IQQ7.DE vs. H4ZL.DE
IQQ7.DE (iShares US Property Yield UCITS ETF) and H4ZL.DE (HSBC FTSE EPRA NAREIT Developed UCITS ETF USD) are both REIT funds - IQQ7.DE tracks the FTSE EPRA/NAREIT United States Dividend+ while H4ZL.DE tracks the FTSE EPRA/NAREIT Developed. Both are passively managed. Over the past 10 years, IQQ7.DE returned 4.47%/yr vs 2.35%/yr for H4ZL.DE. Their correlation of 0.90 suggests significant overlap in exposure. IQQ7.DE charges 0.40%/yr vs 0.24%/yr for H4ZL.DE.
Performance
IQQ7.DE vs. H4ZL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQ7.DE achieves a 14.24% return, which is significantly higher than H4ZL.DE's 6.32% return. Over the past 10 years, IQQ7.DE has outperformed H4ZL.DE with an annualized return of 4.47%, while H4ZL.DE has yielded a comparatively lower 2.35% annualized return.
IQQ7.DE
- 1D
- -0.04%
- 1M
- -0.03%
- YTD
- 14.24%
- 6M
- 13.41%
- 1Y
- 12.16%
- 3Y*
- 7.46%
- 5Y*
- 4.46%
- 10Y*
- 4.47%
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%
IQQ7.DE vs. H4ZL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQ7.DE iShares US Property Yield UCITS ETF | 14.24% | -9.38% | 10.73% | 9.18% | -19.53% | 54.15% | -19.20% | 24.58% | -0.68% | -8.23% |
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 IQQ7.DE and H4ZL.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2013 | 0.90 |
The correlation between IQQ7.DE and H4ZL.DE has been stable across timeframes, ranging from 0.90 to 0.94 - 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
IQQ7.DE vs. H4ZL.DE — Risk / Return Rank
IQQ7.DE
H4ZL.DE
IQQ7.DE vs. H4ZL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US Property Yield UCITS ETF (IQQ7.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.
| IQQ7.DE | H4ZL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.11 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 0.84 | +1.12 |
| Martin ratioReturn relative to average drawdown | 4.13 | 2.48 | +1.65 |
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
| IQQ7.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.59 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.02 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.14 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.29 | -0.08 |
Drawdowns
IQQ7.DE vs. H4ZL.DE - Drawdown Comparison
The maximum IQQ7.DE drawdown since its inception was -68.97%, 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 IQQ7.DE and H4ZL.DE.
Loading charts...
Drawdown Indicators
| IQQ7.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.97% | -41.97% | -27.00% |
Max Drawdown (1Y)Largest decline over 1 year | -6.13% | -7.82% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -24.01% | -20.68% | -3.33% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | -30.45% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -45.21% | -41.97% | -3.24% |
Current DrawdownCurrent decline from peak | -5.01% | -13.81% | +8.80% |
Average DrawdownAverage peak-to-trough decline | -14.82% | -10.80% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 2.67% | +0.25% |
Volatility
IQQ7.DE vs. H4ZL.DE - Volatility Comparison
iShares US Property Yield UCITS ETF (IQQ7.DE) has a higher volatility of 3.27% compared to HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (H4ZL.DE) at 2.88%. This indicates that IQQ7.DE's price experiences larger fluctuations and is considered to be riskier than H4ZL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQ7.DE | H4ZL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 2.88% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 8.99% | 8.34% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.78% | 11.21% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 14.69% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.09% | 16.27% | +3.82% |
IQQ7.DE vs. H4ZL.DE - Expense Ratio Comparison
IQQ7.DE has a 0.40% expense ratio, which is higher than H4ZL.DE's 0.24% expense ratio.
Dividends
IQQ7.DE vs. H4ZL.DE - Dividend Comparison
IQQ7.DE's dividend yield for the trailing twelve months is around 2.98%, 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% |
IQQ7.DE iShares US Property Yield UCITS ETF | 2.98% | 3.36% | 2.99% | 3.21% | 3.87% | 2.04% | 3.54% | 3.11% | 4.53% | 3.38% | 3.34% | 2.94% |
Frequently Asked Questions
With a correlation of 0.91, IQQ7.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 0.40% for IQQ7.DE.
IQQ7.DE tracks FTSE EPRA/NAREIT United States Dividend+, while H4ZL.DE tracks FTSE EPRA/NAREIT Developed. They also come from different issuers: iShares and HSBC. Their fees differ too: 0.40% for IQQ7.DE and 0.24% for H4ZL.DE.
Find the right allocation for IQQ7.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