IWDP.AS vs. ^GSPC
IWDP.AS (iShares Developed Markets Property Yield UCITS ETF USD (Dist)) is REIT fund tracking the FTSE EPRA Nareit Global TR USD, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, IWDP.AS returned 2.60%/yr vs 12.93%/yr for ^GSPC. At a 0.44 correlation, their price movements are largely independent.
Performance
IWDP.AS vs. ^GSPC - Performance Comparison
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Different Trading Currencies
IWDP.AS is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with IWDP.AS having a 12.81% return and ^GSPC slightly higher at 13.27%. Over the past 10 years, IWDP.AS has underperformed ^GSPC with an annualized return of 2.60%, while ^GSPC has yielded a comparatively higher 12.93% annualized return.
IWDP.AS
- 1D
- 0.00%
- 1M
- 1.90%
- 6M
- 8.12%
- YTD
- 12.81%
- 1Y
- 16.09%
- 3Y*
- 7.47%
- 5Y*
- 1.36%
- 10Y*
- 2.60%
^GSPC
- 1D
- 0.00%
- 1M
- 2.01%
- 6M
- 10.36%
- YTD
- 13.27%
- 1Y
- 22.65%
- 3Y*
- 17.93%
- 5Y*
- 12.49%
- 10Y*
- 12.93%
IWDP.AS vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDP.AS iShares Developed Markets Property Yield UCITS ETF USD (Dist) | 12.81% | -3.33% | 6.79% | 5.38% | -19.61% | 36.11% | -17.19% | 23.60% | -1.01% | -2.62% |
^GSPC S&P 500 Index | 12.95% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between IWDP.AS and ^GSPC is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.44 |
Over the past year, the correlation between IWDP.AS and ^GSPC has dropped to 0.14 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
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Return for Risk
IWDP.AS vs. ^GSPC — Risk / Return Rank
IWDP.AS
^GSPC
IWDP.AS vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IWDP.AS | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.33 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.12 | 3.01 | -0.89 |
| Martin ratioReturn relative to average drawdown | 6.69 | 11.11 | -4.42 |
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Drawdowns
IWDP.AS vs. ^GSPC - Drawdown Comparison
The maximum IWDP.AS drawdown since its inception was -74.82%, which is greater than ^GSPC's maximum drawdown of -51.17%. Use the drawdown chart below to compare losses from any high point for IWDP.AS and ^GSPC.
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Drawdown Indicators
| IWDP.AS | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.82% | -51.17% | -23.65% |
Max Drawdown (1Y)Largest decline over 1 year | -7.55% | -7.57% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -19.92% | -23.99% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -29.88% | -23.99% | -5.89% |
Max Drawdown (10Y)Largest decline over 10 years | -41.55% | -33.42% | -8.13% |
Current DrawdownCurrent decline from peak | -2.82% | -0.52% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -21.14% | -8.90% | -12.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 2.04% | +0.36% |
Volatility
IWDP.AS vs. ^GSPC - Volatility Comparison
iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) has a higher volatility of 3.26% compared to S&P 500 Index (^GSPC) at 2.70%. This indicates that IWDP.AS's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWDP.AS | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 2.70% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 9.17% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.10% | 12.60% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 16.85% | -2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 18.60% | -2.61% |
Frequently Asked Questions
IWDP.AS and ^GSPC have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for IWDP.AS and ^GSPC
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