WPS vs. KBWY
WPS (iShares International Developed Property ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both REIT funds - WPS tracks the S&P Developed ex US Property Index while KBWY tracks the KBW Nasdaq Premium Yield Equity REIT Index. Both are passively managed. A 0.50 correlation means they provide meaningful diversification when combined. WPS charges 0.48%/yr vs 0.35%/yr for KBWY.
Performance
WPS vs. KBWY - Performance Comparison
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Returns By Period
WPS
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KBWY
- 1D
- 0.46%
- 1M
- 5.21%
- YTD
- 23.12%
- 6M
- 23.78%
- 1Y
- 26.05%
- 3Y*
- 12.15%
- 5Y*
- 2.95%
- 10Y*
- 1.51%
WPS vs. KBWY - 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% |
KBWY Invesco KBW Premium Yield Equity REIT ETF | 23.12% | -5.30% | -3.49% | 12.88% | -19.00% | 31.22% | -25.83% | 23.36% | -18.20% | 0.81% |
Correlation
The correlation between WPS and KBWY is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2010 | 0.50 |
The correlation between WPS and KBWY has been stable across timeframes, ranging from 0.41 to 0.50 - a consistent structural relationship.
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Return for Risk
WPS vs. KBWY — Risk / Return Rank
WPS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KBWY
WPS vs. KBWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares International Developed Property ETF (WPS) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WPS | KBWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.83 | — |
| Martin ratioReturn relative to average drawdown | — | 6.73 | — |
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Drawdowns
WPS vs. KBWY - Drawdown Comparison
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Drawdown Indicators
| WPS | KBWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -57.68% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.24% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.29% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.68% | — |
Current DrawdownCurrent decline from peak | — | -6.21% | — |
Average DrawdownAverage peak-to-trough decline | — | -14.15% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.88% | — |
Volatility
WPS vs. KBWY - Volatility Comparison
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Volatility by Period
| WPS | KBWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.86% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 16.76% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 21.61% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 27.07% | — |
WPS vs. KBWY - Expense Ratio Comparison
WPS has a 0.48% expense ratio, which is higher than KBWY's 0.35% expense ratio.
Dividends
WPS vs. KBWY - Dividend Comparison
WPS has not paid dividends to shareholders, while KBWY's dividend yield for the trailing twelve months is around 8.24%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KBWY Invesco KBW Premium Yield Equity REIT ETF | 8.24% | 9.79% | 8.74% | 7.90% | 7.41% | 5.05% | 10.35% | 6.19% | 8.64% | 7.25% | 6.55% | 5.72% |
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
WPS and KBWY have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KBWY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KBWY is cheaper with a 0.35% expense ratio, compared with 0.48% for WPS.
KBWY has the higher dividend yield at 8.24%, compared with 0.00% for WPS.
WPS tracks S&P Developed ex US Property Index, while KBWY tracks KBW Nasdaq Premium Yield Equity REIT Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.48% for WPS and 0.35% for KBWY.
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