P500.DE vs. SC0K.DE

Last updated Jun 5, 2026

P500.DE (Invesco S&P 500 UCITS ETF) and SC0K.DE (Invesco Russell 2000 UCITS ETF) are both exchange-traded funds - P500.DE is a S&P 500 fund tracking the S&P 500 Index, while SC0K.DE is a Small Cap Blend Equities fund tracking the Russell 2000®. Both are passively managed. Over the past 10 years, P500.DE returned 15.16%/yr vs 10.39%/yr for SC0K.DE. A 0.79 correlation means they provide meaningful diversification when combined. P500.DE charges 0.05%/yr vs 0.45%/yr for SC0K.DE.

Performance

P500.DE vs. SC0K.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco S&P 500 UCITS ETF (P500.DE) and Invesco Russell 2000 UCITS ETF (SC0K.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, P500.DE achieves a 11.47% return, which is significantly lower than SC0K.DE's 17.93% return. Over the past 10 years, P500.DE has outperformed SC0K.DE with an annualized return of 15.16%, while SC0K.DE has yielded a comparatively lower 10.39% annualized return.

P500.DE

• 1D: -0.10%
• 1M: 4.39%
• YTD: 11.47%
• 6M: 10.93%
• 1Y: 25.73%
• 3Y*: 19.07%
• 5Y*: 14.99%
• 10Y*: 15.16%

SC0K.DE

• 1D: 0.96%
• 1M: 3.02%
• YTD: 17.93%
• 6M: 16.73%
• 1Y: 38.36%
• 3Y*: 15.51%
• 5Y*: 7.16%
• 10Y*: 10.39%

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

P500.DE vs. SC0K.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
P500.DE Invesco S&P 500 UCITS ETF	11.47%	4.88%	32.56%	22.69%	-14.05%	41.05%	7.04%	34.88%	-0.84%	6.71%
SC0K.DE Invesco Russell 2000 UCITS ETF	17.93%	1.56%	15.91%	14.84%	-16.55%	24.70%	8.14%	29.08%	-9.05%	0.67%

Correlation

The correlation between P500.DE and SC0K.DE is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Nov 17, 2011	0.79

The correlation between P500.DE and SC0K.DE has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.

Return for Risk

P500.DE vs. SC0K.DE — Risk / Return Rank

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

P500.DE

P500.DE Risk / Return Rank: 70
P500.DE Sharpe Ratio Rank: 69
P500.DE Sortino Ratio Rank: 67
P500.DE Omega Ratio Rank: 71
P500.DE Calmar Ratio Rank: 73
P500.DE Martin Ratio Rank: 70

SC0K.DE

SC0K.DE Risk / Return Rank: 69
SC0K.DE Sharpe Ratio Rank: 64
SC0K.DE Sortino Ratio Rank: 63
SC0K.DE Omega Ratio Rank: 59
SC0K.DE Calmar Ratio Rank: 84
SC0K.DE Martin Ratio Rank: 72

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.

P500.DE vs. SC0K.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 UCITS ETF (P500.DE) and Invesco Russell 2000 UCITS ETF (SC0K.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.

	P500.DE	SC0K.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.23	2.12	+0.11
Sortino ratio: Return per unit of downside risk	3.03	2.90	+0.13
Omega ratio: Gain probability vs. loss probability	1.41	1.36	+0.06
Calmar ratio: Return relative to maximum drawdown	3.62	4.57	-0.95
Martin ratio: Return relative to average drawdown	12.91	13.31	-0.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

P500.DE vs. SC0K.DE - Sharpe Ratio Comparison

The current P500.DE Sharpe Ratio is 2.23, which is comparable to the SC0K.DE Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of P500.DE and SC0K.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

	P500.DE	SC0K.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.23	2.12	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.34	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	0.48	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	0.64	+0.37

Drawdowns

P500.DE vs. SC0K.DE - Drawdown Comparison

The maximum P500.DE drawdown since its inception was -33.78%, smaller than the maximum SC0K.DE drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for P500.DE and SC0K.DE.

Drawdown Indicators

	P500.DE	SC0K.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.78%	-41.13%	+7.35%
Max Drawdown (1Y) Largest decline over 1 year	-7.11%	-8.40%	+1.29%
Max Drawdown (3Y) Largest decline over 3 years	-23.34%	-32.50%	+9.16%
Max Drawdown (5Y) Largest decline over 5 years	-23.34%	-32.50%	+9.16%
Max Drawdown (10Y) Largest decline over 10 years	-33.78%	-41.13%	+7.35%
Current Drawdown Current decline from peak	-0.40%	0.00%	-0.40%
Average Drawdown Average peak-to-trough decline	-3.85%	-8.10%	+4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	2.89%	-0.90%

Volatility

P500.DE vs. SC0K.DE - Volatility Comparison

The current volatility for Invesco S&P 500 UCITS ETF (P500.DE) is 2.65%, while Invesco Russell 2000 UCITS ETF (SC0K.DE) has a volatility of 5.37%. This indicates that P500.DE experiences smaller price fluctuations and is considered to be less risky than SC0K.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	P500.DE	SC0K.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	5.37%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	7.59%	12.22%	-4.63%
Volatility (1Y) Calculated over the trailing 1-year period	11.52%	18.10%	-6.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	20.93%	-5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.07%	21.60%	-5.53%

P500.DE vs. SC0K.DE - Expense Ratio Comparison

P500.DE has a 0.05% expense ratio, which is lower than SC0K.DE's 0.45% expense ratio.

Dividends

P500.DE vs. SC0K.DE - Dividend Comparison

Neither P500.DE nor SC0K.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both P500.DE and SC0K.DE in my portfolio?

P500.DE and SC0K.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, P500.DE or SC0K.DE?

On fees, P500.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, P500.DE or SC0K.DE?

P500.DE is cheaper with a 0.05% expense ratio, compared with 0.45% for SC0K.DE.

What is the main difference between P500.DE and SC0K.DE?

P500.DE is categorized as S&P 500, while SC0K.DE is Small Cap Blend Equities. P500.DE tracks S&P 500 Index, while SC0K.DE tracks Russell 2000®. Their fees differ too: 0.05% for P500.DE and 0.45% for SC0K.DE.