IIPR vs. VTS

Last updated Apr 1, 2026

Compare and contrast key facts about Innovative Industrial Properties, Inc. (IIPR) and Vitesse Energy Inc (VTS).

Performance

IIPR vs. VTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovative Industrial Properties, Inc. (IIPR) and Vitesse Energy Inc (VTS). The values are adjusted to include any dividend payments, if applicable.

IIPR vs. VTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IIPR Innovative Industrial Properties, Inc.	10.03%	-18.40%	-28.55%	-3.52%
VTS Vitesse Energy Inc	-3.58%	-15.20%	24.25%	66.54%

Fundamentals

Market Cap IIPR : $1.42B VTS : $718.28M
EPS IIPR : $4.14 VTS : $0.63
PE Ratio IIPR : 12.12 VTS : 28.66
PS Ratio IIPR : 5.34 VTS : 2.64
PB Ratio IIPR : 0.79 VTS : 1.14
Total Revenue (TTM) IIPR : $265.96M VTS : $273.99M
Gross Profit (TTM) IIPR : $235.78M VTS : $157.41M
EBITDA (TTM) IIPR : $205.79M VTS : $180.56M

Returns By Period

In the year-to-date period, IIPR achieves a 10.03% return, which is significantly higher than VTS's -3.58% return.

IIPR

• 1D: 2.66%
• 1M: -1.60%
• YTD: 10.03%
• 6M: 1.11%
• 1Y: 7.31%
• 3Y*: -3.14%
• 5Y*: -16.29%
• 10Y*: —

VTS

• 1D: -1.57%
• 1M: -3.83%
• YTD: -3.58%
• 6M: -17.93%
• 1Y: -18.82%
• 3Y*: 7.56%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IIPR vs. VTS — Risk / Return Rank

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

IIPR

IIPR Risk / Return Rank: 40
IIPR Sharpe Ratio Rank: 49
IIPR Sortino Ratio Rank: 44
IIPR Omega Ratio Rank: 44
IIPR Calmar Ratio Rank: 33
IIPR Martin Ratio Rank: 31

VTS

VTS Risk / Return Rank: 19
VTS Sharpe Ratio Rank: 20
VTS Sortino Ratio Rank: 20
VTS Omega Ratio Rank: 20
VTS Calmar Ratio Rank: 18
VTS Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IIPR vs. VTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovative Industrial Properties, Inc. (IIPR) and Vitesse Energy Inc (VTS). 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	VTS	Difference
Sharpe ratio Return per unit of total volatility	0.18	-0.50	+0.69
Sortino ratio Return per unit of downside risk	0.56	-0.48	+1.05
Omega ratio Gain probability vs. loss probability	1.07	0.94	+0.13
Calmar ratio Return relative to maximum drawdown	-0.29	-0.70	+0.42
Martin ratio Return relative to average drawdown	-0.70	-1.21	+0.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IIPR vs. VTS - Sharpe Ratio Comparison

The current IIPR Sharpe Ratio is 0.18, which is higher than the VTS Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of IIPR and VTS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IIPR	VTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	-0.50	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.49	-0.13

Correlation

The correlation between IIPR and VTS is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IIPR vs. VTS - Dividend Comparison

IIPR's dividend yield for the trailing twelve months is around 15.15%, more than VTS's 11.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IIPR Innovative Industrial Properties, Inc.	15.15%	16.05%	11.28%	7.16%	7.01%	2.18%	2.44%	3.73%	1.87%	1.70%
VTS Vitesse Energy Inc	11.70%	11.68%	8.30%	9.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

IIPR vs. VTS - Drawdown Comparison

The maximum IIPR drawdown since its inception was -78.42%, which is greater than VTS's maximum drawdown of -27.29%. Use the drawdown chart below to compare losses from any high point for IIPR and VTS.

Drawdown Indicators

	IIPR	VTS	Difference
Max Drawdown Largest peak-to-trough decline	-78.42%	-27.29%	-51.13%
Max Drawdown (1Y) Largest decline over 1 year	-21.29%	-27.29%	+6.00%
Max Drawdown (5Y) Largest decline over 5 years	-78.42%	—	—
Current Drawdown Current decline from peak	-73.58%	-27.29%	-46.29%
Average Drawdown Average peak-to-trough decline	-36.35%	-9.29%	-27.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.73%	15.85%	-7.12%

Volatility

IIPR vs. VTS - Volatility Comparison

The current volatility for Innovative Industrial Properties, Inc. (IIPR) is 9.37%, while Vitesse Energy Inc (VTS) has a volatility of 11.31%. This indicates that IIPR experiences smaller price fluctuations and is considered to be less risky than VTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IIPR	VTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.37%	11.31%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	28.46%	23.45%	+5.01%
Volatility (1Y) Calculated over the trailing 1-year period	42.31%	37.52%	+4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.17%	36.49%	+4.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.45%	36.49%	+11.96%

Financials