SC0D.DE vs. H4ZZ.DE
SC0D.DE (Invesco EURO STOXX 50 UCITS ETF) and H4ZZ.DE (HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)) are both Europe Equities funds - SC0D.DE tracks the EURO STOXX® 50 while H4ZZ.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 3 years, SC0D.DE returned 15.50%/yr vs 15.64%/yr for H4ZZ.DE. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.05% expense ratio.
Performance
SC0D.DE vs. H4ZZ.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SC0D.DE having a 7.29% return and H4ZZ.DE slightly lower at 7.20%.
SC0D.DE
- 1D
- 0.74%
- 1M
- 4.75%
- YTD
- 7.29%
- 6M
- 8.67%
- 1Y
- 15.66%
- 3Y*
- 15.50%
- 5Y*
- 11.35%
- 10Y*
- 10.37%
H4ZZ.DE
- 1D
- 0.77%
- 1M
- 4.70%
- YTD
- 7.20%
- 6M
- 8.61%
- 1Y
- 15.73%
- 3Y*
- 15.64%
- 5Y*
- —
- 10Y*
- —
SC0D.DE vs. H4ZZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SC0D.DE Invesco EURO STOXX 50 UCITS ETF | 7.29% | 22.01% | 10.91% | 22.46% | 9.55% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 7.20% | 22.35% | 10.99% | 22.53% | 9.82% |
Correlation
The correlation between SC0D.DE and H4ZZ.DE is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2022 | 1.00 |
The correlation between SC0D.DE and H4ZZ.DE has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SC0D.DE vs. H4ZZ.DE — Risk / Return Rank
SC0D.DE
H4ZZ.DE
SC0D.DE vs. H4ZZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) and HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.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.
| SC0D.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.18 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.43 | 0.00 |
| Martin ratioReturn relative to average drawdown | 4.87 | 4.86 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SC0D.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.98 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 1.18 | -0.71 |
Drawdowns
SC0D.DE vs. H4ZZ.DE - Drawdown Comparison
The maximum SC0D.DE drawdown since its inception was -38.50%, which is greater than H4ZZ.DE's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for SC0D.DE and H4ZZ.DE.
Loading charts...
Drawdown Indicators
| SC0D.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.50% | -16.46% | -22.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.93% | -10.94% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -16.54% | -16.46% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -23.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.50% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | -0.53% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -2.68% | -4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.23% | -0.02% |
Volatility
SC0D.DE vs. H4ZZ.DE - Volatility Comparison
Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) and HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.DE) have volatilities of 4.94% and 4.93%, 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.
Loading charts...
Volatility by Period
| SC0D.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.94% | 4.93% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.94% | 12.97% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.95% | 15.97% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.53% | 15.85% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 15.85% | +2.42% |
SC0D.DE vs. H4ZZ.DE - Expense Ratio Comparison
Both SC0D.DE and H4ZZ.DE have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SC0D.DE vs. H4ZZ.DE - Dividend Comparison
Neither SC0D.DE nor H4ZZ.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 1.00, SC0D.DE and H4ZZ.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC0D.DE and H4ZZ.DE have the same expense ratio: 0.05% per year.
SC0D.DE tracks EURO STOXX® 50, while H4ZZ.DE tracks EURO STOXX 50. They also come from different issuers: Invesco and HSBC.
Find the right allocation for SC0D.DE and H4ZZ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer