IIPR vs. K
IIPR (Innovative Industrial Properties, Inc.) and K (Kellogg Company) are both stocks. IIPR operates in REIT - Industrial (Real Estate), while K operates in Packaged Foods (Consumer Defensive). At a 0.06 correlation, their price movements are largely independent.
Performance
IIPR vs. K - Performance Comparison
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Returns By Period
IIPR
- 1D
- 1.08%
- 1M
- 3.32%
- YTD
- 29.84%
- 6M
- 28.01%
- 1Y
- 23.77%
- 3Y*
- 4.89%
- 5Y*
- -13.70%
- 10Y*
- —
K
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IIPR vs. K - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IIPR Innovative Industrial Properties, Inc. | 29.84% | -18.40% | -28.55% | 8.78% | -59.02% | 47.49% | 151.33% | 72.52% | 43.88% | 82.30% |
K Kellogg Company | 0.00% | 5.99% | 49.75% | -7.44% | 14.35% | 7.44% | -6.78% | 26.08% | -13.32% | -4.93% |
Correlation
The correlation between IIPR and K is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2016 | 0.06 |
The correlation between IIPR and K shifts across timeframes, from 0.06 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IIPR:
$1.68B
K:
$29.20B
IIPR:
$4.14
K:
$3.65
IIPR:
14.30
K:
22.87
IIPR:
6.37
K:
2.30
IIPR:
0.94
K:
6.95
IIPR:
$263.23M
K:
$12.67B
IIPR:
$195.78M
K:
$4.41B
IIPR:
$210.04M
K:
$2.25B
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Return for Risk
IIPR vs. K — Risk / Return Rank
IIPR
K
IIPR vs. K - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Kellogg Company (K). 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.
| IIPR | K | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | — | — |
| Martin ratioReturn relative to average drawdown | 2.73 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IIPR | K | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | — | — |
Drawdowns
IIPR vs. K - Drawdown Comparison
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Drawdown Indicators
| IIPR | K | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -21.29% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -62.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -78.42% | — | — |
Current DrawdownCurrent decline from peak | -68.82% | — | — |
Average DrawdownAverage peak-to-trough decline | -37.04% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.72% | — | — |
Volatility
IIPR vs. K - Volatility Comparison
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Volatility by Period
| IIPR | K | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.83% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 29.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.99% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.59% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.41% | — | — |
Dividends
IIPR vs. K - Dividend Comparison
IIPR's dividend yield for the trailing twelve months is around 12.84%, while K has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIPR Innovative Industrial Properties, Inc. | 12.84% | 16.05% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 1.87% | 1.70% | 0.00% | 0.00% |
K Kellogg Company | 1.39% | 2.76% | 2.79% | 10.56% | 3.28% | 3.59% | 3.66% | 3.27% | 3.86% | 3.12% | 2.77% | 2.74% |
Financials
IIPR vs. K - Financials Comparison
This section allows you to compare key financial metrics between Innovative Industrial Properties, Inc. and Kellogg Company. 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. K - 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%.
K - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported a gross profit of 1.08B and revenue of 3.26B. Therefore, the gross margin over that period was 33.3%.
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%.
K - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported an operating income of 452.00M and revenue of 3.26B, resulting in an operating margin of 13.9%.
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%.
K - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kellogg Company reported a net income of 309.00M and revenue of 3.26B, resulting in a net margin of 9.5%.
Frequently Asked Questions
IIPR and K have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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