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IWDP.AS vs. VNA.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IWDP.AS vs. VNA.DE

Last updated Jun 4, 2026

IWDP.AS (iShares Developed Markets Property Yield UCITS ETF USD (Dist)) is REIT fund tracking the FTSE EPRA Nareit Global TR USD, while VNA.DE (Vonovia SE) is a stock. Over the past 10 years, IWDP.AS returned 2.95%/yr vs 0.19%/yr for VNA.DE. At a 0.46 correlation, their price movements are largely independent.

Performance

IWDP.AS vs. VNA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) and Vonovia SE (VNA.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IWDP.AS achieves a 7.91% return, which is significantly higher than VNA.DE's -12.62% return. Over the past 10 years, IWDP.AS has outperformed VNA.DE with an annualized return of 2.95%, while VNA.DE has yielded a comparatively lower 0.19% annualized return.

IWDP.AS

1D
0.41%
1M
-0.38%
YTD
7.91%
6M
8.11%
1Y
8.45%
3Y*
5.65%
5Y*
1.62%
10Y*
2.95%

VNA.DE

1D
-2.79%
1M
-3.97%
YTD
-12.62%
6M
-15.65%
1Y
-26.42%
3Y*
8.99%
5Y*
-12.59%
10Y*
0.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IWDP.AS vs. VNA.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IWDP.AS
iShares Developed Markets Property Yield UCITS ETF USD (Dist)		7.91%-3.33%6.79%5.38%-19.61%36.11%-17.19%23.60%-1.01%-2.62%
VNA.DE
Vonovia SE		-12.62%-12.70%6.11%35.91%-52.54%-11.27%32.19%24.34%-1.65%37.56%

Correlation

The correlation between IWDP.AS and VNA.DE is 0.52, 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

0.52

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

0.52

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

0.52

Correlation (10Y)
Calculated over the trailing 10-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Jul 12, 2013

0.46

The correlation between IWDP.AS and VNA.DE has been stable across timeframes, ranging from 0.46 to 0.52 - 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.

iShares Developed Markets Property Yield UCITS ETF USD (Dist)

Vonovia SE

Often compared with IWDP.AS:
IWDP.AS vs. HPRD.LIWDP.AS vs. TREG.LIWDP.AS vs. VGOV.LIWDP.AS vs. HPRO.LIWDP.AS vs. BIRDXIWDP.AS vs. VNQIWDP.AS vs. SPY
Often compared with VNA.DE:
VNA.DE vs. VOOVNA.DE vs. JPMVNA.DE vs. XDWT.DEVNA.DE vs. SPGVNA.DE vs. SPYVNA.DE vs. PLDVNA.DE vs. ^GSPC

Return for Risk

IWDP.AS vs. VNA.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IWDP.AS
IWDP.AS Risk / Return Rank: 2222
Overall Rank
IWDP.AS Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
IWDP.AS Sortino Ratio Rank: 2121
Sortino Ratio Rank
IWDP.AS Omega Ratio Rank: 2121
Omega Ratio Rank
IWDP.AS Calmar Ratio Rank: 2424
Calmar Ratio Rank
IWDP.AS Martin Ratio Rank: 2424
Martin Ratio Rank
VNA.DE
VNA.DE Risk / Return Rank: 66
Overall Rank
VNA.DE Sharpe Ratio Rank: 55
Sharpe Ratio Rank
VNA.DE Sortino Ratio Rank: 88
Sortino Ratio Rank
VNA.DE Omega Ratio Rank: 77
Omega Ratio Rank
VNA.DE Calmar Ratio Rank: 88
Calmar Ratio Rank
VNA.DE Martin Ratio Rank: 44
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.

IWDP.AS vs. VNA.DE - 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 Vonovia SE (VNA.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.

IWDP.ASVNA.DEDifference
Sharpe ratioReturn per unit of total volatility
0.77
-0.98

+1.75

Sortino ratioReturn per unit of downside risk
1.14
-1.25

+2.39

Omega ratioGain probability vs. loss probability

1.14

0.83

+0.31

Calmar ratioReturn relative to maximum drawdown

1.11

-0.86

+1.96

Martin ratioReturn relative to average drawdown

3.24

-1.60

+4.84

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

IWDP.AS vs. VNA.DE - Sharpe Ratio Comparison

The current IWDP.AS Sharpe Ratio is 0.77, which is higher than the VNA.DE Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of IWDP.AS and VNA.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IWDP.ASVNA.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.77

-0.98

+1.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

-0.37

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

0.01

+0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.21

-0.04

Drawdowns

IWDP.AS vs. VNA.DE - Drawdown Comparison

The maximum IWDP.AS drawdown since its inception was -70.13%, roughly equal to the maximum VNA.DE drawdown of -71.24%. Use the drawdown chart below to compare losses from any high point for IWDP.AS and VNA.DE.

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Drawdown Indicators

IWDP.ASVNA.DEDifference

Max Drawdown

Largest peak-to-trough decline

-70.13%

-71.24%

+1.11%

Max Drawdown (1Y)

Largest decline over 1 year

-7.55%

-30.66%

+23.11%

Max Drawdown (3Y)

Largest decline over 3 years

-19.92%

-34.87%

+14.95%

Max Drawdown (5Y)

Largest decline over 5 years

-29.88%

-71.11%

+41.23%

Max Drawdown (10Y)

Largest decline over 10 years

-41.55%

-71.24%

+29.69%

Current Drawdown

Current decline from peak

-7.03%

-55.50%

+48.47%

Average Drawdown

Average peak-to-trough decline

-15.78%

-20.42%

+4.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

16.47%

-13.88%

Volatility

IWDP.AS vs. VNA.DE - Volatility Comparison

The current volatility for iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) is 3.54%, while Vonovia SE (VNA.DE) has a volatility of 7.17%. This indicates that IWDP.AS experiences smaller price fluctuations and is considered to be less risky than VNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IWDP.ASVNA.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.54%

7.17%

-3.63%

Volatility (6M)

Calculated over the trailing 6-month period

8.15%

23.67%

-15.52%

Volatility (1Y)

Calculated over the trailing 1-year period

10.90%

26.93%

-16.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.41%

33.53%

-19.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.98%

28.29%

-12.31%

Dividends

IWDP.AS vs. VNA.DE - Dividend Comparison

IWDP.AS's dividend yield for the trailing twelve months is around 3.01%, less than VNA.DE's 6.18% yield.

PositionTTM20252024202320222021202020192018201720162015
IWDP.AS
iShares Developed Markets Property Yield UCITS ETF USD (Dist)		3.01%3.20%3.10%3.16%3.71%2.11%3.18%2.91%3.87%3.11%3.07%2.96%
VNA.DE
Vonovia SE		6.18%4.97%3.07%2.98%7.49%2.76%5.02%2.54%2.82%2.29%2.57%1.94%

Frequently Asked Questions

IWDP.AS and VNA.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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