SC04.DE vs. AMEL.DE
SC04.DE (Invesco European Household Sector UCITS ETF) and AMEL.DE (Amundi MSCI Emerging Markets Latin America UCITS ETF EUR) are both exchange-traded funds - SC04.DE is a Consumer Staples Equities fund tracking the STOXX® Europe 600 Optimised Personal & Household Goods, while AMEL.DE is a Latin America Equities fund tracking the MSCI Emerging Markets Latin America. Both are passively managed. Over the past 10 years, SC04.DE returned 4.39%/yr vs 7.43%/yr for AMEL.DE. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SC04.DE vs. AMEL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC04.DE achieves a -10.69% return, which is significantly lower than AMEL.DE's 10.83% return. Over the past 10 years, SC04.DE has underperformed AMEL.DE with an annualized return of 4.39%, while AMEL.DE has yielded a comparatively higher 7.43% annualized return.
SC04.DE
- 1D
- -0.09%
- 1M
- 2.35%
- YTD
- -10.69%
- 6M
- -10.49%
- 1Y
- -4.17%
- 3Y*
- -0.12%
- 5Y*
- 0.82%
- 10Y*
- 4.39%
AMEL.DE
- 1D
- -0.86%
- 1M
- -7.22%
- YTD
- 10.83%
- 6M
- 8.65%
- 1Y
- 34.54%
- 3Y*
- 10.77%
- 5Y*
- 9.48%
- 10Y*
- 7.43%
SC04.DE vs. AMEL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC04.DE Invesco European Household Sector UCITS ETF | -10.69% | 7.57% | 7.08% | 8.48% | -10.95% | 19.37% | 6.54% | 29.50% | -16.18% | 13.26% |
AMEL.DE Amundi MSCI Emerging Markets Latin America UCITS ETF EUR | 10.83% | 38.06% | -22.22% | 28.09% | 16.34% | -3.21% | -21.29% | 20.69% | -3.27% | 8.15% |
Correlation
The correlation between SC04.DE and AMEL.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2011 | 0.43 |
The correlation between SC04.DE and AMEL.DE shifts across timeframes, from 0.32 (3 years) to 0.43 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SC04.DE vs. AMEL.DE — Risk / Return Rank
SC04.DE
AMEL.DE
SC04.DE vs. AMEL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Household Sector UCITS ETF (SC04.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.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.
| SC04.DE | AMEL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.33 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 3.16 | -3.44 |
| Martin ratioReturn relative to average drawdown | -0.63 | 9.66 | -10.29 |
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
| SC04.DE | AMEL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 1.90 | -2.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.45 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.29 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.12 | +0.45 |
Drawdowns
SC04.DE vs. AMEL.DE - Drawdown Comparison
The maximum SC04.DE drawdown since its inception was -29.42%, smaller than the maximum AMEL.DE drawdown of -52.69%. Use the drawdown chart below to compare losses from any high point for SC04.DE and AMEL.DE.
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Drawdown Indicators
| SC04.DE | AMEL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.42% | -52.69% | +23.27% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -10.86% | -4.48% |
Max Drawdown (3Y)Largest decline over 3 years | -17.60% | -25.38% | +7.78% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -25.38% | +3.34% |
Max Drawdown (10Y)Largest decline over 10 years | -29.42% | -51.31% | +21.89% |
Current DrawdownCurrent decline from peak | -12.83% | -10.86% | -1.97% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -17.89% | +12.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.64% | 3.57% | +3.07% |
Volatility
SC04.DE vs. AMEL.DE - Volatility Comparison
Invesco European Household Sector UCITS ETF (SC04.DE) and Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (AMEL.DE) have volatilities of 5.37% and 5.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC04.DE | AMEL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 5.32% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 15.30% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.34% | 18.10% | -1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 20.90% | -3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 25.27% | -8.30% |
SC04.DE vs. AMEL.DE - Expense Ratio Comparison
Both SC04.DE and AMEL.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
SC04.DE vs. AMEL.DE - Dividend Comparison
Neither SC04.DE nor AMEL.DE has paid dividends to shareholders.
Frequently Asked Questions
SC04.DE and AMEL.DE have a correlation of 0.34, 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.
SC04.DE and AMEL.DE have the same expense ratio: 0.20% per year.
SC04.DE is categorized as Consumer Staples Equities, while AMEL.DE is Latin America Equities. SC04.DE tracks STOXX® Europe 600 Optimised Personal & Household Goods, while AMEL.DE tracks MSCI Emerging Markets Latin America. They also come from different issuers: Invesco and Amundi.
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