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

Performance

IIPR vs. CWH - Performance Comparison

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

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IIPR vs. CWH - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
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%

Fundamentals

Market Cap

IIPR:

$1.42B

CWH:

$428.40M

EPS

IIPR:

$4.14

CWH:

$5.51

PE Ratio

IIPR:

12.12

CWH:

1.24

PS Ratio

IIPR:

5.34

CWH:

0.07

PB Ratio

IIPR:

0.79

CWH:

1.87

Total Revenue (TTM)

IIPR:

$265.96M

CWH:

$6.37B

Gross Profit (TTM)

IIPR:

$235.78M

CWH:

$1.88B

EBITDA (TTM)

IIPR:

$205.79M

CWH:

$545.79M

Returns By Period

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


IIPR

1D
2.66%
1M
-1.60%
YTD
10.03%
6M
1.11%
1Y
7.31%
3Y*
-3.14%
5Y*
-16.29%
10Y*

CWH

1D
3.80%
1M
-17.91%
YTD
-29.80%
6M
-56.22%
1Y
-56.61%
3Y*
-29.01%
5Y*
-25.08%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

IIPR vs. CWH — Risk / Return Rank

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

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

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
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.

IIPR vs. CWH - Risk-Adjusted Trends Comparison

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


IIPRCWHDifference

Sharpe ratio

Return per unit of total volatility

0.18

-0.79

+0.97

Sortino ratio

Return per unit of downside risk

0.56

-1.01

+1.58

Omega ratio

Gain probability vs. loss probability

1.07

0.87

+0.20

Calmar ratio

Return relative to maximum drawdown

-0.29

-0.83

+0.54

Martin ratio

Return relative to average drawdown

-0.70

-1.83

+1.12

IIPR vs. CWH - Sharpe Ratio Comparison

The current IIPR Sharpe Ratio is 0.18, which is higher than the CWH Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of IIPR and CWH, 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


IIPRCWHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.18

-0.79

+0.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.40

-0.47

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

-0.13

+0.49

Correlation

The correlation between IIPR and CWH 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

IIPR vs. CWH - Dividend Comparison

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


TTM2025202420232022202120202019201820172016
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%
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%

Drawdowns

IIPR vs. CWH - Drawdown Comparison

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


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Drawdown Indicators


IIPRCWHDifference

Max Drawdown

Largest peak-to-trough decline

-78.42%

-90.83%

+12.41%

Max Drawdown (1Y)

Largest decline over 1 year

-21.29%

-69.05%

+47.76%

Max Drawdown (5Y)

Largest decline over 5 years

-78.42%

-84.72%

+6.30%

Current Drawdown

Current decline from peak

-73.58%

-82.00%

+8.42%

Average Drawdown

Average peak-to-trough decline

-36.35%

-40.51%

+4.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.73%

31.31%

-22.58%

Volatility

IIPR vs. CWH - Volatility Comparison

The current volatility for Innovative Industrial Properties, Inc. (IIPR) is 9.37%, while Camping World Holdings, Inc. (CWH) has a volatility of 22.51%. This indicates that IIPR experiences smaller price fluctuations and is considered to be less risky than CWH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IIPRCWHDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.37%

22.51%

-13.14%

Volatility (6M)

Calculated over the trailing 6-month period

28.46%

54.49%

-26.03%

Volatility (1Y)

Calculated over the trailing 1-year period

42.31%

71.97%

-29.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.17%

53.60%

-12.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.45%

62.16%

-13.71%

Financials

IIPR vs. CWH - Financials Comparison

This section allows you to compare key financial metrics between Innovative Industrial Properties, Inc. and Camping World Holdings, 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
66.66M
1.17B
(IIPR) Total Revenue
(CWH) Total Revenue
Values in USD except per share items

IIPR vs. CWH - Profitability Comparison

The chart below illustrates the profitability comparison between Innovative Industrial Properties, Inc. and Camping World Holdings, 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
88.0%
28.8%
Portfolio components
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 - 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 - 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 - 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 - 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%.

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%.