SC0E.DE vs. WDTE.DE
SC0E.DE (Invesco MSCI Europe UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - SC0E.DE is a Europe Equities fund tracking the MSCI Europe, while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, SC0E.DE returned 13.60%/yr vs 25.83%/yr for WDTE.DE. At a 0.44 correlation, their price movements are largely independent. SC0E.DE charges 0.19%/yr vs 0.18%/yr for WDTE.DE.
Performance
SC0E.DE vs. WDTE.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 WDTE.DE's 18.32% 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%
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
SC0E.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0E.DE Invesco MSCI Europe UCITS ETF | 7.48% | 20.15% | 8.25% | 4.52% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between SC0E.DE and WDTE.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.44 |
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Return for Risk
SC0E.DE vs. WDTE.DE — Risk / Return Rank
SC0E.DE
WDTE.DE
SC0E.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Europe UCITS ETF (SC0E.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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 | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.33 | -0.62 |
| Martin ratioReturn relative to average drawdown | 6.31 | 6.14 | +0.17 |
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 | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.88 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 1.44 | -0.72 |
Drawdowns
SC0E.DE vs. WDTE.DE - Drawdown Comparison
The maximum SC0E.DE drawdown since its inception was -35.65%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for SC0E.DE and WDTE.DE.
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Drawdown Indicators
| SC0E.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.65% | -28.19% | -7.46% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -15.79% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -16.54% | -28.19% | +11.65% |
Max Drawdown (5Y)Largest decline over 5 years | -19.33% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.65% | — | — |
Current DrawdownCurrent decline from peak | -1.56% | -3.63% | +2.07% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -4.97% | -0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 5.99% | -3.44% |
Volatility
SC0E.DE vs. WDTE.DE - Volatility Comparison
The current volatility for Invesco MSCI Europe UCITS ETF (SC0E.DE) is 4.35%, while Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) has a volatility of 8.26%. This indicates that SC0E.DE experiences smaller price fluctuations and is considered to be less risky than WDTE.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 | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.35% | 8.26% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.58% | 15.09% | -4.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.83% | 19.51% | -6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.59% | 21.74% | -7.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.36% | 21.74% | -5.38% |
SC0E.DE vs. WDTE.DE - Expense Ratio Comparison
SC0E.DE has a 0.19% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio. However, 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. WDTE.DE - Dividend Comparison
Neither SC0E.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0E.DE and WDTE.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for SC0E.DE.
SC0E.DE is categorized as Europe Equities, while WDTE.DE is Technology Equities. SC0E.DE tracks MSCI Europe, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.19% for SC0E.DE and 0.18% for WDTE.DE.
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