GLUX.DE vs. SC0R.DE

Last updated Jun 5, 2026

GLUX.DE (Amundi S&P Global Luxury UCITS ETF EUR) and SC0R.DE (Invesco European Travel Sector UCITS ETF) are both Consumer Staples Equities funds - GLUX.DE tracks the S&P Global Luxury while SC0R.DE tracks the STOXX® Europe 600 Optimised Travel & Leisure. Both are passively managed. Over the past 10 years, GLUX.DE returned 9.44%/yr vs 3.85%/yr for SC0R.DE. A 0.67 correlation means they provide meaningful diversification when combined. GLUX.DE charges 0.25%/yr vs 0.20%/yr for SC0R.DE.

Performance

GLUX.DE vs. SC0R.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Invesco European Travel Sector UCITS ETF (SC0R.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLUX.DE achieves a -7.03% return, which is significantly lower than SC0R.DE's 0.24% return. Over the past 10 years, GLUX.DE has outperformed SC0R.DE with an annualized return of 9.44%, while SC0R.DE has yielded a comparatively lower 3.85% annualized return.

GLUX.DE

• 1D: -0.12%
• 1M: 4.80%
• YTD: -7.03%
• 6M: -6.01%
• 1Y: 2.52%
• 3Y*: -0.97%
• 5Y*: 0.25%
• 10Y*: 9.44%

SC0R.DE

• 1D: 0.49%
• 1M: 11.79%
• YTD: 0.24%
• 6M: 5.38%
• 1Y: 8.65%
• 3Y*: 6.07%
• 5Y*: 2.45%
• 10Y*: 3.85%

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

GLUX.DE vs. SC0R.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLUX.DE Amundi S&P Global Luxury UCITS ETF EUR	-7.03%	2.34%	4.43%	11.98%	-19.34%	32.41%	23.80%	33.53%	-9.13%	22.10%
SC0R.DE Invesco European Travel Sector UCITS ETF	0.24%	6.02%	14.47%	24.44%	-14.51%	6.20%	-13.70%	23.30%	-14.12%	19.55%

Correlation

The correlation between GLUX.DE and SC0R.DE is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Mar 18, 2010	0.67

The correlation between GLUX.DE and SC0R.DE has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.

Return for Risk

GLUX.DE vs. SC0R.DE — Risk / Return Rank

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

GLUX.DE

GLUX.DE Risk / Return Rank: 11
GLUX.DE Sharpe Ratio Rank: 11
GLUX.DE Sortino Ratio Rank: 11
GLUX.DE Omega Ratio Rank: 11
GLUX.DE Calmar Ratio Rank: 11
GLUX.DE Martin Ratio Rank: 11

SC0R.DE

SC0R.DE Risk / Return Rank: 16
SC0R.DE Sharpe Ratio Rank: 15
SC0R.DE Sortino Ratio Rank: 17
SC0R.DE Omega Ratio Rank: 15
SC0R.DE Calmar Ratio Rank: 17
SC0R.DE Martin Ratio Rank: 16

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.

GLUX.DE vs. SC0R.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) and Invesco European Travel Sector UCITS ETF (SC0R.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.

	GLUX.DE	SC0R.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.13	0.39	-0.26
Sortino ratio: Return per unit of downside risk	0.34	0.78	-0.44
Omega ratio: Gain probability vs. loss probability	1.04	1.09	-0.05
Calmar ratio: Return relative to maximum drawdown	0.16	0.61	-0.45
Martin ratio: Return relative to average drawdown	0.39	1.44	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLUX.DE vs. SC0R.DE - Sharpe Ratio Comparison

The current GLUX.DE Sharpe Ratio is 0.13, which is lower than the SC0R.DE Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of GLUX.DE and SC0R.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.

Sharpe Ratios by Period

	GLUX.DE	SC0R.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	0.39	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.10	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.15	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.39	+0.05

Drawdowns

GLUX.DE vs. SC0R.DE - Drawdown Comparison

The maximum GLUX.DE drawdown since its inception was -43.20%, smaller than the maximum SC0R.DE drawdown of -55.64%. Use the drawdown chart below to compare losses from any high point for GLUX.DE and SC0R.DE.

Drawdown Indicators

	GLUX.DE	SC0R.DE	Difference
Max Drawdown Largest peak-to-trough decline	-43.20%	-55.64%	+12.44%
Max Drawdown (1Y) Largest decline over 1 year	-16.00%	-14.20%	-1.80%
Max Drawdown (3Y) Largest decline over 3 years	-27.94%	-24.76%	-3.18%
Max Drawdown (5Y) Largest decline over 5 years	-30.52%	-38.34%	+7.82%
Max Drawdown (10Y) Largest decline over 10 years	-43.20%	-55.64%	+12.44%
Current Drawdown Current decline from peak	-14.70%	-1.42%	-13.28%
Average Drawdown Average peak-to-trough decline	-9.35%	-10.37%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.51%	5.99%	+0.52%

Volatility

GLUX.DE vs. SC0R.DE - Volatility Comparison

The current volatility for Amundi S&P Global Luxury UCITS ETF EUR (GLUX.DE) is 5.55%, while Invesco European Travel Sector UCITS ETF (SC0R.DE) has a volatility of 5.86%. This indicates that GLUX.DE experiences smaller price fluctuations and is considered to be less risky than SC0R.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLUX.DE	SC0R.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	5.86%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	15.60%	17.72%	-2.12%
Volatility (1Y) Calculated over the trailing 1-year period	19.60%	21.97%	-2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.08%	23.86%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.94%	24.89%	-3.95%

GLUX.DE vs. SC0R.DE - Expense Ratio Comparison

GLUX.DE has a 0.25% expense ratio, which is higher than SC0R.DE's 0.20% 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

GLUX.DE vs. SC0R.DE - Dividend Comparison

Neither GLUX.DE nor SC0R.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GLUX.DE and SC0R.DE in my portfolio?

GLUX.DE and SC0R.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLUX.DE or SC0R.DE?

On fees, SC0R.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, GLUX.DE or SC0R.DE?

SC0R.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for GLUX.DE.

What is the main difference between GLUX.DE and SC0R.DE?

GLUX.DE tracks S&P Global Luxury, while SC0R.DE tracks STOXX® Europe 600 Optimised Travel & Leisure. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.25% for GLUX.DE and 0.20% for SC0R.DE.