SC0E.DE vs. AMED.DE
SC0E.DE (Invesco MSCI Europe UCITS ETF) and AMED.DE (Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C)) are both Europe Equities funds - SC0E.DE tracks the MSCI Europe while AMED.DE tracks the MSCI EMU ESG Leaders Select 5% Issuer Capped. Both are passively managed. Over the past 10 years, SC0E.DE returned 9.06%/yr vs 9.75%/yr for AMED.DE. A 0.74 correlation means they provide meaningful diversification when combined. SC0E.DE charges 0.19%/yr vs 0.25%/yr for AMED.DE.
Performance
SC0E.DE vs. AMED.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0E.DE achieves a 7.48% return, which is significantly lower than AMED.DE's 16.87% return. Over the past 10 years, SC0E.DE has underperformed AMED.DE with an annualized return of 9.06%, while AMED.DE has yielded a comparatively higher 9.75% annualized return.
SC0E.DE
- 1D
- 0.62%
- 1M
- 3.45%
- YTD
- 7.48%
- 6M
- 9.73%
- 1Y
- 16.11%
- 3Y*
- 13.60%
- 5Y*
- 9.92%
- 10Y*
- 9.06%
AMED.DE
- 1D
- 0.51%
- 1M
- 7.96%
- YTD
- 16.87%
- 6M
- 18.54%
- 1Y
- 26.45%
- 3Y*
- 16.11%
- 5Y*
- 10.41%
- 10Y*
- 9.75%
SC0E.DE vs. AMED.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0E.DE Invesco MSCI Europe UCITS ETF | 7.48% | 20.15% | 8.25% | 15.48% | -9.29% | 24.97% | -3.28% | 27.71% | -11.02% | 10.40% |
AMED.DE Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) | 16.87% | 20.15% | 5.95% | 16.68% | -10.71% | 20.90% | -1.35% | 27.22% | -12.98% | 11.86% |
Correlation
The correlation between SC0E.DE and AMED.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2010 | 0.74 |
The correlation between SC0E.DE and AMED.DE shifts across timeframes, from 0.74 (all time) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SC0E.DE vs. AMED.DE — Risk / Return Rank
SC0E.DE
AMED.DE
SC0E.DE vs. AMED.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Europe UCITS ETF (SC0E.DE) and Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.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.
| SC0E.DE | AMED.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.49 | -0.79 |
| Martin ratioReturn relative to average drawdown | 6.31 | 9.40 | -3.09 |
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
| SC0E.DE | AMED.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.74 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.65 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.57 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.47 | +0.25 |
Drawdowns
SC0E.DE vs. AMED.DE - Drawdown Comparison
The maximum SC0E.DE drawdown since its inception was -35.65%, smaller than the maximum AMED.DE drawdown of -38.35%. Use the drawdown chart below to compare losses from any high point for SC0E.DE and AMED.DE.
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Drawdown Indicators
| SC0E.DE | AMED.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.65% | -38.35% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -10.56% | +1.13% |
Max Drawdown (3Y)Largest decline over 3 years | -16.54% | -14.07% | -2.47% |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | -24.06% | +4.73% |
Max Drawdown (10Y)Largest decline over 10 years | -35.65% | -38.35% | +2.70% |
Current DrawdownCurrent decline from peak | -1.56% | -0.17% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -6.69% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.81% | -0.26% |
Volatility
SC0E.DE vs. AMED.DE - Volatility Comparison
The current volatility for Invesco MSCI Europe UCITS ETF (SC0E.DE) is 4.35%, while Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EUR (C) (AMED.DE) has a volatility of 5.61%. This indicates that SC0E.DE experiences smaller price fluctuations and is considered to be less risky than AMED.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0E.DE | AMED.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 5.61% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 12.64% | -2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.83% | 15.19% | -2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 15.87% | -1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.36% | 17.00% | -0.64% |
SC0E.DE vs. AMED.DE - Expense Ratio Comparison
SC0E.DE has a 0.19% expense ratio, which is lower than AMED.DE's 0.25% 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
SC0E.DE vs. AMED.DE - Dividend Comparison
Neither SC0E.DE nor AMED.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, SC0E.DE and AMED.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.
On fees, SC0E.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0E.DE is cheaper with a 0.19% expense ratio, compared with 0.25% for AMED.DE.
SC0E.DE tracks MSCI Europe, while AMED.DE tracks MSCI EMU ESG Leaders Select 5% Issuer Capped. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.19% for SC0E.DE and 0.25% for AMED.DE.
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