SC02.DE vs. EQQX.DE
SC02.DE (Invesco European Financials Sector UCITS ETF) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - SC02.DE is a Financials Equities fund tracking the STOXX® Europe 600 Optimised Financial Services, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, SC02.DE returned 8.30%/yr vs 19.11%/yr for EQQX.DE. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC02.DE vs. EQQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC02.DE achieves a 1.67% return, which is significantly lower than EQQX.DE's 21.61% return.
SC02.DE
- 1D
- 1.84%
- 1M
- 0.07%
- YTD
- 1.67%
- 6M
- 8.51%
- 1Y
- 3.83%
- 3Y*
- 16.32%
- 5Y*
- 8.30%
- 10Y*
- 10.49%
EQQX.DE
- 1D
- 0.11%
- 1M
- 10.15%
- YTD
- 21.61%
- 6M
- 20.44%
- 1Y
- 39.08%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
SC02.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SC02.DE Invesco European Financials Sector UCITS ETF | 1.67% | 9.93% | 19.25% | 27.60% | -20.74% | 13.06% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 51.62% | -29.90% | 26.11% |
Correlation
The correlation between SC02.DE and EQQX.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.57 |
The correlation between SC02.DE and EQQX.DE has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.
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Return for Risk
SC02.DE vs. EQQX.DE — Risk / Return Rank
SC02.DE
EQQX.DE
SC02.DE vs. EQQX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Financials Sector UCITS ETF (SC02.DE) and Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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.
| SC02.DE | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.44 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 3.91 | -3.60 |
| Martin ratioReturn relative to average drawdown | 0.86 | 11.64 | -10.79 |
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
| SC02.DE | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 2.49 | -2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.95 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.90 | -0.35 |
Drawdowns
SC02.DE vs. EQQX.DE - Drawdown Comparison
The maximum SC02.DE drawdown since its inception was -42.86%, which is greater than EQQX.DE's maximum drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for SC02.DE and EQQX.DE.
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Drawdown Indicators
| SC02.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.86% | -31.17% | -11.69% |
Max Drawdown (1Y)Largest decline over 1 year | -12.17% | -9.97% | -2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -19.17% | -26.80% | +7.63% |
Max Drawdown (5Y)Largest decline over 5 years | -29.68% | -31.17% | +1.49% |
Max Drawdown (10Y)Largest decline over 10 years | -42.86% | — | — |
Current DrawdownCurrent decline from peak | -3.42% | 0.00% | -3.42% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -7.99% | -0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 3.36% | +1.10% |
Volatility
SC02.DE vs. EQQX.DE - Volatility Comparison
Invesco European Financials Sector UCITS ETF (SC02.DE) has a higher volatility of 4.93% compared to Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) at 4.15%. This indicates that SC02.DE's price experiences larger fluctuations and is considered to be riskier than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC02.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 4.15% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 10.89% | +1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.92% | 15.75% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 19.86% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.65% | 19.79% | +0.86% |
SC02.DE vs. EQQX.DE - Expense Ratio Comparison
Both SC02.DE and EQQX.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SC02.DE vs. EQQX.DE - Dividend Comparison
Neither SC02.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
SC02.DE and EQQX.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC02.DE and EQQX.DE have the same expense ratio: 0.20% per year.
SC02.DE is categorized as Financials Equities, while EQQX.DE is Nasdaq-100. SC02.DE tracks STOXX® Europe 600 Optimised Financial Services, while EQQX.DE tracks Nasdaq 100®.
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