Correlation
The correlation between IIPR and SCHD is 0.42, 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.
IIPR vs. SCHD
Compare and contrast key facts about Innovative Industrial Properties, Inc. (IIPR) and Schwab US Dividend Equity ETF (SCHD).
SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIPR or SCHD.
Performance
IIPR vs. SCHD - Performance Comparison
Loading data...
Key characteristics
IIPR:
-1.00
SCHD:
0.29
IIPR:
-1.29
SCHD:
0.40
IIPR:
0.80
SCHD:
1.05
IIPR:
-0.57
SCHD:
0.21
IIPR:
-1.28
SCHD:
0.63
IIPR:
34.46%
SCHD:
5.25%
IIPR:
43.61%
SCHD:
16.48%
IIPR:
-78.14%
SCHD:
-33.37%
IIPR:
-74.23%
SCHD:
-9.40%
Returns By Period
In the year-to-date period, IIPR achieves a -12.43% return, which is significantly lower than SCHD's -2.98% return.
IIPR
-12.43%
5.71%
-44.98%
-43.29%
-18.24%
-2.01%
N/A
SCHD
-2.98%
2.34%
-9.15%
4.79%
3.60%
12.33%
10.60%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IIPR vs. SCHD — Risk-Adjusted Performance Rank
IIPR
SCHD
IIPR vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Schwab US Dividend Equity ETF (SCHD). 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.
Loading data...
Dividends
IIPR vs. SCHD - Dividend Comparison
IIPR's dividend yield for the trailing twelve months is around 13.42%, more than SCHD's 3.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIPR Innovative Industrial Properties, Inc. | 13.42% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.96% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
IIPR vs. SCHD - Drawdown Comparison
The maximum IIPR drawdown since its inception was -78.14%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IIPR and SCHD.
Loading data...
Volatility
IIPR vs. SCHD - Volatility Comparison
Innovative Industrial Properties, Inc. (IIPR) has a higher volatility of 8.97% compared to Schwab US Dividend Equity ETF (SCHD) at 4.81%. This indicates that IIPR's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...