LESU.DE vs. SC0H.DE

Last updated Jun 5, 2026

LESU.DE (Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc) and SC0H.DE (Invesco MSCI USA UCITS ETF) are both Large Cap Blend Equities funds - LESU.DE tracks the Russell 1000 TR USD while SC0H.DE tracks the MSCI USA. Both are passively managed. Over the past 5 years, LESU.DE returned 14.22%/yr vs 14.59%/yr for SC0H.DE. With a 0.96 correlation, they move nearly in lockstep. LESU.DE charges 0.15%/yr vs 0.05%/yr for SC0H.DE.

Performance

LESU.DE vs. SC0H.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc (LESU.DE) and Invesco MSCI USA UCITS ETF (SC0H.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LESU.DE achieves a 9.76% return, which is significantly lower than SC0H.DE's 11.30% return.

LESU.DE

• 1D: 0.74%
• 1M: 3.93%
• YTD: 9.76%
• 6M: 9.83%
• 1Y: 23.77%
• 3Y*: 18.42%
• 5Y*: 14.22%
• 10Y*: —

SC0H.DE

• 1D: -0.11%
• 1M: 4.53%
• YTD: 11.30%
• 6M: 10.69%
• 1Y: 25.27%
• 3Y*: 19.18%
• 5Y*: 14.59%
• 10Y*: 15.07%

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

LESU.DE vs. SC0H.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LESU.DE Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc	9.76%	4.51%	31.36%	25.21%	-18.41%	45.63%	7.42%	34.00%	-3.46%
SC0H.DE Invesco MSCI USA UCITS ETF	11.30%	4.77%	32.56%	23.60%	-15.55%	38.99%	9.76%	35.08%	-3.51%

Correlation

The correlation between LESU.DE and SC0H.DE is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since May 15, 2018	0.96

The correlation between LESU.DE and SC0H.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

LESU.DE vs. SC0H.DE — Risk / Return Rank

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

LESU.DE

LESU.DE Risk / Return Rank: 52
LESU.DE Sharpe Ratio Rank: 55
LESU.DE Sortino Ratio Rank: 54
LESU.DE Omega Ratio Rank: 54
LESU.DE Calmar Ratio Rank: 48
LESU.DE Martin Ratio Rank: 49

SC0H.DE

SC0H.DE Risk / Return Rank: 67
SC0H.DE Sharpe Ratio Rank: 67
SC0H.DE Sortino Ratio Rank: 64
SC0H.DE Omega Ratio Rank: 68
SC0H.DE Calmar Ratio Rank: 70
SC0H.DE Martin Ratio Rank: 66

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.

LESU.DE vs. SC0H.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc (LESU.DE) and Invesco MSCI USA UCITS ETF (SC0H.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.

	LESU.DE	SC0H.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.85	2.16	-0.31
Sortino ratio: Return per unit of downside risk	2.55	2.94	-0.39
Omega ratio: Gain probability vs. loss probability	1.33	1.40	-0.07
Calmar ratio: Return relative to maximum drawdown	2.33	3.45	-1.12
Martin ratio: Return relative to average drawdown	8.09	11.96	-3.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LESU.DE vs. SC0H.DE - Sharpe Ratio Comparison

The current LESU.DE Sharpe Ratio is 1.85, which is comparable to the SC0H.DE Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of LESU.DE and SC0H.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

	LESU.DE	SC0H.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	2.16	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.94	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.98	-0.11

Drawdowns

LESU.DE vs. SC0H.DE - Drawdown Comparison

The maximum LESU.DE drawdown since its inception was -33.69%, roughly equal to the maximum SC0H.DE drawdown of -34.20%. Use the drawdown chart below to compare losses from any high point for LESU.DE and SC0H.DE.

Drawdown Indicators

	LESU.DE	SC0H.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-34.20%	+0.51%
Max Drawdown (1Y) Largest decline over 1 year	-10.20%	-7.32%	-2.88%
Max Drawdown (3Y) Largest decline over 3 years	-24.45%	-23.66%	-0.79%
Max Drawdown (5Y) Largest decline over 5 years	-24.45%	-23.66%	-0.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.20%	—
Current Drawdown Current decline from peak	-0.15%	-0.41%	+0.26%
Average Drawdown Average peak-to-trough decline	-5.39%	-4.13%	-1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.11%	+0.83%

Volatility

LESU.DE vs. SC0H.DE - Volatility Comparison

Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc (LESU.DE) has a higher volatility of 3.33% compared to Invesco MSCI USA UCITS ETF (SC0H.DE) at 2.68%. This indicates that LESU.DE's price experiences larger fluctuations and is considered to be riskier than SC0H.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LESU.DE	SC0H.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	2.68%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	8.99%	7.66%	+1.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.87%	11.67%	+1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	15.41%	+0.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.41%	16.23%	+1.18%

LESU.DE vs. SC0H.DE - Expense Ratio Comparison

LESU.DE has a 0.15% expense ratio, which is higher than SC0H.DE's 0.05% 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

LESU.DE vs. SC0H.DE - Dividend Comparison

LESU.DE's dividend yield for the trailing twelve months is around 0.56%, while SC0H.DE has not paid dividends to shareholders.

Position	TTM	2025	2024
LESU.DE Lyxor MSCI USA ESG Trend Leaders (DR) UCITS ETF - Acc	0.56%	0.76%	0.07%
SC0H.DE Invesco MSCI USA UCITS ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LESU.DE and SC0H.DE in my portfolio?

With a correlation of 0.94, LESU.DE and SC0H.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.

Which ETF is better, LESU.DE or SC0H.DE?

On fees, SC0H.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LESU.DE or SC0H.DE?

SC0H.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for LESU.DE.

What is the main difference between LESU.DE and SC0H.DE?

LESU.DE tracks Russell 1000 TR USD, while SC0H.DE tracks MSCI USA. They also come from different issuers: Amundi and Invesco. Their fees differ too: 0.15% for LESU.DE and 0.05% for SC0H.DE.