IUSP.DE vs. GBRE.L
Compare and contrast key facts about iShares US Property Yield UCITS ETF (IUSP.DE) and SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L).
IUSP.DE and GBRE.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IUSP.DE is a passively managed fund by iShares that tracks the performance of the JPM GBI-EM Global Diversified TR USD. It was launched on Jun 20, 2011. GBRE.L is a passively managed fund by State Street that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Oct 23, 2012. Both IUSP.DE and GBRE.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.
Performance
IUSP.DE vs. GBRE.L - Performance Comparison
Loading graphics...
IUSP.DE vs. GBRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSP.DE iShares US Property Yield UCITS ETF | -2.01% | 6.45% | 4.79% | 9.50% | -3.59% | -2.39% | -6.15% | 15.54% | -1.76% | 0.77% |
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF | 2.30% | -3.95% | 5.83% | 7.48% | -20.61% | 40.66% | -18.51% | 24.22% | -1.37% | -3.91% |
Different Trading Currencies
IUSP.DE is traded in EUR, while GBRE.L is traded in GBP. To make them comparable, the GBRE.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IUSP.DE achieves a -2.01% return, which is significantly lower than GBRE.L's 2.30% return. Over the past 10 years, IUSP.DE has outperformed GBRE.L with an annualized return of 2.61%, while GBRE.L has yielded a comparatively lower 2.44% annualized return.
IUSP.DE
- 1D
- 0.72%
- 1M
- -2.25%
- YTD
- -2.01%
- 6M
- 0.98%
- 1Y
- 3.48%
- 3Y*
- 4.99%
- 5Y*
- 3.03%
- 10Y*
- 2.61%
GBRE.L
- 1D
- 1.16%
- 1M
- -5.30%
- YTD
- 2.30%
- 6M
- 2.62%
- 1Y
- -0.86%
- 3Y*
- 4.38%
- 5Y*
- 2.24%
- 10Y*
- 2.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IUSP.DE vs. GBRE.L - Expense Ratio Comparison
Both IUSP.DE and GBRE.L have an expense ratio of 0.40%.
Return for Risk
IUSP.DE vs. GBRE.L — Risk / Return Rank
IUSP.DE
GBRE.L
IUSP.DE vs. GBRE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US Property Yield UCITS ETF (IUSP.DE) and SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.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.
| IUSP.DE | GBRE.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | -0.06 | +0.56 |
Sortino ratioReturn per unit of downside risk | 0.69 | 0.02 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.00 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.09 | +0.97 |
Martin ratioReturn relative to average drawdown | 2.77 | -0.29 | +3.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IUSP.DE | GBRE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | -0.06 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.15 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.15 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.30 | -0.18 |
Correlation
The correlation between IUSP.DE and GBRE.L is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IUSP.DE vs. GBRE.L - Dividend Comparison
IUSP.DE's dividend yield for the trailing twelve months is around 4.34%, more than GBRE.L's 0.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSP.DE iShares US Property Yield UCITS ETF | 4.34% | 7.21% | 7.03% | 6.58% | 7.55% | 5.13% | 6.21% | 6.11% | 6.67% | 6.42% | 6.34% | 4.38% |
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF | 0.78% | 1.45% | 2.73% | 2.66% | 2.84% | 1.79% | 2.76% | 3.25% | 4.30% | 3.99% | 2.40% | 2.09% |
Drawdowns
IUSP.DE vs. GBRE.L - Drawdown Comparison
The maximum IUSP.DE drawdown since its inception was -26.42%, smaller than the maximum GBRE.L drawdown of -41.12%. Use the drawdown chart below to compare losses from any high point for IUSP.DE and GBRE.L.
Loading graphics...
Drawdown Indicators
| IUSP.DE | GBRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.42% | -35.15% | +8.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.53% | -10.42% | +5.89% |
Max Drawdown (5Y)Largest decline over 5 years | -9.18% | -27.39% | +18.21% |
Max Drawdown (10Y)Largest decline over 10 years | -19.74% | -35.15% | +15.41% |
Current DrawdownCurrent decline from peak | -3.47% | -9.73% | +6.26% |
Average DrawdownAverage peak-to-trough decline | -9.53% | -10.02% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 2.59% | -1.15% |
Volatility
IUSP.DE vs. GBRE.L - Volatility Comparison
The current volatility for iShares US Property Yield UCITS ETF (IUSP.DE) is 3.05%, while SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) has a volatility of 4.44%. This indicates that IUSP.DE experiences smaller price fluctuations and is considered to be less risky than GBRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IUSP.DE | GBRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 4.44% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 4.93% | 8.07% | -3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.88% | 14.74% | -7.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 15.08% | -7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.59% | 16.70% | -8.11% |