SC0H.DE vs. FWEA.DE
SC0H.DE (Invesco MSCI USA UCITS ETF) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - SC0H.DE is a Large Cap Blend Equities fund tracking the MSCI USA, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, SC0H.DE returned 25.34% vs 26.40% for FWEA.DE. A 0.77 correlation means they provide meaningful diversification when combined. SC0H.DE charges 0.05%/yr vs 0.20%/yr for FWEA.DE.
Performance
SC0H.DE vs. FWEA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0H.DE achieves a 11.30% return, which is significantly higher than FWEA.DE's 10.64% return.
SC0H.DE
- 1D
- -0.11%
- 1M
- 5.36%
- YTD
- 11.30%
- 6M
- 11.28%
- 1Y
- 25.34%
- 3Y*
- 19.18%
- 5Y*
- 14.59%
- 10Y*
- 15.07%
FWEA.DE
- 1D
- -0.24%
- 1M
- 4.41%
- YTD
- 10.64%
- 6M
- 11.85%
- 1Y
- 26.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SC0H.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0H.DE Invesco MSCI USA UCITS ETF | 11.30% | 4.77% | 32.56% | 10.11% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between SC0H.DE and FWEA.DE is 0.80, 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 | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.77 |
The correlation between SC0H.DE and FWEA.DE has been stable across timeframes, ranging from 0.77 to 0.80 - 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
SC0H.DE vs. FWEA.DE — Risk / Return Rank
SC0H.DE
FWEA.DE
SC0H.DE vs. FWEA.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 FTSE All-World UCITS ETF (FWEA.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.
| SC0H.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.43 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 3.18 | +0.27 |
| Martin ratioReturn relative to average drawdown | 11.96 | 13.52 | -1.56 |
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
| SC0H.DE | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 2.30 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.92 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 1.51 | -0.54 |
Drawdowns
SC0H.DE vs. FWEA.DE - Drawdown Comparison
The maximum SC0H.DE drawdown since its inception was -34.20%, which is greater than FWEA.DE's maximum drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for SC0H.DE and FWEA.DE.
Loading charts...
Drawdown Indicators
| SC0H.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.20% | -17.48% | -16.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.32% | -8.28% | +0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -23.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.20% | — | — |
Current DrawdownCurrent decline from peak | -0.41% | -0.81% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -1.86% | -2.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.11% | 1.95% | +0.16% |
Volatility
SC0H.DE vs. FWEA.DE - Volatility Comparison
The current volatility for Invesco MSCI USA UCITS ETF (SC0H.DE) is 2.68%, while Invesco FTSE All-World UCITS ETF (FWEA.DE) has a volatility of 3.36%. This indicates that SC0H.DE experiences smaller price fluctuations and is considered to be less risky than FWEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0H.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 3.36% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 8.93% | -1.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.67% | 11.45% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.41% | 12.72% | +2.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 12.72% | +3.51% |
SC0H.DE vs. FWEA.DE - Expense Ratio Comparison
SC0H.DE has a 0.05% expense ratio, which is lower than FWEA.DE's 0.20% 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
SC0H.DE vs. FWEA.DE - Dividend Comparison
Neither SC0H.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0H.DE and FWEA.DE have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0H.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0H.DE is cheaper with a 0.05% expense ratio, compared with 0.20% for FWEA.DE.
SC0H.DE is categorized as Large Cap Blend Equities, while FWEA.DE is Global Equities. SC0H.DE tracks MSCI USA, while FWEA.DE tracks FTSE All-World Index. Their fees differ too: 0.05% for SC0H.DE and 0.20% for FWEA.DE.
Find the right allocation for SC0H.DE and FWEA.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