S7XE.DE vs. WF1E.DE
S7XE.DE (Invesco EURO STOXX Optimised Banks UCITS ETF) and WF1E.DE (Invesco S&P World Financials ESG UCITS ETF Acc) are both Financials Equities funds from Invesco - S7XE.DE tracks the EURO STOXX® Optimised Banks while WF1E.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Financials. Both are passively managed. Over the past 3 years, S7XE.DE returned 44.23%/yr vs 20.18%/yr for WF1E.DE. A 0.59 correlation means they provide meaningful diversification when combined. S7XE.DE charges 0.30%/yr vs 0.18%/yr for WF1E.DE.
Performance
S7XE.DE vs. WF1E.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 higher than WF1E.DE's 1.34% return.
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%
WF1E.DE
- 1D
- 1.98%
- 1M
- 1.45%
- YTD
- 1.34%
- 6M
- 5.57%
- 1Y
- 10.72%
- 3Y*
- 20.18%
- 5Y*
- —
- 10Y*
- —
S7XE.DE vs. WF1E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
S7XE.DE Invesco EURO STOXX Optimised Banks UCITS ETF | 4.99% | 86.82% | 30.66% | 15.85% |
WF1E.DE Invesco S&P World Financials ESG UCITS ETF Acc | 1.34% | 13.85% | 32.68% | 14.22% |
Correlation
The correlation between S7XE.DE and WF1E.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.59 |
The correlation between S7XE.DE and WF1E.DE has been stable across timeframes, ranging from 0.58 to 0.63 - a consistent structural relationship.
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Return for Risk
S7XE.DE vs. WF1E.DE — Risk / Return Rank
S7XE.DE
WF1E.DE
S7XE.DE vs. WF1E.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 Invesco S&P World Financials ESG UCITS ETF Acc (WF1E.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 | WF1E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.15 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 1.19 | +1.00 |
| Martin ratioReturn relative to average drawdown | 6.92 | 3.65 | +3.28 |
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 | WF1E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 0.84 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 1.34 | -1.10 |
Drawdowns
S7XE.DE vs. WF1E.DE - Drawdown Comparison
The maximum S7XE.DE drawdown since its inception was -65.33%, which is greater than WF1E.DE's maximum drawdown of -19.97%. Use the drawdown chart below to compare losses from any high point for S7XE.DE and WF1E.DE.
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Drawdown Indicators
| S7XE.DE | WF1E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.33% | -19.97% | -45.36% |
Max Drawdown (1Y)Largest decline over 1 year | -17.42% | -8.92% | -8.50% |
Max Drawdown (3Y)Largest decline over 3 years | -19.82% | -19.97% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -35.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.10% | — | — |
Current DrawdownCurrent decline from peak | -2.02% | -0.87% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -23.01% | -2.63% | -20.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.54% | 2.92% | +2.62% |
Volatility
S7XE.DE vs. WF1E.DE - Volatility Comparison
Invesco EURO STOXX Optimised Banks UCITS ETF (S7XE.DE) has a higher volatility of 6.10% compared to Invesco S&P World Financials ESG UCITS ETF Acc (WF1E.DE) at 3.46%. This indicates that S7XE.DE's price experiences larger fluctuations and is considered to be riskier than WF1E.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 | WF1E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 3.46% | +2.64% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 9.46% | +9.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.08% | 12.69% | +11.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.60% | 14.49% | +11.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.66% | 14.49% | +14.17% |
S7XE.DE vs. WF1E.DE - Expense Ratio Comparison
S7XE.DE has a 0.30% expense ratio, which is higher than WF1E.DE's 0.18% expense ratio.
Dividends
S7XE.DE vs. WF1E.DE - Dividend Comparison
Neither S7XE.DE nor WF1E.DE has paid dividends to shareholders.
Frequently Asked Questions
S7XE.DE and WF1E.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WF1E.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WF1E.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for S7XE.DE.
S7XE.DE tracks EURO STOXX® Optimised Banks, while WF1E.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Financials. Their fees differ too: 0.30% for S7XE.DE and 0.18% for WF1E.DE.
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