SC02.DE vs. SC0Y.DE
SC02.DE (Invesco European Financials Sector UCITS ETF) and SC0Y.DE (Invesco European Insurance Sector UCITS ETF Acc) are both Financials Equities funds from Invesco - SC02.DE tracks the STOXX® Europe 600 Optimised Financial Services while SC0Y.DE tracks the STOXX® Europe 600 Optimised Insurance. Both are passively managed. Over the past 10 years, SC02.DE returned 10.49%/yr vs 10.75%/yr for SC0Y.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC02.DE vs. SC0Y.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 higher than SC0Y.DE's -2.77% return. Both investments have delivered pretty close results over the past 10 years, with SC02.DE having a 10.49% annualized return and SC0Y.DE not far ahead at 10.75%.
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%
SC0Y.DE
- 1D
- 0.26%
- 1M
- -1.73%
- YTD
- -2.77%
- 6M
- 2.04%
- 1Y
- 2.50%
- 3Y*
- 17.89%
- 5Y*
- 13.84%
- 10Y*
- 10.75%
SC02.DE vs. SC0Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC02.DE Invesco European Financials Sector UCITS ETF | 1.67% | 9.93% | 19.25% | 27.60% | -20.74% | 24.60% | 6.09% | 46.54% | -14.49% | 18.89% |
SC0Y.DE Invesco European Insurance Sector UCITS ETF Acc | -2.77% | 29.31% | 22.30% | 12.85% | 2.78% | 19.96% | -10.11% | 29.63% | -7.85% | 10.14% |
Correlation
The correlation between SC02.DE and SC0Y.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2009 | 0.74 |
The correlation between SC02.DE and SC0Y.DE shifts across timeframes, from 0.60 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SC02.DE vs. SC0Y.DE — Risk / Return Rank
SC02.DE
SC0Y.DE
SC02.DE vs. SC0Y.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 European Insurance Sector UCITS ETF Acc (SC0Y.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 | SC0Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.04 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 0.35 | -0.04 |
| Martin ratioReturn relative to average drawdown | 0.86 | 0.71 | +0.14 |
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 | SC0Y.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.17 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.82 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.54 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.52 | +0.03 |
Drawdowns
SC02.DE vs. SC0Y.DE - Drawdown Comparison
The maximum SC02.DE drawdown since its inception was -42.86%, smaller than the maximum SC0Y.DE drawdown of -46.88%. Use the drawdown chart below to compare losses from any high point for SC02.DE and SC0Y.DE.
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Drawdown Indicators
| SC02.DE | SC0Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.86% | -46.88% | +4.02% |
Max Drawdown (1Y)Largest decline over 1 year | -12.17% | -7.02% | -5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -19.17% | -12.60% | -6.57% |
Max Drawdown (5Y)Largest decline over 5 years | -29.68% | -18.89% | -10.79% |
Max Drawdown (10Y)Largest decline over 10 years | -42.86% | -46.88% | +4.02% |
Current DrawdownCurrent decline from peak | -3.42% | -5.41% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -7.14% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 3.49% | +0.97% |
Volatility
SC02.DE vs. SC0Y.DE - Volatility Comparison
Invesco European Financials Sector UCITS ETF (SC02.DE) has a higher volatility of 4.93% compared to Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) at 4.60%. This indicates that SC02.DE's price experiences larger fluctuations and is considered to be riskier than SC0Y.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 | SC0Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 4.60% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 11.38% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.92% | 14.86% | +1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.08% | 16.61% | +2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.65% | 19.86% | +0.79% |
SC02.DE vs. SC0Y.DE - Expense Ratio Comparison
Both SC02.DE and SC0Y.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. SC0Y.DE - Dividend Comparison
Neither SC02.DE nor SC0Y.DE has paid dividends to shareholders.
Frequently Asked Questions
SC02.DE and SC0Y.DE have a correlation of 0.60, 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 SC0Y.DE have the same expense ratio: 0.20% per year.
SC02.DE tracks STOXX® Europe 600 Optimised Financial Services, while SC0Y.DE tracks STOXX® Europe 600 Optimised Insurance.
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