SC0P.DE vs. CEMG.DE
SC0P.DE (Invesco European Autos Sector UCITS ETF) and CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) are both Consumer Staples Equities funds - SC0P.DE tracks the STOXX® Europe 600 Optimised Automobiles & Parts while CEMG.DE tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. Both are passively managed. Over the past 10 years, SC0P.DE returned 2.37%/yr vs 3.56%/yr for CEMG.DE. A 0.54 correlation means they provide meaningful diversification when combined. SC0P.DE charges 0.20%/yr vs 0.60%/yr for CEMG.DE.
Performance
SC0P.DE vs. CEMG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0P.DE achieves a -11.55% return, which is significantly lower than CEMG.DE's -7.03% return. Over the past 10 years, SC0P.DE has underperformed CEMG.DE with an annualized return of 2.37%, while CEMG.DE has yielded a comparatively higher 3.56% annualized return.
SC0P.DE
- 1D
- -0.56%
- 1M
- 3.76%
- YTD
- -11.55%
- 6M
- -13.18%
- 1Y
- -8.72%
- 3Y*
- -6.25%
- 5Y*
- -4.61%
- 10Y*
- 2.37%
CEMG.DE
- 1D
- -0.23%
- 1M
- -0.30%
- YTD
- -7.03%
- 6M
- -7.84%
- 1Y
- -8.22%
- 3Y*
- 3.00%
- 5Y*
- -2.27%
- 10Y*
- 3.56%
SC0P.DE vs. CEMG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0P.DE Invesco European Autos Sector UCITS ETF | -11.55% | 2.03% | -10.79% | 24.20% | -16.71% | 23.96% | 4.85% | 19.08% | -26.00% | 16.92% |
CEMG.DE iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) | -7.03% | 0.86% | 16.93% | 1.69% | -16.08% | -1.07% | 11.30% | 25.51% | -16.68% | 23.33% |
Correlation
The correlation between SC0P.DE and CEMG.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2014 | 0.54 |
The correlation between SC0P.DE and CEMG.DE has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
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Return for Risk
SC0P.DE vs. CEMG.DE — Risk / Return Rank
SC0P.DE
CEMG.DE
SC0P.DE vs. CEMG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Autos Sector UCITS ETF (SC0P.DE) and iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.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.
| SC0P.DE | CEMG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.91 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.58 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.97 | -1.23 | +0.26 |
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
| SC0P.DE | CEMG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | -0.64 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | -0.12 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.19 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.22 | +0.03 |
Drawdowns
SC0P.DE vs. CEMG.DE - Drawdown Comparison
The maximum SC0P.DE drawdown since its inception was -60.05%, which is greater than CEMG.DE's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for SC0P.DE and CEMG.DE.
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Drawdown Indicators
| SC0P.DE | CEMG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -33.94% | -26.11% |
Max Drawdown (1Y)Largest decline over 1 year | -20.74% | -14.05% | -6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -35.82% | -20.18% | -15.64% |
Max Drawdown (5Y)Largest decline over 5 years | -35.82% | -31.08% | -4.74% |
Max Drawdown (10Y)Largest decline over 10 years | -60.05% | -33.94% | -26.11% |
Current DrawdownCurrent decline from peak | -30.84% | -18.75% | -12.09% |
Average DrawdownAverage peak-to-trough decline | -15.57% | -12.26% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.99% | 6.68% | +2.31% |
Volatility
SC0P.DE vs. CEMG.DE - Volatility Comparison
Invesco European Autos Sector UCITS ETF (SC0P.DE) has a higher volatility of 5.49% compared to iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) at 4.37%. This indicates that SC0P.DE's price experiences larger fluctuations and is considered to be riskier than CEMG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0P.DE | CEMG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 4.37% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 17.30% | 10.24% | +7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 12.88% | +10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.57% | 18.54% | +6.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 18.33% | +7.76% |
SC0P.DE vs. CEMG.DE - Expense Ratio Comparison
SC0P.DE has a 0.20% expense ratio, which is lower than CEMG.DE's 0.60% expense ratio.
Dividends
SC0P.DE vs. CEMG.DE - Dividend Comparison
Neither SC0P.DE nor CEMG.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0P.DE and CEMG.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0P.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0P.DE is cheaper with a 0.20% expense ratio, compared with 0.60% for CEMG.DE.
SC0P.DE tracks STOXX® Europe 600 Optimised Automobiles & Parts, while CEMG.DE tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SC0P.DE and 0.60% for CEMG.DE.
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