0027.HK vs. IIPR

Last updated Jun 4, 2026

0027.HK (Galaxy Entertainment Group Ltd) and IIPR (Innovative Industrial Properties, Inc.) are both stocks. 0027.HK operates in Resorts & Casinos (Consumer Cyclical), while IIPR operates in REIT - Industrial (Real Estate). Over the past 5 years, 0027.HK returned -11.18%/yr vs -13.38%/yr for IIPR. At a 0.05 correlation, their price movements are largely independent.

Performance

0027.HK vs. IIPR - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Galaxy Entertainment Group Ltd (0027.HK) and Innovative Industrial Properties, Inc. (IIPR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0027.HK is traded in HKD, while IIPR is traded in USD. To make them comparable, the IIPR values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0027.HK achieves a -14.06% return, which is significantly lower than IIPR's 26.47% return.

0027.HK

• 1D: -1.53%
• 1M: 2.21%
• YTD: -14.06%
• 6M: -19.09%
• 1Y: -0.31%
• 3Y*: -11.11%
• 5Y*: -11.18%
• 10Y*: 3.66%

IIPR

• 1D: -1.20%
• 1M: 8.30%
• YTD: 26.47%
• 6M: 21.11%
• 1Y: 18.75%
• 3Y*: 4.66%
• 5Y*: -13.38%
• 10Y*: —

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

0027.HK vs. IIPR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0027.HK Galaxy Entertainment Group Ltd	-14.06%	20.00%	-22.76%	-14.88%	28.55%	-32.95%	6.05%	17.31%	-19.35%	87.82%
IIPR Innovative Industrial Properties, Inc.	26.47%	-18.25%	-28.92%	8.77%	-58.95%	48.29%	150.20%	71.61%	44.20%	83.70%

Correlation

The correlation between 0027.HK and IIPR is -0.07, 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	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Dec 2, 2016	0.05

The correlation between 0027.HK and IIPR shifts across timeframes, from -0.07 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

Return for Risk

0027.HK vs. IIPR — Risk / Return Rank

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

0027.HK

0027.HK Risk / Return Rank: 38
0027.HK Sharpe Ratio Rank: 40
0027.HK Sortino Ratio Rank: 34
0027.HK Omega Ratio Rank: 34
0027.HK Calmar Ratio Rank: 40
0027.HK Martin Ratio Rank: 39

IIPR

IIPR Risk / Return Rank: 56
IIPR Sharpe Ratio Rank: 57
IIPR Sortino Ratio Rank: 53
IIPR Omega Ratio Rank: 52
IIPR Calmar Ratio Rank: 59
IIPR Martin Ratio Rank: 60

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.

0027.HK vs. IIPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Galaxy Entertainment Group Ltd (0027.HK) and Innovative Industrial Properties, Inc. (IIPR). 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.

	0027.HK	IIPR	Difference
Sharpe ratio: Return per unit of total volatility	-0.01	0.46	-0.47
Sortino ratio: Return per unit of downside risk	0.19	1.01	-0.82
Omega ratio: Gain probability vs. loss probability	1.02	1.12	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.01	0.89	-0.90
Martin ratio: Return relative to average drawdown	-0.03	2.17	-2.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0027.HK vs. IIPR - Sharpe Ratio Comparison

The current 0027.HK Sharpe Ratio is -0.01, which is lower than the IIPR Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of 0027.HK and IIPR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0027.HK	IIPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.01	0.46	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	-0.32	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.40	-0.14

Drawdowns

0027.HK vs. IIPR - Drawdown Comparison

The maximum 0027.HK drawdown since its inception was -94.53%, which is greater than IIPR's maximum drawdown of -78.27%. Use the drawdown chart below to compare losses from any high point for 0027.HK and IIPR.

Drawdown Indicators

	0027.HK	IIPR	Difference
Max Drawdown Largest peak-to-trough decline	-94.53%	-78.27%	-16.26%
Max Drawdown (1Y) Largest decline over 1 year	-27.46%	-21.28%	-6.18%
Max Drawdown (3Y) Largest decline over 3 years	-53.68%	-62.58%	+8.90%
Max Drawdown (5Y) Largest decline over 5 years	-58.50%	-78.27%	+19.77%
Max Drawdown (10Y) Largest decline over 10 years	-66.22%	—	—
Current Drawdown Current decline from peak	-55.00%	-69.65%	+14.65%
Average Drawdown Average peak-to-trough decline	-45.25%	-36.94%	-8.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.28%	8.67%	+3.61%

Volatility

0027.HK vs. IIPR - Volatility Comparison

The current volatility for Galaxy Entertainment Group Ltd (0027.HK) is 6.84%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 15.28%. This indicates that 0027.HK experiences smaller price fluctuations and is considered to be less risky than IIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0027.HK	IIPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	15.28%	-8.44%
Volatility (6M) Calculated over the trailing 6-month period	19.14%	29.78%	-10.64%
Volatility (1Y) Calculated over the trailing 1-year period	29.02%	41.06%	-12.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.03%	41.72%	-3.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.66%	48.46%	-10.80%

Dividends

0027.HK vs. IIPR - Dividend Comparison

0027.HK's dividend yield for the trailing twelve months is around 4.67%, less than IIPR's 13.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0027.HK Galaxy Entertainment Group Ltd	4.67%	3.13%	2.42%	0.46%	0.58%	0.00%	0.75%	1.59%	1.83%	0.94%	0.98%	1.72%
IIPR Innovative Industrial Properties, Inc.	13.27%	16.05%	11.28%	7.16%	7.01%	2.18%	2.44%	3.73%	1.87%	1.70%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both 0027.HK and IIPR in my portfolio?

0027.HK and IIPR have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.