SC0K.DE vs. SMLK.DE
SC0K.DE (Invesco Russell 2000 UCITS ETF) and SMLK.DE (Invesco S&P SmallCap 600 UCITS ETF A) are both Small Cap Blend Equities funds from Invesco - SC0K.DE tracks the Russell 2000® while SMLK.DE tracks the S&P SmallCap 600. Both are passively managed. Over the past 5 years, SC0K.DE returned 7.16%/yr vs 6.92%/yr for SMLK.DE. With a 0.96 correlation, they move nearly in lockstep. SC0K.DE charges 0.45%/yr vs 0.14%/yr for SMLK.DE.
Performance
SC0K.DE vs. SMLK.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0K.DE achieves a 17.93% return, which is significantly higher than SMLK.DE's 15.73% return.
SC0K.DE
- 1D
- 0.96%
- 1M
- 4.12%
- YTD
- 17.93%
- 6M
- 16.88%
- 1Y
- 38.56%
- 3Y*
- 15.51%
- 5Y*
- 7.16%
- 10Y*
- 10.39%
SMLK.DE
- 1D
- 0.95%
- 1M
- 2.49%
- YTD
- 15.73%
- 6M
- 16.04%
- 1Y
- 31.03%
- 3Y*
- 12.46%
- 5Y*
- 6.92%
- 10Y*
- —
SC0K.DE vs. SMLK.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SC0K.DE Invesco Russell 2000 UCITS ETF | 17.93% | 1.56% | 15.91% | 14.84% | -16.55% | 5.18% |
SMLK.DE Invesco S&P SmallCap 600 UCITS ETF A | 15.73% | -4.02% | 13.30% | 13.97% | -11.83% | 10.98% |
Correlation
The correlation between SC0K.DE and SMLK.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.96 |
The correlation between SC0K.DE and SMLK.DE has been stable across timeframes, ranging from 0.92 to 0.96 - 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
SC0K.DE vs. SMLK.DE — Risk / Return Rank
SC0K.DE
SMLK.DE
SC0K.DE vs. SMLK.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 2000 UCITS ETF (SC0K.DE) and Invesco S&P SmallCap 600 UCITS ETF A (SMLK.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.
| SC0K.DE | SMLK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.33 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.57 | 5.02 | -0.45 |
| Martin ratioReturn relative to average drawdown | 13.31 | 14.18 | -0.87 |
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
| SC0K.DE | SMLK.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.88 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.34 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.34 | +0.30 |
Drawdowns
SC0K.DE vs. SMLK.DE - Drawdown Comparison
The maximum SC0K.DE drawdown since its inception was -41.13%, which is greater than SMLK.DE's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for SC0K.DE and SMLK.DE.
Loading charts...
Drawdown Indicators
| SC0K.DE | SMLK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.13% | -32.69% | -8.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -6.15% | -2.25% |
Max Drawdown (3Y)Largest decline over 3 years | -32.50% | -32.69% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -32.50% | -32.69% | +0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -41.13% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.10% | -8.96% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.18% | +0.71% |
Volatility
SC0K.DE vs. SMLK.DE - Volatility Comparison
Invesco Russell 2000 UCITS ETF (SC0K.DE) has a higher volatility of 5.37% compared to Invesco S&P SmallCap 600 UCITS ETF A (SMLK.DE) at 4.06%. This indicates that SC0K.DE's price experiences larger fluctuations and is considered to be riskier than SMLK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0K.DE | SMLK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 4.06% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 12.22% | 10.55% | +1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 16.46% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.93% | 20.01% | +0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 19.98% | +1.62% |
SC0K.DE vs. SMLK.DE - Expense Ratio Comparison
SC0K.DE has a 0.45% expense ratio, which is higher than SMLK.DE's 0.14% expense ratio.
Dividends
SC0K.DE vs. SMLK.DE - Dividend Comparison
Neither SC0K.DE nor SMLK.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, SC0K.DE and SMLK.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, SMLK.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SMLK.DE is cheaper with a 0.14% expense ratio, compared with 0.45% for SC0K.DE.
SC0K.DE tracks Russell 2000®, while SMLK.DE tracks S&P SmallCap 600. Their fees differ too: 0.45% for SC0K.DE and 0.14% for SMLK.DE.
Find the right allocation for SC0K.DE and SMLK.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