DPYE.L vs. IASP.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Developed Markets Property Yield UCITS ETF EUR Hedged (Acc) (DPYE.L) and iShares Asia Property Yield UCITS ETF (IASP.L).

DPYE.L and IASP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DPYE.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT Developed Dividend+ (EUR Hedged). It was launched on Mar 5, 2018. IASP.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit Developed Asia TR USD. It was launched on Oct 20, 2006. Both DPYE.L and IASP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

DPYE.L vs. IASP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Developed Markets Property Yield UCITS ETF EUR Hedged (Acc) (DPYE.L) and iShares Asia Property Yield UCITS ETF (IASP.L). The values are adjusted to include any dividend payments, if applicable.

DPYE.L vs. IASP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
DPYE.L iShares Developed Markets Property Yield UCITS ETF EUR Hedged (Acc)	1.42%	5.47%	0.74%	8.05%	-23.49%	27.34%	-12.56%	18.22%	0.64%
IASP.L iShares Asia Property Yield UCITS ETF	-0.62%	15.21%	-3.86%	-5.57%	-6.57%	12.54%	-16.51%	19.45%	5.47%

Different Trading Currencies

DPYE.L is traded in EUR, while IASP.L is traded in GBp. To make them comparable, the IASP.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, DPYE.L achieves a 1.42% return, which is significantly higher than IASP.L's -0.62% return.

DPYE.L

• 1D: 1.19%
• 1M: -6.49%
• YTD: 1.42%
• 6M: 0.48%
• 1Y: 5.28%
• 3Y*: 5.50%
• 5Y*: 0.88%
• 10Y*: —

IASP.L

• 1D: 2.28%
• 1M: -7.09%
• YTD: -0.62%
• 6M: 0.93%
• 1Y: 10.52%
• 3Y*: 2.26%
• 5Y*: -0.04%
• 10Y*: 2.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DPYE.L vs. IASP.L - Expense Ratio Comparison

DPYE.L has a 0.64% expense ratio, which is higher than IASP.L's 0.59% expense ratio.

DPYE.L

iShares Developed Markets Property Yield UCITS ETF EUR Hedged (Acc)

IASP.L

iShares Asia Property Yield UCITS ETF

Return for Risk

DPYE.L vs. IASP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DPYE.L

DPYE.L Risk / Return Rank: 21
DPYE.L Sharpe Ratio Rank: 21
DPYE.L Sortino Ratio Rank: 20
DPYE.L Omega Ratio Rank: 21
DPYE.L Calmar Ratio Rank: 22
DPYE.L Martin Ratio Rank: 23

IASP.L

IASP.L Risk / Return Rank: 63
IASP.L Sharpe Ratio Rank: 73
IASP.L Sortino Ratio Rank: 71
IASP.L Omega Ratio Rank: 63
IASP.L Calmar Ratio Rank: 53
IASP.L Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DPYE.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 EUR Hedged (Acc) (DPYE.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.

	DPYE.L	IASP.L	Difference
Sharpe ratio Return per unit of total volatility	0.38	0.89	-0.51
Sortino ratio Return per unit of downside risk	0.60	1.26	-0.66
Omega ratio Gain probability vs. loss probability	1.08	1.16	-0.08
Calmar ratio Return relative to maximum drawdown	0.53	1.11	-0.58
Martin ratio Return relative to average drawdown	1.85	4.54	-2.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DPYE.L vs. IASP.L - Sharpe Ratio Comparison

The current DPYE.L Sharpe Ratio is 0.38, which is lower than the IASP.L Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of DPYE.L and IASP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DPYE.L	IASP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	0.89	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.00	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.12	0.00

Correlation

The correlation between DPYE.L and IASP.L is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DPYE.L vs. IASP.L - Dividend Comparison

DPYE.L has not paid dividends to shareholders, while IASP.L's dividend yield for the trailing twelve months is around 3.46%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPYE.L iShares Developed Markets Property Yield UCITS ETF EUR Hedged (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	3.46%	3.45%	4.16%	3.84%	3.63%	3.00%	3.42%	3.07%	3.30%	3.13%	2.82%	3.43%

Drawdowns

DPYE.L vs. IASP.L - Drawdown Comparison

The maximum DPYE.L drawdown since its inception was -41.46%, smaller than the maximum IASP.L drawdown of -64.51%. Use the drawdown chart below to compare losses from any high point for DPYE.L and IASP.L.

Drawdown Indicators

	DPYE.L	IASP.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.46%	-54.89%	+13.43%
Max Drawdown (1Y) Largest decline over 1 year	-11.21%	-10.68%	-0.53%
Max Drawdown (5Y) Largest decline over 5 years	-33.12%	-22.02%	-11.10%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.81%	—
Current Drawdown Current decline from peak	-11.85%	-13.61%	+1.76%
Average Drawdown Average peak-to-trough decline	-12.86%	-13.22%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	2.65%	+0.12%

Volatility

DPYE.L vs. IASP.L - Volatility Comparison

iShares Developed Markets Property Yield UCITS ETF EUR Hedged (Acc) (DPYE.L) and iShares Asia Property Yield UCITS ETF (IASP.L) have volatilities of 4.50% and 4.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DPYE.L	IASP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.50%	4.61%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.68%	8.17%	-0.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	11.77%	+1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.99%	12.06%	+2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.32%	14.80%	+2.52%