GBRE.L vs. IITU.L

Last updated Apr 3, 2026

Compare and contrast key facts about SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L).

GBRE.L and IITU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBRE.L is a passively managed fund by State Street that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 23, 2012. IITU.L is a passively managed fund by iShares that tracks the performance of the S&P 500 Capped 35/20 Information Technology Index. It was launched on Nov 20, 2015. Both GBRE.L and IITU.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

GBRE.L vs. IITU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L). The values are adjusted to include any dividend payments, if applicable.

GBRE.L vs. IITU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF	3.46%	1.33%	0.96%	5.25%	-16.29%	32.07%	-13.82%	16.79%	-0.14%	0.04%
IITU.L iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)	-7.22%	14.44%	40.85%	50.70%	-20.63%	35.67%	38.34%	44.21%	4.28%	25.57%

Different Trading Currencies

GBRE.L is traded in GBP, while IITU.L is traded in GBp. To make them comparable, the IITU.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, GBRE.L achieves a 3.46% return, which is significantly higher than IITU.L's -7.22% return. Over the past 10 years, GBRE.L has underperformed IITU.L with an annualized return of 3.47%, while IITU.L has yielded a comparatively higher 23.42% annualized return.

GBRE.L

• 1D: -23.91%
• 1M: -3.85%
• YTD: 3.46%
• 6M: 3.88%
• 1Y: 5.05%
• 3Y*: 4.19%
• 5Y*: 2.98%
• 10Y*: 3.47%

IITU.L

• 1D: 0.41%
• 1M: -1.39%
• YTD: -7.22%
• 6M: -6.35%
• 1Y: 25.76%
• 3Y*: 23.98%
• 5Y*: 18.81%
• 10Y*: 23.42%

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

GBRE.L vs. IITU.L - Expense Ratio Comparison

GBRE.L has a 0.40% expense ratio, which is higher than IITU.L's 0.15% expense ratio.

GBRE.L

SPDR® Dow Jones Global Real Estate UCITS ETF

IITU.L

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc)

Return for Risk

GBRE.L vs. IITU.L — Risk / Return Rank

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

GBRE.L

GBRE.L Risk / Return Rank: 22
GBRE.L Sharpe Ratio Rank: 14
GBRE.L Sortino Ratio Rank: 18
GBRE.L Omega Ratio Rank: 32
GBRE.L Calmar Ratio Rank: 17
GBRE.L Martin Ratio Rank: 28

IITU.L

IITU.L Risk / Return Rank: 58
IITU.L Sharpe Ratio Rank: 57
IITU.L Sortino Ratio Rank: 59
IITU.L Omega Ratio Rank: 53
IITU.L Calmar Ratio Rank: 70
IITU.L Martin Ratio Rank: 49

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.

GBRE.L vs. IITU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) and iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.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.

	GBRE.L	IITU.L	Difference
Sharpe ratio Return per unit of total volatility	0.11	1.09	-0.98
Sortino ratio Return per unit of downside risk	0.54	1.62	-1.08
Omega ratio Gain probability vs. loss probability	1.14	1.21	-0.07
Calmar ratio Return relative to maximum drawdown	0.33	2.11	-1.79
Martin ratio Return relative to average drawdown	2.75	5.61	-2.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GBRE.L vs. IITU.L - Sharpe Ratio Comparison

The current GBRE.L Sharpe Ratio is 0.11, which is lower than the IITU.L Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of GBRE.L and IITU.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

	GBRE.L	IITU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	1.09	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.86	-0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	1.10	-0.93
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	1.09	-0.80

Correlation

The correlation between GBRE.L and IITU.L is 0.43, 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

GBRE.L vs. IITU.L - Dividend Comparison

GBRE.L's dividend yield for the trailing twelve months is around 0.77%, while IITU.L has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF	0.77%	1.45%	2.73%	2.66%	2.84%	1.79%	2.76%	3.25%	4.30%	3.99%	2.40%	2.09%
IITU.L iShares S&P 500 Information Technology Sector 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%

Drawdowns

GBRE.L vs. IITU.L - Drawdown Comparison

The maximum GBRE.L drawdown since its inception was -35.15%, which is greater than IITU.L's maximum drawdown of -28.03%. Use the drawdown chart below to compare losses from any high point for GBRE.L and IITU.L.

Drawdown Indicators

	GBRE.L	IITU.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.15%	-28.03%	-7.12%
Max Drawdown (1Y) Largest decline over 1 year	-23.91%	-16.76%	-7.15%
Max Drawdown (5Y) Largest decline over 5 years	-27.39%	-28.03%	+0.64%
Max Drawdown (10Y) Largest decline over 10 years	-35.15%	-28.03%	-7.12%
Current Drawdown Current decline from peak	-23.91%	-13.39%	-10.52%
Average Drawdown Average peak-to-trough decline	-10.02%	-5.17%	-4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	6.30%	-3.46%

Volatility

GBRE.L vs. IITU.L - Volatility Comparison

SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) has a higher volatility of 41.41% compared to iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) at 5.06%. This indicates that GBRE.L's price experiences larger fluctuations and is considered to be riskier than IITU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GBRE.L	IITU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.41%	5.06%	+36.35%
Volatility (6M) Calculated over the trailing 6-month period	41.19%	14.92%	+26.27%
Volatility (1Y) Calculated over the trailing 1-year period	43.88%	23.48%	+20.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.58%	21.81%	+1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.75%	21.22%	-0.47%