IUSP.L vs. GBRE.L
Compare and contrast key facts about iShares US Property Yield UCITS ETF (IUSP.L) and SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L).
IUSP.L 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.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA Nareit United States TR USD. It was launched on Nov 3, 2006. 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.L 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IUSP.L or GBRE.L.
Key characteristics
| IUSP.L | GBRE.L | |
|---|---|---|
| YTD Return | -3.59% | -4.60% |
| 1Y Return | 6.55% | 0.66% |
| 3Y Return (Ann) | 4.39% | -1.78% |
| 5Y Return (Ann) | 3.36% | -2.26% |
| 10Y Return (Ann) | 8.39% | 2.89% |
| Sharpe Ratio | 0.38 | 0.03 |
| Daily Std Dev | 16.86% | 15.05% |
| Max Drawdown | -62.62% | -36.07% |
| Current Drawdown | -14.34% | -21.39% |
Correlation
The correlation between IUSP.L and GBRE.L is 0.77, 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
IUSP.L vs. GBRE.L - Performance Comparison
In the year-to-date period, IUSP.L achieves a -3.59% return, which is significantly higher than GBRE.L's -4.60% return. Over the past 10 years, IUSP.L has outperformed GBRE.L with an annualized return of 8.39%, while GBRE.L has yielded a comparatively lower 2.89% annualized 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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IUSP.L vs. GBRE.L - Expense Ratio Comparison
Both IUSP.L and GBRE.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
IUSP.L vs. GBRE.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares US Property Yield UCITS ETF (IUSP.L) 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.
Dividends
IUSP.L vs. GBRE.L - Dividend Comparison
IUSP.L's dividend yield for the trailing twelve months is around 0.04%, more than GBRE.L's 0.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IUSP.L iShares US Property Yield UCITS ETF | 0.04% | 0.04% | 0.05% | 0.03% | 0.04% | 0.04% | 0.06% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% |
GBRE.L SPDR® Dow Jones Global Real Estate UCITS ETF | 0.03% | 0.03% | 0.03% | 0.02% | 0.03% | 0.03% | 0.05% | 0.03% | 0.02% | 0.02% | 0.02% | 0.03% |
Drawdowns
IUSP.L vs. GBRE.L - Drawdown Comparison
The maximum IUSP.L drawdown since its inception was -62.62%, which is greater than GBRE.L's maximum drawdown of -36.07%. Use the drawdown chart below to compare losses from any high point for IUSP.L and GBRE.L. For additional features, visit the drawdowns tool.
Volatility
IUSP.L vs. GBRE.L - Volatility Comparison
iShares US Property Yield UCITS ETF (IUSP.L) has a higher volatility of 4.95% compared to SPDR® Dow Jones Global Real Estate UCITS ETF (GBRE.L) at 4.53%. This indicates that IUSP.L's price experiences larger fluctuations and is considered to be riskier than GBRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.