RWT vs. IIPR
Compare and contrast key facts about Redwood Trust, Inc. (RWT) and Innovative Industrial Properties, Inc. (IIPR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RWT or IIPR.
Correlation
The correlation between RWT and IIPR is 0.34, 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.
Performance
RWT vs. IIPR - Performance Comparison
Key characteristics
RWT:
-0.03
IIPR:
-0.53
RWT:
0.18
IIPR:
-0.47
RWT:
1.02
IIPR:
0.92
RWT:
-0.01
IIPR:
-0.29
RWT:
-0.06
IIPR:
-2.05
RWT:
11.92%
IIPR:
9.68%
RWT:
29.85%
IIPR:
37.15%
RWT:
-88.91%
IIPR:
-75.43%
RWT:
-55.73%
IIPR:
-68.39%
Fundamentals
RWT:
$921.90M
IIPR:
$2.87B
RWT:
$0.56
IIPR:
$5.61
RWT:
12.45
IIPR:
18.05
RWT:
1.39
IIPR:
0.00
RWT:
$706.63M
IIPR:
$310.93M
RWT:
$697.77M
IIPR:
$231.15M
RWT:
$669.84M
IIPR:
$246.09M
Returns By Period
In the year-to-date period, RWT achieves a -1.71% return, which is significantly higher than IIPR's -23.25% return.
RWT
-1.71%
-3.56%
9.29%
-2.37%
-8.87%
-2.81%
IIPR
-23.25%
-30.05%
-29.44%
-20.96%
6.57%
N/A
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Risk-Adjusted Performance
RWT vs. IIPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwood Trust, Inc. (RWT) 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
RWT vs. IIPR - Dividend Comparison
RWT's dividend yield for the trailing twelve months is around 7.24%, less than IIPR's 10.10% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Redwood Trust, Inc. | 7.24% | 9.58% | 13.61% | 5.91% | 8.26% | 7.26% | 7.83% | 7.56% | 7.36% | 8.48% | 5.69% | 5.78% |
Innovative Industrial Properties, Inc. | 10.10% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RWT vs. IIPR - Drawdown Comparison
The maximum RWT drawdown since its inception was -88.91%, which is greater than IIPR's maximum drawdown of -75.43%. Use the drawdown chart below to compare losses from any high point for RWT and IIPR. For additional features, visit the drawdowns tool.
Volatility
RWT vs. IIPR - Volatility Comparison
The current volatility for Redwood Trust, Inc. (RWT) is 8.04%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 26.56%. This indicates that RWT 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.
Financials
RWT vs. IIPR - Financials Comparison
This section allows you to compare key financial metrics between Redwood Trust, Inc. and Innovative Industrial 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