AMEE.DE vs. SC0V.DE
AMEE.DE (Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc) and SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) are both Energy Equities funds - AMEE.DE tracks the Bloomberg Hydrogen ESG while SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas. Both are passively managed. Over the past 10 years, AMEE.DE returned 15.13%/yr vs 11.36%/yr for SC0V.DE. Their correlation of 0.86 suggests significant overlap in exposure. AMEE.DE charges 0.45%/yr vs 0.20%/yr for SC0V.DE.
Performance
AMEE.DE vs. SC0V.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AMEE.DE achieves a 27.83% return, which is significantly lower than SC0V.DE's 34.01% return. Over the past 10 years, AMEE.DE has outperformed SC0V.DE with an annualized return of 15.13%, while SC0V.DE has yielded a comparatively lower 11.36% annualized return.
AMEE.DE
- 1D
- -0.87%
- 1M
- -2.39%
- YTD
- 27.83%
- 6M
- 26.99%
- 1Y
- 61.42%
- 3Y*
- 32.97%
- 5Y*
- 28.59%
- 10Y*
- 15.13%
SC0V.DE
- 1D
- -0.63%
- 1M
- -5.05%
- YTD
- 34.01%
- 6M
- 31.68%
- 1Y
- 58.57%
- 3Y*
- 21.14%
- 5Y*
- 19.52%
- 10Y*
- 11.36%
AMEE.DE vs. SC0V.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMEE.DE Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc | 27.83% | 37.58% | 15.56% | 12.19% | 35.81% | 34.64% | -31.29% | 10.32% | -0.78% | 5.51% |
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 5.37% | 30.86% | 20.64% | -20.83% | 10.41% | -0.18% | 2.31% |
Correlation
The correlation between AMEE.DE and SC0V.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2011 | 0.86 |
Over the past year, the correlation between AMEE.DE and SC0V.DE has dropped to 0.35 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.
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Return for Risk
AMEE.DE vs. SC0V.DE — Risk / Return Rank
AMEE.DE
SC0V.DE
AMEE.DE vs. SC0V.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) and Invesco European Oil & Gas Sector UCITS ETF (SC0V.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.
| AMEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.54 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 7.71 | 7.93 | -0.21 |
| Martin ratioReturn relative to average drawdown | 23.88 | 28.20 | -4.33 |
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
| AMEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.24 | 3.19 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.89 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.47 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.34 | +0.06 |
Drawdowns
AMEE.DE vs. SC0V.DE - Drawdown Comparison
The maximum AMEE.DE drawdown since its inception was -59.14%, roughly equal to the maximum SC0V.DE drawdown of -57.15%. Use the drawdown chart below to compare losses from any high point for AMEE.DE and SC0V.DE.
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Drawdown Indicators
| AMEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.14% | -57.15% | -1.99% |
Max Drawdown (1Y)Largest decline over 1 year | -7.92% | -7.35% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -15.74% | -22.22% | +6.48% |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | -22.22% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -59.14% | -57.15% | -1.99% |
Current DrawdownCurrent decline from peak | -3.54% | -5.05% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -10.65% | -10.52% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 2.07% | +0.49% |
Volatility
AMEE.DE vs. SC0V.DE - Volatility Comparison
Amundi Global Hydrogen ESG Screened UCITS ETF EUR Acc (AMEE.DE) has a higher volatility of 7.10% compared to Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) at 6.07%. This indicates that AMEE.DE's price experiences larger fluctuations and is considered to be riskier than SC0V.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 6.07% | +1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 14.18% | 14.92% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.89% | 18.28% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.25% | 21.74% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.74% | 23.93% | +1.81% |
AMEE.DE vs. SC0V.DE - Expense Ratio Comparison
AMEE.DE has a 0.45% expense ratio, which is higher than SC0V.DE's 0.20% expense ratio.
Dividends
AMEE.DE vs. SC0V.DE - Dividend Comparison
Neither AMEE.DE nor SC0V.DE has paid dividends to shareholders.
Frequently Asked Questions
AMEE.DE and SC0V.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0V.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0V.DE is cheaper with a 0.20% expense ratio, compared with 0.45% for AMEE.DE.
AMEE.DE tracks Bloomberg Hydrogen ESG, while SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.45% for AMEE.DE and 0.20% for SC0V.DE.
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