IQQ6.DE vs. H4ZL.DE
IQQ6.DE (iShares Developed Markets Property Yield UCITS ETF) and H4ZL.DE (HSBC FTSE EPRA NAREIT Developed UCITS ETF USD) are both REIT funds - IQQ6.DE tracks the FTSE EPRA/NAREIT Developed Dividend+ while H4ZL.DE tracks the FTSE EPRA/NAREIT Developed. Both are passively managed. Over the past 10 years, IQQ6.DE returned 3.38%/yr vs 2.35%/yr for H4ZL.DE. With a 0.96 correlation, they move nearly in lockstep. IQQ6.DE charges 0.59%/yr vs 0.24%/yr for H4ZL.DE.
Performance
IQQ6.DE vs. H4ZL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQ6.DE achieves a 8.43% return, which is significantly higher than H4ZL.DE's 6.32% return. Over the past 10 years, IQQ6.DE has outperformed H4ZL.DE with an annualized return of 3.38%, while H4ZL.DE has yielded a comparatively lower 2.35% annualized return.
IQQ6.DE
- 1D
- 0.18%
- 1M
- -1.64%
- YTD
- 8.43%
- 6M
- 8.59%
- 1Y
- 9.26%
- 3Y*
- 6.05%
- 5Y*
- 1.95%
- 10Y*
- 3.38%
H4ZL.DE
- 1D
- -0.02%
- 1M
- -2.45%
- YTD
- 6.32%
- 6M
- 5.97%
- 1Y
- 6.50%
- 3Y*
- 3.13%
- 5Y*
- 0.30%
- 10Y*
- 2.35%
IQQ6.DE vs. H4ZL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQ6.DE iShares Developed Markets Property Yield UCITS ETF | 8.43% | -2.51% | 5.91% | 6.19% | -19.35% | 36.59% | -17.05% | 24.57% | -0.76% | -1.81% |
H4ZL.DE HSBC FTSE EPRA NAREIT Developed UCITS ETF USD | 6.32% | -4.65% | 2.27% | 6.12% | -20.22% | 36.90% | -16.99% | 23.91% | -0.81% | -2.27% |
Correlation
The correlation between IQQ6.DE and H4ZL.DE is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2013 | 0.96 |
The correlation between IQQ6.DE and H4ZL.DE has been stable across timeframes, ranging from 0.95 to 0.98 - 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
IQQ6.DE vs. H4ZL.DE — Risk / Return Rank
IQQ6.DE
H4ZL.DE
IQQ6.DE vs. H4ZL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS ETF (IQQ6.DE) and HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (H4ZL.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.
| IQQ6.DE | H4ZL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.11 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 0.84 | +0.36 |
| Martin ratioReturn relative to average drawdown | 3.63 | 2.48 | +1.15 |
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
| IQQ6.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.59 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.02 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.14 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.29 | -0.07 |
Drawdowns
IQQ6.DE vs. H4ZL.DE - Drawdown Comparison
The maximum IQQ6.DE drawdown since its inception was -66.50%, which is greater than H4ZL.DE's maximum drawdown of -41.97%. Use the drawdown chart below to compare losses from any high point for IQQ6.DE and H4ZL.DE.
Loading charts...
Drawdown Indicators
| IQQ6.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.50% | -41.97% | -24.53% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -7.82% | +0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -19.92% | -20.68% | +0.76% |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | -30.45% | +0.83% |
Max Drawdown (10Y)Largest decline over 10 years | -41.83% | -41.97% | +0.14% |
Current DrawdownCurrent decline from peak | -5.68% | -13.81% | +8.13% |
Average DrawdownAverage peak-to-trough decline | -14.00% | -10.80% | -3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 2.67% | -0.13% |
Volatility
IQQ6.DE vs. H4ZL.DE - Volatility Comparison
iShares Developed Markets Property Yield UCITS ETF (IQQ6.DE) and HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (H4ZL.DE) have volatilities of 2.78% and 2.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQ6.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.88% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 8.34% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.05% | 11.21% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 14.69% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.36% | 16.27% | +0.09% |
IQQ6.DE vs. H4ZL.DE - Expense Ratio Comparison
IQQ6.DE has a 0.59% expense ratio, which is higher than H4ZL.DE's 0.24% expense ratio.
Dividends
IQQ6.DE vs. H4ZL.DE - Dividend Comparison
IQQ6.DE's dividend yield for the trailing twelve months is around 3.51%, while H4ZL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H4ZL.DE HSBC FTSE EPRA NAREIT Developed UCITS ETF USD | 0.00% | 0.00% | 0.00% | 2.63% | 3.62% | 2.19% | 3.13% | 2.95% | 3.29% | 3.08% | 2.96% | 2.67% |
IQQ6.DE iShares Developed Markets Property Yield UCITS ETF | 3.51% | 3.61% | 3.37% | 3.39% | 3.91% | 2.51% | 3.58% | 3.24% | 4.53% | 3.49% | 3.45% | 3.27% |
Frequently Asked Questions
With a correlation of 0.95, IQQ6.DE and H4ZL.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, H4ZL.DE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZL.DE is cheaper with a 0.24% expense ratio, compared with 0.59% for IQQ6.DE.
IQQ6.DE tracks FTSE EPRA/NAREIT Developed Dividend+, while H4ZL.DE tracks FTSE EPRA/NAREIT Developed. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.59% for IQQ6.DE and 0.24% for H4ZL.DE.
Find the right allocation for IQQ6.DE and H4ZL.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