ULCC vs IIPR

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

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

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

ULCC vs IIPR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

ULCC

$1.78B

Winner

IIPR

$1.78B

Max Drawdown

ULCC

87.04%

Winner

IIPR

84.42%

Sharpe Ratio

Winner

ULCC

1.16

IIPR

0.73

5Y Beta

ULCC

2.24

Winner

IIPR

0.70

Industry

ULCC

Airlines

IIPR

Reit - Industrial

P/E Ratio

Winner

ULCC

-4.84

IIPR

14.70

Forward P/E

Winner

ULCC

13.95

IIPR

14.64

PEG Ratio

ULCC

N/A

IIPR

0.00

Dividend Yield

ULCC

N/A

IIPR

12.30%

5Y Dividends CAGR

ULCC

N/A

IIPR

13.12%

5Y EPS CAGR

Winner

ULCC

4.83%

IIPR

3.72%

Debt to Equity

ULCC

262.61%

Winner

IIPR

0.00%

Free Cash Flow Yield

ULCC

-22.47%

Winner

IIPR

11.26%

P/S Ratio

Winner

ULCC

0.47

IIPR

6.91

P/B Ratio

ULCC

7.97

Winner

IIPR

1.02

ULCC vs IIPR - Historical Returns

Returns include dividend reinvestment.

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

Winner

ULCC

+31.37%

IIPR

+12.76%

Winner

ULCC

+110.56%

IIPR

+30.14%

Winner

ULCC

+65.86%

IIPR

+37.09%

Winner

ULCC

+89.03%

IIPR

+27.98%

5Y(CAGR)

ULCC

-14.47%

Winner

IIPR

-12.97%

10Y(CAGR)

ULCC

N/A

IIPR

+20.46%

Max(CAGR)

ULCC

-15.93%

Winner

IIPR

+20.46%

ULCC vs IIPR - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

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

ULCC vs IIPR Drawdown Comparison

The maximum drawdown for ULCC was -87.04%, occurring on Aug 12, 2024. This drawdown has not yet recovered.

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

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

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