AIV vs SAY

Comparison between Apartment Investment & Management Co. - Class A (AIV, Company) and Saratoga Investment Corp (SAY, Company).

AIV vs SAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AIV(COMPANY)	SAY(COMPANY)
Market Cap	$409M	$410M
Max Drawdown	92.32%	5.56%
Sharpe Ratio	-0.50	1.02
5Y Beta	0.48	0.01
Industry	Reit - Residential	N/A
P/E Ratio	0.74	10.94
Forward P/E	714.29	N/A
PEG Ratio	839.32	0.37
5Y Dividends CAGR	97.92%	N/A
Debt to Equity	126.38%	186.64%
Free Cash Flow Yield	-8.57%	-21.49%
P/S Ratio	3.01	N/A
P/B Ratio	1.72	N/A

Market Cap

AIV

$409M

Winner

SAY

$410M

Max Drawdown

AIV

92.32%

Winner

SAY

5.56%

Sharpe Ratio

AIV

-0.50

Winner

SAY

1.02

5Y Beta

AIV

0.48

Winner

SAY

0.01

Industry

AIV

Reit - Residential

SAY

N/A

P/E Ratio

Winner

AIV

0.74

SAY

10.94

Forward P/E

AIV

714.29

SAY

N/A

PEG Ratio

AIV

839.32

Winner

SAY

0.37

5Y Dividends CAGR

AIV

97.92%

SAY

N/A

Debt to Equity

Winner

AIV

126.38%

SAY

186.64%

Free Cash Flow Yield

Winner

AIV

-8.57%

SAY

-21.49%

P/S Ratio

AIV

3.01

SAY

N/A

P/B Ratio

AIV

1.72

SAY

N/A

AIV vs SAY - Historical Returns

Returns include dividend reinvestment.

Period	AIV	SAY
1 month	-1.87%	+0.69%
3 months	+1.72%	+2.29%
6 months	-4.52%	+4.36%
1 year	-10.30%	+8.14%
5 years(CAGR)	+2.30%	N/A
10 years(CAGR)	+5.82%	N/A
Max(CAGR)	+7.41%	+8.99%

AIV

-1.87%

Winner

SAY

+0.69%

AIV

+1.72%

Winner

SAY

+2.29%

AIV

-4.52%

Winner

SAY

+4.36%

AIV

-10.30%

Winner

SAY

+8.14%

5Y(CAGR)

AIV

+2.30%

SAY

N/A

10Y(CAGR)

AIV

+5.82%

SAY

N/A

Max(CAGR)

AIV

+7.41%

Winner

SAY

+8.99%

AIV vs SAY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AIV	SAY
2026	-6.30%	+4.19%
2025	-1.78%	+8.28%
2024	+16.09%	+9.25%
2023	+10.28%	+9.76%
2022	-8.05%	+0.77%
2021	+52.57%	N/A
2020	-16.78%	N/A
2019	+25.70%	N/A
2018	+4.75%	N/A
2017	+0.46%	N/A
2016	+18.41%	N/A
2015	+8.97%	N/A
2014	+49.31%	N/A
2013	-2.17%	N/A
2012	+20.11%	N/A
2011	-11.13%	N/A
2010	+64.18%	N/A
2009	+41.72%	N/A
2008	-49.43%	N/A
2007	-30.49%	N/A
2006	+51.77%	N/A
2005	+6.62%	N/A
2004	+20.45%	N/A
2003	-0.09%	N/A
2002	-10.79%	N/A
2001	-1.05%	N/A
2000	+40.36%	N/A
1999	+6.10%	N/A

AIV vs SAY Drawdown Comparison

The maximum drawdown for AIV was -87.24%, occurring on Mar 6, 2009. Recovery took 1868 trading sessions.

The maximum drawdown for SAY was -2.96%, occurring on May 16, 2023. Recovery took 69 trading sessions.

The current AIV drawdown is -15.02%. The current SAY drawdown is -0.33%.

Rank	AIV	SAY
#1	-87.24% Feb 8, 2007 - Jul 11, 2014	-2.96% Mar 9, 2023 - Jun 16, 2023
#2	-54.42% Feb 21, 2020 - May 24, 2021	-1.30% Mar 19, 2026 - Apr 27, 2026
#3	-40.70% Aug 12, 2022 - Jan 15, 2025	-1.25% Jan 18, 2024 - Feb 14, 2024
#4	-35.63% Apr 12, 2002 - Jun 14, 2005	-1.19% Oct 10, 2023 - Nov 7, 2023
#5	-33.29% Nov 15, 2021 - Jul 29, 2022	-1.17% Aug 29, 2025 - Nov 3, 2025
#6	-20.61% Jan 15, 2025 - Apr 8, 2025	-1.16% Mar 21, 2025 - Apr 23, 2025
#7	-18.28% Aug 2, 2005 - Jan 27, 2006	-0.94% Sep 12, 2024 - Nov 12, 2024
#8	-17.08% Sep 8, 2017 - Nov 7, 2018	-0.84% Jan 28, 2026 - Mar 19, 2026
#9	-16.51% Dec 29, 2000 - Jun 26, 2001	-0.82% Apr 9, 2024 - May 2, 2024
#10	-16.25% Jun 14, 2021 - Oct 28, 2021	-0.79% Feb 27, 2024 - Apr 3, 2024
#11	-15.69% Aug 23, 2001 - Mar 14, 2002	-0.76% Aug 23, 2023 - Sep 11, 2023
#12	-15.52% Sep 26, 2016 - Sep 8, 2017	-0.75% Dec 27, 2023 - Jan 3, 2024
#13	-14.07% Mar 20, 2015 - Dec 29, 2015	-0.72% Jul 3, 2023 - Jul 24, 2023
#14	-12.81% Jan 5, 2016 - Mar 17, 2016	-0.71% May 16, 2025 - Jun 4, 2025
#15	-11.78% Mar 29, 2006 - Jul 25, 2006	-0.71% Nov 29, 2024 - Dec 20, 2024

Correlation

Correlation between AIV and SAY is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.55

-101

Dividend Comparison (1999 - 2026)

AIV vs SAY dividend yield comparison.

Year	AIV	SAY
2026	94.18%	4.01%
2025	47.64%	8.03%
2024	0.00%	8.03%
2023	0.00%	7.77%
2022	0.28%	0.00%
2020	5.18%	0.00%
2019	6.00%	0.00%
2018	3.46%	0.00%
2017	3.30%	0.00%
2016	2.91%	0.00%
2015	2.95%	0.00%
2014	3.55%	0.00%
2013	3.71%	0.00%
2012	2.81%	0.00%
2011	2.10%	0.00%
2010	1.16%	0.00%
2009	2.50%	0.00%
2008	64.76%	0.00%
2007	12.41%	0.00%
2006	4.29%	0.00%
2005	7.92%	0.00%
2004	6.23%	0.00%
2003	8.87%	0.00%
2002	8.75%	0.00%
2001	6.82%	0.00%
2000	5.60%	0.00%
1999	1.57%	0.00%