S7XE.DE vs. JETS

Last updated Jun 26, 2026

S7XE.DE (Invesco EURO STOXX Optimised Banks UCITS ETF) and JETS (U.S. Global Jets ETF) are both exchange-traded funds - S7XE.DE is a Financials Equities fund tracking the EURO STOXX® Optimised Banks, while JETS is a Industrials Equities fund tracking the U.S. Global Jets Index. Both are passively managed. Over the past 10 years, S7XE.DE returned 18.15%/yr vs 5.40%/yr for JETS. At a 0.40 correlation, their price movements are largely independent. S7XE.DE charges 0.30%/yr vs 0.60%/yr for JETS.

Performance

S7XE.DE vs. JETS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) and U.S. Global Jets ETF (JETS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

S7XE.DE is traded in EUR, while JETS is traded in USD. To make them comparable, the JETS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, S7XE.DE achieves a 13.54% return, which is significantly lower than JETS's 21.43% return. Over the past 10 years, S7XE.DE has outperformed JETS with an annualized return of 18.15%, while JETS has yielded a comparatively lower 5.40% annualized return.

S7XE.DE

• 1D: 0.56%
• 1M: 7.99%
• YTD: 13.54%
• 6M: 14.68%
• 1Y: 51.06%
• 3Y*: 47.69%
• 5Y*: 30.88%
• 10Y*: 18.15%

JETS

• 1D: 1.47%
• 1M: 19.42%
• YTD: 21.43%
• 6M: 19.75%
• 1Y: 52.91%
• 3Y*: 16.49%
• 5Y*: 7.01%
• 10Y*: 5.40%

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

S7XE.DE vs. JETS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF	13.54%	86.82%	30.66%	28.83%	0.46%	39.15%	-23.11%	18.12%	-32.15%	14.80%
JETS U.S. Global Jets ETF	21.43%	-1.61%	42.00%	8.08%	-13.99%	1.97%	-34.79%	16.96%	-10.28%	4.07%

Correlation

The correlation between S7XE.DE and JETS is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 30, 2015	0.40

The correlation between S7XE.DE and JETS shifts across timeframes, from 0.25 (3 years) to 0.40 (all time), reflecting how their relationship changes across market environments.

Return for Risk

S7XE.DE vs. JETS — Risk / Return Rank

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

S7XE.DE

S7XE.DE Risk / Return Rank: 68
S7XE.DE Sharpe Ratio Rank: 76
S7XE.DE Sortino Ratio Rank: 74
S7XE.DE Omega Ratio Rank: 66
S7XE.DE Calmar Ratio Rank: 67
S7XE.DE Martin Ratio Rank: 59

JETS

JETS Risk / Return Rank: 46
JETS Sharpe Ratio Rank: 49
JETS Sortino Ratio Rank: 54
JETS Omega Ratio Rank: 45
JETS Calmar Ratio Rank: 47
JETS Martin Ratio Rank: 38

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.

S7XE.DE vs. JETS - 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 U.S. Global Jets ETF (JETS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	S7XE.DE	JETS	Difference
Sharpe ratio: Return per unit of total volatility	2.12	1.65	+0.47
Sortino ratio: Return per unit of downside risk	2.88	2.42	+0.46
Omega ratio: Gain probability vs. loss probability	1.35	1.28	+0.06
Calmar ratio: Return relative to maximum drawdown	2.92	2.44	+0.48
Martin ratio: Return relative to average drawdown	9.23	6.02	+3.21

S7XE.DE vs. JETS - Sharpe Ratio Comparison

The current S7XE.DE Sharpe Ratio is 2.12, which is comparable to the JETS Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of S7XE.DE and JETS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

S7XE.DE vs. JETS - Drawdown Comparison

The maximum S7XE.DE drawdown since its inception was -65.32%, roughly equal to the maximum JETS drawdown of -62.22%. Use the drawdown chart below to compare losses from any high point for S7XE.DE and JETS.

Drawdown Indicators

	S7XE.DE	JETS	Difference
Max Drawdown Largest peak-to-trough decline	-65.32%	-62.22%	-3.10%
Max Drawdown (1Y) Largest decline over 1 year	-17.42%	-21.80%	+4.38%
Max Drawdown (3Y) Largest decline over 3 years	-19.82%	-38.33%	+18.51%
Max Drawdown (5Y) Largest decline over 5 years	-35.41%	-38.33%	+2.92%
Max Drawdown (10Y) Largest decline over 10 years	-63.09%	-62.22%	-0.87%
Current Drawdown Current decline from peak	-1.70%	0.00%	-1.70%
Average Drawdown Average peak-to-trough decline	-22.92%	-23.23%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	8.82%	-3.30%

Volatility

S7XE.DE vs. JETS - Volatility Comparison

The current volatility for Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) is 6.41%, while U.S. Global Jets ETF (JETS) has a volatility of 10.72%. This indicates that S7XE.DE experiences smaller price fluctuations and is considered to be less risky than JETS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	S7XE.DE	JETS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	10.72%	-4.31%
Volatility (6M) Calculated over the trailing 6-month period	19.74%	25.22%	-5.48%
Volatility (1Y) Calculated over the trailing 1-year period	24.00%	32.31%	-8.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.65%	31.81%	-6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.90%	33.90%	-6.00%

S7XE.DE vs. JETS - Expense Ratio Comparison

S7XE.DE has a 0.30% expense ratio, which is lower than JETS's 0.60% expense ratio.

Dividends

S7XE.DE vs. JETS - Dividend Comparison

S7XE.DE has not paid dividends to shareholders, while JETS's dividend yield for the trailing twelve months is around 0.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JETS U.S. Global Jets ETF	0.71%	0.83%	0.00%	0.00%	0.00%	0.67%	0.04%	1.24%	0.09%	1.57%	0.58%	0.17%
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

Can I hold both S7XE.DE and JETS in my portfolio?

S7XE.DE and JETS have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, S7XE.DE or JETS?

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.

Which ETF is cheaper, S7XE.DE or JETS?

S7XE.DE is cheaper with a 0.30% expense ratio, compared with 0.60% for JETS.

What is the main difference between S7XE.DE and JETS?

S7XE.DE is categorized as Financials Equities, while JETS is Industrials Equities. S7XE.DE tracks EURO STOXX® Optimised Banks, while JETS tracks U.S. Global Jets Index. They also come from different issuers: Invesco and US Global. Their fees differ too: 0.30% for S7XE.DE and 0.60% for JETS.