ISAC.L vs. DPYA.L

Last updated Jun 5, 2026

ISAC.L (iShares MSCI ACWI UCITS ETF USD (Acc)) and DPYA.L (iShares Developed Markets Property Yield UCITS ETF USD (Acc)) are both exchange-traded funds - ISAC.L is a Global Equities fund tracking the MSCI ACWI Index, while DPYA.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 5 years, ISAC.L returned 11.38%/yr vs 0.70%/yr for DPYA.L. A 0.65 correlation means they provide meaningful diversification when combined. ISAC.L charges 0.20%/yr vs 0.59%/yr for DPYA.L.

Performance

ISAC.L vs. DPYA.L - Performance Comparison

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

Returns By Period

In the year-to-date period, ISAC.L achieves a 11.54% return, which is significantly higher than DPYA.L's 6.77% return.

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%

DPYA.L

• 1D: 0.28%
• 1M: -1.15%
• YTD: 6.77%
• 6M: 7.84%
• 1Y: 10.62%
• 3Y*: 8.60%
• 5Y*: 0.70%
• 10Y*: —

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

ISAC.L vs. DPYA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
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%	-11.39%
DPYA.L iShares Developed Markets Property Yield UCITS ETF USD (Acc)	6.77%	9.25%	-0.10%	9.70%	-24.03%	25.35%	-9.35%	21.05%	-4.06%

Correlation

The correlation between ISAC.L and DPYA.L is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.65

The correlation between ISAC.L and DPYA.L shifts across timeframes, from 0.53 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

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

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

Return for Risk

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

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

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

DPYA.L

DPYA.L Risk / Return Rank: 25
DPYA.L Sharpe Ratio Rank: 25
DPYA.L Sortino Ratio Rank: 25
DPYA.L Omega Ratio Rank: 24
DPYA.L Calmar Ratio Rank: 23
DPYA.L Martin Ratio Rank: 27

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.

ISAC.L vs. DPYA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) and iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.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.

	ISAC.L	DPYA.L	Difference
Sharpe ratio: Return per unit of total volatility	2.31	0.88	+1.43
Sortino ratio: Return per unit of downside risk	3.42	1.34	+2.08
Omega ratio: Gain probability vs. loss probability	1.43	1.16	+0.27
Calmar ratio: Return relative to maximum drawdown	3.27	1.06	+2.21
Martin ratio: Return relative to average drawdown	13.72	3.66	+10.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current ISAC.L Sharpe Ratio is 2.31, which is higher than the DPYA.L Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of ISAC.L and DPYA.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

	ISAC.L	DPYA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	0.88	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.04	+0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.17	+0.58

Drawdowns

ISAC.L vs. DPYA.L - Drawdown Comparison

The maximum ISAC.L drawdown since its inception was -33.82%, smaller than the maximum DPYA.L drawdown of -42.96%. Use the drawdown chart below to compare losses from any high point for ISAC.L and DPYA.L.

Drawdown Indicators

	ISAC.L	DPYA.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.82%	-42.96%	+9.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.77%	-9.97%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-16.56%	-18.07%	+1.51%
Max Drawdown (5Y) Largest decline over 5 years	-26.07%	-33.79%	+7.72%
Max Drawdown (10Y) Largest decline over 10 years	-33.82%	—	—
Current Drawdown Current decline from peak	-0.72%	-3.81%	+3.09%
Average Drawdown Average peak-to-trough decline	-4.69%	-12.39%	+7.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.90%	-0.80%

Volatility

ISAC.L vs. DPYA.L - Volatility Comparison

iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) has a higher volatility of 3.84% compared to iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L) at 3.57%. This indicates that ISAC.L's price experiences larger fluctuations and is considered to be riskier than DPYA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISAC.L	DPYA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	3.57%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	9.15%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.40%	12.02%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	16.23%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	18.25%	-2.30%

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

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

Dividends

ISAC.L vs. DPYA.L - Dividend Comparison

Neither ISAC.L nor DPYA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

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

ISAC.L and DPYA.L have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

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

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