ARDGX vs. IIPR
Compare and contrast key facts about Archer Dividend Growth Fund (ARDGX) and Innovative Industrial Properties, Inc. (IIPR).
ARDGX is managed by Archer. It was launched on Sep 1, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARDGX or IIPR.
Performance
ARDGX vs. IIPR - Performance Comparison
Returns By Period
In the year-to-date period, ARDGX achieves a 16.27% return, which is significantly higher than IIPR's 10.65% return.
ARDGX
16.27%
-2.39%
8.60%
24.74%
7.04%
N/A
IIPR
10.65%
-20.26%
-2.60%
40.95%
12.02%
N/A
Key characteristics
| ARDGX | IIPR | |
|---|---|---|
| Sharpe Ratio | 2.57 | 1.46 |
| Sortino Ratio | 3.60 | 1.95 |
| Omega Ratio | 1.47 | 1.27 |
| Calmar Ratio | 2.23 | 0.65 |
| Martin Ratio | 14.61 | 6.64 |
| Ulcer Index | 1.71% | 6.67% |
| Daily Std Dev | 9.71% | 30.29% |
| Max Drawdown | -38.17% | -75.43% |
| Current Drawdown | -2.50% | -54.42% |
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Correlation
The correlation between ARDGX and IIPR is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
ARDGX vs. IIPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Archer Dividend Growth Fund (ARDGX) 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.
Dividends
ARDGX vs. IIPR - Dividend Comparison
ARDGX's dividend yield for the trailing twelve months is around 2.71%, less than IIPR's 7.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ARDGX Archer Dividend Growth Fund | 2.71% | 3.18% | 2.38% | 1.93% | 3.04% | 2.86% | 3.07% | 2.69% | 0.85% |
IIPR Innovative Industrial Properties, Inc. | 7.01% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% |
Drawdowns
ARDGX vs. IIPR - Drawdown Comparison
The maximum ARDGX drawdown since its inception was -38.17%, smaller than the maximum IIPR drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for ARDGX and IIPR. For additional features, visit the drawdowns tool.
Volatility
ARDGX vs. IIPR - Volatility Comparison
The current volatility for Archer Dividend Growth Fund (ARDGX) is 2.67%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 15.06%. This indicates that ARDGX 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.