WPS vs. GLD

Last updated Jun 4, 2026

WPS (iShares International Developed Property ETF) and GLD (SPDR Gold Shares) are both exchange-traded funds - WPS is a REIT fund tracking the S&P Developed ex US Property Index, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. At a 0.16 correlation, their price movements are largely independent. WPS charges 0.48%/yr vs 0.40%/yr for GLD.

Performance

WPS vs. GLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Developed Property ETF (WPS) and SPDR Gold Shares (GLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WPS

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

GLD

• 1D: -0.99%
• 1M: -1.65%
• YTD: 2.92%
• 6M: 5.43%
• 1Y: 32.04%
• 3Y*: 31.09%
• 5Y*: 18.15%
• 10Y*: 13.12%

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

WPS vs. GLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WPS iShares International Developed Property ETF	0.00%	0.00%	-3.59%	7.43%	-24.74%	9.05%	-5.36%	20.34%	-9.03%	22.86%
GLD SPDR Gold Shares	2.92%	63.68%	26.66%	12.69%	-0.77%	-4.15%	24.81%	17.86%	-1.94%	12.81%

Correlation

The correlation between WPS and GLD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.19
Correlation (All Time) Calculated using the full available price history since Aug 8, 2007	0.16

WPS vs. GLD - Sectors Allocation Comparison

Sectors	WPS	GLD
Real Estate	100.0%	-
Basic Materials	-	100.0%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Technology	-	-
Utilities	-	-

Return for Risk

WPS vs. GLD — Risk / Return Rank

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

GLD

GLD Risk / Return Rank: 32
GLD Sharpe Ratio Rank: 32
GLD Sortino Ratio Rank: 29
GLD Omega Ratio Rank: 35
GLD Calmar Ratio Rank: 33
GLD Martin Ratio Rank: 28

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.

WPS vs. GLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Developed Property ETF (WPS) and SPDR Gold Shares (GLD). 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

	WPS	GLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.21	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.60	—

Drawdowns

Drawdown Indicators

	WPS	GLD	Difference
Max Drawdown Largest peak-to-trough decline	—	-45.56%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-19.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.03%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.00%	—
Current Drawdown Current decline from peak	—	-17.75%	—
Average Drawdown Average peak-to-trough decline	—	-16.16%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.73%	—

Volatility

Volatility by Period

	WPS	GLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	26.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.00%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.95%	—

WPS vs. GLD - Expense Ratio Comparison

WPS has a 0.48% expense ratio, which is higher than GLD's 0.40% expense ratio.

Dividends

WPS vs. GLD - Dividend Comparison

Neither WPS nor GLD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLD SPDR Gold Shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WPS iShares International Developed Property ETF	0.00%	0.00%	2.48%	2.38%	2.63%	4.36%	2.31%	6.81%	4.45%	4.31%	5.73%	3.20%

Frequently Asked Questions

Can I hold both WPS and GLD in my portfolio?

WPS and GLD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WPS or GLD?

On fees, GLD is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WPS or GLD?

GLD is cheaper with a 0.40% expense ratio, compared with 0.48% for WPS.

Which ETF pays a higher dividend yield, WPS or GLD?

WPS and GLD have nearly identical dividend yields, around 0.00%.

What is the main difference between WPS and GLD?

WPS is categorized as REIT, while GLD is Gold. WPS tracks S&P Developed ex US Property Index, while GLD tracks LBMA Gold Price PM. They also come from different issuers: iShares and State Street. Their fees differ too: 0.48% for WPS and 0.40% for GLD.