SC0C.DE vs. XESD.DE
SC0C.DE (Invesco STOXX Europe 600 UCITS ETF) and XESD.DE (Xtrackers Spanish Equity UCITS ETF) are both Europe Equities funds - SC0C.DE tracks the STOXX® Europe 600 while XESD.DE tracks the Solactive Spain 40. Both are passively managed. Over the past 5 years, SC0C.DE returned 9.59%/yr vs 18.89%/yr for XESD.DE. A 0.80 correlation means they provide meaningful diversification when combined. SC0C.DE charges 0.19%/yr vs 0.30%/yr for XESD.DE.
Performance
SC0C.DE vs. XESD.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SC0C.DE having a 7.46% return and XESD.DE slightly lower at 7.26%.
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%
XESD.DE
- 1D
- 0.58%
- 1M
- 3.65%
- YTD
- 7.26%
- 6M
- 11.32%
- 1Y
- 35.71%
- 3Y*
- 29.40%
- 5Y*
- 18.89%
- 10Y*
- —
SC0C.DE vs. XESD.DE - 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% | 3.20% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 7.26% | 58.73% | 14.57% | 26.73% | -1.59% | 10.90% | -10.12% | 15.71% | -12.40% | -1.58% |
Correlation
The correlation between SC0C.DE and XESD.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2017 | 0.80 |
The correlation between SC0C.DE and XESD.DE has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
SC0C.DE vs. XESD.DE — Risk / Return Rank
SC0C.DE
XESD.DE
SC0C.DE vs. XESD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco STOXX Europe 600 UCITS ETF (SC0C.DE) and Xtrackers Spanish Equity UCITS ETF (XESD.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.
| SC0C.DE | XESD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.83 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.46 | -1.71 |
| Martin ratioReturn relative to average drawdown | 6.54 | 12.05 | -5.51 |
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
| SC0C.DE | XESD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 2.10 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 1.12 | -0.46 |
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 | 0.55 | +0.06 |
Drawdowns
SC0C.DE vs. XESD.DE - Drawdown Comparison
The maximum SC0C.DE drawdown since its inception was -35.89%, smaller than the maximum XESD.DE drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for SC0C.DE and XESD.DE.
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Drawdown Indicators
| SC0C.DE | XESD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.89% | -38.77% | +2.88% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -10.27% | +0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -16.30% | -12.49% | -3.81% |
Max Drawdown (5Y)Largest decline over 5 years | -20.52% | -18.59% | -1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -35.89% | — | — |
Current DrawdownCurrent decline from peak | -1.69% | -0.56% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -7.38% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 2.96% | -0.47% |
Volatility
SC0C.DE vs. XESD.DE - Volatility Comparison
Invesco STOXX Europe 600 UCITS ETF (SC0C.DE) and Xtrackers Spanish Equity UCITS ETF (XESD.DE) have volatilities of 4.41% and 4.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0C.DE | XESD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.46% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.55% | 14.06% | -3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 16.93% | -4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 16.73% | -2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 18.81% | -2.82% |
SC0C.DE vs. XESD.DE - Expense Ratio Comparison
SC0C.DE has a 0.19% expense ratio, which is lower than XESD.DE's 0.30% expense ratio.
Dividends
SC0C.DE vs. XESD.DE - Dividend Comparison
SC0C.DE has not paid dividends to shareholders, while XESD.DE's dividend yield for the trailing twelve months is around 2.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SC0C.DE Invesco STOXX Europe 600 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XESD.DE Xtrackers Spanish Equity UCITS ETF | 2.50% | 2.43% | 3.14% | 2.57% | 3.98% | 1.51% | 4.30% | 3.35% | 4.48% |
Frequently Asked Questions
SC0C.DE and XESD.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
SC0C.DE is cheaper with a 0.19% expense ratio, compared with 0.30% for XESD.DE.
SC0C.DE tracks STOXX® Europe 600, while XESD.DE tracks Solactive Spain 40. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.19% for SC0C.DE and 0.30% for XESD.DE.
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