SC0D.DE vs. LGWS.DE

Last updated Jun 5, 2026

SC0D.DE (Invesco EURO STOXX 50 UCITS ETF) and LGWS.DE (Lyxor MSCI EMU Value UCITS ETF Dist) are both Europe Equities funds - SC0D.DE tracks the EURO STOXX® 50 while LGWS.DE tracks the MSCI EMU Value. Both are passively managed. Over the past 5 years, SC0D.DE returned 11.35%/yr vs 12.16%/yr for LGWS.DE. Their correlation of 0.91 suggests significant overlap in exposure. SC0D.DE charges 0.05%/yr vs 0.40%/yr for LGWS.DE.

Performance

SC0D.DE vs. LGWS.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) and Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SC0D.DE having a 7.29% return and LGWS.DE slightly lower at 7.09%.

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%

LGWS.DE

• 1D: 0.43%
• 1M: 2.56%
• YTD: 7.09%
• 6M: 10.63%
• 1Y: 21.46%
• 3Y*: 18.49%
• 5Y*: 12.16%
• 10Y*: —

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

SC0D.DE vs. LGWS.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC0D.DE Invesco EURO STOXX 50 UCITS ETF	7.29%	22.01%	10.91%	22.46%	-9.02%	23.19%	-3.03%	30.01%	-12.05%	2.20%
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	7.09%	37.06%	9.12%	14.07%	-5.04%	19.93%	-7.89%	19.62%	-14.49%	2.66%

Correlation

The correlation between SC0D.DE and LGWS.DE is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Sep 11, 2017	0.91

The correlation between SC0D.DE and LGWS.DE has been stable across timeframes, ranging from 0.87 to 0.91 - a consistent structural relationship.

Return for Risk

SC0D.DE vs. LGWS.DE — Risk / Return Rank

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

SC0D.DE

SC0D.DE Risk / Return Rank: 29
SC0D.DE Sharpe Ratio Rank: 28
SC0D.DE Sortino Ratio Rank: 29
SC0D.DE Omega Ratio Rank: 28
SC0D.DE Calmar Ratio Rank: 29
SC0D.DE Martin Ratio Rank: 33

LGWS.DE

LGWS.DE Risk / Return Rank: 48
LGWS.DE Sharpe Ratio Rank: 48
LGWS.DE Sortino Ratio Rank: 47
LGWS.DE Omega Ratio Rank: 47
LGWS.DE Calmar Ratio Rank: 49
LGWS.DE Martin Ratio Rank: 50

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.

SC0D.DE vs. LGWS.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 Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.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	LGWS.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.98	1.64	-0.66
Sortino ratio: Return per unit of downside risk	1.54	2.29	-0.75
Omega ratio: Gain probability vs. loss probability	1.18	1.30	-0.11
Calmar ratio: Return relative to maximum drawdown	1.43	2.41	-0.98
Martin ratio: Return relative to average drawdown	4.87	8.24	-3.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0D.DE vs. LGWS.DE - Sharpe Ratio Comparison

The current SC0D.DE Sharpe Ratio is 0.98, which is lower than the LGWS.DE Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of SC0D.DE and LGWS.DE, 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

	SC0D.DE	LGWS.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	1.64	-0.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.77	-0.13
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	0.46	0.00

Drawdowns

SC0D.DE vs. LGWS.DE - Drawdown Comparison

The maximum SC0D.DE drawdown since its inception was -38.50%, smaller than the maximum LGWS.DE drawdown of -41.73%. Use the drawdown chart below to compare losses from any high point for SC0D.DE and LGWS.DE.

Drawdown Indicators

	SC0D.DE	LGWS.DE	Difference
Max Drawdown Largest peak-to-trough decline	-38.50%	-41.73%	+3.23%
Max Drawdown (1Y) Largest decline over 1 year	-10.93%	-8.88%	-2.05%
Max Drawdown (3Y) Largest decline over 3 years	-16.54%	-14.65%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	-23.38%	-22.84%	-0.54%
Max Drawdown (10Y) Largest decline over 10 years	-38.50%	—	—
Current Drawdown Current decline from peak	-0.53%	-1.49%	+0.96%
Average Drawdown Average peak-to-trough decline	-7.22%	-6.96%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	2.60%	+0.61%

Volatility

SC0D.DE vs. LGWS.DE - Volatility Comparison

Invesco EURO STOXX 50 UCITS ETF (SC0D.DE) has a higher volatility of 4.94% compared to Lyxor MSCI EMU Value UCITS ETF Dist (LGWS.DE) at 3.59%. This indicates that SC0D.DE's price experiences larger fluctuations and is considered to be riskier than LGWS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0D.DE	LGWS.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	3.59%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	12.94%	10.27%	+2.67%
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	13.04%	+2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.53%	15.55%	+1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.27%	17.93%	+0.34%

SC0D.DE vs. LGWS.DE - Expense Ratio Comparison

SC0D.DE has a 0.05% expense ratio, which is lower than LGWS.DE's 0.40% expense ratio.

Dividends

SC0D.DE vs. LGWS.DE - Dividend Comparison

SC0D.DE has not paid dividends to shareholders, while LGWS.DE's dividend yield for the trailing twelve months is around 3.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGWS.DE Lyxor MSCI EMU Value UCITS ETF Dist	3.07%	3.29%	4.24%	0.00%	4.69%	2.83%	2.72%	4.37%	4.77%	0.38%
SC0D.DE Invesco EURO STOXX 50 UCITS ETF	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 SC0D.DE and LGWS.DE in my portfolio?

SC0D.DE and LGWS.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC0D.DE or LGWS.DE?

On fees, SC0D.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC0D.DE or LGWS.DE?

SC0D.DE is cheaper with a 0.05% expense ratio, compared with 0.40% for LGWS.DE.

What is the main difference between SC0D.DE and LGWS.DE?

SC0D.DE tracks EURO STOXX® 50, while LGWS.DE tracks MSCI EMU Value. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.05% for SC0D.DE and 0.40% for LGWS.DE.