SC0J.DE vs. FWEA.DE
SC0J.DE (Invesco MSCI World UCITS ETF Acc) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both Global Equities funds from Invesco - SC0J.DE tracks the MSCI World while FWEA.DE tracks the FTSE All-World Index. Both are passively managed. Over the past year, SC0J.DE returned 23.93% vs 26.40% for FWEA.DE. Their correlation of 0.84 suggests significant overlap in exposure. SC0J.DE charges 0.19%/yr vs 0.20%/yr for FWEA.DE.
Performance
SC0J.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SC0J.DE having a 10.95% return and FWEA.DE slightly lower at 10.64%.
SC0J.DE
- 1D
- -0.02%
- 1M
- 4.89%
- YTD
- 10.95%
- 6M
- 11.36%
- 1Y
- 23.93%
- 3Y*
- 17.62%
- 5Y*
- 12.96%
- 10Y*
- 12.86%
FWEA.DE
- 1D
- -0.24%
- 1M
- 4.41%
- YTD
- 10.64%
- 6M
- 11.85%
- 1Y
- 26.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SC0J.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0J.DE Invesco MSCI World UCITS ETF Acc | 10.95% | 7.78% | 26.07% | 8.91% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between SC0J.DE and FWEA.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 (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.84 |
The correlation between SC0J.DE and FWEA.DE has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.
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Return for Risk
SC0J.DE vs. FWEA.DE — Risk / Return Rank
SC0J.DE
FWEA.DE
SC0J.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI World UCITS ETF Acc (SC0J.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.
| SC0J.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.43 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 3.18 | +0.48 |
| Martin ratioReturn relative to average drawdown | 14.66 | 13.52 | +1.14 |
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
| SC0J.DE | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.30 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 1.51 | -0.64 |
Drawdowns
SC0J.DE vs. FWEA.DE - Drawdown Comparison
The maximum SC0J.DE drawdown since its inception was -33.91%, 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 SC0J.DE and FWEA.DE.
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Drawdown Indicators
| SC0J.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -17.48% | -16.43% |
Max Drawdown (1Y)Largest decline over 1 year | -6.52% | -8.28% | +1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -21.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.91% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.81% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -4.23% | -1.86% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.95% | -0.32% |
Volatility
SC0J.DE vs. FWEA.DE - Volatility Comparison
The current volatility for Invesco MSCI World UCITS ETF Acc (SC0J.DE) is 2.62%, while Invesco FTSE All-World UCITS ETF (FWEA.DE) has a volatility of 3.36%. This indicates that SC0J.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.
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Volatility by Period
| SC0J.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.62% | 3.36% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 8.93% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.15% | 11.45% | -0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.15% | 12.72% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 12.72% | +2.37% |
SC0J.DE vs. FWEA.DE - Expense Ratio Comparison
SC0J.DE has a 0.19% 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
SC0J.DE vs. FWEA.DE - Dividend Comparison
Neither SC0J.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0J.DE and FWEA.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.
On fees, SC0J.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0J.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for FWEA.DE.
SC0J.DE tracks MSCI World, while FWEA.DE tracks FTSE All-World Index. Their fees differ too: 0.19% for SC0J.DE and 0.20% for FWEA.DE.
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