SC0C.DE vs. TPXG.L

Last updated Jun 5, 2026

SC0C.DE (Invesco STOXX Europe 600 UCITS ETF) and TPXG.L (Amundi Japan Topix UCITS ETF JPY) are both exchange-traded funds - SC0C.DE is a Europe Equities fund tracking the STOXX® Europe 600, while TPXG.L is a Japan Equities fund tracking the TOPIX TR JPY. Both are passively managed. Over the past 5 years, SC0C.DE returned 9.59%/yr vs 10.84%/yr for TPXG.L. At a 0.26 correlation, their price movements are largely independent. SC0C.DE charges 0.19%/yr vs 0.20%/yr for TPXG.L.

Performance

SC0C.DE vs. TPXG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco STOXX Europe 600 UCITS ETF (SC0C.DE) and Amundi Japan Topix UCITS ETF JPY (TPXG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SC0C.DE is traded in EUR, while TPXG.L is traded in GBp. To make them comparable, the TPXG.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SC0C.DE achieves a 7.46% return, which is significantly lower than TPXG.L's 15.97% return.

SC0C.DE

• 1D: 0.58%
• 1M: 3.10%
• YTD: 7.46%
• 6M: 10.04%
• 1Y: 16.30%
• 3Y*: 13.82%
• 5Y*: 9.59%
• 10Y*: 9.07%

TPXG.L

• 1D: -0.28%
• 1M: 5.40%
• YTD: 15.97%
• 6M: 15.74%
• 1Y: 28.56%
• 3Y*: 16.63%
• 5Y*: 10.84%
• 10Y*: —

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

SC0C.DE vs. TPXG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC0C.DE Invesco STOXX Europe 600 UCITS ETF	7.46%	20.66%	8.31%	15.54%	-10.52%	24.51%	-1.98%	28.32%	-11.21%	4.66%
TPXG.L Amundi Japan Topix UCITS ETF JPY	15.97%	12.41%	13.08%	15.86%	-11.01%	9.88%	1.41%	13.38%	-3.16%	10.53%

Correlation

The correlation between SC0C.DE and TPXG.L is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Sep 6, 2017	0.26

Over the past year, SC0C.DE and TPXG.L have become more correlated (0.57) than their long-term average of 0.26, meaning their price movements have been converging.

Return for Risk

SC0C.DE vs. TPXG.L — Risk / Return Rank

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

SC0C.DE

SC0C.DE Risk / Return Rank: 37
SC0C.DE Sharpe Ratio Rank: 36
SC0C.DE Sortino Ratio Rank: 36
SC0C.DE Omega Ratio Rank: 37
SC0C.DE Calmar Ratio Rank: 36
SC0C.DE Martin Ratio Rank: 42

TPXG.L

TPXG.L Risk / Return Rank: 57
TPXG.L Sharpe Ratio Rank: 55
TPXG.L Sortino Ratio Rank: 55
TPXG.L Omega Ratio Rank: 58
TPXG.L Calmar Ratio Rank: 62
TPXG.L Martin Ratio Rank: 56

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.

SC0C.DE vs. TPXG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco STOXX Europe 600 UCITS ETF (SC0C.DE) and Amundi Japan Topix UCITS ETF JPY (TPXG.L). 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.

	SC0C.DE	TPXG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.62	-0.35
Sortino ratio: Return per unit of downside risk	1.87	2.40	-0.53
Omega ratio: Gain probability vs. loss probability	1.24	1.30	-0.06
Calmar ratio: Return relative to maximum drawdown	1.75	2.93	-1.18
Martin ratio: Return relative to average drawdown	6.54	9.67	-3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0C.DE vs. TPXG.L - Sharpe Ratio Comparison

The current SC0C.DE Sharpe Ratio is 1.27, which is comparable to the TPXG.L Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of SC0C.DE and TPXG.L, 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

	SC0C.DE	TPXG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.62	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.92	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.89	-0.28

Drawdowns

SC0C.DE vs. TPXG.L - Drawdown Comparison

The maximum SC0C.DE drawdown since its inception was -35.89%, which is greater than TPXG.L's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for SC0C.DE and TPXG.L.

Drawdown Indicators

	SC0C.DE	TPXG.L	Difference
Max Drawdown Largest peak-to-trough decline	-35.89%	-27.51%	-8.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-9.70%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	-16.30%	-15.91%	-0.39%
Max Drawdown (5Y) Largest decline over 5 years	-20.52%	-18.47%	-2.05%
Max Drawdown (10Y) Largest decline over 10 years	-35.89%	—	—
Current Drawdown Current decline from peak	-1.69%	-0.28%	-1.41%
Average Drawdown Average peak-to-trough decline	-5.32%	-4.91%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.95%	-0.46%

Volatility

SC0C.DE vs. TPXG.L - Volatility Comparison

Invesco STOXX Europe 600 UCITS ETF (SC0C.DE) has a higher volatility of 4.41% compared to Amundi Japan Topix UCITS ETF JPY (TPXG.L) at 3.64%. This indicates that SC0C.DE's price experiences larger fluctuations and is considered to be riskier than TPXG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0C.DE	TPXG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	3.64%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	10.55%	14.19%	-3.64%
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	17.59%	-4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.39%	20.96%	-6.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.99%	25.96%	-9.97%

SC0C.DE vs. TPXG.L - Expense Ratio Comparison

SC0C.DE has a 0.19% expense ratio, which is lower than TPXG.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SC0C.DE vs. TPXG.L - Dividend Comparison

Neither SC0C.DE nor TPXG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SC0C.DE and TPXG.L in my portfolio?

SC0C.DE and TPXG.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC0C.DE or TPXG.L?

On fees, SC0C.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC0C.DE or TPXG.L?

SC0C.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for TPXG.L.

What is the main difference between SC0C.DE and TPXG.L?

SC0C.DE is categorized as Europe Equities, while TPXG.L is Japan Equities. SC0C.DE tracks STOXX® Europe 600, while TPXG.L tracks TOPIX TR JPY. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.19% for SC0C.DE and 0.20% for TPXG.L.