IIPR vs. FLTR.L
IIPR (Innovative Industrial Properties, Inc.) and FLTR.L (Flutter Entertainment plc) are both stocks. IIPR operates in REIT - Industrial (Real Estate), while FLTR.L operates in Gambling (Consumer Cyclical). Over the past 5 years, IIPR returned -13.57%/yr vs -11.25%/yr for FLTR.L. At a 0.20 correlation, their price movements are largely independent.
Performance
IIPR vs. FLTR.L - Performance Comparison
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Different Trading Currencies
IIPR is traded in USD, while FLTR.L is traded in GBp. To make them comparable, the FLTR.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IIPR achieves a 32.69% return, which is significantly higher than FLTR.L's -50.23% return.
IIPR
- 1D
- -2.07%
- 1M
- 12.06%
- YTD
- 32.69%
- 6M
- 15.09%
- 1Y
- 24.22%
- 3Y*
- 4.81%
- 5Y*
- -13.57%
- 10Y*
- —
FLTR.L
- 1D
- -3.49%
- 1M
- 15.96%
- YTD
- -50.23%
- 6M
- -51.59%
- 1Y
- -59.55%
- 3Y*
- -18.42%
- 5Y*
- -11.25%
- 10Y*
- —
IIPR vs. FLTR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IIPR Innovative Industrial Properties, Inc. | 32.69% | -18.40% | -28.55% | 8.78% | -59.02% | 47.49% | 151.33% | -10.76% |
FLTR.L Flutter Entertainment plc | -50.23% | -16.28% | 46.16% | 29.99% | -14.26% | -22.88% | 74.41% | 72.40% |
Correlation
The correlation between IIPR and FLTR.L is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 28, 2019 | 0.20 |
Fundamentals
IIPR:
$1.72B
FLTR.L:
£14.27B
IIPR:
$4.14
FLTR.L:
-$4.14
IIPR:
6.51
FLTR.L:
0.81
IIPR:
0.96
FLTR.L:
2.12
IIPR:
$263.23M
FLTR.L:
$23.82B
IIPR:
$195.78M
FLTR.L:
$7.40B
IIPR:
$210.04M
FLTR.L:
$3.03B
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Return for Risk
IIPR vs. FLTR.L — Risk / Return Rank
IIPR
FLTR.L
IIPR vs. FLTR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Flutter Entertainment plc (FLTR.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IIPR | FLTR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.98 | ||
| Sortino ratioReturn per unit of downside risk | +3.41 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.70 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | -0.86 | +1.94 |
| Martin ratioReturn relative to average drawdown | 2.65 | -1.41 | +4.06 |
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Drawdowns
IIPR vs. FLTR.L - Drawdown Comparison
The maximum IIPR drawdown since its inception was -78.42%, which is greater than FLTR.L's maximum drawdown of -69.81%. Use the drawdown chart below to compare losses from any high point for IIPR and FLTR.L.
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Drawdown Indicators
| IIPR | FLTR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | -69.81% | -8.61% |
Max Drawdown (1Y)Largest decline over 1 year | -21.29% | -69.81% | +48.52% |
Max Drawdown (3Y)Largest decline over 3 years | -62.92% | -69.81% | +6.89% |
Max Drawdown (5Y)Largest decline over 5 years | -78.42% | -69.81% | -8.61% |
Current DrawdownCurrent decline from peak | -68.14% | -64.92% | -3.22% |
Average DrawdownAverage peak-to-trough decline | -37.34% | -21.51% | -15.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.73% | 42.42% | -33.69% |
Volatility
IIPR vs. FLTR.L - Volatility Comparison
The current volatility for Innovative Industrial Properties, Inc. (IIPR) is 9.13%, while Flutter Entertainment plc (FLTR.L) has a volatility of 12.72%. This indicates that IIPR experiences smaller price fluctuations and is considered to be less risky than FLTR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IIPR | FLTR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 12.72% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 30.31% | 34.43% | -4.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.56% | 42.04% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.71% | 39.57% | +2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.46% | 40.39% | +8.07% |
Dividends
IIPR vs. FLTR.L - Dividend Comparison
IIPR's dividend yield for the trailing twelve months is around 12.56%, while FLTR.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FLTR.L Flutter Entertainment plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.00% | 0.00% |
IIPR Innovative Industrial Properties, Inc. | 12.56% | 16.05% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 1.87% | 1.70% |
Financials
IIPR vs. FLTR.L - Financials Comparison
This section allows you to compare key financial metrics between Innovative Industrial Properties, Inc. and Flutter Entertainment plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IIPR vs. FLTR.L - Profitability Comparison
IIPR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innovative Industrial Properties, Inc. reported a gross profit of 61.42M and revenue of 69.00M. Therefore, the gross margin over that period was 89.0%.
FLTR.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a gross profit of 2.11B and revenue of 12.18B. Therefore, the gross margin over that period was 17.3%.
IIPR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innovative Industrial Properties, Inc. reported an operating income of 32.91M and revenue of 69.00M, resulting in an operating margin of 47.7%.
FLTR.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported an operating income of 258.00M and revenue of 12.18B, resulting in an operating margin of 2.1%.
IIPR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innovative Industrial Properties, Inc. reported a net income of 30.16M and revenue of 69.00M, resulting in a net margin of 43.7%.
FLTR.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flutter Entertainment plc reported a net income of -334.62M and revenue of 12.18B, resulting in a net margin of -2.8%.
Frequently Asked Questions
IIPR and FLTR.L have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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