Compare VanEck Australian Floating Rate ETF (FLOT) vs Innovative Industrial Properties Inc (IIPR) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
VanEck Australian Floating Rate ETF vs Innovative Industrial Properties Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.98, while Innovative Industrial Properties Inc trades at $65.3 (market cap $1.84B). The key difference: Innovative Industrial Properties Inc pays a 11.95% dividend while VanEck Australian Floating Rate ETF pays none, and Innovative Industrial Properties Inc is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.
| FLOT | IIPR | |
|---|---|---|
Sector | Sector/Thematic | Real Estate |
52-Week High | $51.09 | $64.44 |
52-Week Low | $50.72 | $44.58 |
Market Cap | — | $1.84B |
Enterprise Value | — | $2.23B |
Dividend Yield | — | 11.95% |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
Innovative Industrial Properties (IIPR) trades at $63.83, showing modest daily gains. The technical outlook is bullish based on moving averages, with key support at $61-63 and resistance at $64-66. Fundamentally, the REIT maintains strong gross margins above 88% and a reasonable P/E of 16.22, though revenue declined to $266M in 2025. Recent news highlights successful debt management, including repaying $282M in senior notes and issuing new exchangeable notes, alongside a declared $1.90 quarterly dividend.
Outlook: IIPR presents a high-yield opportunity with a 13% dividend yield, supported by a strengthened balance sheet and potential tailwinds from cannabis rescheduling. Risks include tenant credit quality in the cannabis sector, revenue pressure, and negative cash flow trends. Analyst consensus leans cautious with 36% buy ratings versus 55% hold, suggesting a wait-and-see approach despite the attractive yield.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
About VanEck Australian Floating Rate ETF
FLOT provides exposure to a diversified portfolio of Australian dollar-denominated floating rate notes. It tracks the Bloomberg AusBond Credit FRN 0+ Yr Index, focusing on high-quality, investment-grade bonds from top Australian banks and financial institutions.
Read more on FLOT →About Innovative Industrial Properties Inc
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.
Read more on IIPR →
