IUKP.L vs. WNEW.L
IUKP.L (iShares UK Property UCITS ETF) and WNEW.L (WisdomTree New Economy Real Estate UCITS ETF USD Dist) are both REIT funds - IUKP.L tracks the FTSE EPRA/NAREIT United Kingdom while WNEW.L tracks the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 3 years, IUKP.L returned -3.49%/yr vs 16.70%/yr for WNEW.L. A 0.53 correlation means they provide meaningful diversification when combined. IUKP.L charges 0.40%/yr vs 0.45%/yr for WNEW.L.
Performance
IUKP.L vs. WNEW.L - Performance Comparison
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Returns By Period
In the year-to-date period, IUKP.L achieves a -3.75% return, which is significantly lower than WNEW.L's 22.36% return.
IUKP.L
- 1D
- 0.96%
- 1M
- 1.62%
- YTD
- -3.75%
- 6M
- -2.64%
- 1Y
- -4.48%
- 3Y*
- -3.49%
- 5Y*
- -7.61%
- 10Y*
- -4.20%
WNEW.L
- 1D
- -1.10%
- 1M
- 7.07%
- YTD
- 22.36%
- 6M
- 20.28%
- 1Y
- 48.84%
- 3Y*
- 16.70%
- 5Y*
- —
- 10Y*
- —
IUKP.L vs. WNEW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IUKP.L iShares UK Property UCITS ETF | -3.75% | 4.80% | -15.54% | 6.20% | -30.91% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 22.36% | 23.24% | -3.45% | 6.97% | -13.16% |
Correlation
The correlation between IUKP.L and WNEW.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2022 | 0.53 |
The correlation between IUKP.L and WNEW.L shifts across timeframes, from 0.36 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IUKP.L vs. WNEW.L — Risk / Return Rank
IUKP.L
WNEW.L
IUKP.L vs. WNEW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Property UCITS ETF (IUKP.L) and WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.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.
| IUKP.L | WNEW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.41 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 3.81 | -4.06 |
| Martin ratioReturn relative to average drawdown | -0.58 | 9.87 | -10.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IUKP.L | WNEW.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | 2.50 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.18 | 0.42 | -0.60 |
Drawdowns
IUKP.L vs. WNEW.L - Drawdown Comparison
The maximum IUKP.L drawdown since its inception was -81.01%, which is greater than WNEW.L's maximum drawdown of -29.88%. Use the drawdown chart below to compare losses from any high point for IUKP.L and WNEW.L.
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Drawdown Indicators
| IUKP.L | WNEW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.01% | -29.88% | -51.13% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -12.75% | -4.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.37% | -20.58% | -3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -45.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.63% | — | — |
Current DrawdownCurrent decline from peak | -61.46% | -2.60% | -58.86% |
Average DrawdownAverage peak-to-trough decline | -51.12% | -14.35% | -36.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.72% | 4.93% | +2.79% |
Volatility
IUKP.L vs. WNEW.L - Volatility Comparison
The current volatility for iShares UK Property UCITS ETF (IUKP.L) is 6.51%, while WisdomTree New Economy Real Estate UCITS ETF USD Dist (WNEW.L) has a volatility of 7.58%. This indicates that IUKP.L experiences smaller price fluctuations and is considered to be less risky than WNEW.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 | WNEW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.51% | 7.58% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 13.79% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.88% | 19.54% | -0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.29% | 17.21% | +4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.84% | 17.21% | +3.63% |
IUKP.L vs. WNEW.L - Expense Ratio Comparison
IUKP.L has a 0.40% expense ratio, which is lower than WNEW.L's 0.45% expense ratio.
Dividends
IUKP.L vs. WNEW.L - Dividend Comparison
IUKP.L's dividend yield for the trailing twelve months is around 0.04%, less than WNEW.L's 1.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUKP.L iShares UK Property UCITS ETF | 0.04% | 0.04% | 0.05% | 0.04% | 0.04% | 0.02% | 0.02% | 0.03% | 0.04% | 0.03% | 0.03% | 0.02% |
WNEW.L WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.30% | 1.70% | 1.83% | 1.23% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IUKP.L and WNEW.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUKP.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUKP.L is cheaper with a 0.40% expense ratio, compared with 0.45% for WNEW.L.
IUKP.L tracks FTSE EPRA/NAREIT United Kingdom, while WNEW.L tracks FTSE EPRA Nareit Global TR USD. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.40% for IUKP.L and 0.45% for WNEW.L.
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