IPRP.L vs. IUSP.DE
IPRP.L (iShares European Property Yield UCITS ETF) and IUSP.DE (iShares US Property Yield UCITS ETF) are both exchange-traded funds - IPRP.L is a REIT fund tracking the FTSE EPRA Nareit Developed Europe TR EUR, while IUSP.DE is a Emerging Markets Bonds fund tracking the JPM GBI-EM Global Diversified TR USD. Both are passively managed. Over the past 10 years, IPRP.L returned 1.98%/yr vs 3.78%/yr for IUSP.DE. At a 0.36 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
IPRP.L vs. IUSP.DE - Performance Comparison
Loading charts...
Different Trading Currencies
IPRP.L is traded in GBp, while IUSP.DE is traded in EUR. To make them comparable, the IUSP.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IPRP.L achieves a -0.45% return, which is significantly higher than IUSP.DE's -0.86% return. Over the past 10 years, IPRP.L has underperformed IUSP.DE with an annualized return of 1.98%, while IUSP.DE has yielded a comparatively higher 3.78% annualized return.
IPRP.L
- 1D
- 0.61%
- 1M
- -1.16%
- YTD
- -0.45%
- 6M
- 0.27%
- 1Y
- 1.71%
- 3Y*
- 11.51%
- 5Y*
- -3.55%
- 10Y*
- 1.98%
IUSP.DE
- 1D
- -0.45%
- 1M
- 1.83%
- YTD
- -0.86%
- 6M
- -1.06%
- 1Y
- 8.10%
- 3Y*
- 4.96%
- 5Y*
- 3.12%
- 10Y*
- 3.78%
IPRP.L vs. IUSP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPRP.L iShares European Property Yield UCITS ETF | -0.45% | 14.18% | -4.49% | 16.04% | -33.34% | 2.23% | -3.56% | 18.93% | -4.97% | 19.62% |
IUSP.DE iShares US Property Yield UCITS ETF | -0.86% | 11.99% | 0.22% | 7.32% | 1.69% | -9.28% | -0.85% | 9.53% | -0.38% | 5.07% |
Correlation
The correlation between IPRP.L and IUSP.DE 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 | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2011 | 0.36 |
The correlation between IPRP.L and IUSP.DE shifts across timeframes, from 0.24 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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
IPRP.L vs. IUSP.DE — Risk / Return Rank
IPRP.L
IUSP.DE
IPRP.L vs. IUSP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares European Property Yield UCITS ETF (IPRP.L) and iShares US Property Yield UCITS ETF (IUSP.DE). 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.
| IPRP.L | IUSP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.24 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 1.64 | -1.54 |
| Martin ratioReturn relative to average drawdown | 0.29 | 4.30 | -4.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IPRP.L | IUSP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 1.27 | -1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.38 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.37 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.11 | +0.12 |
Drawdowns
IPRP.L vs. IUSP.DE - Drawdown Comparison
The maximum IPRP.L drawdown since its inception was -59.70%, which is greater than IUSP.DE's maximum drawdown of -34.92%. Use the drawdown chart below to compare losses from any high point for IPRP.L and IUSP.DE.
Loading charts...
Drawdown Indicators
| IPRP.L | IUSP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.70% | -34.92% | -24.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.11% | -4.91% | -11.20% |
Max Drawdown (3Y)Largest decline over 3 years | -16.11% | -4.91% | -11.20% |
Max Drawdown (5Y)Largest decline over 5 years | -48.44% | -11.46% | -36.98% |
Max Drawdown (10Y)Largest decline over 10 years | -48.44% | -19.83% | -28.61% |
Current DrawdownCurrent decline from peak | -22.85% | -2.16% | -20.69% |
Average DrawdownAverage peak-to-trough decline | -14.69% | -10.57% | -4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 1.88% | +4.05% |
Volatility
IPRP.L vs. IUSP.DE - Volatility Comparison
iShares European Property Yield UCITS ETF (IPRP.L) has a higher volatility of 4.48% compared to iShares US Property Yield UCITS ETF (IUSP.DE) at 1.85%. This indicates that IPRP.L's price experiences larger fluctuations and is considered to be riskier than IUSP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IPRP.L | IUSP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 1.85% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 5.42% | +7.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 6.37% | +8.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.51% | 8.07% | +13.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.32% | 10.05% | +9.27% |
IPRP.L vs. IUSP.DE - Expense Ratio Comparison
Both IPRP.L and IUSP.DE have an expense ratio of 0.40%.
Dividends
IPRP.L vs. IUSP.DE - Dividend Comparison
IPRP.L's dividend yield for the trailing twelve months is around 3.34%, less than IUSP.DE's 5.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPRP.L iShares European Property Yield UCITS ETF | 3.34% | 3.32% | 3.30% | 3.05% | 4.90% | 2.47% | 2.96% | 3.46% | 3.70% | 3.20% | 3.07% | 3.60% |
IUSP.DE iShares US Property Yield UCITS ETF | 5.43% | 7.21% | 7.03% | 6.58% | 7.55% | 5.13% | 6.21% | 6.11% | 6.67% | 6.42% | 6.34% | 4.38% |
Frequently Asked Questions
IPRP.L and IUSP.DE 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.
Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IPRP.L and IUSP.DE have the same expense ratio: 0.40% per year.
IPRP.L is categorized as REIT, while IUSP.DE is Emerging Markets Bonds. IPRP.L tracks FTSE EPRA Nareit Developed Europe TR EUR, while IUSP.DE tracks JPM GBI-EM Global Diversified TR USD.
Find the right allocation for IPRP.L and IUSP.DE
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