IDWP.L vs. IBGS.L
IDWP.L (iShares Developed Markets Property Yield UCITS) and IBGS.L (iShares Euro Government Bond 1-3yr UCITS ETF (Dist)) are both exchange-traded funds - IDWP.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD, while IBGS.L is a European Government Bonds fund tracking the Bloomberg Euro Agg Govt 1-3 Yr TR EUR. Both are passively managed. Over the past 10 years, IDWP.L returned 3.24%/yr vs 0.60%/yr for IBGS.L. At a 0.17 correlation, their price movements are largely independent. IDWP.L charges 0.59%/yr vs 0.15%/yr for IBGS.L.
Performance
IDWP.L vs. IBGS.L - Performance Comparison
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Different Trading Currencies
IDWP.L is traded in USD, while IBGS.L is traded in GBP. To make them comparable, the IBGS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDWP.L achieves a 6.84% return, which is significantly higher than IBGS.L's -1.07% return. Over the past 10 years, IDWP.L has outperformed IBGS.L with an annualized return of 3.24%, while IBGS.L has yielded a comparatively lower 0.60% annualized return.
IDWP.L
- 1D
- 0.28%
- 1M
- -1.02%
- YTD
- 6.84%
- 6M
- 7.80%
- 1Y
- 10.53%
- 3Y*
- 8.57%
- 5Y*
- 0.73%
- 10Y*
- 3.24%
IBGS.L
- 1D
- 0.24%
- 1M
- -0.34%
- YTD
- -1.07%
- 6M
- 0.07%
- 1Y
- 2.71%
- 3Y*
- 5.46%
- 5Y*
- -0.10%
- 10Y*
- 0.60%
IDWP.L vs. IBGS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDWP.L iShares Developed Markets Property Yield UCITS | 6.84% | 9.19% | 0.18% | 9.37% | -24.02% | 25.37% | -9.53% | 21.22% | -5.44% | 11.19% |
IBGS.L iShares Euro Government Bond 1-3yr UCITS ETF (Dist) | -1.07% | 15.89% | -3.31% | 6.85% | -9.80% | -8.09% | 8.62% | -0.99% | -5.06% | 13.39% |
Correlation
The correlation between IDWP.L and IBGS.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007 | 0.17 |
The correlation between IDWP.L and IBGS.L shifts across timeframes, from 0.17 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IDWP.L vs. IBGS.L — Risk / Return Rank
IDWP.L
IBGS.L
IDWP.L vs. IBGS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS (IDWP.L) and iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.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.
| IDWP.L | IBGS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.07 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 0.49 | +0.58 |
| Martin ratioReturn relative to average drawdown | 3.64 | 1.24 | +2.40 |
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
| IDWP.L | IBGS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.40 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.01 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.07 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.21 | -0.06 |
Drawdowns
IDWP.L vs. IBGS.L - Drawdown Comparison
The maximum IDWP.L drawdown since its inception was -70.51%, which is greater than IBGS.L's maximum drawdown of -33.87%. Use the drawdown chart below to compare losses from any high point for IDWP.L and IBGS.L.
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Drawdown Indicators
| IDWP.L | IBGS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.51% | -33.87% | -36.64% |
Max Drawdown (1Y)Largest decline over 1 year | -9.78% | -5.52% | -4.26% |
Max Drawdown (3Y)Largest decline over 3 years | -18.07% | -8.16% | -9.91% |
Max Drawdown (5Y)Largest decline over 5 years | -33.95% | -25.51% | -8.44% |
Max Drawdown (10Y)Largest decline over 10 years | -42.82% | -27.88% | -14.94% |
Current DrawdownCurrent decline from peak | -3.98% | -11.97% | +7.99% |
Average DrawdownAverage peak-to-trough decline | -13.58% | -13.65% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.18% | +0.71% |
Volatility
IDWP.L vs. IBGS.L - Volatility Comparison
iShares Developed Markets Property Yield UCITS (IDWP.L) has a higher volatility of 3.63% compared to iShares Euro Government Bond 1-3yr UCITS ETF (Dist) (IBGS.L) at 1.83%. This indicates that IDWP.L's price experiences larger fluctuations and is considered to be riskier than IBGS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDWP.L | IBGS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 1.83% | +1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 9.20% | 4.96% | +4.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.98% | 6.81% | +5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 8.17% | +8.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 8.03% | +9.20% |
IDWP.L vs. IBGS.L - Expense Ratio Comparison
IDWP.L has a 0.59% expense ratio, which is higher than IBGS.L's 0.15% expense ratio.
Dividends
IDWP.L vs. IBGS.L - Dividend Comparison
IDWP.L's dividend yield for the trailing twelve months is around 3.01%, more than IBGS.L's 2.17% 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) | 2.17% | 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 | 3.01% | 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
IDWP.L and IBGS.L have a correlation of 0.32, 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.
IDWP.L is categorized as REIT, while IBGS.L is European Government Bonds. IDWP.L tracks FTSE EPRA Nareit Global TR USD, while IBGS.L tracks Bloomberg Euro Agg Govt 1-3 Yr TR EUR. Their fees differ too: 0.59% for IDWP.L and 0.15% for IBGS.L.
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