SC0H.DE vs. E500.DE
SC0H.DE (Invesco MSCI USA UCITS ETF) and E500.DE (Invesco S&P 500 UCITS ETF (EUR Hdg)) are both exchange-traded funds - SC0H.DE is a Large Cap Blend Equities fund tracking the MSCI USA, while E500.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, SC0H.DE returned 15.25%/yr vs 12.99%/yr for E500.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.05% expense ratio.
Performance
SC0H.DE vs. E500.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0H.DE achieves a 10.65% return, which is significantly higher than E500.DE's 5.87% return. Over the past 10 years, SC0H.DE has outperformed E500.DE with an annualized return of 15.25%, while E500.DE has yielded a comparatively lower 12.99% annualized return.
SC0H.DE
- 1D
- -1.02%
- 1M
- 0.26%
- YTD
- 10.65%
- 6M
- 10.97%
- 1Y
- 24.50%
- 3Y*
- 19.16%
- 5Y*
- 13.57%
- 10Y*
- 15.25%
E500.DE
- 1D
- -0.30%
- 1M
- -2.24%
- YTD
- 5.87%
- 6M
- 5.69%
- 1Y
- 18.89%
- 3Y*
- 17.95%
- 5Y*
- 10.26%
- 10Y*
- 12.99%
SC0H.DE vs. E500.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0H.DE Invesco MSCI USA UCITS ETF | 10.65% | 4.77% | 32.56% | 23.59% | -15.54% | 38.99% | 9.76% | 35.07% | -1.12% | 6.55% |
E500.DE Invesco S&P 500 UCITS ETF (EUR Hdg) | 5.87% | 15.34% | 22.74% | 23.32% | -21.40% | 28.58% | 16.04% | 27.46% | -8.62% | 18.82% |
Correlation
The correlation between SC0H.DE and E500.DE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2014 | 0.83 |
The correlation between SC0H.DE and E500.DE shifts across timeframes, from 0.69 (1 year) to 0.84 (10 years), reflecting how their relationship changes across market environments.
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
SC0H.DE vs. E500.DE — Risk / Return Rank
SC0H.DE
E500.DE
SC0H.DE vs. E500.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI USA UCITS ETF (SC0H.DE) and Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SC0H.DE | E500.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.29 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 2.04 | +1.30 |
| Martin ratioReturn relative to average drawdown | 11.44 | 8.83 | +2.61 |
Loading charts...
Drawdowns
SC0H.DE vs. E500.DE - Drawdown Comparison
The maximum SC0H.DE drawdown since its inception was -41.34%, which is greater than E500.DE's maximum drawdown of -34.19%. Use the drawdown chart below to compare losses from any high point for SC0H.DE and E500.DE.
Loading charts...
Drawdown Indicators
| SC0H.DE | E500.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.34% | -34.19% | -7.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.32% | -9.24% | +1.92% |
Max Drawdown (3Y)Largest decline over 3 years | -23.65% | -18.50% | -5.15% |
Max Drawdown (5Y)Largest decline over 5 years | -23.65% | -25.81% | +2.16% |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | -34.19% | -0.01% |
Current DrawdownCurrent decline from peak | -1.02% | -3.17% | +2.15% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -4.77% | -3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.13% | +0.01% |
Volatility
SC0H.DE vs. E500.DE - Volatility Comparison
Invesco MSCI USA UCITS ETF (SC0H.DE) has a higher volatility of 3.38% compared to Invesco S&P 500 UCITS ETF (EUR Hdg) (E500.DE) at 3.13%. This indicates that SC0H.DE's price experiences larger fluctuations and is considered to be riskier than E500.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0H.DE | E500.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 3.13% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 8.11% | 9.32% | -1.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.98% | 12.01% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.45% | 16.05% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.24% | 16.35% | -0.11% |
SC0H.DE vs. E500.DE - Expense Ratio Comparison
Both SC0H.DE and E500.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
SC0H.DE vs. E500.DE - Dividend Comparison
Neither SC0H.DE nor E500.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0H.DE and E500.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.05% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC0H.DE and E500.DE have the same expense ratio: 0.05% per year.
SC0H.DE is categorized as Large Cap Blend Equities, while E500.DE is S&P 500. SC0H.DE tracks MSCI USA, while E500.DE tracks S&P 500 Index.
Find the right allocation for SC0H.DE and E500.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