Computed head-to-head · 6 dimensions
NNN vs O
NNN REIT, Inc. versus Realty Income Corporation — yield, safety, growth trend, cost, scale, and tax treatment.
O wins 2–1 on our six-dimension comparison, but NNN can still be the better fit depending on your priorities — see each dimension below.
Scorecard at a glance
| Dimension | NNN | O | Winner |
|---|---|---|---|
| Yield | 5.49% | 5.23% | NNN wins |
| Dividend safety | 5.2/10 | 5.8/10 | O wins |
| Growth trend | +0.31% vs 5y | +0.19% vs 5y | Tie |
| Volatility (beta) | 0.80 | 0.73 | Tie |
| Scale | $8.3B | $56.5B | O wins |
| Tax efficiency | Ordinary income | Ordinary income | Tie |
| Overall | 1 wins | 2 wins | O wins |
Dimension by dimension
NNN wins on yield (5.49% vs 5.23%)
On a $10,000 investment that's about $26 more in annual dividend income before taxes — though higher yield often comes with higher risk.
O wins on safety (5.8/10 vs 5.2/10)
Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. O scores better on the weighted average of those factors.
Yield trends are similar
Both tickers' current yields sit close to their 5-year averages, suggesting comparable dividend-vs-price trajectories.
Volatility (beta) is similar
Both tickers move with comparable sensitivity to the broader market.
O is 6.8× larger by market cap
Larger companies tend to have tighter spreads, deeper liquidity, and lower closure risk.
Both have similar tax-treatment concerns
Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better, NNN or O?
O wins 2–1 on our six-dimension comparison, but NNN can still be the better fit depending on your priorities — see each dimension below.
Does NNN or O have a higher yield?
On a $10,000 investment that's about $26 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is NNN or O a safer dividend?
NNN scores 5.2/10 (Mixed) on the Infnits dividend safety scale. O scores 5.8/10 (Mixed). See the safety dimension above for what drove each score.
Should I own both NNN and O?
It depends on overlap. Two ETFs in similar categories often hold many of the same companies — owning both can mean paying two expense ratios for similar exposure. Check the underlying holdings before stacking.
Already own NNN or O? See if the other adds anything.
Connect your brokerage and Infnits checks whether adding O to your existing portfolio actually diversifies — or just duplicates exposure (ETF look-through included).
Check overlap with my portfolio →