GBRE.L vs. IUSP.L
Compare and contrast key facts about SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) and iShares US Property Yield UCITS ETF (IUSP.L).
GBRE.L and IUSP.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. IUSP.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit United States TR USD. It was launched on Nov 3, 2006. Both GBRE.L and IUSP.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBRE.L or IUSP.L.
Key characteristics
| GBRE.L | IUSP.L | |
|---|---|---|
| YTD Return | -5.43% | -4.17% |
| 1Y Return | 0.45% | 6.40% |
| 3Y Return (Ann) | -2.78% | 3.37% |
| 5Y Return (Ann) | -2.43% | 3.24% |
| 10Y Return (Ann) | 2.79% | 8.32% |
| Sharpe Ratio | 0.02 | 0.30 |
| Daily Std Dev | 15.10% | 16.91% |
| Max Drawdown | -36.07% | -62.82% |
| Current Drawdown | -22.07% | -14.86% |
Correlation
The correlation between GBRE.L and IUSP.L is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GBRE.L vs. IUSP.L - Performance Comparison
In the year-to-date period, GBRE.L achieves a -5.43% return, which is significantly lower than IUSP.L's -4.17% return. Over the past 10 years, GBRE.L has underperformed IUSP.L with an annualized return of 2.79%, while IUSP.L has yielded a comparatively higher 8.32% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GBRE.L vs. IUSP.L - Expense Ratio Comparison
Both GBRE.L and IUSP.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
GBRE.L vs. IUSP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) and iShares US Property Yield UCITS ETF (IUSP.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.
Dividends
GBRE.L vs. IUSP.L - Dividend Comparison
GBRE.L's dividend yield for the trailing twelve months is around 0.03%, less than IUSP.L's 0.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF | 0.03% | 0.03% | 0.03% | 0.02% | 0.03% | 0.03% | 0.05% | 0.03% | 0.02% | 0.02% | 0.02% | 0.03% |
IUSP.L iShares US Property Yield UCITS ETF | 0.04% | 0.04% | 0.05% | 0.03% | 0.04% | 0.04% | 0.06% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% |
Drawdowns
GBRE.L vs. IUSP.L - Drawdown Comparison
The maximum GBRE.L drawdown since its inception was -36.07%, smaller than the maximum IUSP.L drawdown of -62.82%. Use the drawdown chart below to compare losses from any high point for GBRE.L and IUSP.L. For additional features, visit the drawdowns tool.
Volatility
GBRE.L vs. IUSP.L - Volatility Comparison
The current volatility for SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) is 4.78%, while iShares US Property Yield UCITS ETF (IUSP.L) has a volatility of 5.41%. This indicates that GBRE.L experiences smaller price fluctuations and is considered to be less risky than IUSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.