely independent.
Performance
SMRT vs. INVH - Performance Comparison
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Returns By Period
In the year-to-date period, SMRT achieves a -45.54% return, which is significantly lower than INVH's 9.42% return.
SMRT
- 1D
- -5.17%
- 1M
- -5.98%
- YTD
- -45.54%
- 6M
- -44.16%
- 1Y
- 18.65%
- 3Y*
- -32.65%
- 5Y*
- -36.29%
- 10Y*
- —
INVH
- 1D
- 1.90%
- 1M
- 4.52%
- YTD
- 9.42%
- 6M
- 13.28%
- 1Y
- -4.89%
- 3Y*
- -0.74%
- 5Y*
- -1.01%
- 10Y*
- —
SMRT vs. INVH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SMRT SmartRent, Inc. | -45.54% | 15.43% | -45.14% | 31.28% | -74.90% | -12.79% |
INVH Invitation Homes Inc. | 9.42% | -9.68% | -3.13% | 19.71% | -33.04% | 53.92% |
Correlation
The correlation between SMRT and INVH is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2021 | 0.23 |
The correlation between SMRT and INVH shifts across timeframes, from 0.08 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SMRT:
-$0.13
INVH:
$0.96
SMRT:
1.39
INVH:
6.75
SMRT:
$149.67M
INVH:
$2.73B
SMRT:
$51.43M
INVH:
$1.25B
SMRT:
-$20.12M
INVH:
$1.64B
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Return for Risk
SMRT vs. INVH — Risk / Return Rank
SMRT
INVH
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 ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.98 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | -0.19 | +0.58 |
| Martin ratioReturn relative to average drawdown | 0.92 | -0.32 | +1.24 |
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
| SMRT | INVH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | -0.24 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.53 | -0.04 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.53 | 0.28 | -0.81 |
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.
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Drawdown Indicators
| SMRT | INVH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.88% | -50.54% | -44.34% |
Max Drawdown (1Y)Largest decline over 1 year | -48.11% | -26.13% | -21.98% |
Max Drawdown (3Y)Largest decline over 3 years | -81.91% | -30.87% | -51.04% |
Max Drawdown (5Y)Largest decline over 5 years | -94.88% | -38.44% | -56.44% |
Current DrawdownCurrent decline from peak | -92.18% | -23.26% | -68.92% |
Average DrawdownAverage peak-to-trough decline | -68.76% | -13.36% | -55.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.39% | 15.36% | +5.03% |
Volatility
SMRT vs. INVH - Volatility Comparison
SmartRent, Inc. (SMRT) has a higher volatility of 16.41% compared to Invitation Homes Inc. (INVH) at 5.39%. 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.
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Volatility by Period
| SMRT | INVH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.41% | 5.39% | +11.02% |
Volatility (6M)Calculated over the trailing 6-month period | 43.22% | 16.37% | +26.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.81% | 20.70% | +41.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.13% | 23.21% | +45.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.16% | 25.52% | +41.64% |
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 3.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
INVH Invitation Homes Inc. | 3.93% | 4.21% | 3.53% | 3.87% | 2.97% | 1.50% | 2.02% | 1.74% | 2.19% | 0.93% |
SMRT SmartRent, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SMRT vs. INVH - Financials Comparison
This section allows you to compare key financial metrics between SmartRent, Inc. and Invitation Homes 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
SMRT vs. INVH - Profitability Comparison
SMRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SmartRent, Inc. reported a gross profit of 15.12M and revenue of 38.68M. Therefore, the gross margin over that period was 39.1%.
INVH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a gross profit of 21.19M and revenue of 685.25M. Therefore, the gross margin over that period was 3.1%.
SMRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SmartRent, Inc. reported an operating income of -5.09M and revenue of 38.68M, resulting in an operating margin of -13.2%.
INVH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported an operating income of 187.06M and revenue of 685.25M, resulting in an operating margin of 27.3%.
SMRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SmartRent, Inc. reported a net income of -4.45M and revenue of 38.68M, resulting in a net margin of -11.5%.
INVH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invitation Homes Inc. reported a net income of 144.55M and revenue of 685.25M, resulting in a net margin of 21.1%.
Frequently Asked Questions
SMRT and INVH have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMRT has higher volatility (16.41%) compared to INVH (5.39%). In terms of maximum drawdown, SMRT dropped -94.88% vs INVH's -50.54%.
SMRT currently has the higher Sharpe Ratio (0.30 vs -0.24), 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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