ESIE.DE vs. SC0V.DE
ESIE.DE (iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc)) and SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) are both Energy Equities funds - ESIE.DE tracks the MSCI World/Energy NR USD while SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas. Both are passively managed. Over the past 5 years, ESIE.DE returned 19.66%/yr vs 19.52%/yr for SC0V.DE. Their correlation of 0.93 suggests significant overlap in exposure. ESIE.DE charges 0.18%/yr vs 0.20%/yr for SC0V.DE.
Performance
ESIE.DE vs. SC0V.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with ESIE.DE having a 35.70% return and SC0V.DE slightly lower at 34.01%.
ESIE.DE
- 1D
- -1.24%
- 1M
- -2.61%
- YTD
- 35.70%
- 6M
- 31.40%
- 1Y
- 55.16%
- 3Y*
- 17.75%
- 5Y*
- 19.66%
- 10Y*
- —
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%
ESIE.DE vs. SC0V.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ESIE.DE iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) | 35.70% | 15.26% | -6.63% | 8.58% | 35.56% | 35.47% | 6.12% |
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 5.37% | 30.86% | 20.64% | 7.97% |
Correlation
The correlation between ESIE.DE and SC0V.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2020 | 0.93 |
The correlation between ESIE.DE and SC0V.DE shifts across timeframes, from 0.83 (1 year) to 0.94 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ESIE.DE vs. SC0V.DE — Risk / Return Rank
ESIE.DE
SC0V.DE
ESIE.DE vs. SC0V.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.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.
| ESIE.DE | SC0V.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.54 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 7.93 | -3.47 |
| Martin ratioReturn relative to average drawdown | 14.31 | 28.20 | -13.89 |
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
| ESIE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 3.19 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.89 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.34 | +0.58 |
Drawdowns
ESIE.DE vs. SC0V.DE - Drawdown Comparison
The maximum ESIE.DE drawdown since its inception was -26.20%, smaller than the maximum SC0V.DE drawdown of -57.15%. Use the drawdown chart below to compare losses from any high point for ESIE.DE and SC0V.DE.
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Drawdown Indicators
| ESIE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.20% | -57.15% | +30.95% |
Max Drawdown (1Y)Largest decline over 1 year | -12.33% | -7.35% | -4.98% |
Max Drawdown (3Y)Largest decline over 3 years | -26.20% | -22.22% | -3.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.20% | -22.22% | -3.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.15% | — |
Current DrawdownCurrent decline from peak | -6.72% | -5.05% | -1.67% |
Average DrawdownAverage peak-to-trough decline | -6.68% | -10.52% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 2.07% | +1.77% |
Volatility
ESIE.DE vs. SC0V.DE - Volatility Comparison
iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.DE) has a higher volatility of 7.06% compared to Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) at 6.07%. This indicates that ESIE.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
| ESIE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.06% | 6.07% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 19.84% | 14.92% | +4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.89% | 18.28% | +4.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.75% | 21.74% | +2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.16% | 23.93% | +0.23% |
ESIE.DE vs. SC0V.DE - Expense Ratio Comparison
ESIE.DE has a 0.18% expense ratio, which is lower than SC0V.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESIE.DE vs. SC0V.DE - Dividend Comparison
Neither ESIE.DE nor SC0V.DE has paid dividends to shareholders.
Frequently Asked Questions
ESIE.DE and SC0V.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0V.DE.
ESIE.DE tracks MSCI World/Energy NR USD, while SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.18% for ESIE.DE and 0.20% for SC0V.DE.
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