WTER.DE vs. UKPH.DE
WTER.DE (WisdomTree New Economy Real Estate UCITS ETF USD Dist) and UKPH.DE (iShares UK Property UCITS ETF (EUR Hedged) Acc) are both REIT funds - WTER.DE tracks the CenterSquare New Economy Real Estate while UKPH.DE tracks the FTSE EPRA/NAREIT United Kingdom (EUR Hedged). Both are passively managed. Over the past 3 years, WTER.DE returned 16.33%/yr vs -1.16%/yr for UKPH.DE. A 0.53 correlation means they provide meaningful diversification when combined. WTER.DE charges 0.45%/yr vs 0.42%/yr for UKPH.DE.
Performance
WTER.DE vs. UKPH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, WTER.DE achieves a 23.54% return, which is significantly higher than UKPH.DE's -1.89% return.
WTER.DE
- 1D
- -1.17%
- 1M
- 6.84%
- YTD
- 23.54%
- 6M
- 21.31%
- 1Y
- 44.53%
- 3Y*
- 16.33%
- 5Y*
- —
- 10Y*
- —
UKPH.DE
- 1D
- 1.34%
- 1M
- 3.00%
- YTD
- -1.89%
- 6M
- -1.39%
- 1Y
- -2.14%
- 3Y*
- -1.16%
- 5Y*
- —
- 10Y*
- —
WTER.DE vs. UKPH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WTER.DE WisdomTree New Economy Real Estate UCITS ETF USD Dist | 23.54% | 17.11% | 0.49% | 9.28% | -14.45% |
UKPH.DE iShares UK Property UCITS ETF (EUR Hedged) Acc | -1.89% | 7.71% | -14.33% | 8.55% | -23.13% |
Correlation
The correlation between WTER.DE and UKPH.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since May 23, 2022 | 0.53 |
The correlation between WTER.DE and UKPH.DE shifts across timeframes, from 0.37 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WTER.DE vs. UKPH.DE — Risk / Return Rank
WTER.DE
UKPH.DE
WTER.DE vs. UKPH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree New Economy Real Estate UCITS ETF USD Dist (WTER.DE) and iShares UK Property UCITS ETF (EUR Hedged) Acc (UKPH.DE). 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.
| WTER.DE | UKPH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +3.08 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.00 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | -0.12 | +3.40 |
| Martin ratioReturn relative to average drawdown | 8.88 | -0.29 | +9.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTER.DE | UKPH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | -0.11 | +2.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | -0.31 | +0.67 |
Drawdowns
WTER.DE vs. UKPH.DE - Drawdown Comparison
The maximum WTER.DE drawdown since its inception was -32.93%, smaller than the maximum UKPH.DE drawdown of -36.06%. Use the drawdown chart below to compare losses from any high point for WTER.DE and UKPH.DE.
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Drawdown Indicators
| WTER.DE | UKPH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.93% | -36.06% | +3.13% |
Max Drawdown (1Y)Largest decline over 1 year | -13.49% | -17.69% | +4.20% |
Max Drawdown (3Y)Largest decline over 3 years | -23.54% | -23.56% | +0.02% |
Current DrawdownCurrent decline from peak | -2.35% | -26.71% | +24.36% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -24.07% | +7.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 7.45% | -2.45% |
Volatility
WTER.DE vs. UKPH.DE - Volatility Comparison
WisdomTree New Economy Real Estate UCITS ETF USD Dist (WTER.DE) has a higher volatility of 6.93% compared to iShares UK Property UCITS ETF (EUR Hedged) Acc (UKPH.DE) at 5.86%. This indicates that WTER.DE's price experiences larger fluctuations and is considered to be riskier than UKPH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTER.DE | UKPH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 5.86% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 14.11% | 15.30% | -1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 18.73% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 21.48% | -3.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 21.48% | -3.87% |
WTER.DE vs. UKPH.DE - Expense Ratio Comparison
WTER.DE has a 0.45% expense ratio, which is higher than UKPH.DE's 0.42% expense ratio.
Dividends
WTER.DE vs. UKPH.DE - Dividend Comparison
WTER.DE's dividend yield for the trailing twelve months is around 1.11%, while UKPH.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
UKPH.DE iShares UK Property UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WTER.DE WisdomTree New Economy Real Estate UCITS ETF USD Dist | 1.11% | 1.59% | 1.65% | 1.14% | 0.74% |
Frequently Asked Questions
WTER.DE and UKPH.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UKPH.DE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UKPH.DE is cheaper with a 0.42% expense ratio, compared with 0.45% for WTER.DE.
WTER.DE tracks CenterSquare New Economy Real Estate, while UKPH.DE tracks FTSE EPRA/NAREIT United Kingdom (EUR Hedged). They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.45% for WTER.DE and 0.42% for UKPH.DE.
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