EXH3.DE vs. SC04.DE

Last updated Jun 27, 2026

EXH3.DE (iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE)) and SC04.DE (Invesco European Household Sector UCITS ETF) are both Consumer Staples Equities funds - EXH3.DE tracks the STOXX® Europe 600 Food & Beverage while SC04.DE tracks the STOXX® Europe 600 Optimised Personal & Household Goods. Both are passively managed. Over the past 10 years, EXH3.DE returned 2.60%/yr vs 5.77%/yr for SC04.DE. A 0.69 correlation means they provide meaningful diversification when combined. EXH3.DE charges 0.46%/yr vs 0.20%/yr for SC04.DE.

Performance

EXH3.DE vs. SC04.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) (EXH3.DE) and Invesco European Household Sector UCITS ETF (SC04.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EXH3.DE achieves a 9.61% return, which is significantly higher than SC04.DE's -3.50% return. Over the past 10 years, EXH3.DE has underperformed SC04.DE with an annualized return of 2.60%, while SC04.DE has yielded a comparatively higher 5.77% annualized return.

EXH3.DE

• 1D: 0.84%
• 1M: 3.39%
• YTD: 9.61%
• 6M: 10.44%
• 1Y: 6.77%
• 3Y*: -1.89%
• 5Y*: -2.03%
• 10Y*: 2.60%

SC04.DE

• 1D: 0.15%
• 1M: 2.88%
• YTD: -3.50%
• 6M: -2.95%
• 1Y: 9.35%
• 3Y*: 2.26%
• 5Y*: 2.19%
• 10Y*: 5.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EXH3.DE vs. SC04.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXH3.DE iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE)	9.61%	0.44%	-10.82%	-2.05%	-13.20%	22.57%	-6.15%	29.56%	-7.32%	12.78%
SC04.DE Invesco European Household Sector UCITS ETF	-3.50%	7.46%	7.08%	8.48%	-10.95%	19.37%	6.54%	29.50%	-16.18%	13.26%

Correlation

The correlation between EXH3.DE and SC04.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jul 3, 2009	0.69

Over the past year, the correlation between EXH3.DE and SC04.DE has dropped to 0.43 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

Return for Risk

EXH3.DE vs. SC04.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EXH3.DE

EXH3.DE Risk / Return Rank: 15
EXH3.DE Sharpe Ratio Rank: 15
EXH3.DE Sortino Ratio Rank: 15
EXH3.DE Omega Ratio Rank: 14
EXH3.DE Calmar Ratio Rank: 15
EXH3.DE Martin Ratio Rank: 15

SC04.DE

SC04.DE Risk / Return Rank: 17
SC04.DE Sharpe Ratio Rank: 18
SC04.DE Sortino Ratio Rank: 18
SC04.DE Omega Ratio Rank: 17
SC04.DE Calmar Ratio Rank: 16
SC04.DE Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EXH3.DE vs. SC04.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) (EXH3.DE) and Invesco European Household Sector UCITS ETF (SC04.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.

	EXH3.DE	SC04.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.44	0.58	-0.15
Sortino ratio: Return per unit of downside risk	0.76	0.94	-0.18
Omega ratio: Gain probability vs. loss probability	1.09	1.11	-0.02
Calmar ratio: Return relative to maximum drawdown	0.53	0.60	-0.07
Martin ratio: Return relative to average drawdown	1.17	1.31	-0.14

EXH3.DE vs. SC04.DE - Sharpe Ratio Comparison

The current EXH3.DE Sharpe Ratio is 0.44, which is comparable to the SC04.DE Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of EXH3.DE and SC04.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EXH3.DE vs. SC04.DE - Drawdown Comparison

The maximum EXH3.DE drawdown since its inception was -39.85%, which is greater than SC04.DE's maximum drawdown of -29.42%. Use the drawdown chart below to compare losses from any high point for EXH3.DE and SC04.DE.

Drawdown Indicators

	EXH3.DE	SC04.DE	Difference
Max Drawdown Largest peak-to-trough decline	-39.85%	-29.42%	-10.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.77%	-15.59%	+2.82%
Max Drawdown (3Y) Largest decline over 3 years	-21.11%	-17.60%	-3.51%
Max Drawdown (5Y) Largest decline over 5 years	-28.68%	-22.04%	-6.64%
Max Drawdown (10Y) Largest decline over 10 years	-30.20%	-29.42%	-0.78%
Current Drawdown Current decline from peak	-17.89%	-6.38%	-11.51%
Average Drawdown Average peak-to-trough decline	-8.93%	-5.50%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.78%	7.14%	-1.36%

Volatility

EXH3.DE vs. SC04.DE - Volatility Comparison

iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) (EXH3.DE) has a higher volatility of 4.93% compared to Invesco European Household Sector UCITS ETF (SC04.DE) at 4.42%. This indicates that EXH3.DE's price experiences larger fluctuations and is considered to be riskier than SC04.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXH3.DE	SC04.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	4.42%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	12.13%	13.31%	-1.18%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	16.03%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.19%	17.10%	-2.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.39%	16.70%	-2.31%

EXH3.DE vs. SC04.DE - Expense Ratio Comparison

EXH3.DE has a 0.46% expense ratio, which is higher than SC04.DE's 0.20% expense ratio.

Dividends

EXH3.DE vs. SC04.DE - Dividend Comparison

EXH3.DE's dividend yield for the trailing twelve months is around 1.98%, while SC04.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXH3.DE iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE)	1.98%	2.10%	2.16%	1.70%	1.56%	0.88%	1.45%	1.46%	1.70%	2.08%	2.45%	2.52%
SC04.DE Invesco European Household Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EXH3.DE and SC04.DE in my portfolio?

EXH3.DE and SC04.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EXH3.DE or SC04.DE?

On fees, SC04.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EXH3.DE or SC04.DE?

SC04.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for EXH3.DE.

What is the main difference between EXH3.DE and SC04.DE?

EXH3.DE tracks STOXX® Europe 600 Food & Beverage, while SC04.DE tracks STOXX® Europe 600 Optimised Personal & Household Goods. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.46% for EXH3.DE and 0.20% for SC04.DE.