S7XE.DE vs. EXV1.DE
S7XE.DE (Invesco EURO STOXX Optimised Banks UCITS ETF) and EXV1.DE (iShares STOXX Europe 600 Banks UCITS ETF (DE)) are both Financials Equities funds - S7XE.DE tracks the EURO STOXX® Optimised Banks while EXV1.DE tracks the STOXX® Europe 600 Banks. Both are passively managed. Over the past 10 years, S7XE.DE returned 14.41%/yr vs 14.23%/yr for EXV1.DE. Their correlation of 0.94 suggests significant overlap in exposure. S7XE.DE charges 0.30%/yr vs 0.47%/yr for EXV1.DE.
Performance
S7XE.DE vs. EXV1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, S7XE.DE achieves a 4.99% return, which is significantly lower than EXV1.DE's 7.43% return. Both investments have delivered pretty close results over the past 10 years, with S7XE.DE having a 14.41% annualized return and EXV1.DE not far behind at 14.23%.
S7XE.DE
- 1D
- 1.09%
- 1M
- 2.40%
- YTD
- 4.99%
- 6M
- 12.49%
- 1Y
- 36.30%
- 3Y*
- 44.23%
- 5Y*
- 28.00%
- 10Y*
- 14.41%
EXV1.DE
- 1D
- 0.48%
- 1M
- 2.19%
- YTD
- 7.43%
- 6M
- 15.31%
- 1Y
- 39.88%
- 3Y*
- 42.40%
- 5Y*
- 27.92%
- 10Y*
- 14.23%
S7XE.DE vs. EXV1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF | 4.99% | 86.82% | 30.66% | 28.83% | 0.46% | 39.15% | -23.11% | 18.12% | -32.15% | 14.80% |
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE) | 7.43% | 77.02% | 32.97% | 26.28% | 1.84% | 37.98% | -24.54% | 15.17% | -25.82% | 11.63% |
Correlation
The correlation between S7XE.DE and EXV1.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2011 | 0.94 |
The correlation between S7XE.DE and EXV1.DE has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
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Return for Risk
S7XE.DE vs. EXV1.DE — Risk / Return Rank
S7XE.DE
EXV1.DE
S7XE.DE vs. EXV1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.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.
| S7XE.DE | EXV1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 2.55 | -0.35 |
| Martin ratioReturn relative to average drawdown | 6.92 | 8.70 | -1.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| S7XE.DE | EXV1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 1.85 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 1.21 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.56 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.10 | +0.13 |
Drawdowns
S7XE.DE vs. EXV1.DE - Drawdown Comparison
The maximum S7XE.DE drawdown since its inception was -65.33%, smaller than the maximum EXV1.DE drawdown of -82.30%. Use the drawdown chart below to compare losses from any high point for S7XE.DE and EXV1.DE.
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Drawdown Indicators
| S7XE.DE | EXV1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.33% | -82.30% | +16.97% |
Max Drawdown (1Y)Largest decline over 1 year | -17.42% | -16.03% | -1.39% |
Max Drawdown (3Y)Largest decline over 3 years | -19.82% | -20.12% | +0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -35.42% | -28.12% | -7.30% |
Max Drawdown (10Y)Largest decline over 10 years | -63.10% | -56.14% | -6.96% |
Current DrawdownCurrent decline from peak | -2.02% | -1.37% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -23.01% | -44.64% | +21.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 4.71% | +0.83% |
Volatility
S7XE.DE vs. EXV1.DE - Volatility Comparison
Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) has a higher volatility of 6.10% compared to iShares STOXX Europe 600 Banks UCITS ETF (DE) (EXV1.DE) at 5.77%. This indicates that S7XE.DE's price experiences larger fluctuations and is considered to be riskier than EXV1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| S7XE.DE | EXV1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 5.77% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 17.93% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.08% | 22.06% | +2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.60% | 22.83% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.66% | 25.03% | +3.63% |
S7XE.DE vs. EXV1.DE - Expense Ratio Comparison
S7XE.DE has a 0.30% expense ratio, which is lower than EXV1.DE's 0.47% expense ratio.
Dividends
S7XE.DE vs. EXV1.DE - Dividend Comparison
S7XE.DE has not paid dividends to shareholders, while EXV1.DE's dividend yield for the trailing twelve months is around 3.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXV1.DE iShares STOXX Europe 600 Banks UCITS ETF (DE) | 3.59% | 3.63% | 5.51% | 4.53% | 6.37% | 1.06% | 1.52% | 4.31% | 4.03% | 6.01% | 3.49% | 3.41% |
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, S7XE.DE and EXV1.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.
On fees, S7XE.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S7XE.DE is cheaper with a 0.30% expense ratio, compared with 0.47% for EXV1.DE.
S7XE.DE tracks EURO STOXX® Optimised Banks, while EXV1.DE tracks STOXX® Europe 600 Banks. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.30% for S7XE.DE and 0.47% for EXV1.DE.
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