PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IUSP.L vs. DPYA.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IUSP.L vs. DPYA.L

Last updated Jun 5, 2026

IUSP.L (iShares US Property Yield UCITS ETF) and DPYA.L (iShares Developed Markets Property Yield UCITS ETF USD (Acc)) are both REIT funds from iShares - IUSP.L tracks the FTSE EPRA Nareit United States TR USD while DPYA.L tracks the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 5 years, IUSP.L returned 5.55%/yr vs 1.79%/yr for DPYA.L. Their correlation of 0.88 suggests significant overlap in exposure. IUSP.L charges 0.40%/yr vs 0.59%/yr for DPYA.L.

Performance

IUSP.L vs. DPYA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares US Property Yield UCITS ETF (IUSP.L) and iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

IUSP.L is traded in GBp, while DPYA.L is traded in USD. To make them comparable, the DPYA.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IUSP.L achieves a 13.45% return, which is significantly higher than DPYA.L's 7.20% return.

IUSP.L

1D
0.01%
1M
2.07%
YTD
13.45%
6M
13.27%
1Y
16.59%
3Y*
8.66%
5Y*
5.55%
10Y*
6.52%

DPYA.L

1D
0.28%
1M
-0.25%
YTD
7.20%
6M
7.09%
1Y
11.69%
3Y*
5.88%
5Y*
1.79%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IUSP.L vs. DPYA.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IUSP.L
iShares US Property Yield UCITS ETF		13.45%-3.93%7.50%7.68%-14.52%44.90%-13.29%18.62%7.40%
DPYA.L
iShares Developed Markets Property Yield UCITS ETF USD (Acc)		7.20%1.47%1.65%4.22%-15.00%26.53%-12.01%16.45%1.95%

Correlation

The correlation between IUSP.L and DPYA.L is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (3Y)
Calculated over the trailing 3-year period

0.88

Correlation (5Y)
Calculated over the trailing 5-year period

0.88

Correlation (All Time)
Calculated using the full available price history since May 15, 2018

0.88

The correlation between IUSP.L and DPYA.L has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

IUSP.L vs. DPYA.L - Sectors Allocation Comparison

Sectors
IUSP.L
DPYA.L

Real Estate

100.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

0.0%

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

0.1%

Healthcare

-

-

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

IUSP.L
100.0%
DPYA.L
100.0%

Basic Materials

IUSP.L

-

DPYA.L

-

Communication Services

IUSP.L

-

DPYA.L

-

Consumer Cyclical

IUSP.L

-

DPYA.L
0.0%

Consumer Defensive

IUSP.L

-

DPYA.L

-

Energy

IUSP.L

-

DPYA.L

-

Financial Services

IUSP.L

-

DPYA.L
0.1%

Healthcare

IUSP.L

-

DPYA.L

-

Industrials

IUSP.L

-

DPYA.L

-

Technology

IUSP.L

-

DPYA.L

-

Utilities

IUSP.L

-

DPYA.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares US Property Yield UCITS ETF

iShares Developed Markets Property Yield UCITS ETF USD (Acc)

Often compared with IUSP.L:
IUSP.L vs. IWDP.LIUSP.L vs. IPRP.LIUSP.L vs. VNQIUSP.L vs. IUKP.LIUSP.L vs. BBOX.LIUSP.L vs. HPRO.LIUSP.L vs. GBRE.L
Often compared with DPYA.L:
DPYA.L vs. VNQDPYA.L vs. CSPX.LDPYA.L vs. SCHHDPYA.L vs. XLREDPYA.L vs. ISAC.LDPYA.L vs. VWRA.LDPYA.L vs. VOO

Return for Risk

IUSP.L vs. DPYA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IUSP.L
IUSP.L Risk / Return Rank: 4141
Overall Rank
IUSP.L Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
IUSP.L Sortino Ratio Rank: 3737
Sortino Ratio Rank
IUSP.L Omega Ratio Rank: 3636
Omega Ratio Rank
IUSP.L Calmar Ratio Rank: 5353
Calmar Ratio Rank
IUSP.L Martin Ratio Rank: 3939
Martin Ratio Rank
DPYA.L
DPYA.L Risk / Return Rank: 2525
Overall Rank
DPYA.L Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
DPYA.L Sortino Ratio Rank: 2525
Sortino Ratio Rank
DPYA.L Omega Ratio Rank: 2424
Omega Ratio Rank
DPYA.L Calmar Ratio Rank: 2323
Calmar Ratio Rank
DPYA.L Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IUSP.L vs. DPYA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares US Property Yield UCITS ETF (IUSP.L) and iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.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.LDPYA.LDifference
Sharpe ratioReturn per unit of total volatility
1.31
0.96

+0.35

Sortino ratioReturn per unit of downside risk
1.89
1.40

+0.48

Omega ratioGain probability vs. loss probability

1.23

1.17

+0.06

Calmar ratioReturn relative to maximum drawdown

2.59

1.37

+1.21

Martin ratioReturn relative to average drawdown

6.00

4.28

+1.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IUSP.L vs. DPYA.L - Sharpe Ratio Comparison

The current IUSP.L Sharpe Ratio is 1.31, which is higher than the DPYA.L Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of IUSP.L and DPYA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IUSP.LDPYA.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

0.96

+0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.33

0.12

+0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.19

+0.15

Drawdowns

IUSP.L vs. DPYA.L - Drawdown Comparison

The maximum IUSP.L drawdown since its inception was -62.68%, which is greater than DPYA.L's maximum drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for IUSP.L and DPYA.L.

Loading charts...

Drawdown Indicators

IUSP.LDPYA.LDifference

Max Drawdown

Largest peak-to-trough decline

-62.68%

-36.13%

-26.55%

Max Drawdown (1Y)

Largest decline over 1 year

-6.38%

-8.47%

+2.09%

Max Drawdown (3Y)

Largest decline over 3 years

-20.65%

-17.05%

-3.60%

Max Drawdown (5Y)

Largest decline over 5 years

-26.86%

-26.69%

-0.17%

Max Drawdown (10Y)

Largest decline over 10 years

-38.97%

—

—

Current Drawdown

Current decline from peak

-2.07%

-3.43%

+1.36%

Average Drawdown

Average peak-to-trough decline

-11.16%

-10.34%

-0.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.76%

2.72%

+0.04%

Volatility

IUSP.L vs. DPYA.L - Volatility Comparison

iShares US Property Yield UCITS ETF (IUSP.L) and iShares Developed Markets Property Yield UCITS ETF USD (Acc) (DPYA.L) have volatilities of 3.53% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

IUSP.LDPYA.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.53%

3.44%

+0.09%

Volatility (6M)

Calculated over the trailing 6-month period

9.40%

9.56%

-0.16%

Volatility (1Y)

Calculated over the trailing 1-year period

12.59%

12.09%

+0.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.64%

15.01%

+1.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.44%

16.98%

+2.46%

IUSP.L vs. DPYA.L - Expense Ratio Comparison

IUSP.L has a 0.40% expense ratio, which is lower than DPYA.L's 0.59% expense ratio.

Dividends

IUSP.L vs. DPYA.L - Dividend Comparison

IUSP.L's dividend yield for the trailing twelve months is around 4.01%, while DPYA.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
DPYA.L
iShares Developed Markets Property Yield UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IUSP.L
iShares US Property Yield UCITS ETF		4.01%4.31%3.87%4.00%4.62%2.87%4.40%4.08%5.87%4.28%4.37%4.42%

Frequently Asked Questions

IUSP.L and DPYA.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IUSP.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IUSP.L is cheaper with a 0.40% expense ratio, compared with 0.59% for DPYA.L.

IUSP.L tracks FTSE EPRA Nareit United States TR USD, while DPYA.L tracks FTSE EPRA Nareit Global TR USD. Their fees differ too: 0.40% for IUSP.L and 0.59% for DPYA.L.

Portfolio Optimizer

Find the right allocation for IUSP.L and DPYA.L

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