IDWP.L vs. ISAC.L

Last updated Jun 5, 2026

IDWP.L (iShares Developed Markets Property Yield UCITS) and ISAC.L (iShares MSCI ACWI UCITS ETF USD (Acc)) are both exchange-traded funds - IDWP.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD, while ISAC.L is a Global Equities fund tracking the MSCI ACWI Index. Both are passively managed. Over the past 10 years, IDWP.L returned 3.24%/yr vs 12.63%/yr for ISAC.L. A 0.62 correlation means they provide meaningful diversification when combined. IDWP.L charges 0.59%/yr vs 0.20%/yr for ISAC.L.

Performance

IDWP.L vs. ISAC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Developed Markets Property Yield UCITS (IDWP.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDWP.L achieves a 6.84% return, which is significantly lower than ISAC.L's 11.54% return. Over the past 10 years, IDWP.L has underperformed ISAC.L with an annualized return of 3.24%, while ISAC.L has yielded a comparatively higher 12.63% 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%

ISAC.L

• 1D: -0.10%
• 1M: 4.26%
• YTD: 11.54%
• 6M: 13.01%
• 1Y: 28.81%
• 3Y*: 21.19%
• 5Y*: 11.38%
• 10Y*: 12.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IDWP.L vs. ISAC.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%
ISAC.L iShares MSCI ACWI UCITS ETF USD (Acc)	11.54%	22.36%	17.81%	22.57%	-18.16%	18.85%	15.66%	25.77%	-9.73%	24.39%

Correlation

The correlation between IDWP.L and ISAC.L is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 7, 2011	0.62

The correlation between IDWP.L and ISAC.L shifts across timeframes, from 0.51 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

IDWP.L vs. ISAC.L - Sectors Allocation Comparison

Sectors	IDWP.L	ISAC.L
Real Estate	100.0%	1.2%
Financial Services	0.1%	17.3%
Consumer Cyclical	0.0%	8.5%
Basic Materials	-	2.9%
Communication Services	-	8.6%
Consumer Defensive	-	4.4%
Energy	-	3.6%
Healthcare	-	7.8%
Industrials	-	9.0%
Technology	-	33.9%
Utilities	-	2.2%

Return for Risk

IDWP.L vs. ISAC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDWP.L

IDWP.L Risk / Return Rank: 25
IDWP.L Sharpe Ratio Rank: 25
IDWP.L Sortino Ratio Rank: 25
IDWP.L Omega Ratio Rank: 24
IDWP.L Calmar Ratio Rank: 24
IDWP.L Martin Ratio Rank: 27

ISAC.L

ISAC.L Risk / Return Rank: 73
ISAC.L Sharpe Ratio Rank: 72
ISAC.L Sortino Ratio Rank: 77
ISAC.L Omega Ratio Rank: 73
ISAC.L Calmar Ratio Rank: 67
ISAC.L Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDWP.L vs. ISAC.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 MSCI ACWI UCITS ETF USD (Acc) (ISAC.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	ISAC.L	Difference
Sharpe ratio: Return per unit of total volatility	0.88	2.31	-1.44
Sortino ratio: Return per unit of downside risk	1.35	3.42	-2.07
Omega ratio: Gain probability vs. loss probability	1.16	1.43	-0.27
Calmar ratio: Return relative to maximum drawdown	1.07	3.27	-2.20
Martin ratio: Return relative to average drawdown	3.64	13.72	-10.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDWP.L vs. ISAC.L - Sharpe Ratio Comparison

The current IDWP.L Sharpe Ratio is 0.88, which is lower than the ISAC.L Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of IDWP.L and ISAC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDWP.L	ISAC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	2.31	-1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.73	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.79	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.75	-0.60

Drawdowns

IDWP.L vs. ISAC.L - Drawdown Comparison

The maximum IDWP.L drawdown since its inception was -70.51%, which is greater than ISAC.L's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for IDWP.L and ISAC.L.

Drawdown Indicators

	IDWP.L	ISAC.L	Difference
Max Drawdown Largest peak-to-trough decline	-70.51%	-33.82%	-36.69%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	-8.77%	-1.01%
Max Drawdown (3Y) Largest decline over 3 years	-18.07%	-16.56%	-1.51%
Max Drawdown (5Y) Largest decline over 5 years	-33.95%	-26.07%	-7.88%
Max Drawdown (10Y) Largest decline over 10 years	-42.82%	-33.82%	-9.00%
Current Drawdown Current decline from peak	-3.98%	-0.72%	-3.26%
Average Drawdown Average peak-to-trough decline	-13.58%	-4.69%	-8.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.10%	+0.79%

Volatility

IDWP.L vs. ISAC.L - Volatility Comparison

The current volatility for iShares Developed Markets Property Yield UCITS (IDWP.L) is 3.63%, while iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) has a volatility of 3.84%. This indicates that IDWP.L experiences smaller price fluctuations and is considered to be less risky than ISAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDWP.L	ISAC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	3.84%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.20%	9.77%	-0.57%
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	12.40%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.24%	15.57%	+0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.23%	15.95%	+1.28%

IDWP.L vs. ISAC.L - Expense Ratio Comparison

IDWP.L has a 0.59% expense ratio, which is higher than ISAC.L's 0.20% expense ratio.

Dividends

IDWP.L vs. ISAC.L - Dividend Comparison

IDWP.L's dividend yield for the trailing twelve months is around 3.01%, while ISAC.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
ISAC.L iShares MSCI ACWI 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

Can I hold both IDWP.L and ISAC.L in my portfolio?

IDWP.L and ISAC.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDWP.L or ISAC.L?

On fees, ISAC.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDWP.L or ISAC.L?

ISAC.L is cheaper with a 0.20% expense ratio, compared with 0.59% for IDWP.L.

What is the main difference between IDWP.L and ISAC.L?

IDWP.L is categorized as REIT, while ISAC.L is Global Equities. IDWP.L tracks FTSE EPRA Nareit Global TR USD, while ISAC.L tracks MSCI ACWI Index. Their fees differ too: 0.59% for IDWP.L and 0.20% for ISAC.L.