IIPR vs TSLX

Comparison between Innovative Industrial Properties Inc (IIPR, Company) and Sixth Street Specialty Lending Inc (TSLX, Company).

IIPR is from the Real Estate sector, while TSLX is from the Financial Services sector.

5-Year PerformanceTSLX has outperformed IIPR, delivering a return of +5.0% compared to -13.1%

IIPR vs TSLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIPR(COMPANY)	TSLX(COMPANY)
Market Cap	$1.64B	$1.64B
Max Drawdown	84.42%	52.72%
Sharpe Ratio	0.61	-0.83
5Y Beta	0.69	0.56
Industry	Reit - Industrial	Asset Management
P/E Ratio	13.53	15.13
Forward P/E	13.37	13.28
PEG Ratio	0.00	1.27
Dividend Yield	13.00%	11.30%
5Y Dividends CAGR	14.68%	-2.77%
5Y EPS CAGR	3.72%	N/A
Debt to Equity	0.00%	116.90%
Free Cash Flow Yield	12.23%	13.92%
P/S Ratio	6.29	3.85
P/B Ratio	0.93	1.06

Market Cap

IIPR

$1.64B

Winner

TSLX

$1.64B

Max Drawdown

IIPR

84.42%

Winner

TSLX

52.72%

Sharpe Ratio

Winner

IIPR

0.61

TSLX

-0.83

5Y Beta

IIPR

0.69

Winner

TSLX

0.56

Industry

IIPR

Reit - Industrial

TSLX

Asset Management

P/E Ratio

Winner

IIPR

13.53

TSLX

15.13

Forward P/E

IIPR

13.37

Winner

TSLX

13.28

PEG Ratio

Winner

IIPR

0.00

TSLX

1.27

Dividend Yield

Winner

IIPR

13.00%

TSLX

11.30%

5Y Dividends CAGR

Winner

IIPR

14.68%

TSLX

-2.77%

5Y EPS CAGR

IIPR

3.72%

TSLX

N/A

Debt to Equity

Winner

IIPR

0.00%

TSLX

116.90%

Free Cash Flow Yield

IIPR

12.23%

Winner

TSLX

13.92%

P/S Ratio

IIPR

6.29

Winner

TSLX

3.85

P/B Ratio

Winner

IIPR

0.93

TSLX

1.06

IIPR vs TSLX - Historical Returns

Returns include dividend reinvestment.

Period	IIPR	TSLX
1 month	-2.88%	-11.28%
3 months	+10.42%	-3.29%
6 months	+26.12%	-18.22%
1 year	+23.65%	-18.28%
5 years(CAGR)	-13.10%	+4.96%
10 years(CAGR)	+19.26%	+11.66%
Max(CAGR)	+19.26%	+11.46%

Winner

IIPR

-2.88%

TSLX

-11.28%

Winner

IIPR

+10.42%

TSLX

-3.29%

Winner

IIPR

+26.12%

TSLX

-18.22%

Winner

IIPR

+23.65%

TSLX

-18.28%

5Y(CAGR)

IIPR

-13.10%

Winner

TSLX

+4.96%

10Y(CAGR)

Winner

IIPR

+19.26%

TSLX

+11.66%

Max(CAGR)

Winner

IIPR

+19.26%

TSLX

+11.46%

IIPR vs TSLX - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	IIPR	TSLX
2026	+22.90%	-17.58%
2025	-19.45%	+11.88%
2024	-28.90%	+8.94%
2023	+12.26%	+33.93%
2022	-56.68%	-16.67%
2021	+52.15%	+33.21%
2020	+158.90%	+9.15%
2019	+70.62%	+27.10%
2018	+27.13%	-0.12%
2017	+77.27%	+16.88%
2016	-5.01%	+24.12%
2015	N/A	+6.55%
2014	N/A	+14.82%

IIPR vs TSLX Drawdown Comparison

The maximum drawdown for IIPR was -78.34%, occurring on Aug 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for TSLX was -50.17%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The current IIPR drawdown is -69.05%. The current TSLX drawdown is -25.70%.

Rank	IIPR	TSLX
#1	-78.34% Nov 15, 2021 - Aug 8, 2025	-50.17% Feb 20, 2020 - Dec 1, 2020
#2	-65.46% Jul 11, 2019 - Oct 9, 2020	-31.30% Jun 11, 2014 - Jan 4, 2017
#3	-33.22% Jan 2, 2018 - May 25, 2018	-28.79% Jan 12, 2022 - Aug 4, 2023
#4	-24.76% Feb 24, 2021 - Aug 6, 2021	-27.87% Jul 17, 2025 - Feb 27, 2026
#5	-21.36% Jan 5, 2017 - Oct 25, 2017	-16.78% Feb 28, 2025 - May 20, 2025
#6	-20.75% Nov 23, 2018 - Jan 17, 2019	-13.46% Oct 5, 2017 - Aug 2, 2018
#7	-19.58% Dec 1, 2016 - Jan 5, 2017	-11.91% Nov 9, 2018 - Feb 20, 2019
#8	-16.79% Jun 11, 2018 - Aug 24, 2018	-8.65% Jul 10, 2024 - Nov 29, 2024
#9	-16.65% Sep 28, 2018 - Nov 16, 2018	-7.60% Jul 12, 2021 - Oct 18, 2021
#10	-14.18% Mar 21, 2019 - Jun 5, 2019	-7.33% Aug 15, 2017 - Oct 5, 2017
#11	-14.10% Oct 13, 2020 - Nov 5, 2020	-7.12% Sep 28, 2023 - Nov 3, 2023
#12	-12.87% Feb 27, 2019 - Mar 15, 2019	-6.92% Apr 29, 2021 - Jun 1, 2021
#13	-12.76% Jun 20, 2019 - Jul 11, 2019	-6.12% Nov 8, 2021 - Jan 4, 2022
#14	-11.21% Dec 22, 2020 - Jan 21, 2021	-5.94% Jan 26, 2024 - May 1, 2024
#15	-9.44% Sep 3, 2021 - Oct 20, 2021	-5.78% Feb 21, 2019 - Jun 19, 2019

Correlation

Correlation between IIPR and TSLX is 0.37 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.37

-101

Dividend Comparison (2014 - 2026)

IIPR vs TSLX dividend yield comparison.

Year	IIPR	TSLX
2026	3.24%	2.70%
2025	16.05%	9.44%
2024	11.28%	9.81%
2023	7.16%	9.72%
2022	7.01%	10.34%
2021	2.18%	15.35%
2020	2.44%	11.08%
2019	3.73%	8.43%
2018	1.87%	9.84%
2017	1.70%	8.84%
2016	0.00%	8.35%
2015	0.00%	9.62%
2014	0.00%	9.10%