SC0P.DE vs. WELJ.DE
SC0P.DE (Invesco European Autos Sector UCITS ETF) and WELJ.DE (Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc) are both Consumer Staples Equities funds - SC0P.DE tracks the STOXX® Europe 600 Optimised Automobiles & Parts while WELJ.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. Both are passively managed. Over the past 3 years, SC0P.DE returned -6.25%/yr vs 9.08%/yr for WELJ.DE. A 0.54 correlation means they provide meaningful diversification when combined. SC0P.DE charges 0.20%/yr vs 0.18%/yr for WELJ.DE.
Performance
SC0P.DE vs. WELJ.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 WELJ.DE's -1.85% 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%
WELJ.DE
- 1D
- 0.21%
- 1M
- -0.51%
- YTD
- -1.85%
- 6M
- -1.53%
- 1Y
- 6.43%
- 3Y*
- 9.08%
- 5Y*
- —
- 10Y*
- —
SC0P.DE vs. WELJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SC0P.DE Invesco European Autos Sector UCITS ETF | -11.55% | 2.03% | -10.79% | 24.20% | 10.01% |
WELJ.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc | -1.85% | -4.79% | 29.73% | 30.43% | -8.02% |
Correlation
The correlation between SC0P.DE and WELJ.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.54 |
The correlation between SC0P.DE and WELJ.DE has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.
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Return for Risk
SC0P.DE vs. WELJ.DE — Risk / Return Rank
SC0P.DE
WELJ.DE
SC0P.DE vs. WELJ.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 Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.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 | WELJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.08 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 0.44 | -0.86 |
| Martin ratioReturn relative to average drawdown | -0.97 | 1.20 | -2.17 |
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 | WELJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.38 | 0.38 | -0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.19 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.59 | -0.34 |
Drawdowns
SC0P.DE vs. WELJ.DE - Drawdown Comparison
The maximum SC0P.DE drawdown since its inception was -60.05%, which is greater than WELJ.DE's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for SC0P.DE and WELJ.DE.
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Drawdown Indicators
| SC0P.DE | WELJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -28.28% | -31.77% |
Max Drawdown (1Y)Largest decline over 1 year | -20.74% | -14.62% | -6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -35.82% | -28.28% | -7.54% |
Max Drawdown (5Y)Largest decline over 5 years | -35.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -60.05% | — | — |
Current DrawdownCurrent decline from peak | -30.84% | -10.41% | -20.43% |
Average DrawdownAverage peak-to-trough decline | -15.57% | -6.81% | -8.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.99% | 5.36% | +3.63% |
Volatility
SC0P.DE vs. WELJ.DE - Volatility Comparison
Invesco European Autos Sector UCITS ETF (SC0P.DE) has a higher volatility of 5.49% compared to Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) at 5.07%. This indicates that SC0P.DE's price experiences larger fluctuations and is considered to be riskier than WELJ.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 | WELJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 5.07% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 17.30% | 12.51% | +4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.04% | 16.84% | +6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.57% | 18.18% | +6.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 18.18% | +7.91% |
SC0P.DE vs. WELJ.DE - Expense Ratio Comparison
SC0P.DE has a 0.20% expense ratio, which is higher than WELJ.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SC0P.DE vs. WELJ.DE - Dividend Comparison
Neither SC0P.DE nor WELJ.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0P.DE and WELJ.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELJ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELJ.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0P.DE.
SC0P.DE tracks STOXX® Europe 600 Optimised Automobiles & Parts, while WELJ.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.20% for SC0P.DE and 0.18% for WELJ.DE.
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