Performance analysis of Innovative Industrial Properties (IIPR)
Annual Return
Over the past 3 years, IIPR has had an average annual return of +3.64%, underperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, IIPR has had an average annual return of -14.02%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Dec 1, 2016, IIPR has had an average annual return of +20.30%, outperforming the benchmark SPY, which returned +15.41% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +42.88% | -18.05% | -28.63% | +8.80% | -58.99% | +47.47% | +151.25% | +72.58% | +43.89% | +82.24% | -5.01% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.03% | +9.60% | -1.70% | +8.15% | +6.89% | +10.16% | +2.07% | +42.88% | |||||
| 2025 | +7.56% | +0.38% | -22.18% | +0.41% | +1.68% | +3.44% | -6.38% | +9.60% | -2.08% | -6.40% | -1.39% | -0.39% | -18.05% |
| 2024 | -7.53% | +5.11% | +7.51% | -0.13% | +4.24% | +3.10% | +12.44% | +1.20% | +9.83% | -4.02% | -15.61% | -37.13% | -28.63% |
| 2023 | -11.42% | -1.53% | -11.97% | -9.79% | -3.57% | +13.13% | +8.52% | +10.16% | -11.18% | -5.06% | +13.69% | +25.65% | +8.80% |
| 2022 | -24.62% | -4.91% | +9.92% | -29.61% | -7.98% | -16.12% | -12.25% | -4.86% | -1.54% | +22.15% | +12.13% | -14.91% | -58.99% |
| 2021 | +2.18% | +4.21% | -6.92% | +1.65% | -1.58% | +6.75% | +12.55% | +14.38% | -5.38% | +13.81% | -2.38% | +2.96% | +47.47% |
| 2020 | +17.96% | +2.73% | -16.38% | +3.33% | +4.15% | +8.97% | +18.42% | +18.09% | +1.77% | -6.03% | +31.75% | +19.98% | +151.25% |
| 2019 | +36.42% | +27.57% | +3.97% | +4.22% | -1.30% | +47.78% | -14.48% | -15.62% | +4.44% | -17.72% | +1.85% | -0.65% | +72.58% |
| 2018 | -11.58% | -12.63% | +8.19% | +27.63% | +10.05% | -1.84% | -11.58% | +40.21% | +7.06% | -15.03% | +20.40% | -8.02% | +43.89% |
| 2017 | +2.18% | -11.18% | +3.34% | +5.50% | -1.28% | -4.90% | +8.96% | -6.42% | +10.38% | +5.41% | -7.92% | +79.57% | +82.24% |
Drawdown analysis of Innovative Industrial Properties (IIPR)
The maximum drawdown for the IIPR was -78.34%, occurring on Aug 8, 2025. This drawdown has not yet recovered.
The current IIPR drawdown is -65.55%.
Since Dec 1, 2016 IIPR has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 3 times
- 20% or more: 6 times
- 10% or more: 14 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.34% | Nov 15, 2021 | 935 | Aug 8, 2025 | Ongoing | Ongoing | Ongoing |
| -65.46% | Jul 11, 2019 | 173 | Mar 18, 2020 | 143 | Oct 9, 2020 | 316 |
| -33.23% | Jan 2, 2018 | 38 | Feb 27, 2018 | 62 | May 25, 2018 | 100 |
| -24.76% | Feb 24, 2021 | 8 | Mar 8, 2021 | 106 | Aug 6, 2021 | 114 |
| -21.37% | Jan 5, 2017 | 44 | Mar 10, 2017 | 159 | Oct 25, 2017 | 203 |
| -20.76% | Nov 23, 2018 | 20 | Dec 24, 2018 | 16 | Jan 17, 2019 | 36 |
| -19.58% | Dec 1, 2016 | 2 | Dec 5, 2016 | 21 | Jan 5, 2017 | 23 |
| -16.79% | Jun 11, 2018 | 34 | Jul 30, 2018 | 19 | Aug 24, 2018 | 53 |
| -16.65% | Sep 28, 2018 | 26 | Nov 5, 2018 | 9 | Nov 16, 2018 | 35 |
| -14.18% | Mar 21, 2019 | 8 | Apr 2, 2019 | 44 | Jun 5, 2019 | 52 |
| -14.10% | Oct 13, 2020 | 13 | Oct 30, 2020 | 4 | Nov 5, 2020 | 17 |
| -12.87% | Feb 27, 2019 | 7 | Mar 8, 2019 | 5 | Mar 15, 2019 | 12 |
| -12.76% | Jun 20, 2019 | 1 | Jun 21, 2019 | 13 | Jul 11, 2019 | 14 |
| -11.21% | Dec 22, 2020 | 10 | Jan 7, 2021 | 9 | Jan 21, 2021 | 19 |
| -9.44% | Sep 3, 2021 | 5 | Sep 13, 2021 | 27 | Oct 20, 2021 | 32 |
| -9.12% | Feb 11, 2019 | 3 | Feb 14, 2019 | 4 | Feb 21, 2019 | 7 |
| -8.41% | Aug 31, 2018 | 2 | Sep 5, 2018 | 12 | Sep 21, 2018 | 14 |
| -8.29% | Oct 30, 2017 | 22 | Nov 30, 2017 | 5 | Dec 7, 2017 | 27 |
| -6.95% | Jan 26, 2021 | 3 | Jan 29, 2021 | 2 | Feb 2, 2021 | 5 |
| -6.94% | Nov 5, 2020 | 2 | Nov 9, 2020 | 12 | Nov 25, 2020 | 14 |
| -5.82% | Nov 27, 2020 | 4 | Dec 3, 2020 | 4 | Dec 9, 2020 | 8 |
| -5.36% | Dec 15, 2017 | 2 | Dec 19, 2017 | 1 | Dec 20, 2017 | 3 |
| -5.13% | Feb 16, 2021 | 5 | Feb 23, 2021 | 1 | Feb 24, 2021 | 6 |
| -4.91% | Feb 4, 2019 | 3 | Feb 7, 2019 | 2 | Feb 11, 2019 | 5 |
| -4.42% | Dec 11, 2017 | 1 | Dec 12, 2017 | 2 | Dec 14, 2017 | 3 |