IWDP.L vs. VEVE.L
IWDP.L (iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP) and VEVE.L (Vanguard FTSE Developed World UCITS ETF Distributing) are both exchange-traded funds - IWDP.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD, while VEVE.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, IWDP.L returned 4.14%/yr vs 14.06%/yr for VEVE.L. A 0.63 correlation means they provide meaningful diversification when combined. IWDP.L charges 0.59%/yr vs 0.12%/yr for VEVE.L.
Performance
IWDP.L vs. VEVE.L - Performance Comparison
Loading charts...
Different Trading Currencies
IWDP.L is traded in GBp, while VEVE.L is traded in GBP. To make them comparable, the VEVE.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with IWDP.L having a 10.36% return and VEVE.L slightly higher at 10.77%. Over the past 10 years, IWDP.L has underperformed VEVE.L with an annualized return of 4.14%, while VEVE.L has yielded a comparatively higher 14.06% annualized return.
IWDP.L
- 1D
- 0.87%
- 1M
- 2.03%
- YTD
- 10.36%
- 6M
- 11.23%
- 1Y
- 14.79%
- 3Y*
- 7.08%
- 5Y*
- 1.91%
- 10Y*
- 4.14%
VEVE.L
- 1D
- 1.79%
- 1M
- 0.63%
- YTD
- 10.77%
- 6M
- 11.37%
- 1Y
- 28.30%
- 3Y*
- 17.81%
- 5Y*
- 12.89%
- 10Y*
- 14.06%
IWDP.L vs. VEVE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWDP.L iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP | 10.36% | 1.72% | 1.23% | 3.99% | -14.93% | 26.93% | -12.50% | 17.32% | -0.09% | 1.36% |
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 10.77% | 13.81% | 20.22% | 17.46% | -8.34% | 22.68% | 12.44% | 22.89% | -4.39% | 12.62% |
Correlation
The correlation between IWDP.L and VEVE.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2014 | 0.63 |
Over the past year, the correlation between IWDP.L and VEVE.L has dropped to 0.43 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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.L vs. VEVE.L — Risk / Return Rank
IWDP.L
VEVE.L
IWDP.L vs. VEVE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP (IWDP.L) and Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.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.
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.L | VEVE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.49 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 3.96 | -2.33 |
| Martin ratioReturn relative to average drawdown | 5.06 | 15.94 | -10.88 |
Loading charts...
Drawdowns
IWDP.L vs. VEVE.L - Drawdown Comparison
The maximum IWDP.L drawdown since its inception was -59.16%, which is greater than VEVE.L's maximum drawdown of -25.53%. Use the drawdown chart below to compare losses from any high point for IWDP.L and VEVE.L.
Loading charts...
Drawdown Indicators
| IWDP.L | VEVE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.16% | -25.53% | -33.63% |
Max Drawdown (1Y)Largest decline over 1 year | -8.61% | -6.94% | -1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.50% | -18.34% | +1.84% |
Max Drawdown (5Y)Largest decline over 5 years | -26.31% | -18.34% | -7.97% |
Max Drawdown (10Y)Largest decline over 10 years | -35.61% | -25.53% | -10.08% |
Current DrawdownCurrent decline from peak | -0.24% | -1.32% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -11.12% | -3.41% | -7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 1.73% | +1.05% |
Volatility
IWDP.L vs. VEVE.L - Volatility Comparison
The current volatility for iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP (IWDP.L) is 3.06%, while Vanguard FTSE Developed World UCITS ETF Distributing (VEVE.L) has a volatility of 3.53%. This indicates that IWDP.L experiences smaller price fluctuations and is considered to be less risky than VEVE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IWDP.L | VEVE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 3.53% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.53% | 7.96% | +0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 10.64% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.77% | 13.14% | +0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 14.35% | +1.21% |
IWDP.L vs. VEVE.L - Expense Ratio Comparison
IWDP.L has a 0.59% expense ratio, which is higher than VEVE.L's 0.12% expense ratio.
Dividends
IWDP.L vs. VEVE.L - Dividend Comparison
IWDP.L's dividend yield for the trailing twelve months is around 2.93%, more than VEVE.L's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWDP.L iShares Developed Markets Property Yield UCITS ETF USD (Dist) GBP | 2.93% | 3.14% | 3.18% | 3.14% | 3.56% | 2.17% | 3.11% | 3.03% | 3.82% | 3.05% | 2.96% | 2.93% |
VEVE.L Vanguard FTSE Developed World UCITS ETF Distributing | 1.24% | 1.38% | 1.48% | 1.71% | 1.98% | 1.46% | 1.62% | 1.95% | 2.24% | 1.93% | 1.88% | 2.03% |
Frequently Asked Questions
IWDP.L and VEVE.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEVE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEVE.L is cheaper with a 0.12% expense ratio, compared with 0.59% for IWDP.L.
IWDP.L is categorized as REIT, while VEVE.L is Global Equities. IWDP.L tracks FTSE EPRA Nareit Global TR USD, while VEVE.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.59% for IWDP.L and 0.12% for VEVE.L.
Find the right allocation for IWDP.L and VEVE.L
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