NLCP vs. VICI
NLCP (NewLake Capital Partners, Inc.) and VICI (VICI Properties Inc.) are both stocks. Both are in the Real Estate sector — NLCP in REIT - Specialty, VICI in REIT - Diversified. Over the past 3 years, NLCP returned 19.78%/yr vs -0.35%/yr for VICI. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
NLCP vs. VICI - Performance Comparison
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Returns By Period
In the year-to-date period, NLCP achieves a 3.90% return, which is significantly higher than VICI's -3.17% return.
NLCP
- 1D
- -0.45%
- 1M
- -1.08%
- 6M
- 9.21%
- YTD
- 3.90%
- 1Y
- 25.89%
- 3Y*
- 19.78%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -2.16%
VICI
- 1D
- 0.15%
- 1M
- -3.09%
- 6M
- -3.03%
- YTD
- -3.17%
- 1Y
- -15.26%
- 3Y*
- -0.35%
- 5Y*
- 2.07%
- 10Y*
- —
- ALL TIME*
- 9.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $951.06K | $912.30K | $1.23M | |
| $218.55M | $241.02M | $251.71M |
NLCP vs. VICI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NLCP NewLake Capital Partners, Inc. | 3.90% | 2.42% | 19.43% | 11.85% | -39.27% | 3.97% |
VICI VICI Properties Inc. | -3.17% | 1.90% | -3.07% | 3.58% | 13.01% | 5.45% |
Correlation
The correlation between NLCP and VICI is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2021 | 0.14 |
Fundamentals
NLCP:
$321.68M
VICI:
$29.01B
NLCP:
$1.23
VICI:
$2.58
NLCP:
12.72
VICI:
10.21
NLCP:
0.42
VICI:
0.58
NLCP:
6.54
VICI:
6.88
NLCP:
0.85
VICI:
0.98
NLCP:
$50.17M
VICI:
$4.11B
NLCP:
$6.26M
VICI:
$3.02B
NLCP:
$42.43M
VICI:
$2.90B
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Return for Risk
NLCP vs. VICI — Risk / Return Rank
NLCP
VICI
NLCP vs. VICI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NewLake Capital Partners, Inc. (NLCP) and VICI Properties Inc. (VICI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NLCP | VICI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.84 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.88 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | -0.75 | +2.46 |
| Martin ratioReturn relative to average drawdown | 3.52 | -1.15 | +4.67 |
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Drawdowns
NLCP vs. VICI - Drawdown Comparison
The maximum NLCP drawdown since its inception was -58.59%, roughly equal to the maximum VICI drawdown of -60.21%. Use the drawdown chart below to compare losses from any high point for NLCP and VICI.
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Drawdown Indicators
| NLCP | VICI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.59% | -60.21% | +1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | -18.63% | +3.85% |
Max Drawdown (3Y)Largest decline over 3 years | -35.06% | -18.63% | -16.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.63% | — |
Current DrawdownCurrent decline from peak | -21.42% | -17.31% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -33.38% | -8.30% | -25.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.16% | 12.14% | -4.98% |
Volatility
NLCP vs. VICI - Volatility Comparison
The current volatility for NewLake Capital Partners, Inc. (NLCP) is 4.51%, while VICI Properties Inc. (VICI) has a volatility of 7.33%. This indicates that NLCP experiences smaller price fluctuations and is considered to be less risky than VICI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NLCP | VICI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 7.33% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 14.70% | +2.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.57% | 18.13% | +5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.82% | 21.04% | +8.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.82% | 29.22% | +0.60% |
Dividends
NLCP vs. VICI - Dividend Comparison
NLCP's dividend yield for the trailing twelve months is around 11.00%, more than VICI's 6.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NLCP NewLake Capital Partners, Inc. | 11.00% | 10.80% | 9.71% | 9.81% | 8.99% | 1.50% | 0.00% | 0.00% | 0.00% |
VICI VICI Properties Inc. | 6.83% | 6.28% | 5.80% | 5.05% | 4.63% | 4.58% | 4.92% | 4.58% | 5.31% |
Financials
NLCP vs. VICI - Financials Comparison
This section allows you to compare key financial metrics between NewLake Capital Partners, Inc. and VICI Properties Inc.. 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
NLCP vs. VICI - Profitability Comparison
NLCP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NewLake Capital Partners, Inc. reported a gross profit of 0.00 and revenue of 12.31M. Therefore, the gross margin over that period was 0.0%.
VICI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, VICI Properties Inc. reported a gross profit of 0.00 and revenue of 1.06B. Therefore, the gross margin over that period was 0.0%.
NLCP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NewLake Capital Partners, Inc. reported an operating income of 6.01M and revenue of 12.31M, resulting in an operating margin of 48.9%.
VICI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, VICI Properties Inc. reported an operating income of 0.00 and revenue of 1.06B, resulting in an operating margin of 0.0%.
NLCP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NewLake Capital Partners, Inc. reported a net income of 5.78M and revenue of 12.31M, resulting in a net margin of 46.9%.
VICI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, VICI Properties Inc. reported a net income of 526.52M and revenue of 1.06B, resulting in a net margin of 49.7%.
Frequently Asked Questions
NLCP and VICI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VICI has higher volatility (7.33%) compared to NLCP (4.51%). In terms of maximum drawdown, NLCP dropped -58.59% vs VICI's -60.21%.
NLCP currently has the higher Sharpe Ratio (1.07 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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