SC06.DE vs. QQQ
Compare and contrast key facts about Invesco European Media Sector UCITS ETF (SC06.DE) and Invesco QQQ (QQQ).
SC06.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SC06.DE is a passively managed fund by Invesco that tracks the performance of the STOXX® Europe 600 Optimised Media. It was launched on Jul 3, 2009. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both SC06.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SC06.DE or QQQ.
Correlation
The correlation between SC06.DE and QQQ is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SC06.DE vs. QQQ - Performance Comparison
Key characteristics
SC06.DE:
1.57
QQQ:
1.44
SC06.DE:
2.11
QQQ:
1.95
SC06.DE:
1.29
QQQ:
1.26
SC06.DE:
2.44
QQQ:
1.94
SC06.DE:
8.83
QQQ:
6.71
SC06.DE:
2.33%
QQQ:
3.92%
SC06.DE:
13.13%
QQQ:
18.27%
SC06.DE:
-38.98%
QQQ:
-82.98%
SC06.DE:
0.00%
QQQ:
0.00%
Returns By Period
In the year-to-date period, SC06.DE achieves a 9.31% return, which is significantly higher than QQQ's 5.27% return. Over the past 10 years, SC06.DE has underperformed QQQ with an annualized return of 14.49%, while QQQ has yielded a comparatively higher 18.50% annualized return.
SC06.DE
9.31%
8.97%
16.18%
19.66%
15.23%
14.49%
QQQ
5.27%
4.15%
13.63%
24.59%
18.87%
18.50%
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SC06.DE vs. QQQ - Expense Ratio Comparison
Both SC06.DE and QQQ 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%.
Risk-Adjusted Performance
SC06.DE vs. QQQ — Risk-Adjusted Performance Rank
SC06.DE
QQQ
SC06.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Media Sector UCITS ETF (SC06.DE) and Invesco QQQ (QQQ). 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.
Dividends
SC06.DE vs. QQQ - Dividend Comparison
SC06.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SC06.DE vs. QQQ - Drawdown Comparison
The maximum SC06.DE drawdown since its inception was -38.98%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SC06.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
SC06.DE vs. QQQ - Volatility Comparison
The current volatility for Invesco European Media Sector UCITS ETF (SC06.DE) is 3.15%, while Invesco QQQ (QQQ) has a volatility of 4.93%. This indicates that SC06.DE experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.