IBGS.L vs. IDWP.L
IBGS.L (iShares Euro Government Bond 1-3yr UCITS ETF (Dist)) and IDWP.L (iShares Developed Markets Property Yield UCITS) are both exchange-traded funds - IBGS.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt 1-3 Yr TR EUR, while IDWP.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 10 years, IBGS.L returned 1.38%/yr vs 4.00%/yr for IDWP.L. At a 0.12 correlation, their price movements are largely independent. IBGS.L charges 0.15%/yr vs 0.59%/yr for IDWP.L.
Performance
IBGS.L vs. IDWP.L - Performance Comparison
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Different Trading Currencies
IBGS.L is traded in GBP, while IDWP.L is traded in USD. To make them comparable, the IDWP.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, IBGS.L achieves a -1.02% return, which is significantly lower than IDWP.L's 6.94% return. Over the past 10 years, IBGS.L has underperformed IDWP.L with an annualized return of 1.38%, while IDWP.L has yielded a comparatively higher 4.00% annualized return.
IBGS.L
- 1D
- -0.07%
- 1M
- 0.24%
- YTD
- -1.02%
- 6M
- -0.96%
- 1Y
- 3.54%
- 3Y*
- 2.79%
- 5Y*
- 0.92%
- 10Y*
- 1.38%
IDWP.L
- 1D
- 0.42%
- 1M
- -0.80%
- YTD
- 6.94%
- 6M
- 6.90%
- 1Y
- 11.42%
- 3Y*
- 5.69%
- 5Y*
- 1.76%
- 10Y*
- 4.00%
IBGS.L vs. IDWP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBGS.L iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | -1.02% | 7.76% | -1.67% | 1.50% | 1.00% | -7.25% | 5.39% | -4.81% | 0.64% | 3.54% |
IDWP.L iShares Developed Markets Property Yield UCITS | 6.94% | 1.42% | 1.93% | 3.91% | -14.98% | 26.55% | -12.19% | 16.61% | 0.17% | 1.58% |
Correlation
The correlation between IBGS.L and IDWP.L is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2007 | 0.12 |
The correlation between IBGS.L and IDWP.L shifts across timeframes, from 0.10 (5 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBGS.L vs. IDWP.L — Risk / Return Rank
IBGS.L
IDWP.L
IBGS.L vs. IDWP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.L) and iShares Developed Markets Property Yield UCITS (IDWP.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.
| IBGS.L | IDWP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.37 | -0.02 |
| Martin ratioReturn relative to average drawdown | 3.05 | 4.21 | -1.16 |
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
| IBGS.L | IDWP.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.94 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.12 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.24 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.25 | 0.00 |
Drawdowns
IBGS.L vs. IDWP.L - Drawdown Comparison
The maximum IBGS.L drawdown since its inception was -16.59%, smaller than the maximum IDWP.L drawdown of -56.36%. Use the drawdown chart below to compare losses from any high point for IBGS.L and IDWP.L.
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Drawdown Indicators
| IBGS.L | IDWP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.59% | -56.36% | +39.77% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -8.28% | +5.68% |
Max Drawdown (3Y)Largest decline over 3 years | -3.06% | -17.16% | +14.10% |
Max Drawdown (5Y)Largest decline over 5 years | -5.95% | -26.73% | +20.78% |
Max Drawdown (10Y)Largest decline over 10 years | -13.11% | -35.93% | +22.82% |
Current DrawdownCurrent decline from peak | -3.95% | -3.72% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -5.92% | -9.84% | +3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 2.71% | -1.55% |
Volatility
IBGS.L vs. IDWP.L - Volatility Comparison
The current volatility for iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.L) is 1.20%, while iShares Developed Markets Property Yield UCITS (IDWP.L) has a volatility of 3.40%. This indicates that IBGS.L experiences smaller price fluctuations and is considered to be less risky than IDWP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGS.L | IDWP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 3.40% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.81% | 9.59% | -6.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.16% | 12.04% | -7.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.34% | 14.97% | -9.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.09% | 16.56% | -9.47% |
IBGS.L vs. IDWP.L - Expense Ratio Comparison
IBGS.L has a 0.15% expense ratio, which is lower than IDWP.L's 0.59% expense ratio.
Dividends
IBGS.L vs. IDWP.L - Dividend Comparison
IBGS.L's dividend yield for the trailing twelve months is around 2.18%, less than IDWP.L's 3.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBGS.L iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | 2.18% | 2.39% | 2.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.28% |
IDWP.L iShares Developed Markets Property Yield UCITS | 3.02% | 3.07% | 3.22% | 3.07% | 3.66% | 2.22% | 2.91% | 2.89% | 3.94% | 2.91% | 3.27% | 3.01% |
Frequently Asked Questions
IBGS.L and IDWP.L have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBGS.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBGS.L is cheaper with a 0.15% expense ratio, compared with 0.59% for IDWP.L.
IBGS.L is categorized as European Government Bonds, while IDWP.L is REIT. IBGS.L tracks Bloomberg Euro Agg Govt 1-3 Yr TR EUR, while IDWP.L tracks FTSE EPRA Nareit Global TR USD. Their fees differ too: 0.15% for IBGS.L and 0.59% for IDWP.L.
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