SC06.DE vs. FXAIX

Last updated Jun 5, 2026

SC06.DE (Invesco European Media Sector UCITS ETF) and FXAIX (Fidelity 500 Index Fund) are both funds - SC06.DE is a Communications Equities fund tracking the STOXX® Europe 600 Optimised Media, while FXAIX is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, SC06.DE returned 4.46%/yr vs 15.32%/yr for FXAIX. At a 0.16 correlation, their price movements are largely independent. SC06.DE charges 0.20%/yr vs 0.02%/yr for FXAIX.

Performance

SC06.DE vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Media Sector UCITS ETF (SC06.DE) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SC06.DE is traded in EUR, while FXAIX is traded in USD. To make them comparable, the FXAIX values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SC06.DE achieves a -5.54% return, which is significantly lower than FXAIX's 12.64% return. Over the past 10 years, SC06.DE has underperformed FXAIX with an annualized return of 4.46%, while FXAIX has yielded a comparatively higher 15.32% annualized return.

SC06.DE

• 1D: 1.32%
• 1M: 2.04%
• YTD: -5.54%
• 6M: -4.42%
• 1Y: -17.09%
• 3Y*: 4.36%
• 5Y*: 4.82%
• 10Y*: 4.46%

FXAIX

• 1D: 0.29%
• 1M: 4.31%
• YTD: 12.64%
• 6M: 11.31%
• 1Y: 27.36%
• 3Y*: 19.45%
• 5Y*: 15.07%
• 10Y*: 15.32%

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

SC06.DE vs. FXAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC06.DE Invesco European Media Sector UCITS ETF	-5.54%	-12.40%	17.82%	25.27%	-9.94%	31.36%	-6.34%	23.56%	-4.14%	-1.89%
FXAIX Fidelity 500 Index Fund	12.64%	3.86%	33.27%	22.50%	-13.06%	38.33%	8.66%	34.45%	0.06%	6.85%

Correlation

The correlation between SC06.DE and FXAIX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.16
Correlation (All Time) Calculated using the full available price history since May 5, 2011	0.16

The correlation between SC06.DE and FXAIX shifts across timeframes, from 0.16 (all time) to 0.30 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SC06.DE vs. FXAIX — Risk / Return Rank

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

SC06.DE

SC06.DE Risk / Return Rank: 3
SC06.DE Sharpe Ratio Rank: 2
SC06.DE Sortino Ratio Rank: 3
SC06.DE Omega Ratio Rank: 3
SC06.DE Calmar Ratio Rank: 4
SC06.DE Martin Ratio Rank: 4

FXAIX

FXAIX Risk / Return Rank: 73
FXAIX Sharpe Ratio Rank: 73
FXAIX Sortino Ratio Rank: 66
FXAIX Omega Ratio Rank: 67
FXAIX Calmar Ratio Rank: 74
FXAIX Martin Ratio Rank: 84

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.

SC06.DE vs. FXAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco European Media Sector UCITS ETF (SC06.DE) and Fidelity 500 Index Fund (FXAIX). 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.

	SC06.DE	FXAIX	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	2.16	-3.05
Sortino ratio: Return per unit of downside risk	-1.13	2.81	-3.94
Omega ratio: Gain probability vs. loss probability	0.86	1.40	-0.53
Calmar ratio: Return relative to maximum drawdown	-0.55	3.62	-4.17
Martin ratio: Return relative to average drawdown	-1.04	13.70	-14.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC06.DE vs. FXAIX - Sharpe Ratio Comparison

The current SC06.DE Sharpe Ratio is -0.89, which is lower than the FXAIX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of SC06.DE and FXAIX, 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

	SC06.DE	FXAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.89	2.16	-3.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.90	-0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.83	-0.50
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.90	-0.15

Drawdowns

SC06.DE vs. FXAIX - Drawdown Comparison

The maximum SC06.DE drawdown since its inception was -38.98%, which is greater than FXAIX's maximum drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for SC06.DE and FXAIX.

Drawdown Indicators

	SC06.DE	FXAIX	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-33.29%	-5.69%
Max Drawdown (1Y) Largest decline over 1 year	-30.58%	-7.33%	-23.25%
Max Drawdown (3Y) Largest decline over 3 years	-36.62%	-23.83%	-12.79%
Max Drawdown (5Y) Largest decline over 5 years	-36.62%	-23.83%	-12.79%
Max Drawdown (10Y) Largest decline over 10 years	-38.98%	-33.29%	-5.69%
Current Drawdown Current decline from peak	-24.67%	-0.16%	-24.51%
Average Drawdown Average peak-to-trough decline	-9.06%	-3.92%	-5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.14%	1.93%	+14.21%

Volatility

SC06.DE vs. FXAIX - Volatility Comparison

Invesco European Media Sector UCITS ETF (SC06.DE) has a higher volatility of 5.69% compared to Fidelity 500 Index Fund (FXAIX) at 2.23%. This indicates that SC06.DE's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC06.DE	FXAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.69%	2.23%	+3.46%
Volatility (6M) Calculated over the trailing 6-month period	15.63%	8.61%	+7.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.88%	12.28%	+6.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	16.82%	+3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.41%	18.60%	+7.81%

SC06.DE vs. FXAIX - Expense Ratio Comparison

SC06.DE has a 0.20% expense ratio, which is higher than FXAIX's 0.02% 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

SC06.DE vs. FXAIX - Dividend Comparison

SC06.DE has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXAIX Fidelity 500 Index Fund	1.03%	1.11%	1.25%	1.45%	1.69%	1.22%	1.60%	2.06%	2.72%	1.97%	2.52%	2.83%
SC06.DE Invesco European Media 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

Can I hold both SC06.DE and FXAIX in my portfolio?

SC06.DE and FXAIX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.