IDUP.L vs. TRE.L
IDUP.L (iShares US Property Yield UCITS ETF USD (Dist)) and TRE.L (First Trust Alerian Disruptive Technology Real Estate UCITS ETF USD (Acc)) are both REIT funds - IDUP.L tracks the FTSE EPRA Nareit US Dividend+ Net of Tax Index (USD) while TRE.L tracks the Alerian Disruptive Technology Real Estate Index. Both are passively managed. Over the past 3 years, IDUP.L returned 10.24%/yr vs 2.81%/yr for TRE.L. Their correlation of 0.86 suggests significant overlap in exposure. IDUP.L charges 0.40%/yr vs 0.60%/yr for TRE.L.
Performance
IDUP.L vs. TRE.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDUP.L achieves a 18.50% return, which is significantly higher than TRE.L's 7.87% return.
IDUP.L
- 1D
- 2.12%
- 1M
- 2.15%
- 6M
- 14.81%
- YTD
- 18.50%
- 1Y
- 20.99%
- 3Y*
- 10.24%
- 5Y*
- 3.67%
- 10Y*
- 4.33%
TRE.L
- 1D
- 0.55%
- 1M
- -0.18%
- 6M
- 5.45%
- YTD
- 7.87%
- 1Y
- 10.41%
- 3Y*
- 2.81%
- 5Y*
- —
- 10Y*
- —
IDUP.L vs. TRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IDUP.L iShares US Property Yield UCITS ETF USD (Dist) | 18.50% | 2.23% | 4.73% | 13.04% | -22.75% |
TRE.L First Trust Alerian Disruptive Technology Real Estate UCITS ETF USD (Acc) | 7.87% | 7.74% | -10.98% | 13.15% | -25.64% |
Correlation
The correlation between IDUP.L and TRE.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2022 | 0.86 |
The correlation between IDUP.L and TRE.L has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDUP.L vs. TRE.L — Risk / Return Rank
IDUP.L
TRE.L
IDUP.L vs. TRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US Property Yield UCITS ETF USD (Dist) (IDUP.L) and First Trust Alerian Disruptive Technology Real Estate UCITS ETF USD (Acc) (TRE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IDUP.L | TRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.14 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 1.21 | +1.61 |
| Martin ratioReturn relative to average drawdown | 7.75 | 3.74 | +4.01 |
Loading charts...
Drawdowns
IDUP.L vs. TRE.L - Drawdown Comparison
The maximum IDUP.L drawdown since its inception was -75.24%, which is greater than TRE.L's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for IDUP.L and TRE.L.
Loading charts...
Drawdown Indicators
| IDUP.L | TRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.24% | -35.43% | -39.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -9.41% | +2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -20.33% | -21.15% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.62% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -14.28% | +14.28% |
Average DrawdownAverage peak-to-trough decline | -15.31% | -21.59% | +6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 3.05% | -0.35% |
Volatility
IDUP.L vs. TRE.L - Volatility Comparison
The current volatility for iShares US Property Yield UCITS ETF USD (Dist) (IDUP.L) is 4.42%, while First Trust Alerian Disruptive Technology Real Estate UCITS ETF USD (Acc) (TRE.L) has a volatility of 4.97%. This indicates that IDUP.L experiences smaller price fluctuations and is considered to be less risky than TRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDUP.L | TRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 4.97% | -0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 11.13% | -1.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.12% | 13.98% | -0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.40% | 18.60% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.36% | 18.60% | +1.76% |
IDUP.L vs. TRE.L - Expense Ratio Comparison
IDUP.L has a 0.40% expense ratio, which is lower than TRE.L's 0.60% expense ratio.
Dividends
IDUP.L vs. TRE.L - Dividend Comparison
IDUP.L's dividend yield for the trailing twelve months is around 2.84%, while TRE.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDUP.L iShares US Property Yield UCITS ETF USD (Dist) | 2.84% | 3.20% | 3.09% | 3.13% | 3.84% | 2.13% | 3.22% | 3.10% | 4.60% | 3.17% | 3.55% | 2.98% |
TRE.L First Trust Alerian Disruptive Technology Real Estate 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% |
Frequently Asked Questions
IDUP.L and TRE.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDUP.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDUP.L is cheaper with a 0.40% expense ratio, compared with 0.60% for TRE.L.
IDUP.L tracks FTSE EPRA Nareit US Dividend+ Net of Tax Index (USD), while TRE.L tracks Alerian Disruptive Technology Real Estate Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.40% for IDUP.L and 0.60% for TRE.L.
Find the right allocation for IDUP.L and TRE.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer