VTR vs. AVB
VTR (Ventas, Inc.) and AVB (AvalonBay Communities, Inc.) are both stocks. Both are in the Real Estate sector — VTR in REIT - Healthcare Facilities, AVB in REIT - Residential. Over the past 10 years, VTR returned 6.45%/yr vs 4.44%/yr for AVB. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
VTR vs. AVB - Performance Comparison
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Returns By Period
In the year-to-date period, VTR achieves a 10.03% return, which is significantly higher than AVB's 4.30% return. Over the past 10 years, VTR has outperformed AVB with an annualized return of 6.45%, while AVB has yielded a comparatively lower 4.44% annualized return.
VTR
- 1D
- 0.85%
- 1M
- -6.36%
- YTD
- 10.03%
- 6M
- 10.02%
- 1Y
- 36.42%
- 3Y*
- 26.63%
- 5Y*
- 11.52%
- 10Y*
- 6.45%
AVB
- 1D
- 1.45%
- 1M
- 0.31%
- YTD
- 4.30%
- 6M
- 7.93%
- 1Y
- -6.95%
- 3Y*
- 3.25%
- 5Y*
- 0.66%
- 10Y*
- 4.44%
VTR vs. AVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTR Ventas, Inc. | 10.03% | 35.09% | 22.24% | 15.06% | -8.53% | 7.73% | -9.80% | 3.42% | 3.45% | 0.71% |
AVB AvalonBay Communities, Inc. | 4.30% | -14.60% | 21.44% | 20.34% | -33.92% | 62.17% | -20.27% | 24.10% | 1.00% | 3.89% |
Correlation
The correlation between VTR and AVB is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 4, 1998 | 0.56 |
Over the past year, the correlation between VTR and AVB has dropped to 0.30 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
Fundamentals
VTR:
$41.18B
AVB:
$26.34B
VTR:
$0.55
AVB:
$8.02
VTR:
153.49
AVB:
23.33
VTR:
4.39
AVB:
13.42
VTR:
6.52
AVB:
8.69
VTR:
3.14
AVB:
2.25
VTR:
$6.13B
AVB:
$3.06B
VTR:
-$261.17M
AVB:
$2.08B
VTR:
$2.45B
AVB:
$1.99B
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Return for Risk
VTR vs. AVB — Risk / Return Rank
VTR
AVB
VTR vs. AVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ventas, Inc. (VTR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VTR | AVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.09 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.96 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | -0.34 | +3.26 |
| Martin ratioReturn relative to average drawdown | 11.03 | -0.66 | +11.69 |
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Drawdowns
VTR vs. AVB - Drawdown Comparison
The maximum VTR drawdown since its inception was -83.84%, which is greater than AVB's maximum drawdown of -70.04%. Use the drawdown chart below to compare losses from any high point for VTR and AVB.
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Drawdown Indicators
| VTR | AVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.84% | -70.04% | -13.80% |
Max Drawdown (1Y)Largest decline over 1 year | -12.52% | -20.43% | +7.91% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -29.40% | +10.05% |
Max Drawdown (5Y)Largest decline over 5 years | -41.80% | -38.36% | -3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -76.92% | -46.91% | -30.01% |
Current DrawdownCurrent decline from peak | -6.36% | -16.97% | +10.61% |
Average DrawdownAverage peak-to-trough decline | -18.38% | -11.75% | -6.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.31% | 10.98% | -7.67% |
Volatility
VTR vs. AVB - Volatility Comparison
Ventas, Inc. (VTR) has a higher volatility of 8.80% compared to AvalonBay Communities, Inc. (AVB) at 5.80%. This indicates that VTR's price experiences larger fluctuations and is considered to be riskier than AVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTR | AVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 5.80% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 14.88% | 15.20% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 20.17% | -0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.02% | 22.20% | +2.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.78% | 24.69% | +10.09% |
Dividends
VTR vs. AVB - Dividend Comparison
VTR's dividend yield for the trailing twelve months is around 2.32%, less than AVB's 3.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVB AvalonBay Communities, Inc. | 3.76% | 3.86% | 3.09% | 3.53% | 3.94% | 2.52% | 3.96% | 2.90% | 3.38% | 3.18% | 3.05% | 2.72% |
VTR Ventas, Inc. | 2.32% | 2.48% | 3.06% | 3.61% | 4.00% | 3.52% | 4.37% | 5.49% | 5.40% | 5.19% | 4.74% | 20.47% |
Financials
VTR vs. AVB - Financials Comparison
This section allows you to compare key financial metrics between Ventas, Inc. and AvalonBay Communities, 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
VTR vs. AVB - Profitability Comparison
VTR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ventas, Inc. reported a gross profit of 655.41M and revenue of 1.66B. Therefore, the gross margin over that period was 39.6%.
AVB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a gross profit of 521.68M and revenue of 770.28M. Therefore, the gross margin over that period was 67.7%.
VTR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ventas, Inc. reported an operating income of 191.56M and revenue of 1.66B, resulting in an operating margin of 11.6%.
AVB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported an operating income of 218.54M and revenue of 770.28M, resulting in an operating margin of 28.4%.
VTR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ventas, Inc. reported a net income of 55.91M and revenue of 1.66B, resulting in a net margin of 3.4%.
AVB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvalonBay Communities, Inc. reported a net income of 325.73M and revenue of 770.28M, resulting in a net margin of 42.3%.
Frequently Asked Questions
VTR and AVB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTR has higher volatility (8.80%) compared to AVB (5.80%). In terms of maximum drawdown, VTR dropped -83.84% vs AVB's -70.04%.
VTR currently has the higher Sharpe Ratio (1.89 vs -0.35), 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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