UKPH.DE vs. EUNL.DE
UKPH.DE (iShares UK Property UCITS ETF (EUR Hedged) Acc) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - UKPH.DE is a REIT fund tracking the FTSE EPRA/NAREIT United Kingdom (EUR Hedged), while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 3 years, UKPH.DE returned -1.16%/yr vs 17.55%/yr for EUNL.DE. At a 0.38 correlation, their price movements are largely independent. UKPH.DE charges 0.42%/yr vs 0.20%/yr for EUNL.DE.
Performance
UKPH.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UKPH.DE achieves a -1.89% return, which is significantly lower than EUNL.DE's 10.86% return.
UKPH.DE
- 1D
- 1.34%
- 1M
- -0.21%
- YTD
- -1.89%
- 6M
- -0.66%
- 1Y
- -1.75%
- 3Y*
- -1.16%
- 5Y*
- —
- 10Y*
- —
EUNL.DE
- 1D
- 0.02%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.29%
- 1Y
- 23.80%
- 3Y*
- 17.55%
- 5Y*
- 12.89%
- 10Y*
- 12.82%
UKPH.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
UKPH.DE iShares UK Property UCITS ETF (EUR Hedged) Acc | -1.89% | 7.71% | -14.33% | 8.55% | -23.13% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -1.84% |
Correlation
The correlation between UKPH.DE and EUNL.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since May 23, 2022 | 0.38 |
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Return for Risk
UKPH.DE vs. EUNL.DE — Risk / Return Rank
UKPH.DE
EUNL.DE
UKPH.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares UK Property UCITS ETF (EUR Hedged) Acc (UKPH.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
| UKPH.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.40 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 3.64 | -3.76 |
| Martin ratioReturn relative to average drawdown | -0.29 | 14.52 | -14.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| UKPH.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 2.12 | -2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.31 | 0.82 | -1.13 |
Drawdowns
UKPH.DE vs. EUNL.DE - Drawdown Comparison
The maximum UKPH.DE drawdown since its inception was -36.06%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for UKPH.DE and EUNL.DE.
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Drawdown Indicators
| UKPH.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.06% | -33.63% | -2.43% |
Max Drawdown (1Y)Largest decline over 1 year | -17.69% | -6.50% | -11.19% |
Max Drawdown (3Y)Largest decline over 3 years | -23.56% | -21.73% | -1.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.63% | — |
Current DrawdownCurrent decline from peak | -26.71% | -0.31% | -26.40% |
Average DrawdownAverage peak-to-trough decline | -24.07% | -4.25% | -19.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.45% | 1.64% | +5.81% |
Volatility
UKPH.DE vs. EUNL.DE - Volatility Comparison
iShares UK Property UCITS ETF (EUR Hedged) Acc (UKPH.DE) has a higher volatility of 5.86% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that UKPH.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UKPH.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 2.62% | +3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 15.30% | 7.72% | +7.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.73% | 11.16% | +7.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.48% | 14.17% | +7.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.48% | 15.17% | +6.31% |
UKPH.DE vs. EUNL.DE - Expense Ratio Comparison
UKPH.DE has a 0.42% expense ratio, which is higher than EUNL.DE's 0.20% expense ratio.
Dividends
UKPH.DE vs. EUNL.DE - Dividend Comparison
Neither UKPH.DE nor EUNL.DE has paid dividends to shareholders.
Frequently Asked Questions
UKPH.DE and EUNL.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNL.DE is cheaper with a 0.20% expense ratio, compared with 0.42% for UKPH.DE.
UKPH.DE is categorized as REIT, while EUNL.DE is Global Equities. UKPH.DE tracks FTSE EPRA/NAREIT United Kingdom (EUR Hedged), while EUNL.DE tracks MSCI World Index. Their fees differ too: 0.42% for UKPH.DE and 0.20% for EUNL.DE.
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