IIPR vs. FSKGX
Compare and contrast key facts about Innovative Industrial Properties, Inc. (IIPR) and Fidelity Growth Strategies K6 Fund (FSKGX).
FSKGX is managed by Fidelity. It was launched on May 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIPR or FSKGX.
Correlation
The correlation between IIPR and FSKGX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IIPR vs. FSKGX - Performance Comparison
Key characteristics
IIPR:
-0.93
FSKGX:
0.24
IIPR:
-1.13
FSKGX:
0.51
IIPR:
0.82
FSKGX:
1.07
IIPR:
-0.52
FSKGX:
0.20
IIPR:
-1.34
FSKGX:
0.66
IIPR:
30.35%
FSKGX:
9.85%
IIPR:
43.69%
FSKGX:
27.21%
IIPR:
-78.14%
FSKGX:
-49.53%
IIPR:
-75.62%
FSKGX:
-22.29%
Returns By Period
In the year-to-date period, IIPR achieves a -17.16% return, which is significantly lower than FSKGX's -4.41% return.
IIPR
-17.16%
-13.40%
-56.92%
-40.00%
-0.98%
N/A
FSKGX
-4.41%
3.44%
-6.06%
5.57%
6.01%
N/A
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Risk-Adjusted Performance
IIPR vs. FSKGX — Risk-Adjusted Performance Rank
IIPR
FSKGX
IIPR vs. FSKGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Fidelity Growth Strategies K6 Fund (FSKGX). 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
IIPR vs. FSKGX - Dividend Comparison
IIPR's dividend yield for the trailing twelve months is around 14.19%, more than FSKGX's 0.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
IIPR Innovative Industrial Properties, Inc. | 14.19% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% |
FSKGX Fidelity Growth Strategies K6 Fund | 0.16% | 0.16% | 0.32% | 0.27% | 0.00% | 0.11% | 0.50% | 0.85% | 0.30% |
Drawdowns
IIPR vs. FSKGX - Drawdown Comparison
The maximum IIPR drawdown since its inception was -78.14%, which is greater than FSKGX's maximum drawdown of -49.53%. Use the drawdown chart below to compare losses from any high point for IIPR and FSKGX. For additional features, visit the drawdowns tool.
Volatility
IIPR vs. FSKGX - Volatility Comparison
Innovative Industrial Properties, Inc. (IIPR) has a higher volatility of 21.50% compared to Fidelity Growth Strategies K6 Fund (FSKGX) at 16.80%. This indicates that IIPR's price experiences larger fluctuations and is considered to be riskier than FSKGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.