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IIPR vs. IDAT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IIPR and IDAT is 0.55, 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. IDAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovative Industrial Properties, Inc. (IIPR) and iShares Cloud 5G and Tech ETF (IDAT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IIPR:

-1.00

IDAT:

0.37

Sortino Ratio

IIPR:

-1.29

IDAT:

0.74

Omega Ratio

IIPR:

0.80

IDAT:

1.10

Calmar Ratio

IIPR:

-0.57

IDAT:

0.42

Martin Ratio

IIPR:

-1.28

IDAT:

1.39

Ulcer Index

IIPR:

34.46%

IDAT:

8.36%

Daily Std Dev

IIPR:

43.61%

IDAT:

29.41%

Max Drawdown

IIPR:

-78.14%

IDAT:

-38.40%

Current Drawdown

IIPR:

-74.23%

IDAT:

-5.85%

Returns By Period

In the year-to-date period, IIPR achieves a -12.43% return, which is significantly lower than IDAT's 2.48% return.


IIPR

YTD

-12.43%

1M

5.71%

6M

-44.98%

1Y

-43.29%

3Y*

-18.24%

5Y*

-2.01%

10Y*

N/A

IDAT

YTD

2.48%

1M

10.81%

6M

3.07%

1Y

10.80%

3Y*

14.30%

5Y*

N/A

10Y*

N/A

*Annualized

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iShares Cloud 5G and Tech ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

IIPR vs. IDAT — Risk-Adjusted Performance Rank

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

IIPR
The Risk-Adjusted Performance Rank of IIPR is 1010
Overall Rank
The Sharpe Ratio Rank of IIPR is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of IIPR is 88
Sortino Ratio Rank
The Omega Ratio Rank of IIPR is 66
Omega Ratio Rank
The Calmar Ratio Rank of IIPR is 1515
Calmar Ratio Rank
The Martin Ratio Rank of IIPR is 1515
Martin Ratio Rank

IDAT
The Risk-Adjusted Performance Rank of IDAT is 4646
Overall Rank
The Sharpe Ratio Rank of IDAT is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of IDAT is 4747
Sortino Ratio Rank
The Omega Ratio Rank of IDAT is 4747
Omega Ratio Rank
The Calmar Ratio Rank of IDAT is 5151
Calmar Ratio Rank
The Martin Ratio Rank of IDAT is 4646
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IIPR vs. IDAT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and iShares Cloud 5G and Tech ETF (IDAT). 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.


The current IIPR Sharpe Ratio is -1.00, which is lower than the IDAT Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of IIPR and IDAT, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

IIPR vs. IDAT - Dividend Comparison

IIPR's dividend yield for the trailing twelve months is around 13.42%, more than IDAT's 0.70% yield.


TTM20242023202220212020201920182017
IIPR
Innovative Industrial Properties, Inc.
13.42%11.28%7.16%7.01%2.18%2.44%3.73%2.64%1.70%
IDAT
iShares Cloud 5G and Tech ETF
0.70%0.72%0.68%0.85%0.46%0.00%0.00%0.00%0.00%

Drawdowns

IIPR vs. IDAT - Drawdown Comparison

The maximum IIPR drawdown since its inception was -78.14%, which is greater than IDAT's maximum drawdown of -38.40%. Use the drawdown chart below to compare losses from any high point for IIPR and IDAT.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

IIPR vs. IDAT - Volatility Comparison

Innovative Industrial Properties, Inc. (IIPR) has a higher volatility of 8.97% compared to iShares Cloud 5G and Tech ETF (IDAT) at 4.94%. This indicates that IIPR's price experiences larger fluctuations and is considered to be riskier than IDAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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