N1ES.DE vs. SC0J.DE

Last updated Jun 5, 2026

N1ES.DE (Invesco Nasdaq-100 ESG UCITS ETF Acc) and SC0J.DE (Invesco MSCI World UCITS ETF Acc) are both exchange-traded funds - N1ES.DE is a Nasdaq-100 fund tracking the Nasdaq 100® ESG, while SC0J.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 3 years, N1ES.DE returned 25.46%/yr vs 17.62%/yr for SC0J.DE. Their correlation of 0.89 suggests significant overlap in exposure. N1ES.DE charges 0.25%/yr vs 0.19%/yr for SC0J.DE.

Performance

N1ES.DE vs. SC0J.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and Invesco MSCI World UCITS ETF Acc (SC0J.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, N1ES.DE achieves a 21.31% return, which is significantly higher than SC0J.DE's 10.95% return.

N1ES.DE

• 1D: -0.74%
• 1M: 8.84%
• YTD: 21.31%
• 6M: 19.74%
• 1Y: 39.34%
• 3Y*: 25.46%
• 5Y*: —
• 10Y*: —

SC0J.DE

• 1D: -0.02%
• 1M: 3.73%
• YTD: 10.95%
• 6M: 10.97%
• 1Y: 23.90%
• 3Y*: 17.62%
• 5Y*: 12.96%
• 10Y*: 12.86%

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

N1ES.DE vs. SC0J.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
N1ES.DE Invesco Nasdaq-100 ESG UCITS ETF Acc	21.31%	8.26%	33.55%	51.62%	-29.13%	9.35%
SC0J.DE Invesco MSCI World UCITS ETF Acc	10.95%	7.78%	26.07%	20.32%	-13.60%	5.34%

Correlation

The correlation between N1ES.DE and SC0J.DE is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.89

The correlation between N1ES.DE and SC0J.DE has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.

Return for Risk

N1ES.DE vs. SC0J.DE — Risk / Return Rank

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

N1ES.DE

N1ES.DE Risk / Return Rank: 71
N1ES.DE Sharpe Ratio Rank: 76
N1ES.DE Sortino Ratio Rank: 71
N1ES.DE Omega Ratio Rank: 71
N1ES.DE Calmar Ratio Rank: 74
N1ES.DE Martin Ratio Rank: 60

SC0J.DE

SC0J.DE Risk / Return Rank: 70
SC0J.DE Sharpe Ratio Rank: 66
SC0J.DE Sortino Ratio Rank: 66
SC0J.DE Omega Ratio Rank: 69
SC0J.DE Calmar Ratio Rank: 74
SC0J.DE Martin Ratio Rank: 77

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.

N1ES.DE vs. SC0J.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) and Invesco MSCI World UCITS ETF Acc (SC0J.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.

	N1ES.DE	SC0J.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.42	2.14	+0.28
Sortino ratio: Return per unit of downside risk	3.19	2.99	+0.20
Omega ratio: Gain probability vs. loss probability	1.42	1.40	+0.01
Calmar ratio: Return relative to maximum drawdown	3.69	3.66	+0.03
Martin ratio: Return relative to average drawdown	10.62	14.66	-4.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

N1ES.DE vs. SC0J.DE - Sharpe Ratio Comparison

The current N1ES.DE Sharpe Ratio is 2.42, which is comparable to the SC0J.DE Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of N1ES.DE and SC0J.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

	N1ES.DE	SC0J.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.14	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.87	-0.06

Drawdowns

N1ES.DE vs. SC0J.DE - Drawdown Comparison

The maximum N1ES.DE drawdown since its inception was -29.96%, smaller than the maximum SC0J.DE drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for N1ES.DE and SC0J.DE.

Drawdown Indicators

	N1ES.DE	SC0J.DE	Difference
Max Drawdown Largest peak-to-trough decline	-29.96%	-33.91%	+3.95%
Max Drawdown (1Y) Largest decline over 1 year	-10.86%	-6.52%	-4.34%
Max Drawdown (3Y) Largest decline over 3 years	-26.65%	-21.66%	-4.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.91%	—
Current Drawdown Current decline from peak	-0.74%	-0.33%	-0.41%
Average Drawdown Average peak-to-trough decline	-8.51%	-4.23%	-4.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	1.63%	+2.15%

Volatility

N1ES.DE vs. SC0J.DE - Volatility Comparison

Invesco Nasdaq-100 ESG UCITS ETF Acc (N1ES.DE) has a higher volatility of 4.64% compared to Invesco MSCI World UCITS ETF Acc (SC0J.DE) at 2.62%. This indicates that N1ES.DE's price experiences larger fluctuations and is considered to be riskier than SC0J.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	N1ES.DE	SC0J.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.64%	2.62%	+2.02%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	7.78%	+3.85%
Volatility (1Y) Calculated over the trailing 1-year period	16.59%	11.15%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.73%	14.15%	+6.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	15.09%	+5.64%

N1ES.DE vs. SC0J.DE - Expense Ratio Comparison

N1ES.DE has a 0.25% expense ratio, which is higher than SC0J.DE's 0.19% 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

N1ES.DE vs. SC0J.DE - Dividend Comparison

Neither N1ES.DE nor SC0J.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both N1ES.DE and SC0J.DE in my portfolio?

N1ES.DE and SC0J.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, N1ES.DE or SC0J.DE?

On fees, SC0J.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, N1ES.DE or SC0J.DE?

SC0J.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for N1ES.DE.

What is the main difference between N1ES.DE and SC0J.DE?

N1ES.DE is categorized as Nasdaq-100, while SC0J.DE is Global Equities. N1ES.DE tracks Nasdaq 100® ESG, while SC0J.DE tracks MSCI World. Their fees differ too: 0.25% for N1ES.DE and 0.19% for SC0J.DE.