RLIIX vs. IIPR
Compare and contrast key facts about RiverFront Asset Allocation Growth & Income (RLIIX) and Innovative Industrial Properties, Inc. (IIPR).
RLIIX is managed by ALPS. It was launched on Aug 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RLIIX or IIPR.
Correlation
The correlation between RLIIX and IIPR 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.
Performance
RLIIX vs. IIPR - Performance Comparison
Key characteristics
RLIIX:
1.43
IIPR:
-0.36
RLIIX:
1.99
IIPR:
-0.22
RLIIX:
1.26
IIPR:
0.96
RLIIX:
2.39
IIPR:
-0.19
RLIIX:
7.63
IIPR:
-0.66
RLIIX:
1.67%
IIPR:
20.78%
RLIIX:
8.92%
IIPR:
38.52%
RLIIX:
-36.74%
IIPR:
-75.43%
RLIIX:
-1.21%
IIPR:
-67.91%
Returns By Period
In the year-to-date period, RLIIX achieves a 2.45% return, which is significantly lower than IIPR's 9.05% return.
RLIIX
2.45%
0.28%
2.00%
11.50%
5.35%
3.07%
IIPR
9.05%
9.02%
-39.06%
-13.73%
-1.54%
N/A
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Risk-Adjusted Performance
RLIIX vs. IIPR — Risk-Adjusted Performance Rank
RLIIX
IIPR
RLIIX vs. IIPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Asset Allocation Growth & Income (RLIIX) and Innovative Industrial Properties, Inc. (IIPR). 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.
Dividends
RLIIX vs. IIPR - Dividend Comparison
RLIIX's dividend yield for the trailing twelve months is around 3.37%, less than IIPR's 10.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RLIIX RiverFront Asset Allocation Growth & Income | 3.37% | 3.45% | 3.02% | 3.92% | 1.40% | 1.43% | 2.07% | 2.22% | 1.37% | 1.66% | 1.62% | 2.25% |
IIPR Innovative Industrial Properties, Inc. | 10.35% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% |
Drawdowns
RLIIX vs. IIPR - Drawdown Comparison
The maximum RLIIX drawdown since its inception was -36.74%, smaller than the maximum IIPR drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for RLIIX and IIPR. For additional features, visit the drawdowns tool.
Volatility
RLIIX vs. IIPR - Volatility Comparison
The current volatility for RiverFront Asset Allocation Growth & Income (RLIIX) is 2.32%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 11.52%. This indicates that RLIIX experiences smaller price fluctuations and is considered to be less risky than IIPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.