SC01.DE vs. GLD
Compare and contrast key facts about Invesco European Construction Sector UCITS ETF (SC01.DE) and SPDR Gold Shares (GLD).
SC01.DE and GLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SC01.DE is a passively managed fund by Invesco that tracks the performance of the STOXX® Europe 600 Optimised Construction & Materials. It was launched on Jul 7, 2009. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004. Both SC01.DE and GLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SC01.DE vs. GLD - Performance Comparison
Loading graphics...
SC01.DE vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC01.DE Invesco European Construction Sector UCITS ETF | -4.05% | 24.01% | 7.02% | 34.08% | -17.94% | 32.21% | -1.77% | 44.55% | -20.32% | 10.70% |
GLD SPDR Gold Shares | 10.31% | 44.25% | 35.02% | 9.31% | 5.38% | 3.02% | 14.53% | 20.52% | 2.66% | -1.05% |
Different Trading Currencies
SC01.DE is traded in EUR, while GLD is traded in USD. To make them comparable, the GLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SC01.DE achieves a -4.05% return, which is significantly lower than GLD's 12.17% return. Over the past 10 years, SC01.DE has underperformed GLD with an annualized return of 9.91%, while GLD has yielded a comparatively higher 14.01% annualized return.
SC01.DE
- 1D
- -0.73%
- 1M
- -4.98%
- YTD
- -4.05%
- 6M
- 1.16%
- 1Y
- 9.10%
- 3Y*
- 14.34%
- 5Y*
- 10.44%
- 10Y*
- 9.91%
GLD
- 1D
- 0.00%
- 1M
- -6.12%
- YTD
- 12.17%
- 6M
- 25.02%
- 1Y
- 42.23%
- 3Y*
- 30.76%
- 5Y*
- 22.44%
- 10Y*
- 14.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SC01.DE vs. GLD - Expense Ratio Comparison
SC01.DE has a 0.20% expense ratio, which is lower than GLD's 0.40% expense ratio.
Return for Risk
SC01.DE vs. GLD — Risk / Return Rank
SC01.DE
GLD
SC01.DE vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Construction Sector UCITS ETF (SC01.DE) and SPDR Gold Shares (GLD). 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.
| SC01.DE | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.45 | 1.65 | -1.20 |
Sortino ratioReturn per unit of downside risk | 0.74 | 2.09 | -1.35 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.32 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.45 | -1.65 |
Martin ratioReturn relative to average drawdown | 2.72 | 8.43 | -5.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SC01.DE | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 1.65 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 1.37 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.95 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.68 | -0.04 |
Correlation
The correlation between SC01.DE and GLD is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
SC01.DE vs. GLD - Dividend Comparison
Neither SC01.DE nor GLD has paid dividends to shareholders.
Drawdowns
SC01.DE vs. GLD - Drawdown Comparison
The maximum SC01.DE drawdown since its inception was -37.00%, roughly equal to the maximum GLD drawdown of -37.47%. Use the drawdown chart below to compare losses from any high point for SC01.DE and GLD.
Loading graphics...
Drawdown Indicators
| SC01.DE | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.00% | -45.56% | +8.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.23% | -19.21% | +3.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.80% | -21.03% | -7.77% |
Max Drawdown (10Y)Largest decline over 10 years | -37.00% | -22.00% | -15.00% |
Current DrawdownCurrent decline from peak | -10.94% | -13.41% | +2.47% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -16.17% | +9.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 5.32% | -0.84% |
Volatility
SC01.DE vs. GLD - Volatility Comparison
The current volatility for Invesco European Construction Sector UCITS ETF (SC01.DE) is 8.07%, while SPDR Gold Shares (GLD) has a volatility of 10.54%. This indicates that SC01.DE experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SC01.DE | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.07% | 10.54% | -2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 23.32% | -9.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.38% | 25.76% | -5.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.87% | 16.49% | +3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.94% | 14.82% | +10.12% |