EMUX.DE vs. SC0D.DE
EMUX.DE (BNP Paribas Easy MSCI EMU ESG Filtered Min TE UCITS ETF) and SC0D.DE (Invesco EURO STOXX 50 UCITS ETF) are both Europe Equities funds - EMUX.DE tracks the MSCI EMU ESG Filtered Min TE while SC0D.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 5 years, EMUX.DE returned 10.17%/yr vs 11.35%/yr for SC0D.DE. With a 0.98 correlation, they move nearly in lockstep. EMUX.DE charges 0.15%/yr vs 0.05%/yr for SC0D.DE.
Performance
EMUX.DE vs. SC0D.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMUX.DE achieves a 8.53% return, which is significantly higher than SC0D.DE's 7.29% return.
EMUX.DE
- 1D
- 0.57%
- 1M
- 4.72%
- YTD
- 8.53%
- 6M
- 10.52%
- 1Y
- 17.64%
- 3Y*
- 15.40%
- 5Y*
- 10.17%
- 10Y*
- —
SC0D.DE
- 1D
- 0.74%
- 1M
- 4.75%
- YTD
- 7.29%
- 6M
- 8.67%
- 1Y
- 15.66%
- 3Y*
- 15.50%
- 5Y*
- 11.35%
- 10Y*
- 10.37%
EMUX.DE vs. SC0D.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMUX.DE BNP Paribas Easy MSCI EMU ESG Filtered Min TE UCITS ETF | 8.53% | 24.11% | 9.25% | 18.05% | -12.61% | 22.90% | -0.87% | 27.26% | -13.48% | 13.46% |
SC0D.DE Invesco EURO STOXX 50 UCITS ETF | 7.29% | 22.01% | 10.91% | 22.46% | -9.02% | 23.19% | -3.03% | 30.01% | -12.05% | 10.07% |
Correlation
The correlation between EMUX.DE and SC0D.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2016 | 0.98 |
The correlation between EMUX.DE and SC0D.DE has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
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Return for Risk
EMUX.DE vs. SC0D.DE — Risk / Return Rank
EMUX.DE
SC0D.DE
EMUX.DE vs. SC0D.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI EMU ESG Filtered Min TE UCITS ETF (EMUX.DE) and Invesco EURO STOXX 50 UCITS ETF (SC0D.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.
| EMUX.DE | SC0D.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.43 | +0.29 |
| Martin ratioReturn relative to average drawdown | 6.23 | 4.87 | +1.37 |
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
| EMUX.DE | SC0D.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 0.98 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.64 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.46 | +0.15 |
Drawdowns
EMUX.DE vs. SC0D.DE - Drawdown Comparison
The maximum EMUX.DE drawdown since its inception was -38.44%, roughly equal to the maximum SC0D.DE drawdown of -38.50%. Use the drawdown chart below to compare losses from any high point for EMUX.DE and SC0D.DE.
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Drawdown Indicators
| EMUX.DE | SC0D.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.44% | -38.50% | +0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -10.93% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -15.03% | -16.54% | +1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -23.38% | -1.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.50% | — |
Current DrawdownCurrent decline from peak | -0.53% | -0.53% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -7.22% | +1.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 3.21% | -0.39% |
Volatility
EMUX.DE vs. SC0D.DE - Volatility Comparison
The current volatility for BNP Paribas Easy MSCI EMU ESG Filtered Min TE UCITS ETF (EMUX.DE) is 4.57%, while Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) has a volatility of 4.94%. This indicates that EMUX.DE experiences smaller price fluctuations and is considered to be less risky than SC0D.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMUX.DE | SC0D.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 4.94% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 11.92% | 12.94% | -1.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.51% | 15.95% | -1.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 17.53% | -1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.59% | 18.27% | -1.68% |
EMUX.DE vs. SC0D.DE - Expense Ratio Comparison
EMUX.DE has a 0.15% expense ratio, which is higher than SC0D.DE's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EMUX.DE vs. SC0D.DE - Dividend Comparison
Neither EMUX.DE nor SC0D.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, EMUX.DE and SC0D.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SC0D.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0D.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for EMUX.DE.
EMUX.DE tracks MSCI EMU ESG Filtered Min TE, while SC0D.DE tracks EURO STOXX® 50. They also come from different issuers: BNP Paribas and Invesco. Their fees differ too: 0.15% for EMUX.DE and 0.05% for SC0D.DE.
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