AYEP.DE vs. IQQ4.DE
AYEP.DE (iShares Asia Property Yield UCITS ETF USD Acc) and IQQ4.DE (iShares Asia Property Yield UCITS ETF) are both REIT funds from iShares tracking the FTSE EPRA/NAREIT Developed Asia Dividend+. Both are passively managed. Over the past 5 years, AYEP.DE returned -1.21%/yr vs -1.23%/yr for IQQ4.DE. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.59% expense ratio.
Performance
AYEP.DE vs. IQQ4.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with AYEP.DE having a -5.35% return and IQQ4.DE slightly lower at -5.43%.
AYEP.DE
- 1D
- -0.02%
- 1M
- -6.11%
- YTD
- -5.35%
- 6M
- -4.80%
- 1Y
- 4.48%
- 3Y*
- 0.62%
- 5Y*
- -1.21%
- 10Y*
- —
IQQ4.DE
- 1D
- -0.01%
- 1M
- -6.27%
- YTD
- -5.43%
- 6M
- -4.59%
- 1Y
- 4.47%
- 3Y*
- 0.64%
- 5Y*
- -1.23%
- 10Y*
- 1.47%
AYEP.DE vs. IQQ4.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AYEP.DE iShares Asia Property Yield UCITS ETF USD Acc | -5.35% | 15.89% | -4.24% | -5.46% | -7.48% | 13.37% | -16.64% | 19.27% | -2.92% |
IQQ4.DE iShares Asia Property Yield UCITS ETF | -5.43% | 15.95% | -4.23% | -5.70% | -6.92% | 13.08% | -16.71% | 18.57% | -2.11% |
Correlation
The correlation between AYEP.DE and IQQ4.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018 | 0.94 |
The correlation between AYEP.DE and IQQ4.DE has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.
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Return for Risk
AYEP.DE vs. IQQ4.DE — Risk / Return Rank
AYEP.DE
IQQ4.DE
AYEP.DE vs. IQQ4.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Asia Property Yield UCITS ETF USD Acc (AYEP.DE) and iShares Asia Property Yield UCITS ETF (IQQ4.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AYEP.DE | IQQ4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.36 | 0.00 |
| Martin ratioReturn relative to average drawdown | 1.10 | 1.10 | 0.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AYEP.DE | IQQ4.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 0.40 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.10 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.06 | -0.06 |
Drawdowns
AYEP.DE vs. IQQ4.DE - Drawdown Comparison
The maximum AYEP.DE drawdown since its inception was -38.46%, smaller than the maximum IQQ4.DE drawdown of -66.50%. Use the drawdown chart below to compare losses from any high point for AYEP.DE and IQQ4.DE.
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Drawdown Indicators
| AYEP.DE | IQQ4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.46% | -66.50% | +28.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -12.27% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -12.31% | -12.74% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -22.65% | -22.58% | -0.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.41% | — |
Current DrawdownCurrent decline from peak | -16.71% | -16.46% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -15.03% | -20.21% | +5.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 4.06% | +0.01% |
Volatility
AYEP.DE vs. IQQ4.DE - Volatility Comparison
The current volatility for iShares Asia Property Yield UCITS ETF USD Acc (AYEP.DE) is 2.79%, while iShares Asia Property Yield UCITS ETF (IQQ4.DE) has a volatility of 2.96%. This indicates that AYEP.DE experiences smaller price fluctuations and is considered to be less risky than IQQ4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AYEP.DE | IQQ4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 2.96% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.31% | 8.48% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.94% | 11.27% | -0.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.71% | 11.94% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 14.73% | +0.70% |
AYEP.DE vs. IQQ4.DE - Expense Ratio Comparison
Both AYEP.DE and IQQ4.DE have an expense ratio of 0.59%.
Dividends
AYEP.DE vs. IQQ4.DE - Dividend Comparison
AYEP.DE has not paid dividends to shareholders, while IQQ4.DE's dividend yield for the trailing twelve months is around 3.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYEP.DE iShares Asia Property Yield UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQ4.DE iShares Asia Property Yield UCITS ETF | 3.74% | 3.52% | 4.07% | 3.83% | 3.77% | 2.92% | 3.50% | 2.93% | 3.32% | 3.19% | 2.92% | 3.48% |
Frequently Asked Questions
With a correlation of 0.94, AYEP.DE and IQQ4.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.59% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AYEP.DE and IQQ4.DE have the same expense ratio: 0.59% per year.
Both ETFs track FTSE EPRA/NAREIT Developed Asia Dividend+.
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