IUSP.L vs. WTNR.L

Last updated Jun 5, 2026

IUSP.L (iShares US Property Yield UCITS ETF) and WTNR.L (WisdomTree New Economy Real Estate UCITS ETF USD Acc) are both REIT funds - IUSP.L tracks the FTSE EPRA Nareit United States TR USD while WTNR.L tracks the FTSE EPRA Nareit Global TR USD. Both are passively managed. Over the past 3 years, IUSP.L returned 8.66%/yr vs 16.68%/yr for WTNR.L. A 0.68 correlation means they provide meaningful diversification when combined. IUSP.L charges 0.40%/yr vs 0.45%/yr for WTNR.L.

Performance

IUSP.L vs. WTNR.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 WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IUSP.L achieves a 13.45% return, which is significantly lower than WTNR.L's 22.49% 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%

WTNR.L

• 1D: -0.94%
• 1M: 7.19%
• YTD: 22.49%
• 6M: 20.45%
• 1Y: 48.63%
• 3Y*: 16.68%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

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

	2026 (YTD)	2025	2024	2023	2022
IUSP.L iShares US Property Yield UCITS ETF	13.45%	-3.93%	7.50%	7.68%	-6.24%
WTNR.L WisdomTree New Economy Real Estate UCITS ETF USD Acc	22.49%	22.86%	-3.23%	7.76%	-11.51%

Correlation

The correlation between IUSP.L and WTNR.L is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Feb 16, 2022	0.68

Over the past year, the correlation between IUSP.L and WTNR.L has dropped to 0.41 - well below their long-term average of 0.68, suggesting their price drivers have been diverging.

Return for Risk

IUSP.L vs. WTNR.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: 41
IUSP.L Sharpe Ratio Rank: 38
IUSP.L Sortino Ratio Rank: 37
IUSP.L Omega Ratio Rank: 36
IUSP.L Calmar Ratio Rank: 53
IUSP.L Martin Ratio Rank: 39

WTNR.L

WTNR.L Risk / Return Rank: 71
WTNR.L Sharpe Ratio Rank: 78
WTNR.L Sortino Ratio Rank: 75
WTNR.L Omega Ratio Rank: 69
WTNR.L Calmar Ratio Rank: 76
WTNR.L Martin Ratio Rank: 56

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. WTNR.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 WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.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.L	WTNR.L	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.48	-1.17
Sortino ratio: Return per unit of downside risk	1.89	3.33	-1.44
Omega ratio: Gain probability vs. loss probability	1.23	1.40	-0.17
Calmar ratio: Return relative to maximum drawdown	2.59	3.77	-1.18
Martin ratio: Return relative to average drawdown	6.00	9.73	-3.73
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. WTNR.L - Sharpe Ratio Comparison

The current IUSP.L Sharpe Ratio is 1.31, which is lower than the WTNR.L Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of IUSP.L and WTNR.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.

Sharpe Ratios by Period

	IUSP.L	WTNR.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	2.48	-1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
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	0.48	-0.14

Drawdowns

IUSP.L vs. WTNR.L - Drawdown Comparison

The maximum IUSP.L drawdown since its inception was -62.68%, which is greater than WTNR.L's maximum drawdown of -29.28%. Use the drawdown chart below to compare losses from any high point for IUSP.L and WTNR.L.

Drawdown Indicators

	IUSP.L	WTNR.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.68%	-29.28%	-33.40%
Max Drawdown (1Y) Largest decline over 1 year	-6.38%	-12.84%	+6.46%
Max Drawdown (3Y) Largest decline over 3 years	-20.65%	-20.61%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-26.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.97%	—	—
Current Drawdown Current decline from peak	-2.07%	-2.54%	+0.47%
Average Drawdown Average peak-to-trough decline	-11.16%	-14.62%	+3.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	4.98%	-2.22%

Volatility

IUSP.L vs. WTNR.L - Volatility Comparison

The current volatility for iShares US Property Yield UCITS ETF (IUSP.L) is 3.53%, while WisdomTree New Economy Real Estate UCITS ETF USD Acc (WTNR.L) has a volatility of 7.73%. This indicates that IUSP.L experiences smaller price fluctuations and is considered to be less risky than WTNR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUSP.L	WTNR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	7.73%	-4.20%
Volatility (6M) Calculated over the trailing 6-month period	9.40%	13.68%	-4.28%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	19.55%	-6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.64%	18.20%	-1.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.44%	18.20%	+1.24%

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

IUSP.L has a 0.40% expense ratio, which is lower than WTNR.L's 0.45% expense ratio.

Dividends

IUSP.L vs. WTNR.L - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
WTNR.L WisdomTree New Economy Real Estate 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%

Frequently Asked Questions

Can I hold both IUSP.L and WTNR.L in my portfolio?

IUSP.L and WTNR.L have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUSP.L or WTNR.L?

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.

Which ETF is cheaper, IUSP.L or WTNR.L?

IUSP.L is cheaper with a 0.40% expense ratio, compared with 0.45% for WTNR.L.

What is the main difference between IUSP.L and WTNR.L?

IUSP.L tracks FTSE EPRA Nareit United States TR USD, while WTNR.L tracks FTSE EPRA Nareit Global TR USD. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.40% for IUSP.L and 0.45% for WTNR.L.