DPYA.L vs. IASP.L
DPYA.L (iShares Developed Markets Property Yield UCITS ETF USD (Acc)) and IASP.L (iShares Asia Property Yield UCITS ETF) are both REIT funds from iShares - DPYA.L tracks the FTSE EPRA Nareit Global TR USD while IASP.L tracks the FTSE EPRA Nareit Developed Asia TR USD. Both are passively managed. Over the past 5 years, DPYA.L returned 0.70%/yr vs -5.60%/yr for IASP.L. A 0.62 correlation means they provide meaningful diversification when combined. Both charge a 0.59% expense ratio.
Performance
DPYA.L vs. IASP.L - Performance Comparison
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Different Trading Currencies
DPYA.L is traded in USD, while IASP.L is traded in GBp. To make them comparable, the IASP.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DPYA.L achieves a 6.77% return, which is significantly higher than IASP.L's -7.89% return.
DPYA.L
- 1D
- 0.28%
- 1M
- -1.15%
- YTD
- 6.77%
- 6M
- 7.84%
- 1Y
- 10.62%
- 3Y*
- 8.60%
- 5Y*
- 0.70%
- 10Y*
- —
IASP.L
- 1D
- 0.21%
- 1M
- -7.61%
- YTD
- -7.89%
- 6M
- -6.37%
- 1Y
- 2.45%
- 3Y*
- -0.37%
- 5Y*
- -5.60%
- 10Y*
- -1.64%
DPYA.L vs. IASP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DPYA.L iShares Developed Markets Property Yield UCITS ETF USD (Acc) | 6.77% | 9.25% | -0.10% | 9.70% | -24.03% | 25.35% | -9.35% | 21.05% | -4.06% |
IASP.L iShares Asia Property Yield UCITS ETF | -7.89% | 26.04% | -13.25% | -6.20% | -15.06% | 1.66% | -11.97% | 13.36% | -6.29% |
Correlation
The correlation between DPYA.L and IASP.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 15, 2018 | 0.63 |
The correlation between DPYA.L and IASP.L has been stable across timeframes, ranging from 0.60 to 0.63 - a consistent structural relationship.
DPYA.L vs. IASP.L - Sectors Allocation Comparison
Sectors
DPYA.L
IASP.L
Real Estate
Financial Services
-
Consumer Cyclical
-
Basic Materials
-
-
Communication Services
-
-
Consumer Defensive
-
-
Energy
-
-
Healthcare
-
-
Industrials
-
-
Technology
-
-
Utilities
-
-
Real Estate
DPYA.L
IASP.L
Financial Services
DPYA.L
IASP.L
-
Consumer Cyclical
DPYA.L
IASP.L
-
Basic Materials
DPYA.L
-
IASP.L
-
Communication Services
DPYA.L
-
IASP.L
-
Consumer Defensive
DPYA.L
-
IASP.L
-
Energy
DPYA.L
-
IASP.L
-
Healthcare
DPYA.L
-
IASP.L
-
Industrials
DPYA.L
-
IASP.L
-
Technology
DPYA.L
-
IASP.L
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Utilities
DPYA.L
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IASP.L
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Return for Risk
DPYA.L vs. IASP.L — Risk / Return Rank
DPYA.L
IASP.L
DPYA.L vs. IASP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L) and iShares Asia Property Yield UCITS ETF (IASP.L). 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.
| DPYA.L | IASP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.04 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 0.17 | +0.89 |
| Martin ratioReturn relative to average drawdown | 3.66 | 0.50 | +3.16 |
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
| DPYA.L | IASP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.19 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | -0.40 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.09 | +0.27 |
Drawdowns
DPYA.L vs. IASP.L - Drawdown Comparison
The maximum DPYA.L drawdown since its inception was -42.96%, smaller than the maximum IASP.L drawdown of -71.12%. Use the drawdown chart below to compare losses from any high point for DPYA.L and IASP.L.
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Drawdown Indicators
| DPYA.L | IASP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.96% | -71.12% | +28.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -14.75% | +4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -18.07% | -17.98% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -33.79% | -38.59% | +4.80% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.07% | — |
Current DrawdownCurrent decline from peak | -3.81% | -43.46% | +39.65% |
Average DrawdownAverage peak-to-trough decline | -12.39% | -35.43% | +23.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 4.90% | -2.00% |
Volatility
DPYA.L vs. IASP.L - Volatility Comparison
The current volatility for iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L) is 3.57%, while iShares Asia Property Yield UCITS ETF (IASP.L) has a volatility of 3.92%. This indicates that DPYA.L experiences smaller price fluctuations and is considered to be less risky than IASP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DPYA.L | IASP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.92% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.15% | 10.21% | -1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.02% | 13.05% | -1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 13.95% | +2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 15.81% | +2.44% |
DPYA.L vs. IASP.L - Expense Ratio Comparison
Both DPYA.L and IASP.L have an expense ratio of 0.59%.
Dividends
DPYA.L vs. IASP.L - Dividend Comparison
DPYA.L has not paid dividends to shareholders, while IASP.L's dividend yield for the trailing twelve months is around 0.04%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DPYA.L iShares Developed Markets 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% |
IASP.L iShares Asia Property Yield UCITS ETF | 0.04% | 0.03% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
Frequently Asked Questions
DPYA.L and IASP.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.59% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DPYA.L and IASP.L have the same expense ratio: 0.59% per year.
DPYA.L tracks FTSE EPRA Nareit Global TR USD, while IASP.L tracks FTSE EPRA Nareit Developed Asia TR USD.
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