UKRE.L vs. IUKP.L
Compare and contrast key facts about iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) and iShares UK Property UCITS ETF (IUKP.L).
UKRE.L and IUKP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UKRE.L is a passively managed fund by iShares that tracks the performance of the MSCI UK IMI Liquid Real Estate Index. It was launched on Mar 16, 2015. IUKP.L is a passively managed fund by iShares that tracks the performance of the FTSE EPRA/NAREIT United Kingdom. It was launched on Mar 16, 2007. Both UKRE.L and IUKP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UKRE.L or IUKP.L.
Key characteristics
| UKRE.L | IUKP.L | |
|---|---|---|
| YTD Return | -3.58% | -6.01% |
| 1Y Return | 4.64% | 6.66% |
| 3Y Return (Ann) | -6.76% | -9.41% |
| 5Y Return (Ann) | -2.23% | -3.76% |
| Sharpe Ratio | 0.43 | 0.39 |
| Sortino Ratio | 0.75 | 0.74 |
| Omega Ratio | 1.08 | 1.08 |
| Calmar Ratio | 0.20 | 0.20 |
| Martin Ratio | 1.49 | 1.40 |
| Ulcer Index | 3.57% | 5.20% |
| Daily Std Dev | 12.53% | 18.72% |
| Max Drawdown | -31.82% | -79.72% |
| Current Drawdown | -22.19% | -31.32% |
Correlation
The correlation between UKRE.L and IUKP.L is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
UKRE.L vs. IUKP.L - Performance Comparison
In the year-to-date period, UKRE.L achieves a -3.58% return, which is significantly higher than IUKP.L's -6.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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UKRE.L vs. IUKP.L - Expense Ratio Comparison
Both UKRE.L and IUKP.L have an expense ratio of 0.40%.
Risk-Adjusted Performance
UKRE.L vs. IUKP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) and iShares UK Property UCITS ETF (IUKP.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.
Dividends
UKRE.L vs. IUKP.L - Dividend Comparison
UKRE.L's dividend yield for the trailing twelve months is around 7.42%, more than IUKP.L's 4.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UKRE.L iShares MSCI Target UK Real Estate UCITS ETF | 7.42% | 5.22% | 1.90% | 0.86% | 1.45% | 2.09% | 2.60% | 2.32% | 1.76% | 0.86% | 0.00% | 0.00% |
IUKP.L iShares UK Property UCITS ETF | 4.07% | 3.53% | 3.63% | 2.01% | 1.94% | 2.78% | 3.72% | 3.05% | 2.72% | 2.39% | 2.06% | 2.27% |
Drawdowns
UKRE.L vs. IUKP.L - Drawdown Comparison
The maximum UKRE.L drawdown since its inception was -31.82%, smaller than the maximum IUKP.L drawdown of -79.72%. Use the drawdown chart below to compare losses from any high point for UKRE.L and IUKP.L. For additional features, visit the drawdowns tool.
Volatility
UKRE.L vs. IUKP.L - Volatility Comparison
The current volatility for iShares MSCI Target UK Real Estate UCITS ETF (UKRE.L) is 4.46%, while iShares UK Property UCITS ETF (IUKP.L) has a volatility of 5.98%. This indicates that UKRE.L experiences smaller price fluctuations and is considered to be less risky than IUKP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.