SC04.DE vs. IEF
SC04.DE (Invesco European Household Sector UCITS ETF) and IEF (iShares 7-10 Year Treasury Bond ETF) are both exchange-traded funds - SC04.DE is a Consumer Staples Equities fund tracking the STOXX® Europe 600 Optimised Personal & Household Goods, while IEF is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Both are passively managed. Over the past 10 years, SC04.DE returned 4.39%/yr vs 0.45%/yr for IEF. At a correlation of -0.02, they often move in opposite directions. SC04.DE charges 0.20%/yr vs 0.15%/yr for IEF.
Performance
SC04.DE vs. IEF - Performance Comparison
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Different Trading Currencies
SC04.DE is traded in EUR, while IEF is traded in USD. To make them comparable, the IEF values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, SC04.DE achieves a -10.69% return, which is significantly lower than IEF's 0.60% return. Over the past 10 years, SC04.DE has outperformed IEF with an annualized return of 4.39%, while IEF has yielded a comparatively lower 0.45% 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%
IEF
- 1D
- -0.01%
- 1M
- 0.57%
- YTD
- 0.60%
- 6M
- -0.47%
- 1Y
- 1.70%
- 3Y*
- -0.20%
- 5Y*
- -0.19%
- 10Y*
- 0.45%
SC04.DE vs. IEF - 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% |
IEF iShares 7-10 Year Treasury Bond ETF | 0.60% | -4.79% | 5.92% | 0.53% | -9.90% | 3.90% | 0.94% | 10.47% | 5.73% | -10.05% |
Correlation
The correlation between SC04.DE and IEF is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2009 | -0.02 |
The correlation between SC04.DE and IEF shifts across timeframes, from -0.04 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SC04.DE vs. IEF — Risk / Return Rank
SC04.DE
IEF
SC04.DE vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Household Sector UCITS ETF (SC04.DE) and iShares 7-10 Year Treasury Bond ETF (IEF). 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 | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.05 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.34 | -0.61 |
| Martin ratioReturn relative to average drawdown | -0.63 | 0.96 | -1.59 |
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 | IEF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 0.28 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.02 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.05 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.36 | +0.21 |
Drawdowns
SC04.DE vs. IEF - Drawdown Comparison
The maximum SC04.DE drawdown since its inception was -29.42%, which is greater than IEF's maximum drawdown of -21.59%. Use the drawdown chart below to compare losses from any high point for SC04.DE and IEF.
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Drawdown Indicators
| SC04.DE | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.42% | -21.59% | -7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -5.08% | -10.26% |
Max Drawdown (3Y)Largest decline over 3 years | -17.60% | -11.07% | -6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -22.04% | -15.81% | -6.23% |
Max Drawdown (10Y)Largest decline over 10 years | -29.42% | -21.59% | -7.83% |
Current DrawdownCurrent decline from peak | -12.83% | -16.64% | +3.81% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -9.55% | +3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.64% | 1.82% | +4.82% |
Volatility
SC04.DE vs. IEF - Volatility Comparison
Invesco European Household Sector UCITS ETF (SC04.DE) has a higher volatility of 5.37% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.01%. This indicates that SC04.DE's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC04.DE | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 1.01% | +4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 4.60% | +8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.34% | 6.15% | +10.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.15% | 9.19% | +7.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 8.75% | +8.22% |
SC04.DE vs. IEF - Expense Ratio Comparison
SC04.DE has a 0.20% expense ratio, which is higher than IEF's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SC04.DE vs. IEF - Dividend Comparison
SC04.DE has not paid dividends to shareholders, while IEF's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEF iShares 7-10 Year Treasury Bond ETF | 3.90% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
SC04.DE and IEF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEF is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEF is cheaper with a 0.15% expense ratio, compared with 0.20% for SC04.DE.
SC04.DE is categorized as Consumer Staples Equities, while IEF is Government Bonds. SC04.DE tracks STOXX® Europe 600 Optimised Personal & Household Goods, while IEF tracks ICE U.S. Treasury 7-10 Year Bond Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SC04.DE and 0.15% for IEF.
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