IDWP.L vs. IUSP.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Developed Markets Property Yield UCITS (IDWP.L) and iShares US Property Yield UCITS ETF (IUSP.L).

IDWP.L and IUSP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDWP.L 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. IUSP.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit United States TR USD. It was launched on Nov 3, 2006. Both IDWP.L and IUSP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IDWP.L vs. IUSP.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 US Property Yield UCITS ETF (IUSP.L). The values are adjusted to include any dividend payments, if applicable.

IDWP.L vs. IUSP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDWP.L iShares Developed Markets Property Yield UCITS	1.73%	9.19%	0.18%	9.37%	-24.02%	25.37%	-9.53%	21.22%	-5.44%	11.19%
IUSP.L iShares US Property Yield UCITS ETF	4.14%	3.32%	5.71%	13.37%	-23.66%	43.58%	-10.63%	23.38%	-3.47%	5.05%

Different Trading Currencies

IDWP.L is traded in USD, while IUSP.L is traded in GBp. To make them comparable, the IUSP.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 1.73% return, which is significantly lower than IUSP.L's 4.14% return. Over the past 10 years, IDWP.L has underperformed IUSP.L with an annualized return of 2.89%, while IUSP.L has yielded a comparatively higher 4.82% annualized return.

IDWP.L

• 1D: 1.75%
• 1M: -6.51%
• YTD: 1.73%
• 6M: 0.75%
• 1Y: 8.17%
• 3Y*: 6.84%
• 5Y*: 1.56%
• 10Y*: 2.89%

IUSP.L

• 1D: 0.64%
• 1M: -5.64%
• YTD: 4.14%
• 6M: 2.22%
• 1Y: 5.56%
• 3Y*: 8.85%
• 5Y*: 4.80%
• 10Y*: 4.82%

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

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

IDWP.L has a 0.59% expense ratio, which is higher than IUSP.L's 0.40% expense ratio.

IDWP.L

iShares Developed Markets Property Yield UCITS

IUSP.L

iShares US Property Yield UCITS ETF

Return for Risk

IDWP.L vs. IUSP.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: 28
IDWP.L Sharpe Ratio Rank: 27
IDWP.L Sortino Ratio Rank: 27
IDWP.L Omega Ratio Rank: 27
IDWP.L Calmar Ratio Rank: 28
IDWP.L Martin Ratio Rank: 29

IUSP.L

IUSP.L Risk / Return Rank: 16
IUSP.L Sharpe Ratio Rank: 15
IUSP.L Sortino Ratio Rank: 14
IUSP.L Omega Ratio Rank: 14
IUSP.L Calmar Ratio Rank: 17
IUSP.L Martin Ratio Rank: 17

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. IUSP.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 US Property Yield UCITS ETF (IUSP.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	IUSP.L	Difference
Sharpe ratio Return per unit of total volatility	0.56	0.33	+0.22
Sortino ratio Return per unit of downside risk	0.84	0.56	+0.29
Omega ratio Gain probability vs. loss probability	1.12	1.08	+0.04
Calmar ratio Return relative to maximum drawdown	0.74	0.44	+0.30
Martin ratio Return relative to average drawdown	2.71	1.62	+1.09
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. IUSP.L - Sharpe Ratio Comparison

The current IDWP.L Sharpe Ratio is 0.56, which is higher than the IUSP.L Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of IDWP.L and IUSP.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IDWP.L	IUSP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	0.33	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.26	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.24	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.22	-0.09

Correlation

The correlation between IDWP.L and IUSP.L is 0.76, 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.

Dividends

IDWP.L vs. IUSP.L - Dividend Comparison

IDWP.L's dividend yield for the trailing twelve months is around 3.07%, less than IUSP.L's 4.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDWP.L iShares Developed Markets Property Yield UCITS	3.07%	3.07%	3.22%	3.07%	3.66%	2.22%	2.91%	2.89%	3.94%	2.91%	3.27%	2.99%
IUSP.L iShares US Property Yield UCITS ETF	4.21%	4.31%	3.87%	4.00%	4.62%	2.87%	4.40%	4.08%	5.87%	4.28%	4.37%	4.41%

Drawdowns

IDWP.L vs. IUSP.L - Drawdown Comparison

The maximum IDWP.L drawdown since its inception was -69.61%, roughly equal to the maximum IUSP.L drawdown of -71.21%. Use the drawdown chart below to compare losses from any high point for IDWP.L and IUSP.L.

Drawdown Indicators

	IDWP.L	IUSP.L	Difference
Max Drawdown Largest peak-to-trough decline	-69.61%	-62.47%	-7.14%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-12.56%	+0.94%
Max Drawdown (5Y) Largest decline over 5 years	-33.95%	-26.86%	-7.09%
Max Drawdown (10Y) Largest decline over 10 years	-42.82%	-38.97%	-3.85%
Current Drawdown Current decline from peak	-8.57%	-7.00%	-1.57%
Average Drawdown Average peak-to-trough decline	-13.27%	-11.21%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.12%	-0.24%

Volatility

IDWP.L vs. IUSP.L - Volatility Comparison

iShares Developed Markets Property Yield UCITS (IDWP.L) has a higher volatility of 4.91% compared to iShares US Property Yield UCITS ETF (IUSP.L) at 4.39%. This indicates that IDWP.L's price experiences larger fluctuations and is considered to be riskier than IUSP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDWP.L	IUSP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	4.39%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	8.40%	8.80%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.67%	16.56%	-1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	18.18%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	20.35%	-3.16%