IWDP.AS vs. XLRE
IWDP.AS (iShares Developed Markets Property Yield UCITS ETF USD (Dist)) and XLRE (Real Estate Select Sector SPDR Fund) are both REIT funds - IWDP.AS tracks the FTSE EPRA Nareit Global TR USD while XLRE tracks the Real Estate Select Sector Index. Both are passively managed. Over the past 10 years, IWDP.AS returned 2.95%/yr vs 6.46%/yr for XLRE. A 0.58 correlation means they provide meaningful diversification when combined. IWDP.AS charges 0.59%/yr vs 0.13%/yr for XLRE.
Performance
IWDP.AS vs. XLRE - Performance Comparison
Loading charts...
Different Trading Currencies
IWDP.AS is traded in EUR, while XLRE is traded in USD. To make them comparable, the XLRE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, IWDP.AS achieves a 7.91% return, which is significantly lower than XLRE's 9.86% return. Over the past 10 years, IWDP.AS has underperformed XLRE with an annualized return of 2.95%, while XLRE has yielded a comparatively higher 6.46% 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%
XLRE
- 1D
- 0.26%
- 1M
- -0.59%
- YTD
- 9.86%
- 6M
- 8.41%
- 1Y
- 5.97%
- 3Y*
- 6.53%
- 5Y*
- 3.83%
- 10Y*
- 6.46%
IWDP.AS vs. XLRE - 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) | 7.91% | -3.33% | 6.79% | 5.38% | -19.61% | 36.11% | -17.19% | 23.60% | -1.01% | -2.62% |
XLRE Real Estate Select Sector SPDR Fund | 9.86% | -9.55% | 12.03% | 8.99% | -21.68% | 57.03% | -10.25% | 31.59% | 2.19% | -2.91% |
Correlation
The correlation between IWDP.AS and XLRE is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2015 | 0.58 |
The correlation between IWDP.AS and XLRE has been stable across timeframes, ranging from 0.54 to 0.59 - 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.
Return for Risk
IWDP.AS vs. XLRE — Risk / Return Rank
IWDP.AS
XLRE
IWDP.AS vs. XLRE - 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 Real Estate Select Sector SPDR Fund (XLRE). 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.AS | XLRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.09 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 0.83 | +0.27 |
| Martin ratioReturn relative to average drawdown | 3.24 | 1.81 | +1.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IWDP.AS | XLRE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.45 | +0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.21 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.31 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.33 | -0.16 |
Drawdowns
IWDP.AS vs. XLRE - Drawdown Comparison
The maximum IWDP.AS drawdown since its inception was -70.13%, which is greater than XLRE's maximum drawdown of -38.32%. Use the drawdown chart below to compare losses from any high point for IWDP.AS and XLRE.
Loading charts...
Drawdown Indicators
| IWDP.AS | XLRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.13% | -38.32% | -31.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.55% | -7.18% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -19.92% | -19.57% | -0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -29.88% | -31.19% | +1.31% |
Max Drawdown (10Y)Largest decline over 10 years | -41.55% | -38.32% | -3.23% |
Current DrawdownCurrent decline from peak | -7.03% | -7.83% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -15.78% | -10.50% | -5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 3.30% | -0.71% |
Volatility
IWDP.AS vs. XLRE - Volatility Comparison
iShares Developed Markets Property Yield UCITS ETF USD (Dist) (IWDP.AS) and Real Estate Select Sector SPDR Fund (XLRE) have volatilities of 3.54% and 3.39%, 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
| IWDP.AS | XLRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 3.39% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.15% | 9.67% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.90% | 13.23% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 18.41% | -4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 20.59% | -4.61% |
IWDP.AS vs. XLRE - Expense Ratio Comparison
IWDP.AS has a 0.59% expense ratio, which is higher than XLRE's 0.13% expense ratio.
Dividends
IWDP.AS vs. XLRE - Dividend Comparison
IWDP.AS's dividend yield for the trailing twelve months is around 3.01%, less than XLRE's 3.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XLRE Real Estate Select Sector SPDR Fund | 3.22% | 3.45% | 3.43% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% |
Frequently Asked Questions
IWDP.AS and XLRE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLRE is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLRE is cheaper with a 0.13% expense ratio, compared with 0.59% for IWDP.AS.
IWDP.AS tracks FTSE EPRA Nareit Global TR USD, while XLRE tracks Real Estate Select Sector Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.59% for IWDP.AS and 0.13% for XLRE.
Find the right allocation for IWDP.AS and XLRE
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