IUSP.DE vs. SYBM.DE
IUSP.DE (iShares US Property Yield UCITS ETF) and SYBM.DE (SPDR Bloomberg Emerging Markets Local Bond UCITS ETF) are both Emerging Markets Bonds funds - IUSP.DE tracks the JPM GBI-EM Global Diversified TR USD while SYBM.DE tracks the Bloomberg Emerging Markets Local Currency Liquid Government Bond. Both are passively managed. Over the past 10 years, IUSP.DE returned 2.78%/yr vs 1.75%/yr for SYBM.DE. Their correlation of 0.82 suggests significant overlap in exposure. IUSP.DE charges 0.40%/yr vs 0.55%/yr for SYBM.DE.
Performance
IUSP.DE vs. SYBM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUSP.DE achieves a -0.08% return, which is significantly lower than SYBM.DE's 0.49% return. Over the past 10 years, IUSP.DE has outperformed SYBM.DE with an annualized return of 2.78%, while SYBM.DE has yielded a comparatively lower 1.75% annualized return.
IUSP.DE
- 1D
- -0.57%
- 1M
- 1.60%
- YTD
- -0.08%
- 6M
- -0.09%
- 1Y
- 5.25%
- 3Y*
- 4.80%
- 5Y*
- 2.97%
- 10Y*
- 2.78%
SYBM.DE
- 1D
- -0.05%
- 1M
- 0.37%
- YTD
- 0.49%
- 6M
- 0.35%
- 1Y
- 3.38%
- 3Y*
- 2.54%
- 5Y*
- 1.45%
- 10Y*
- 1.75%
IUSP.DE vs. SYBM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSP.DE iShares US Property Yield UCITS ETF | -0.08% | 6.45% | 4.79% | 9.50% | -3.59% | -2.39% | -6.15% | 15.54% | -1.76% | 0.77% |
SYBM.DE SPDR Bloomberg Emerging Markets Local Bond UCITS ETF | 0.49% | 2.47% | 3.13% | 5.78% | -4.57% | -0.95% | -5.71% | 14.77% | -1.49% | 0.35% |
Correlation
The correlation between IUSP.DE and SYBM.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 2011 | 0.82 |
The correlation between IUSP.DE and SYBM.DE has been stable across timeframes, ranging from 0.75 to 0.83 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IUSP.DE vs. SYBM.DE — Risk / Return Rank
IUSP.DE
SYBM.DE
IUSP.DE vs. SYBM.DE - 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 Bloomberg Emerging Markets Local Bond UCITS ETF (SYBM.DE). 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 | SYBM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.12 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 0.87 | +0.28 |
| Martin ratioReturn relative to average drawdown | 3.19 | 2.69 | +0.50 |
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 charts...
Sharpe Ratios by Period
| IUSP.DE | SYBM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.67 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.21 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.22 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.23 | -0.10 |
Drawdowns
IUSP.DE vs. SYBM.DE - Drawdown Comparison
The maximum IUSP.DE drawdown since its inception was -26.42%, which is greater than SYBM.DE's maximum drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for IUSP.DE and SYBM.DE.
Loading charts...
Drawdown Indicators
| IUSP.DE | SYBM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.42% | -19.16% | -7.26% |
Max Drawdown (1Y)Largest decline over 1 year | -4.53% | -3.90% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -7.04% | -7.62% | +0.58% |
Max Drawdown (5Y)Largest decline over 5 years | -9.18% | -8.64% | -0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -19.74% | -16.36% | -3.38% |
Current DrawdownCurrent decline from peak | -1.56% | -3.09% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -7.10% | -2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.26% | +0.39% |
Volatility
IUSP.DE vs. SYBM.DE - Volatility Comparison
iShares US Property Yield UCITS ETF (IUSP.DE) has a higher volatility of 1.71% compared to SPDR Bloomberg Emerging Markets Local Bond UCITS ETF (SYBM.DE) at 1.51%. This indicates that IUSP.DE's price experiences larger fluctuations and is considered to be riskier than SYBM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUSP.DE | SYBM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.71% | 1.51% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 5.42% | 4.22% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.06% | 5.07% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 6.94% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.56% | 7.82% | +0.74% |
IUSP.DE vs. SYBM.DE - Expense Ratio Comparison
IUSP.DE has a 0.40% expense ratio, which is lower than SYBM.DE's 0.55% expense ratio.
Dividends
IUSP.DE vs. SYBM.DE - Dividend Comparison
IUSP.DE's dividend yield for the trailing twelve months is around 5.43%, more than SYBM.DE's 5.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSP.DE iShares US Property Yield UCITS ETF | 5.43% | 7.21% | 7.03% | 6.58% | 7.55% | 5.13% | 6.21% | 6.11% | 6.67% | 6.42% | 6.34% | 4.38% |
SYBM.DE SPDR Bloomberg Emerging Markets Local Bond UCITS ETF | 5.07% | 5.01% | 4.77% | 4.21% | 4.29% | 3.89% | 4.12% | 4.34% | 4.13% | 5.01% | 4.30% | 5.26% |
Frequently Asked Questions
IUSP.DE and SYBM.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSP.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSP.DE is cheaper with a 0.40% expense ratio, compared with 0.55% for SYBM.DE.
IUSP.DE tracks JPM GBI-EM Global Diversified TR USD, while SYBM.DE tracks Bloomberg Emerging Markets Local Currency Liquid Government Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for IUSP.DE and 0.55% for SYBM.DE.
Find the right allocation for IUSP.DE and SYBM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer