IIPR vs ULCC

Comparison between Innovative Industrial Properties Inc (IIPR, Company) and Frontier Group Holdings Inc (ULCC, Company).

IIPR is from the Real Estate sector, while ULCC is from the Industrials sector.

5-Year PerformanceIIPR has outperformed ULCC, delivering a return of -13.0% compared to -14.5%

IIPR vs ULCC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIPR(COMPANY)	ULCC(COMPANY)
Market Cap	$1.78B	$1.78B
Max Drawdown	84.42%	87.04%
Sharpe Ratio	0.73	1.16
5Y Beta	0.70	2.24
Industry	Reit - Industrial	Airlines
P/E Ratio	14.70	-4.84
Forward P/E	14.64	13.95
PEG Ratio	0.00	N/A
Dividend Yield	12.30%	N/A
5Y Dividends CAGR	13.12%	N/A
5Y EPS CAGR	3.72%	4.83%
Debt to Equity	0.00%	262.61%
Free Cash Flow Yield	11.26%	-22.47%
P/S Ratio	6.91	0.47
P/B Ratio	1.02	7.97

Market Cap

Winner

IIPR

$1.78B

ULCC

$1.78B

Max Drawdown

Winner

IIPR

84.42%

ULCC

87.04%

Sharpe Ratio

IIPR

0.73

Winner

ULCC

1.16

5Y Beta

Winner

IIPR

0.70

ULCC

2.24

Industry

IIPR

Reit - Industrial

ULCC

Airlines

P/E Ratio

IIPR

14.70

Winner

ULCC

-4.84

Forward P/E

IIPR

14.64

Winner

ULCC

13.95

PEG Ratio

IIPR

0.00

ULCC

N/A

Dividend Yield

IIPR

12.30%

ULCC

N/A

5Y Dividends CAGR

IIPR

13.12%

ULCC

N/A

5Y EPS CAGR

IIPR

3.72%

Winner

ULCC

4.83%

Debt to Equity

Winner

IIPR

0.00%

ULCC

262.61%

Free Cash Flow Yield

Winner

IIPR

11.26%

ULCC

-22.47%

P/S Ratio

IIPR

6.91

Winner

ULCC

0.47

P/B Ratio

Winner

IIPR

1.02

ULCC

7.97

IIPR vs ULCC - Historical Returns

Returns include dividend reinvestment.

Period	IIPR	ULCC
1 month	+12.76%	+31.37%
3 months	+30.14%	+110.56%
6 months	+37.09%	+65.86%
1 year	+27.98%	+89.03%
5 years(CAGR)	-12.97%	-14.47%
10 years(CAGR)	+20.46%	N/A
Max(CAGR)	+20.46%	-15.93%

IIPR

+12.76%

Winner

ULCC

+31.37%

IIPR

+30.14%

Winner

ULCC

+110.56%

IIPR

+37.09%

Winner

ULCC

+65.86%

IIPR

+27.98%

Winner

ULCC

+89.03%

5Y(CAGR)

Winner

IIPR

-12.97%

ULCC

-14.47%

10Y(CAGR)

IIPR

+20.46%

ULCC

N/A

Max(CAGR)

Winner

IIPR

+20.46%

ULCC

-15.93%

IIPR vs ULCC - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	IIPR	ULCC
2026	+37.09%	+65.86%
2025	-19.45%	-34.85%
2024	-28.90%	+33.90%
2023	+12.26%	-45.94%
2022	-56.68%	-27.21%
2021	+52.15%	-28.01%
2020	+158.90%	N/A
2019	+70.62%	N/A
2018	+27.13%	N/A
2017	+77.27%	N/A
2016	-5.01%	N/A

IIPR vs ULCC 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 ULCC was -87.04%, occurring on Aug 12, 2024. This drawdown has not yet recovered.

The current IIPR drawdown is -65.47%. The current ULCC drawdown is -65.40%.

Rank	IIPR	ULCC
#1	-78.34% Nov 15, 2021 - Aug 8, 2025	-87.04% Jun 1, 2021 - Aug 12, 2024
#2	-65.46% Jul 11, 2019 - Oct 9, 2020	-12.21% Apr 9, 2021 - Jun 1, 2021
#3	-33.22% Jan 2, 2018 - May 25, 2018	N/A
#4	-24.76% Feb 24, 2021 - Aug 6, 2021	N/A
#5	-21.36% Jan 5, 2017 - Oct 25, 2017	N/A
#6	-20.75% Nov 23, 2018 - Jan 17, 2019	N/A
#7	-19.58% Dec 1, 2016 - Jan 5, 2017	N/A
#8	-16.79% Jun 11, 2018 - Aug 24, 2018	N/A
#9	-16.65% Sep 28, 2018 - Nov 16, 2018	N/A
#10	-14.18% Mar 21, 2019 - Jun 5, 2019	N/A
#11	-14.10% Oct 13, 2020 - Nov 5, 2020	N/A
#12	-12.87% Feb 27, 2019 - Mar 15, 2019	N/A
#13	-12.76% Jun 20, 2019 - Jul 11, 2019	N/A
#14	-11.21% Dec 22, 2020 - Jan 21, 2021	N/A
#15	-9.44% Sep 3, 2021 - Oct 20, 2021	N/A