Innovative Industrial Properties Inc vs VanEck Semiconductor ETF — how do they compare? Innovative Industrial Properties Inc trades at $62.34 (market cap $1.83B), while VanEck Semiconductor ETF trades at $592.5. The key difference: Innovative Industrial Properties Inc pays a 12.01% dividend while VanEck Semiconductor ETF pays none. Which is the better fit depends on your goals.
| IIPR | SMH | |
|---|---|---|
Market Cap | $1.83B | — |
Sector | Real Estate | — |
52-Week High | $64.67 | $668.91 |
52-Week Low | $44.58 | $283.95 |
Enterprise Value | $2.22B | — |
Dividend Yield | 12.01% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →The fund normally invests at least 80% of its total assets in securities that comprise the target index. The index includes common stocks and depositary receipts of US exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a US exchange. The fund is non-diversified.
Read more on SMH →