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WDIV vs. IPRP.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

WDIV vs. IPRP.L

Last updated Jun 7, 2026

WDIV (SPDR S&P Global Dividend ETF) and IPRP.L (iShares European Property Yield UCITS ETF) are both exchange-traded funds - WDIV is a Global Equities fund tracking the S&P Global Dividend Aristocrats Index sp_43, while IPRP.L is a REIT fund tracking the FTSE EPRA Nareit Developed Europe TR EUR. Both are passively managed. Over the past 10 years, WDIV returned 7.23%/yr vs 0.50%/yr for IPRP.L. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.

Performance

WDIV vs. IPRP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Global Dividend ETF (WDIV) and iShares European Property Yield UCITS ETF (IPRP.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

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

Returns By Period

In the year-to-date period, WDIV achieves a 7.69% return, which is significantly higher than IPRP.L's -2.52% return. Over the past 10 years, WDIV has outperformed IPRP.L with an annualized return of 7.23%, while IPRP.L has yielded a comparatively lower 0.50% annualized return.

WDIV

1D
-1.14%
1M
-0.38%
YTD
7.69%
6M
9.59%
1Y
20.15%
3Y*
16.63%
5Y*
7.47%
10Y*
7.23%

IPRP.L

1D
-1.84%
1M
-4.71%
YTD
-2.52%
6M
-0.50%
1Y
-1.57%
3Y*
12.99%
5Y*
-5.39%
10Y*
0.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WDIV vs. IPRP.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
WDIV
SPDR S&P Global Dividend ETF		7.69%27.16%7.61%8.21%-6.92%14.44%-10.18%20.12%-8.81%19.03%
IPRP.L
iShares European Property Yield UCITS ETF		-2.52%22.21%-6.55%21.51%-40.83%0.96%-0.89%23.20%-10.72%30.48%

Correlation

The correlation between WDIV and IPRP.L is 0.51, 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

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.55

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since May 31, 2013

0.51

The correlation between WDIV and IPRP.L has been stable across timeframes, ranging from 0.51 to 0.56 - a consistent structural relationship.

WDIV vs. IPRP.L - Sectors Allocation Comparison

Sectors
WDIV
IPRP.L

Financial Services

23.1%

-

Utilities

13.8%

-

Real Estate

13.3%
100.0%

Industrials

12.1%

-

Communication Services

9.8%

-

Energy

7.1%

-

Consumer Defensive

6.4%

-

Healthcare

4.6%

-

Consumer Cyclical

3.9%

-

Basic Materials

3.1%

-

Technology

2.9%

-

Financial Services

WDIV
23.1%
IPRP.L

-

Utilities

WDIV
13.8%
IPRP.L

-

Real Estate

WDIV
13.3%
IPRP.L
100.0%

Industrials

WDIV
12.1%
IPRP.L

-

Communication Services

WDIV
9.8%
IPRP.L

-

Energy

WDIV
7.1%
IPRP.L

-

Consumer Defensive

WDIV
6.4%
IPRP.L

-

Healthcare

WDIV
4.6%
IPRP.L

-

Consumer Cyclical

WDIV
3.9%
IPRP.L

-

Basic Materials

WDIV
3.1%
IPRP.L

-

Technology

WDIV
2.9%
IPRP.L

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR S&P Global Dividend ETF

iShares European Property Yield UCITS ETF

Often compared with WDIV:
WDIV vs. SCHDWDIV vs. SCHYWDIV vs. VYMWDIV vs. WLDRWDIV vs. VIGIWDIV vs. SPYWDIV vs. IVV
Often compared with IPRP.L:
IPRP.L vs. IUSP.LIPRP.L vs. IEUSIPRP.L vs. VNQIPRP.L vs. IDWP.LIPRP.L vs. AYEP.DEIPRP.L vs. XDER.LIPRP.L vs. IJS

Return for Risk

WDIV vs. IPRP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
WDIV
WDIV Risk / Return Rank: 5959
Overall Rank
WDIV Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
WDIV Sortino Ratio Rank: 6666
Sortino Ratio Rank
WDIV Omega Ratio Rank: 6262
Omega Ratio Rank
WDIV Calmar Ratio Rank: 5151
Calmar Ratio Rank
WDIV Martin Ratio Rank: 5353
Martin Ratio Rank
IPRP.L
IPRP.L Risk / Return Rank: 99
Overall Rank
IPRP.L Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
IPRP.L Sortino Ratio Rank: 99
Sortino Ratio Rank
IPRP.L Omega Ratio Rank: 99
Omega Ratio Rank
IPRP.L Calmar Ratio Rank: 1010
Calmar Ratio Rank
IPRP.L Martin Ratio Rank: 99
Martin Ratio Rank
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.

WDIV vs. IPRP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Dividend ETF (WDIV) 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.

WDIVIPRP.LDifference
Sharpe ratioReturn per unit of total volatility
2.04
-0.11

+2.15

Sortino ratioReturn per unit of downside risk
2.93
-0.03

+2.97

Omega ratioGain probability vs. loss probability

1.36

1.00

+0.37

Calmar ratioReturn relative to maximum drawdown

2.43

-0.10

+2.53

Martin ratioReturn relative to average drawdown

8.95

-0.26

+9.21

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WDIV vs. IPRP.L - Sharpe Ratio Comparison

The current WDIV Sharpe Ratio is 2.04, which is higher than the IPRP.L Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of WDIV and IPRP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

WDIVIPRP.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.04

-0.11

+2.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

-0.22

+0.81

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.02

+0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.05

+0.41

Drawdowns

WDIV vs. IPRP.L - Drawdown Comparison

The maximum WDIV drawdown since its inception was -42.34%, smaller than the maximum IPRP.L drawdown of -73.26%. Use the drawdown chart below to compare losses from any high point for WDIV and IPRP.L.

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Drawdown Indicators

WDIVIPRP.LDifference

Max Drawdown

Largest peak-to-trough decline

-42.34%

-73.26%

+30.92%

Max Drawdown (1Y)

Largest decline over 1 year

-8.61%

-17.54%

+8.93%

Max Drawdown (3Y)

Largest decline over 3 years

-11.26%

-20.80%

+9.54%

Max Drawdown (5Y)

Largest decline over 5 years

-22.12%

-58.02%

+35.90%

Max Drawdown (10Y)

Largest decline over 10 years

-42.34%

-58.02%

+15.68%

Current Drawdown

Current decline from peak

-1.72%

-27.98%

+26.26%

Average Drawdown

Average peak-to-trough decline

-5.85%

-20.08%

+14.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.34%

6.84%

-4.50%

Volatility

WDIV vs. IPRP.L - Volatility Comparison

The current volatility for SPDR S&P Global Dividend ETF (WDIV) is 2.97%, while iShares European Property Yield UCITS ETF (IPRP.L) has a volatility of 4.75%. This indicates that WDIV experiences smaller price fluctuations and is considered to be less risky than IPRP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

WDIVIPRP.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.97%

4.75%

-1.78%

Volatility (6M)

Calculated over the trailing 6-month period

8.12%

14.04%

-5.92%

Volatility (1Y)

Calculated over the trailing 1-year period

10.26%

16.89%

-6.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.77%

24.18%

-11.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.39%

21.44%

-6.05%

WDIV vs. IPRP.L - Expense Ratio Comparison

Both WDIV and IPRP.L have an expense ratio of 0.40%.

Dividends

WDIV vs. IPRP.L - Dividend Comparison

WDIV's dividend yield for the trailing twelve months is around 4.06%, more than IPRP.L's 2.89% yield.

PositionTTM20252024202320222021202020192018201720162015
IPRP.L
iShares European Property Yield UCITS ETF		2.89%2.83%2.79%2.62%4.20%2.11%2.68%3.07%3.24%2.81%2.49%2.59%
WDIV
SPDR S&P Global Dividend ETF		4.06%4.27%4.63%4.73%5.12%4.15%5.55%3.99%4.42%3.62%4.32%5.03%

Frequently Asked Questions

WDIV and IPRP.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.40% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

WDIV and IPRP.L have the same expense ratio: 0.40% per year.

WDIV is categorized as Global Equities, while IPRP.L is REIT. WDIV tracks S&P Global Dividend Aristocrats Index sp_43, while IPRP.L tracks FTSE EPRA Nareit Developed Europe TR EUR. They also come from different issuers: State Street and iShares.

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