IUKP.L vs. IDUP.L
IUKP.L (iShares UK Property UCITS ETF) and IDUP.L (iShares US Property Yield UCITS ETF USD (Dist)) are both REIT funds from iShares - IUKP.L tracks the FTSE EPRA/NAREIT United Kingdom while IDUP.L tracks the FTSE EPRA Nareit US Dividend+ Net of Tax Index (USD). Both are passively managed. Over the past 10 years, IUKP.L returned 0.83%/yr vs 3.89%/yr for IDUP.L. At a 0.37 correlation, their price movements are largely independent. Both charge a 0.40% expense ratio.
Performance
IUKP.L vs. IDUP.L - Performance Comparison
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Different Trading Currencies
IUKP.L is traded in GBp, while IDUP.L is traded in USD. To make them comparable, the IDUP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUKP.L achieves a 10.04% return, which is significantly lower than IDUP.L's 18.64% return. Over the past 10 years, IUKP.L has underperformed IDUP.L with an annualized return of 0.83%, while IDUP.L has yielded a comparatively higher 3.89% annualized return.
IUKP.L
- 1D
- -0.02%
- 1M
- 9.79%
- 6M
- 4.92%
- YTD
- 10.04%
- 1Y
- 13.24%
- 3Y*
- 5.09%
- 5Y*
- -2.65%
- 10Y*
- 0.83%
- ALL TIME*
- -1.09%
IDUP.L
- 1D
- -0.89%
- 1M
- 2.73%
- 6M
- 14.43%
- YTD
- 18.64%
- 1Y
- 20.09%
- 3Y*
- 8.20%
- 5Y*
- 3.96%
- 10Y*
- 3.89%
- ALL TIME*
- 7.46%
IUKP.L vs. IDUP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUKP.L iShares UK Property UCITS ETF | 10.04% | 9.29% | -12.11% | 10.25% | -31.86% | 28.41% | -16.85% | 29.42% | -13.37% | 12.07% |
IDUP.L iShares US Property Yield UCITS ETF USD (Dist) | 18.64% | -5.06% | 6.56% | 7.39% | -15.29% | 43.12% | -13.53% | 16.77% | 0.82% | -4.68% |
Correlation
The correlation between IUKP.L and IDUP.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2007 | 0.37 |
The correlation between IUKP.L and IDUP.L shifts across timeframes, from 0.37 (all time) to 0.48 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
IUKP.L vs. IDUP.L — Risk / Return Rank
IUKP.L
IDUP.L
IUKP.L vs. IDUP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Property UCITS ETF (IUKP.L) and iShares US Property Yield UCITS ETF USD (Dist) (IDUP.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IUKP.L | IDUP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 3.09 | -2.33 |
| Martin ratioReturn relative to average drawdown | 2.06 | 7.19 | -5.13 |
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Drawdowns
IUKP.L vs. IDUP.L - Drawdown Comparison
The maximum IUKP.L drawdown since its inception was -79.72%, which is greater than IDUP.L's maximum drawdown of -59.86%. Use the drawdown chart below to compare losses from any high point for IUKP.L and IDUP.L.
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Drawdown Indicators
| IUKP.L | IDUP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.72% | -59.86% | -19.86% |
Max Drawdown (1Y)Largest decline over 1 year | -17.25% | -6.47% | -10.78% |
Max Drawdown (3Y)Largest decline over 3 years | -22.98% | -21.22% | -1.76% |
Max Drawdown (5Y)Largest decline over 5 years | -40.70% | -28.14% | -12.56% |
Max Drawdown (10Y)Largest decline over 10 years | -40.70% | -39.54% | -1.16% |
Current DrawdownCurrent decline from peak | -22.78% | -1.06% | -21.72% |
Average DrawdownAverage peak-to-trough decline | -34.94% | -11.10% | -23.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.42% | 2.79% | +3.63% |
Volatility
IUKP.L vs. IDUP.L - Volatility Comparison
iShares UK Property UCITS ETF (IUKP.L) has a higher volatility of 7.24% compared to iShares US Property Yield UCITS ETF USD (Dist) (IDUP.L) at 5.38%. This indicates that IUKP.L's price experiences larger fluctuations and is considered to be riskier than IDUP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUKP.L | IDUP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 5.38% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.37% | 10.95% | +5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.83% | 13.89% | +5.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.43% | 17.69% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.89% | 19.91% | -0.02% |
IUKP.L vs. IDUP.L - Expense Ratio Comparison
Both IUKP.L and IDUP.L have an expense ratio of 0.40%.
Dividends
IUKP.L vs. IDUP.L - Dividend Comparison
IUKP.L's dividend yield for the trailing twelve months is around 4.03%, more than IDUP.L's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDUP.L iShares US Property Yield UCITS ETF USD (Dist) | 2.84% | 3.20% | 3.09% | 3.13% | 3.84% | 2.13% | 3.22% | 3.10% | 4.60% | 3.17% | 3.55% | 2.98% |
IUKP.L iShares UK Property UCITS ETF | 4.03% | 4.14% | 4.49% | 3.53% | 3.63% | 2.01% | 1.94% | 2.78% | 3.72% | 3.05% | 2.72% | 2.39% |
Frequently Asked Questions
IUKP.L and IDUP.L have a correlation of 0.47, 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.
IUKP.L and IDUP.L have the same expense ratio: 0.40% per year.
IUKP.L tracks FTSE EPRA/NAREIT United Kingdom, while IDUP.L tracks FTSE EPRA Nareit US Dividend+ Net of Tax Index (USD).
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