LBNK.DE vs. SC0Y.DE

Last updated Jun 5, 2026

LBNK.DE (Lyxor STOXX Europe 600 Banks UCITS ETF Acc) and SC0Y.DE (Invesco European Insurance Sector UCITS ETF Acc) are both Financials Equities funds - LBNK.DE tracks the STOXX® Europe 600 Banks while SC0Y.DE tracks the STOXX® Europe 600 Optimised Insurance. Both are passively managed. Over the past 10 years, LBNK.DE returned 14.15%/yr vs 10.75%/yr for SC0Y.DE. A 0.74 correlation means they provide meaningful diversification when combined. LBNK.DE charges 0.30%/yr vs 0.20%/yr for SC0Y.DE.

Performance

LBNK.DE vs. SC0Y.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) and Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBNK.DE achieves a 7.56% return, which is significantly higher than SC0Y.DE's -2.77% return. Over the past 10 years, LBNK.DE has outperformed SC0Y.DE with an annualized return of 14.15%, while SC0Y.DE has yielded a comparatively lower 10.75% annualized return.

LBNK.DE

• 1D: 0.67%
• 1M: 2.51%
• YTD: 7.56%
• 6M: 15.54%
• 1Y: 40.00%
• 3Y*: 42.34%
• 5Y*: 27.76%
• 10Y*: 14.15%

SC0Y.DE

• 1D: 0.26%
• 1M: -4.21%
• YTD: -2.77%
• 6M: 2.84%
• 1Y: 2.27%
• 3Y*: 17.89%
• 5Y*: 13.84%
• 10Y*: 10.75%

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

LBNK.DE vs. SC0Y.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBNK.DE Lyxor STOXX Europe 600 Banks UCITS ETF Acc	7.56%	76.66%	32.67%	26.48%	1.30%	37.71%	-24.17%	14.90%	-25.93%	11.91%
SC0Y.DE Invesco European Insurance Sector UCITS ETF Acc	-2.77%	29.31%	22.30%	12.85%	2.78%	19.96%	-10.11%	29.63%	-7.85%	10.14%

Correlation

The correlation between LBNK.DE and SC0Y.DE is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Aug 10, 2009	0.74

The correlation between LBNK.DE and SC0Y.DE shifts across timeframes, from 0.63 (3 years) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LBNK.DE vs. SC0Y.DE — Risk / Return Rank

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

LBNK.DE

LBNK.DE Risk / Return Rank: 53
LBNK.DE Sharpe Ratio Rank: 55
LBNK.DE Sortino Ratio Rank: 55
LBNK.DE Omega Ratio Rank: 50
LBNK.DE Calmar Ratio Rank: 53
LBNK.DE Martin Ratio Rank: 53

SC0Y.DE

SC0Y.DE Risk / Return Rank: 12
SC0Y.DE Sharpe Ratio Rank: 12
SC0Y.DE Sortino Ratio Rank: 11
SC0Y.DE Omega Ratio Rank: 11
SC0Y.DE Calmar Ratio Rank: 13
SC0Y.DE Martin Ratio Rank: 13

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.

LBNK.DE vs. SC0Y.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) and Invesco European Insurance Sector UCITS ETF Acc (SC0Y.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.

	LBNK.DE	SC0Y.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.86	0.17	+1.70
Sortino ratio: Return per unit of downside risk	2.58	0.32	+2.25
Omega ratio: Gain probability vs. loss probability	1.31	1.04	+0.27
Calmar ratio: Return relative to maximum drawdown	2.60	0.35	+2.24
Martin ratio: Return relative to average drawdown	8.86	0.71	+8.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBNK.DE vs. SC0Y.DE - Sharpe Ratio Comparison

The current LBNK.DE Sharpe Ratio is 1.86, which is higher than the SC0Y.DE Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of LBNK.DE and SC0Y.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

	LBNK.DE	SC0Y.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	0.17	+1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.20	0.82	+0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.54	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.52	-0.46

Drawdowns

LBNK.DE vs. SC0Y.DE - Drawdown Comparison

The maximum LBNK.DE drawdown since its inception was -81.84%, which is greater than SC0Y.DE's maximum drawdown of -46.88%. Use the drawdown chart below to compare losses from any high point for LBNK.DE and SC0Y.DE.

Drawdown Indicators

	LBNK.DE	SC0Y.DE	Difference
Max Drawdown Largest peak-to-trough decline	-81.84%	-46.88%	-34.96%
Max Drawdown (1Y) Largest decline over 1 year	-15.83%	-7.02%	-8.81%
Max Drawdown (3Y) Largest decline over 3 years	-20.26%	-12.60%	-7.66%
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	-18.89%	-8.93%
Max Drawdown (10Y) Largest decline over 10 years	-56.08%	-46.88%	-9.20%
Current Drawdown Current decline from peak	-1.13%	-5.41%	+4.28%
Average Drawdown Average peak-to-trough decline	-53.20%	-7.14%	-46.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	3.49%	+1.16%

Volatility

LBNK.DE vs. SC0Y.DE - Volatility Comparison

Lyxor STOXX Europe 600 Banks UCITS ETF Acc (LBNK.DE) has a higher volatility of 5.68% compared to Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) at 4.60%. This indicates that LBNK.DE's price experiences larger fluctuations and is considered to be riskier than SC0Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBNK.DE	SC0Y.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	4.60%	+1.08%
Volatility (6M) Calculated over the trailing 6-month period	18.02%	11.38%	+6.64%
Volatility (1Y) Calculated over the trailing 1-year period	22.10%	14.86%	+7.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.90%	16.61%	+6.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.34%	19.86%	+5.48%

LBNK.DE vs. SC0Y.DE - Expense Ratio Comparison

LBNK.DE has a 0.30% expense ratio, which is higher than SC0Y.DE's 0.20% expense ratio.

Dividends

LBNK.DE vs. SC0Y.DE - Dividend Comparison

Neither LBNK.DE nor SC0Y.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LBNK.DE and SC0Y.DE in my portfolio?

LBNK.DE and SC0Y.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LBNK.DE or SC0Y.DE?

On fees, SC0Y.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, LBNK.DE or SC0Y.DE?

SC0Y.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for LBNK.DE.

What is the main difference between LBNK.DE and SC0Y.DE?

LBNK.DE tracks STOXX® Europe 600 Banks, while SC0Y.DE tracks STOXX® Europe 600 Optimised Insurance. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.30% for LBNK.DE and 0.20% for SC0Y.DE.