SC03.DE vs. SC05.DE
SC03.DE (Invesco European Food & Bev Sector UCITS ETF) and SC05.DE (Invesco European Retail Sector UCITS ETF) are both Consumer Staples Equities funds from Invesco - SC03.DE tracks the STOXX® Europe 600 Optimised Food & Beverage while SC05.DE tracks the STOXX® Europe 600 Optimised Retail. Both are passively managed. Over the past 10 years, SC03.DE returned 1.67%/yr vs 5.54%/yr for SC05.DE. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC03.DE vs. SC05.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC03.DE achieves a 10.13% return, which is significantly higher than SC05.DE's 2.21% return. Over the past 10 years, SC03.DE has underperformed SC05.DE with an annualized return of 1.67%, while SC05.DE has yielded a comparatively higher 5.54% annualized return.
SC03.DE
- 1D
- 0.11%
- 1M
- 6.88%
- 6M
- 9.63%
- YTD
- 10.13%
- 1Y
- 6.40%
- 3Y*
- -1.90%
- 5Y*
- -2.04%
- 10Y*
- 1.67%
SC05.DE
- 1D
- -0.31%
- 1M
- 1.65%
- 6M
- 0.29%
- YTD
- 2.21%
- 1Y
- 11.15%
- 3Y*
- 8.18%
- 5Y*
- 1.37%
- 10Y*
- 5.54%
SC03.DE vs. SC05.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC03.DE Invesco European Food & Bev Sector UCITS ETF | 10.13% | -1.70% | -9.00% | -1.71% | -13.43% | 21.05% | -7.83% | 28.17% | -8.47% | 12.87% |
SC05.DE Invesco European Retail Sector UCITS ETF | 2.21% | 8.95% | 8.15% | 35.71% | -33.09% | 12.03% | 11.17% | 39.11% | -12.09% | -1.89% |
Correlation
The correlation between SC03.DE and SC05.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2009 | 0.56 |
Over the past year, the correlation between SC03.DE and SC05.DE has dropped to 0.35 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
SC03.DE vs. SC05.DE — Risk / Return Rank
SC03.DE
SC05.DE
SC03.DE vs. SC05.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Food & Bev Sector UCITS ETF (SC03.DE) and Invesco European Retail Sector UCITS ETF (SC05.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.
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.
| SC03.DE | SC05.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.48 | 0.75 | -0.27 |
| Martin ratioReturn relative to average drawdown | 1.08 | 1.93 | -0.86 |
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Drawdowns
SC03.DE vs. SC05.DE - Drawdown Comparison
The maximum SC03.DE drawdown since its inception was -32.59%, smaller than the maximum SC05.DE drawdown of -51.51%. Use the drawdown chart below to compare losses from any high point for SC03.DE and SC05.DE.
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Drawdown Indicators
| SC03.DE | SC05.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.59% | -51.51% | +18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -13.16% | -14.81% | +1.65% |
Max Drawdown (3Y)Largest decline over 3 years | -20.32% | -19.36% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -28.71% | -50.56% | +21.85% |
Max Drawdown (10Y)Largest decline over 10 years | -32.59% | -51.51% | +18.92% |
Current DrawdownCurrent decline from peak | -17.66% | -0.98% | -16.68% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -11.49% | +3.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.92% | 5.75% | +0.17% |
Volatility
SC03.DE vs. SC05.DE - Volatility Comparison
The current volatility for Invesco European Food & Bev Sector UCITS ETF (SC03.DE) is 5.57%, while Invesco European Retail Sector UCITS ETF (SC05.DE) has a volatility of 5.89%. This indicates that SC03.DE experiences smaller price fluctuations and is considered to be less risky than SC05.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC03.DE | SC05.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.57% | 5.89% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 16.50% | -4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.80% | 19.31% | -3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 22.11% | -7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.78% | 20.05% | -5.27% |
SC03.DE vs. SC05.DE - Expense Ratio Comparison
Both SC03.DE and SC05.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
SC03.DE vs. SC05.DE - Dividend Comparison
Neither SC03.DE nor SC05.DE has paid dividends to shareholders.
Frequently Asked Questions
SC03.DE and SC05.DE have a correlation of 0.35, 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.
SC03.DE and SC05.DE have the same expense ratio: 0.20% per year.
SC03.DE tracks STOXX® Europe 600 Optimised Food & Beverage, while SC05.DE tracks STOXX® Europe 600 Optimised Retail.
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