HPRO.L vs. IWDP.AS
Compare and contrast key facts about HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L) and iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS).
HPRO.L and IWDP.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HPRO.L is a passively managed fund by HSBC Investment Funds (Luxembourg) S.A. that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Jun 20, 2011. IWDP.AS is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 20, 2006. Both HPRO.L and IWDP.AS 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: HPRO.L or IWDP.AS.
Key characteristics
| HPRO.L | IWDP.AS | |
|---|---|---|
| YTD Return | -4.91% | -1.78% |
| 1Y Return | 0.67% | 5.43% |
| 3Y Return (Ann) | -2.89% | 0.19% |
| 5Y Return (Ann) | -3.13% | 0.16% |
| 10Y Return (Ann) | 2.14% | 5.26% |
| Sharpe Ratio | 0.02 | 0.44 |
| Daily Std Dev | 14.72% | 14.45% |
| Max Drawdown | -36.31% | -68.40% |
| Current Drawdown | -22.31% | -17.74% |
Correlation
The correlation between HPRO.L and IWDP.AS is 0.83, 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
HPRO.L vs. IWDP.AS - Performance Comparison
In the year-to-date period, HPRO.L achieves a -4.91% return, which is significantly lower than IWDP.AS's -1.78% return. Over the past 10 years, HPRO.L has underperformed IWDP.AS with an annualized return of 2.14%, while IWDP.AS has yielded a comparatively higher 5.26% 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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HPRO.L vs. IWDP.AS - Expense Ratio Comparison
HPRO.L has a 0.24% expense ratio, which is lower than IWDP.AS's 0.59% expense ratio.
Risk-Adjusted Performance
HPRO.L vs. IWDP.AS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L) and iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS). 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
HPRO.L vs. IWDP.AS - Dividend Comparison
HPRO.L has not paid dividends to shareholders, while IWDP.AS's dividend yield for the trailing twelve months is around 3.56%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPRO.L HSBC FTSE EPRA/NAREIT Developed UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWDP.AS iShares Developed Markets Property Yield UCITS ETF USD (Dist) | 3.56% | 3.41% | 3.91% | 2.51% | 3.58% | 3.25% | 4.52% | 3.49% | 3.44% | 3.28% | 3.42% | 4.07% |
Drawdowns
HPRO.L vs. IWDP.AS - Drawdown Comparison
The maximum HPRO.L drawdown since its inception was -36.31%, smaller than the maximum IWDP.AS drawdown of -68.40%. Use the drawdown chart below to compare losses from any high point for HPRO.L and IWDP.AS. For additional features, visit the drawdowns tool.
Volatility
HPRO.L vs. IWDP.AS - Volatility Comparison
HSBC FTSE EPRA/NAREIT Developed UCITS ETF (HPRO.L) has a higher volatility of 4.65% compared to iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) at 3.73%. This indicates that HPRO.L's price experiences larger fluctuations and is considered to be riskier than IWDP.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.