Innovative Industrial Properties Inc vs iShares TIPS Bond ETF — how do they compare? Innovative Industrial Properties Inc trades at $63.9 (market cap $1.87B), while iShares TIPS Bond ETF trades at $107.93. The key difference: Innovative Industrial Properties Inc pays a 11.81% dividend while iShares TIPS Bond ETF pays none, and Innovative Industrial Properties Inc is trading nearer its 52-week high, iShares TIPS Bond ETF nearer its low. Which is the better fit depends on your goals.
| IIPR | TIP | |
|---|---|---|
Market Cap | $1.87B | — |
Sector | Real Estate | Fixed Income |
52-Week High | $64.67 | $112.20 |
52-Week Low | $44.58 | $107.91 |
Enterprise Value | $2.25B | — |
Dividend Yield | 11.81% | — |
Trailing returns across standard periods
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 →TIP is the flagship ETF for U.S. Treasury Inflation-Protected Securities (TIPS). It tracks an index of government bonds whose principal value adjusts based on the Consumer Price Index (CPI), providing a direct hedge against rising inflation.
Read more on TIP →