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CWH vs. IIPR
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

CWH vs. IIPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Camping World Holdings, Inc. (CWH) and Innovative Industrial Properties, Inc. (IIPR). The values are adjusted to include any dividend payments, if applicable.

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CWH vs. IIPR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
CWH
Camping World Holdings, Inc.
-29.80%-52.24%-17.93%25.13%-39.63%61.88%90.21%35.35%-73.62%40.00%
IIPR
Innovative Industrial Properties, Inc.
10.03%-18.40%-28.55%8.78%-59.02%47.49%151.33%72.52%43.88%82.30%

Fundamentals

Market Cap

CWH:

$428.40M

IIPR:

$1.42B

EPS

CWH:

$5.51

IIPR:

$4.14

PE Ratio

CWH:

1.24

IIPR:

12.12

PS Ratio

CWH:

0.07

IIPR:

5.34

PB Ratio

CWH:

1.87

IIPR:

0.79

Total Revenue (TTM)

CWH:

$6.37B

IIPR:

$265.96M

Gross Profit (TTM)

CWH:

$1.88B

IIPR:

$235.78M

EBITDA (TTM)

CWH:

$545.79M

IIPR:

$205.79M

Returns By Period

In the year-to-date period, CWH achieves a -29.80% return, which is significantly lower than IIPR's 10.03% return.


CWH

1D
3.80%
1M
-17.91%
YTD
-29.80%
6M
-56.22%
1Y
-56.61%
3Y*
-29.01%
5Y*
-25.08%
10Y*

IIPR

1D
2.66%
1M
-1.60%
YTD
10.03%
6M
1.11%
1Y
7.31%
3Y*
-3.14%
5Y*
-16.29%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

CWH vs. IIPR — Risk / Return Rank

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

CWH
CWH Risk / Return Rank: 99
Overall Rank
CWH Sharpe Ratio Rank: 99
Sharpe Ratio Rank
CWH Sortino Ratio Rank: 1111
Sortino Ratio Rank
CWH Omega Ratio Rank: 1111
Omega Ratio Rank
CWH Calmar Ratio Rank: 1111
Calmar Ratio Rank
CWH Martin Ratio Rank: 33
Martin Ratio Rank

IIPR
IIPR Risk / Return Rank: 4040
Overall Rank
IIPR Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
IIPR Sortino Ratio Rank: 4444
Sortino Ratio Rank
IIPR Omega Ratio Rank: 4444
Omega Ratio Rank
IIPR Calmar Ratio Rank: 3333
Calmar Ratio Rank
IIPR Martin Ratio Rank: 3131
Martin Ratio Rank
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.

CWH vs. IIPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Camping World Holdings, Inc. (CWH) 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.


CWHIIPRDifference

Sharpe ratio

Return per unit of total volatility

-0.79

0.18

-0.97

Sortino ratio

Return per unit of downside risk

-1.01

0.56

-1.58

Omega ratio

Gain probability vs. loss probability

0.87

1.07

-0.20

Calmar ratio

Return relative to maximum drawdown

-0.83

-0.29

-0.54

Martin ratio

Return relative to average drawdown

-1.83

-0.70

-1.12

CWH vs. IIPR - Sharpe Ratio Comparison

The current CWH Sharpe Ratio is -0.79, which is lower than the IIPR Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of CWH and IIPR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CWHIIPRDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.79

0.18

-0.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.47

-0.40

-0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.13

0.37

-0.49

Correlation

The correlation between CWH and IIPR is 0.31, 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.


Dividends

CWH vs. IIPR - Dividend Comparison

CWH's dividend yield for the trailing twelve months is around 5.49%, less than IIPR's 15.15% yield.


TTM2025202420232022202120202019201820172016
CWH
Camping World Holdings, Inc.
5.49%5.14%2.37%5.71%11.20%4.28%5.67%4.16%5.34%1.66%0.25%
IIPR
Innovative Industrial Properties, Inc.
15.15%16.05%11.28%7.16%7.01%2.18%2.44%3.73%1.87%1.70%0.00%

Drawdowns

CWH vs. IIPR - Drawdown Comparison

The maximum CWH drawdown since its inception was -90.83%, which is greater than IIPR's maximum drawdown of -78.42%. Use the drawdown chart below to compare losses from any high point for CWH and IIPR.


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Drawdown Indicators


CWHIIPRDifference

Max Drawdown

Largest peak-to-trough decline

-90.83%

-78.42%

-12.41%

Max Drawdown (1Y)

Largest decline over 1 year

-69.05%

-21.29%

-47.76%

Max Drawdown (5Y)

Largest decline over 5 years

-84.72%

-78.42%

-6.30%

Current Drawdown

Current decline from peak

-82.00%

-73.58%

-8.42%

Average Drawdown

Average peak-to-trough decline

-40.51%

-36.35%

-4.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.31%

8.73%

+22.58%

Volatility

CWH vs. IIPR - Volatility Comparison

Camping World Holdings, Inc. (CWH) has a higher volatility of 22.51% compared to Innovative Industrial Properties, Inc. (IIPR) at 9.37%. This indicates that CWH's price experiences larger fluctuations and is considered to be riskier than IIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CWHIIPRDifference

Volatility (1M)

Calculated over the trailing 1-month period

22.51%

9.37%

+13.14%

Volatility (6M)

Calculated over the trailing 6-month period

54.49%

28.46%

+26.03%

Volatility (1Y)

Calculated over the trailing 1-year period

71.97%

42.31%

+29.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

53.60%

41.17%

+12.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

62.16%

48.45%

+13.71%

Financials

CWH vs. IIPR - Financials Comparison

This section allows you to compare key financial metrics between Camping World Holdings, Inc. and Innovative Industrial Properties, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
1.17B
66.66M
(CWH) Total Revenue
(IIPR) Total Revenue
Values in USD except per share items

CWH vs. IIPR - Profitability Comparison

The chart below illustrates the profitability comparison between Camping World Holdings, Inc. and Innovative Industrial Properties, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
28.8%
88.0%
Portfolio components
CWH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Camping World Holdings, Inc. reported a gross profit of 338.24M and revenue of 1.17B. Therefore, the gross margin over that period was 28.8%.

IIPR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Innovative Industrial Properties, Inc. reported a gross profit of 58.68M and revenue of 66.66M. Therefore, the gross margin over that period was 88.0%.

CWH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Camping World Holdings, Inc. reported an operating income of -50.05M and revenue of 1.17B, resulting in an operating margin of -4.3%.

IIPR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Innovative Industrial Properties, Inc. reported an operating income of 31.85M and revenue of 66.66M, resulting in an operating margin of 47.8%.

CWH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Camping World Holdings, Inc. reported a net income of 368.46M and revenue of 1.17B, resulting in a net margin of 31.4%.

IIPR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Innovative Industrial Properties, Inc. reported a net income of 30.71M and revenue of 66.66M, resulting in a net margin of 46.1%.