URW.AX vs. IPRP.L

Last updated Jun 5, 2026

URW.AX (Unibail-Rodamco-Westfield SE) is a stock, while IPRP.L (iShares European Property Yield UCITS ETF) is REIT fund tracking the FTSE EPRA Nareit Developed Europe TR EUR. At a 0.09 correlation, their price movements are largely independent.

Performance

URW.AX vs. IPRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Unibail-Rodamco-Westfield SE (URW.AX) and iShares European Property Yield UCITS ETF (IPRP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

URW.AX is traded in AUD, while IPRP.L is traded in GBp. To make them comparable, the IPRP.L values have been converted to AUD using the latest available exchange rates.

Returns By Period

URW.AX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPRP.L

• 1D: 0.61%
• 1M: -3.05%
• YTD: -7.10%
• 6M: -5.65%
• 1Y: -8.34%
• 3Y*: 11.55%
• 5Y*: -2.98%
• 10Y*: 1.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

URW.AX vs. IPRP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
URW.AX Unibail-Rodamco-Westfield SE	0.00%	35.38%	15.79%	39.90%	-19.08%	-6.47%	-44.69%	18.36%	-27.26%
IPRP.L iShares European Property Yield UCITS ETF	-7.10%	13.88%	3.37%	22.26%	-36.53%	7.25%	-9.33%	24.28%	-2.99%

Correlation

The correlation between URW.AX and IPRP.L is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jun 1, 2018	0.09

The correlation between URW.AX and IPRP.L shifts across timeframes, from -0.02 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

URW.AX vs. IPRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IPRP.L

IPRP.L Risk / Return Rank: 10
IPRP.L Sharpe Ratio Rank: 11
IPRP.L Sortino Ratio Rank: 10
IPRP.L Omega Ratio Rank: 10
IPRP.L Calmar Ratio Rank: 10
IPRP.L Martin Ratio Rank: 10

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.

URW.AX vs. IPRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unibail-Rodamco-Westfield SE (URW.AX) and iShares European Property Yield UCITS ETF (IPRP.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	URW.AX	IPRP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.55	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.14	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.12	—

Drawdowns

Drawdown Indicators

	URW.AX	IPRP.L	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.23%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.60%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-51.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.12%	—
Current Drawdown Current decline from peak	—	-24.70%	—
Average Drawdown Average peak-to-trough decline	—	-17.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.89%	—

Volatility

Volatility by Period

	URW.AX	IPRP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.48%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.03%	—

Dividends

URW.AX vs. IPRP.L - Dividend Comparison

URW.AX has not paid dividends to shareholders, while IPRP.L's dividend yield for the trailing twelve months is around 3.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPRP.L iShares European Property Yield UCITS ETF	3.34%	3.32%	3.30%	3.05%	4.90%	2.47%	2.96%	3.46%	3.70%	3.20%	3.07%	3.60%
URW.AX Unibail-Rodamco-Westfield SE	0.00%	0.00%	3.99%	0.00%	0.00%	0.00%	17.26%	12.19%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both URW.AX and IPRP.L in my portfolio?

URW.AX and IPRP.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.