Overview Performance Dividends Metrics Financials ETFs Industry Correlations

43 Stocks and 57 ETFs for diversifying Innovative Industrial Properties (IIPR)

The least correlated asset to Innovative Industrial Properties (IIPR) is ETF OTGL (OTG LATIN AMERICA ETF). The correlation is -0.5892.

Stocks that lowly correlated with IIPR

Symbol	Name	Market cap	Sector	Industry	Correlation
TMUSL	TMobile US Inc 6.250 Senior Notes due 2069	$27B	N/A	N/A	-0.56
AOMD	Angel Oak Mortgage REIT Inc	$622M	N/A	N/A	-0.56
MAMK	MaxsMaking Inc - Class A	$195M	Industrials	Conglomerates	-0.54
EVAC	EDWARDS GROUP LTD Foreign	$597M	Financial Services	Shell Companies	-0.53
CHPG	ChampionsGate Acquisition Corp - Class A	$78M	Financial Services	Shell Companies	-0.52
LWACW	LightWave Acquisition Corp - Warrants (06/06/2030)	$178M	N/A	N/A	-0.51
EGHA	EGH Acquisition Corp - Class A	$212M	Financial Services	Shell Companies	-0.51
BNRG	Brenmiller Energy Ltd	$1.54M	Utilities	Utilities - Renewable	-0.48
TACH	Titan Acquisition Corp - Class A	$288M	Financial Services	Shell Companies	-0.48
TWOD	Two Harbors Investment Corp	$2.67B	N/A	N/A	-0.46
VNMEW	Vendome Acquisition Corporation I Warrant	$2.70M	N/A	N/A	-0.46
INACU	Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$34M	Financial Services	Shell Companies	-0.46
YHNAR	YHN Acquisition I Ltd	$193K	N/A	N/A	-0.46
SZZLR	Sizzle Acquisition Corp II	$1.47M	N/A	N/A	-0.45
KKRT	KKR & Co. Inc	$22B	N/A	N/A	-0.44
ANPA	Rich Sparkle Holdings Ltd	$53M	Industrials	Specialty Business Services	-0.44
VNME	Vendome Acquisition Corporation I	$254M	Financial Services	Shell Companies	-0.44
GSHR	Gesher Acquisition Corp II - Class A	$157M	Financial Services	Shell Companies	-0.44
APUS	Apimeds Pharmaceuticals US Inc	$8.51M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.44
LSBK	Lake Shore Bancorp Inc	$134M	Financial Services	Banks - Regional	-0.44
STAI	ScanTech AI Systems Inc. Common stock	$325K	Industrials	Building Products & Equipment	-0.44
TMUSZ	TMobile US Inc 5.500 Senior Notes due March 2070	$24B	N/A	N/A	-0.43
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.43
LWAC	LightWave Acquisition Corp - Class A	$221M	Financial Services	Shell Companies	-0.43
FIGX	FIGX Capital Acquisition Corp - Class A	$159M	Financial Services	Shell Companies	-0.43
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.43
LSE	Leishen Energy Holding Co Ltd	$78M	Energy	Oil & Gas Equipment & Services	-0.43
KITT	Nauticus Robotics Inc	$4.97M	Industrials	Aerospace & Defense	-0.42
SPEGU	Silver Pegasus Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.42
YMT	Yimutian Inc	$111M	Technology	Software - Application	-0.41
UYSCR	UY Scuti Acquisition Corp	$191K	N/A	N/A	-0.40
WTGUR	Wintergreen Acquisition Corp	$237K	N/A	N/A	-0.40
BDMD	Baird Medical Investment Holdings Ltd .	$34M	Healthcare	Medical Devices	-0.40
HTLM	HomesToLife Ltd	$168M	Consumer Cyclical	Specialty Retail	-0.39
IPXXU	USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)	$66M	N/A	N/A	-0.39
TMUSI	TMobile US Inc 5.500 Senior Notes due June 2070	$23B	N/A	N/A	-0.39
PTHS	Channel Therapeutics Corporation	$92M	Healthcare	Biotechnology	-0.39
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.38
RR	Richtech Robotics Inc - Class B	$330M	Industrials	Specialty Industrial Machinery	-0.38
UMAC	Unusual Machines Inc	$885M	Technology	Computer Hardware	-0.38
AZI	Autozi Internet Technology (Global) Ltd - Class A	$9.05M	Consumer Cyclical	Auto & Truck Dealerships	-0.37
VWAV	VisionWave Holdings Inc	$85M	Industrials	Aerospace & Defense	-0.37
GLIBK	GCI Liberty Inc	$877M	Communication Services	Telecom Services	-0.37

ETFs that lowly correlated with IIPR

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
OTGL	OTG LATIN AMERICA ETF	$28M	0.95%	May 7, 2019	-0.59
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.56
MMKT	TEXAS CAPITAL GOVERNMENT MONEY MARKET ETF	$73M	0.20%	Sep 24, 2024	-0.49
IAUI	NEOS GOLD HIGH INCOME ETF	$448M	0.79%	Jun 4, 2025	-0.49
SOFR	Amplify Samsung SOFR ETF	$445M	0.20%	Nov 14, 2023	-0.48
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.47
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.47
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.47
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.47
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.47
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.46
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.46
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.46
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.46
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.46
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.46
NVYY	GraniteShares YieldBOOST NVDA ETF	$39M	1.15%	May 12, 2025	-0.45
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.45
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.45
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.45
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.45
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.45
TRSY	XTRACKERS US 0-1 YEAR TREASURY ETF	$68M	0.06%	Oct 8, 2024	-0.44
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.44
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$39M	0.12%	Sep 9, 2024	-0.44
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.44
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.43
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.43
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.43
KGLD	Kurv Gold Enhanced Income ETF	$97M	1.00%	Jul 7, 2025	-0.42
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.42
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.42
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.41
AGGA	EA ASTORIA DYNAMIC CORE US FIXED INCOME ETF	$89M	0.55%	Apr 30, 2025	-0.41
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.41
RIFR	RUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF	$43M	0.59%	May 13, 2025	-0.41
BNDY	HORIZON CORE BOND ETF	$249M	0.66%	Jul 2, 2025	-0.41
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.41
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.40
PMMF	iShares Prime Money Market ETF	$646M	0.20%	Feb 4, 2025	-0.40
BLST	BLUEMONTE SHORT TERM BOND ETF	$167M	0.23%	Jun 20, 2025	-0.40
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.40
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.39
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.39
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.39
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.39
TJUN	FT VEST EMERGING MARKETS BUFFER ETF - JUNE	$7M	0.95%	Jun 18, 2025	-0.39
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.39
VGUS	VANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES	$1B	0.07%	Feb 10, 2025	-0.38
MUNC	NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF	$8.20M	0.18%	Aug 18, 2025	-0.38
DEFR	APTUS DEFERRED INCOME ETF	$139M	0.79%	May 13, 2025	-0.38
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.37
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.37
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.37
BLUI	BLUEMONTE DIVERSIFIED INCOME ETF	$105M	0.75%	Jun 20, 2025	-0.37
IDEQ	LAZARD INTERNATIONAL DYNAMIC EQUITY ETF	$1.50B	0.40%	May 29, 2015	-0.37
BILT	iShares Infrastructure Active ETF	$32M	0.60%	Jul 29, 2025	-0.37