IUKP.L vs. UKRE.L
Compare and contrast key facts about iShares UK Property UCITS ETF (IUKP.L) and iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L).
IUKP.L and UKRE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUKP.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT United Kingdom. It was launched on Mar 16, 2007. UKRE.L is a passively managed fund by iShares that tracks the performance of the MSCI UK IMI Liquid Real Estate Index. It was launched on Mar 16, 2015. Both IUKP.L and UKRE.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IUKP.L or UKRE.L.
Key characteristics
| IUKP.L | UKRE.L | |
|---|---|---|
| YTD Return | -7.01% | -4.33% |
| 1Y Return | 6.16% | 4.78% |
| 3Y Return (Ann) | -10.08% | -7.30% |
| 5Y Return (Ann) | -4.17% | -2.46% |
| Sharpe Ratio | -0.03 | 0.02 |
| Sortino Ratio | 0.09 | 0.12 |
| Omega Ratio | 1.01 | 1.01 |
| Calmar Ratio | -0.01 | 0.01 |
| Martin Ratio | -0.09 | 0.07 |
| Ulcer Index | 5.29% | 3.64% |
| Daily Std Dev | 18.70% | 12.52% |
| Max Drawdown | -79.72% | -31.82% |
| Current Drawdown | -32.05% | -22.80% |
Correlation
The correlation between IUKP.L and UKRE.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IUKP.L vs. UKRE.L - Performance Comparison
In the year-to-date period, IUKP.L achieves a -7.01% return, which is significantly lower than UKRE.L's -4.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IUKP.L vs. UKRE.L - Expense Ratio Comparison
Both IUKP.L and UKRE.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
IUKP.L vs. UKRE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Property UCITS ETF (IUKP.L) and iShares MSCI Target UK Real Estate UCITS ETF (UKRE.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.
Dividends
IUKP.L vs. UKRE.L - Dividend Comparison
IUKP.L's dividend yield for the trailing twelve months is around 4.11%, less than UKRE.L's 7.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUKP.L iShares UK Property UCITS ETF | 4.11% | 3.53% | 3.63% | 2.01% | 1.94% | 2.78% | 3.72% | 3.05% | 2.72% | 2.39% | 2.06% | 2.27% |
UKRE.L iShares MSCI Target UK Real Estate UCITS ETF | 7.48% | 5.22% | 1.90% | 0.86% | 1.45% | 2.09% | 2.60% | 2.32% | 1.76% | 0.86% | 0.00% | 0.00% |
Drawdowns
IUKP.L vs. UKRE.L - Drawdown Comparison
The maximum IUKP.L drawdown since its inception was -79.72%, which is greater than UKRE.L's maximum drawdown of -31.82%. Use the drawdown chart below to compare losses from any high point for IUKP.L and UKRE.L. For additional features, visit the drawdowns tool.
Volatility
IUKP.L vs. UKRE.L - Volatility Comparison
iShares UK Property UCITS ETF (IUKP.L) has a higher volatility of 6.08% compared to iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) at 4.72%. This indicates that IUKP.L's price experiences larger fluctuations and is considered to be riskier than UKRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.