ETLZ.DE vs. SC0K.DE
ETLZ.DE (L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc) and SC0K.DE (Invesco Russell 2000 UCITS ETF) are both Small Cap Blend Equities funds - ETLZ.DE tracks the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index while SC0K.DE tracks the Russell 2000®. Both are passively managed. Over the past 10 years, ETLZ.DE returned 10.75%/yr vs 10.15%/yr for SC0K.DE. Their correlation of 0.91 suggests significant overlap in exposure. ETLZ.DE charges 0.30%/yr vs 0.45%/yr for SC0K.DE.
Performance
ETLZ.DE vs. SC0K.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with ETLZ.DE having a 21.33% return and SC0K.DE slightly higher at 22.02%. Over the past 10 years, ETLZ.DE has outperformed SC0K.DE with an annualized return of 10.75%, while SC0K.DE has yielded a comparatively lower 10.15% annualized return.
ETLZ.DE
- 1D
- -0.66%
- 1M
- 1.72%
- 6M
- 15.70%
- YTD
- 21.33%
- 1Y
- 34.15%
- 3Y*
- 14.90%
- 5Y*
- 9.00%
- 10Y*
- 10.75%
SC0K.DE
- 1D
- 0.56%
- 1M
- 1.54%
- 6M
- 15.48%
- YTD
- 22.02%
- 1Y
- 37.05%
- 3Y*
- 16.17%
- 5Y*
- 8.08%
- 10Y*
- 10.15%
ETLZ.DE vs. SC0K.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETLZ.DE L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc | 21.33% | 0.32% | 15.12% | 16.03% | -14.22% | 30.61% | 8.11% | 28.84% | -9.27% | 0.58% |
SC0K.DE Invesco Russell 2000 UCITS ETF | 22.02% | 1.56% | 15.91% | 14.84% | -16.55% | 24.70% | 8.14% | 29.08% | -9.05% | 0.67% |
Correlation
The correlation between ETLZ.DE and SC0K.DE is 0.98 - 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 | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2009 | 0.91 |
The correlation between ETLZ.DE and SC0K.DE has been stable across timeframes, ranging from 0.91 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETLZ.DE vs. SC0K.DE — Risk / Return Rank
ETLZ.DE
SC0K.DE
ETLZ.DE vs. SC0K.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) and Invesco Russell 2000 UCITS ETF (SC0K.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.
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.
| ETLZ.DE | SC0K.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.33 | 4.39 | +0.94 |
| Martin ratioReturn relative to average drawdown | 15.94 | 12.88 | +3.06 |
Loading charts...
Drawdowns
ETLZ.DE vs. SC0K.DE - Drawdown Comparison
The maximum ETLZ.DE drawdown since its inception was -58.36%, which is greater than SC0K.DE's maximum drawdown of -47.18%. Use the drawdown chart below to compare losses from any high point for ETLZ.DE and SC0K.DE.
Loading charts...
Drawdown Indicators
| ETLZ.DE | SC0K.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.36% | -47.18% | -11.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.04% | -8.40% | +1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -31.34% | -32.50% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -31.34% | -32.50% | +1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -41.01% | -41.13% | +0.12% |
Current DrawdownCurrent decline from peak | -2.30% | -2.57% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -10.71% | -13.61% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.87% | -0.52% |
Volatility
ETLZ.DE vs. SC0K.DE - Volatility Comparison
The current volatility for L&G Russell 2000 US Small Cap Quality UCITS ETF USD Acc (ETLZ.DE) is 4.22%, while Invesco Russell 2000 UCITS ETF (SC0K.DE) has a volatility of 4.51%. This indicates that ETLZ.DE experiences smaller price fluctuations and is considered to be less risky than SC0K.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETLZ.DE | SC0K.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 4.51% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 11.22% | 12.54% | -1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.57% | 18.27% | -1.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 20.98% | -1.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.00% | 22.21% | -1.21% |
ETLZ.DE vs. SC0K.DE - Expense Ratio Comparison
ETLZ.DE has a 0.30% expense ratio, which is lower than SC0K.DE's 0.45% expense ratio.
Dividends
ETLZ.DE vs. SC0K.DE - Dividend Comparison
Neither ETLZ.DE nor SC0K.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, ETLZ.DE and SC0K.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, ETLZ.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLZ.DE is cheaper with a 0.30% expense ratio, compared with 0.45% for SC0K.DE.
ETLZ.DE tracks Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index, while SC0K.DE tracks Russell 2000®. They also come from different issuers: L&G and Invesco. Their fees differ too: 0.30% for ETLZ.DE and 0.45% for SC0K.DE.
Find the right allocation for ETLZ.DE and SC0K.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer