DPYA.L vs. WNEW.L
DPYA.L (iShares Developed Markets Property Yield UCITS ETF USD (Acc)) and WNEW.L (WisdomTree New Economy Real Estate UCITS ETF USD Dist) are both REIT funds tracking the FTSE EPRA Nareit Global TR USD, from iShares and WisdomTree respectively. Both are passively managed. Over the past 3 years, DPYA.L returned 8.60%/yr vs 19.70%/yr for WNEW.L. A 0.78 correlation means they provide meaningful diversification when combined. DPYA.L charges 0.59%/yr vs 0.45%/yr for WNEW.L.
Performance
DPYA.L vs. WNEW.L - Performance Comparison
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Different Trading Currencies
DPYA.L is traded in USD, while WNEW.L is traded in GBp. To make them comparable, the WNEW.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 lower than WNEW.L's 22.06% 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*
- —
WNEW.L
- 1D
- -1.05%
- 1M
- 6.16%
- YTD
- 22.06%
- 6M
- 21.17%
- 1Y
- 47.42%
- 3Y*
- 19.70%
- 5Y*
- —
- 10Y*
- —
DPYA.L vs. WNEW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DPYA.L iShares Developed Markets Property Yield UCITS ETF USD (Acc) | 6.77% | 9.25% | -0.10% | 9.70% | -20.28% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 22.06% | 32.54% | -5.06% | 12.62% | -22.57% |
Correlation
The correlation between DPYA.L and WNEW.L is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022 | 0.78 |
Over the past year, the correlation between DPYA.L and WNEW.L has dropped to 0.52 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.
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Return for Risk
DPYA.L vs. WNEW.L — Risk / Return Rank
DPYA.L
WNEW.L
DPYA.L vs. WNEW.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 WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.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 | WNEW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.38 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.24 | -2.18 |
| Martin ratioReturn relative to average drawdown | 3.66 | 9.14 | -5.48 |
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 | WNEW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 2.29 | -1.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.36 | -0.19 |
Drawdowns
DPYA.L vs. WNEW.L - Drawdown Comparison
The maximum DPYA.L drawdown since its inception was -42.96%, which is greater than WNEW.L's maximum drawdown of -34.48%. Use the drawdown chart below to compare losses from any high point for DPYA.L and WNEW.L.
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Drawdown Indicators
| DPYA.L | WNEW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.96% | -34.48% | -8.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -14.56% | +4.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.07% | -22.76% | +4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -33.79% | — | — |
Current DrawdownCurrent decline from peak | -3.81% | -2.75% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -12.39% | -16.50% | +4.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 5.18% | -2.28% |
Volatility
DPYA.L vs. WNEW.L - Volatility Comparison
The current volatility for iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L) is 3.57%, while WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) has a volatility of 7.98%. This indicates that DPYA.L experiences smaller price fluctuations and is considered to be less risky than WNEW.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 | WNEW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 7.98% | -4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.15% | 14.92% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.02% | 20.67% | -8.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 19.58% | -3.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 19.58% | -1.33% |
DPYA.L vs. WNEW.L - Expense Ratio Comparison
DPYA.L has a 0.59% expense ratio, which is higher than WNEW.L's 0.45% expense ratio.
Dividends
DPYA.L vs. WNEW.L - Dividend Comparison
DPYA.L has not paid dividends to shareholders, while WNEW.L's dividend yield for the trailing twelve months is around 1.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DPYA.L iShares Developed Markets Property Yield UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.30% | 1.70% | 1.83% | 1.23% | 0.72% |
Frequently Asked Questions
DPYA.L and WNEW.L have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WNEW.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WNEW.L is cheaper with a 0.45% expense ratio, compared with 0.59% for DPYA.L.
Both ETFs track FTSE EPRA Nareit Global TR USD. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.59% for DPYA.L and 0.45% for WNEW.L.
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