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

Correlation

The correlation between IIPR and LAMYX is 0.41, 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.


-0.50.00.51.00.4

Performance

IIPR vs. LAMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovative Industrial Properties, Inc. (IIPR) and Lord Abbett Dividend Growth Fund (LAMYX). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
631.52%
72.87%
IIPR
LAMYX

Key characteristics

Sharpe Ratio

IIPR:

0.22

LAMYX:

1.36

Sortino Ratio

IIPR:

0.49

LAMYX:

1.84

Omega Ratio

IIPR:

1.06

LAMYX:

1.27

Calmar Ratio

IIPR:

0.10

LAMYX:

1.58

Martin Ratio

IIPR:

0.71

LAMYX:

9.29

Ulcer Index

IIPR:

9.05%

LAMYX:

1.84%

Daily Std Dev

IIPR:

29.34%

LAMYX:

12.56%

Max Drawdown

IIPR:

-75.43%

LAMYX:

-42.98%

Current Drawdown

IIPR:

-57.92%

LAMYX:

-8.91%

Returns By Period

In the year-to-date period, IIPR achieves a 2.17% return, which is significantly lower than LAMYX's 17.26% return.


IIPR

YTD

2.17%

1M

-6.39%

6M

-6.71%

1Y

4.58%

5Y*

12.88%

10Y*

N/A

LAMYX

YTD

17.26%

1M

-6.64%

6M

1.90%

1Y

17.25%

5Y*

8.38%

10Y*

5.95%

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Risk-Adjusted Performance

IIPR vs. LAMYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Lord Abbett Dividend Growth Fund (LAMYX). 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.


Sharpe ratio
The chart of Sharpe ratio for IIPR, currently valued at 0.22, compared to the broader market-4.00-2.000.002.000.221.36
The chart of Sortino ratio for IIPR, currently valued at 0.49, compared to the broader market-4.00-2.000.002.004.000.491.84
The chart of Omega ratio for IIPR, currently valued at 1.06, compared to the broader market0.501.001.502.001.061.27
The chart of Calmar ratio for IIPR, currently valued at 0.10, compared to the broader market0.002.004.006.000.101.58
The chart of Martin ratio for IIPR, currently valued at 0.71, compared to the broader market0.0010.0020.000.719.29
IIPR
LAMYX

The current IIPR Sharpe Ratio is 0.22, which is lower than the LAMYX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of IIPR and LAMYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.22
1.36
IIPR
LAMYX

Dividends

IIPR vs. LAMYX - Dividend Comparison

IIPR's dividend yield for the trailing twelve months is around 7.59%, more than LAMYX's 0.92% yield.


TTM20232022202120202019201820172016201520142013
IIPR
Innovative Industrial Properties, Inc.
7.59%7.16%7.01%2.18%2.44%3.73%2.64%1.70%0.00%0.00%0.00%0.00%
LAMYX
Lord Abbett Dividend Growth Fund
0.92%1.01%1.24%1.03%1.18%1.76%2.02%1.82%2.09%2.20%15.99%1.60%

Drawdowns

IIPR vs. LAMYX - Drawdown Comparison

The maximum IIPR drawdown since its inception was -75.43%, which is greater than LAMYX's maximum drawdown of -42.98%. Use the drawdown chart below to compare losses from any high point for IIPR and LAMYX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-57.92%
-8.91%
IIPR
LAMYX

Volatility

IIPR vs. LAMYX - Volatility Comparison

Innovative Industrial Properties, Inc. (IIPR) has a higher volatility of 7.92% compared to Lord Abbett Dividend Growth Fund (LAMYX) at 5.67%. This indicates that IIPR's price experiences larger fluctuations and is considered to be riskier than LAMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
7.92%
5.67%
IIPR
LAMYX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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