SC04.DE vs. DFOP.DE

Last updated Jun 4, 2026

SC04.DE (Invesco European Household Sector UCITS ETF) and DFOP.DE (Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist) are both Consumer Staples Equities funds - SC04.DE tracks the STOXX® Europe 600 Optimised Personal & Household Goods while DFOP.DE tracks the STOXX® Europe 600 Food & Beverage. Both are passively managed. Over the past 10 years, SC04.DE returned 4.41%/yr vs 2.61%/yr for DFOP.DE. A 0.69 correlation means they provide meaningful diversification when combined. SC04.DE charges 0.20%/yr vs 0.30%/yr for DFOP.DE.

Performance

SC04.DE vs. DFOP.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Household Sector UCITS ETF (SC04.DE) and Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist (DFOP.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SC04.DE achieves a -10.61% return, which is significantly lower than DFOP.DE's -1.41% return. Over the past 10 years, SC04.DE has outperformed DFOP.DE with an annualized return of 4.41%, while DFOP.DE has yielded a comparatively lower 2.61% annualized return.

SC04.DE

• 1D: -1.50%
• 1M: 2.56%
• YTD: -10.61%
• 6M: -10.18%
• 1Y: -3.44%
• 3Y*: -0.36%
• 5Y*: 0.84%
• 10Y*: 4.41%

DFOP.DE

• 1D: -0.46%
• 1M: -0.69%
• YTD: -1.41%
• 6M: -1.40%
• 1Y: -4.60%
• 3Y*: -1.96%
• 5Y*: -1.01%
• 10Y*: 2.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SC04.DE vs. DFOP.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC04.DE Invesco European Household Sector UCITS ETF	-10.61%	7.57%	7.08%	8.48%	-10.95%	19.37%	6.54%	29.50%	-16.18%	13.26%
DFOP.DE Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist	-1.41%	5.99%	-3.88%	-2.06%	-13.09%	23.08%	-6.16%	29.47%	-7.36%	12.34%

Correlation

The correlation between SC04.DE and DFOP.DE is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Aug 10, 2009	0.69

The correlation between SC04.DE and DFOP.DE has been stable across timeframes, ranging from 0.60 to 0.69 - a consistent structural relationship.

Return for Risk

SC04.DE vs. DFOP.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SC04.DE

SC04.DE Risk / Return Rank: 6
SC04.DE Sharpe Ratio Rank: 7
SC04.DE Sortino Ratio Rank: 6
SC04.DE Omega Ratio Rank: 6
SC04.DE Calmar Ratio Rank: 7
SC04.DE Martin Ratio Rank: 6

DFOP.DE

DFOP.DE Risk / Return Rank: 5
DFOP.DE Sharpe Ratio Rank: 6
DFOP.DE Sortino Ratio Rank: 5
DFOP.DE Omega Ratio Rank: 5
DFOP.DE Calmar Ratio Rank: 6
DFOP.DE Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SC04.DE vs. DFOP.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 Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist (DFOP.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	DFOP.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.21	-0.36	+0.15
Sortino ratio Return per unit of downside risk	-0.19	-0.42	+0.22
Omega ratio Gain probability vs. loss probability	0.98	0.95	+0.03
Calmar ratio Return relative to maximum drawdown	-0.22	-0.39	+0.16
Martin ratio Return relative to average drawdown	-0.52	-0.76	+0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC04.DE vs. DFOP.DE - Sharpe Ratio Comparison

The current SC04.DE Sharpe Ratio is -0.21, which is higher than the DFOP.DE Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of SC04.DE and DFOP.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SC04.DE	DFOP.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	-0.36	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	-0.07	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	0.19	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.57	+0.01

Drawdowns

SC04.DE vs. DFOP.DE - Drawdown Comparison

The maximum SC04.DE drawdown since its inception was -29.42%, roughly equal to the maximum DFOP.DE drawdown of -30.33%. Use the drawdown chart below to compare losses from any high point for SC04.DE and DFOP.DE.

Drawdown Indicators

	SC04.DE	DFOP.DE	Difference
Max Drawdown Largest peak-to-trough decline	-29.42%	-30.33%	+0.91%
Max Drawdown (1Y) Largest decline over 1 year	-15.34%	-11.83%	-3.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.60%	-13.58%	-4.02%
Max Drawdown (5Y) Largest decline over 5 years	-22.04%	-21.98%	-0.06%
Max Drawdown (10Y) Largest decline over 10 years	-29.42%	-30.33%	+0.91%
Current Drawdown Current decline from peak	-12.75%	-15.99%	+3.24%
Average Drawdown Average peak-to-trough decline	-5.57%	-7.05%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	5.88%	+0.71%

Volatility

SC04.DE vs. DFOP.DE - Volatility Comparison

Invesco European Household Sector UCITS ETF (SC04.DE) has a higher volatility of 6.49% compared to Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist (DFOP.DE) at 4.93%. This indicates that SC04.DE's price experiences larger fluctuations and is considered to be riskier than DFOP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC04.DE	DFOP.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	4.93%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	13.27%	10.43%	+2.84%
Volatility (1Y) Calculated over the trailing 1-year period	16.34%	12.89%	+3.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	13.34%	+3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	14.09%	+2.89%

SC04.DE vs. DFOP.DE - Expense Ratio Comparison

SC04.DE has a 0.20% expense ratio, which is lower than DFOP.DE's 0.30% expense ratio.

Dividends

SC04.DE vs. DFOP.DE - Dividend Comparison

SC04.DE has not paid dividends to shareholders, while DFOP.DE's dividend yield for the trailing twelve months is around 1.42%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFOP.DE Lyxor STOXX Europe 600 Food & Beverage UCITS ETF Dist	1.42%	1.40%	1.94%	1.47%	2.06%	1.46%	2.31%	1.65%	2.35%	0.84%
SC04.DE Invesco European Household Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SC04.DE and DFOP.DE in my portfolio?

SC04.DE and DFOP.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC04.DE or DFOP.DE?

On fees, SC04.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC04.DE or DFOP.DE?

SC04.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for DFOP.DE.

What is the main difference between SC04.DE and DFOP.DE?

SC04.DE tracks STOXX® Europe 600 Optimised Personal & Household Goods, while DFOP.DE tracks STOXX® Europe 600 Food & Beverage. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.20% for SC04.DE and 0.30% for DFOP.DE.