Correlation
The correlation between TIGIX and IIPR is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
TIGIX vs. IIPR
Compare and contrast key facts about Timothy Plan Growth & Income Fund (TIGIX) and Innovative Industrial Properties, Inc. (IIPR).
TIGIX is managed by Timothy Plan. It was launched on Sep 30, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIGIX or IIPR.
Performance
TIGIX vs. IIPR - Performance Comparison
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Key characteristics
TIGIX:
0.60
IIPR:
-1.01
TIGIX:
0.82
IIPR:
-1.24
TIGIX:
1.11
IIPR:
0.80
TIGIX:
0.58
IIPR:
-0.55
TIGIX:
1.75
IIPR:
-1.23
TIGIX:
2.83%
IIPR:
35.00%
TIGIX:
8.81%
IIPR:
43.45%
TIGIX:
-25.03%
IIPR:
-78.14%
TIGIX:
-3.30%
IIPR:
-74.86%
Returns By Period
In the year-to-date period, TIGIX achieves a 1.77% return, which is significantly higher than IIPR's -14.59% return.
TIGIX
1.77%
1.41%
-3.30%
4.16%
-0.26%
4.73%
1.95%
IIPR
-14.59%
0.42%
-46.28%
-43.92%
-18.91%
-1.55%
N/A
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Risk-Adjusted Performance
TIGIX vs. IIPR — Risk-Adjusted Performance Rank
TIGIX
IIPR
TIGIX vs. IIPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Timothy Plan Growth & Income Fund (TIGIX) 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.
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Dividends
TIGIX vs. IIPR - Dividend Comparison
TIGIX's dividend yield for the trailing twelve months is around 2.02%, less than IIPR's 13.76% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
TIGIX Timothy Plan Growth & Income Fund | 2.02% | 2.04% | 2.34% | 7.81% | 1.81% | 1.26% | 0.64% | 2.16% | 2.61% | 0.30% | 0.16% |
IIPR Innovative Industrial Properties, Inc. | 13.76% | 11.28% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% |
Drawdowns
TIGIX vs. IIPR - Drawdown Comparison
The maximum TIGIX drawdown since its inception was -25.03%, smaller than the maximum IIPR drawdown of -78.14%. Use the drawdown chart below to compare losses from any high point for TIGIX and IIPR.
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Volatility
TIGIX vs. IIPR - Volatility Comparison
The current volatility for Timothy Plan Growth & Income Fund (TIGIX) is 2.63%, while Innovative Industrial Properties, Inc. (IIPR) has a volatility of 8.48%. This indicates that TIGIX 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.
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