SC0P.DE vs. XZEC.DE

Last updated Jun 5, 2026

SC0P.DE (Invesco European Autos Sector UCITS ETF) and XZEC.DE (Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF) are both Consumer Staples Equities funds - SC0P.DE tracks the STOXX® Europe 600 Optimised Automobiles & Parts while XZEC.DE tracks the MSCI Europe Consumer Discretionary ESG Screened 20-35 Select. Both are passively managed. Over the past 3 years, SC0P.DE returned -6.25%/yr vs 2.19%/yr for XZEC.DE. A 0.75 correlation means they provide meaningful diversification when combined. SC0P.DE charges 0.20%/yr vs 0.17%/yr for XZEC.DE.

Performance

SC0P.DE vs. XZEC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Autos Sector UCITS ETF (SC0P.DE) and Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF (XZEC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SC0P.DE achieves a -11.55% return, which is significantly lower than XZEC.DE's 3.52% 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%

XZEC.DE

• 1D: 1.36%
• 1M: 3.79%
• YTD: 3.52%
• 6M: 4.05%
• 1Y: 11.05%
• 3Y*: 2.19%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SC0P.DE vs. XZEC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SC0P.DE Invesco European Autos Sector UCITS ETF	-11.55%	2.03%	-10.79%	24.20%	-16.71%	0.64%
XZEC.DE Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF	3.52%	1.95%	3.52%	16.28%	-16.49%	0.39%

Correlation

The correlation between SC0P.DE and XZEC.DE is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021	0.75

The correlation between SC0P.DE and XZEC.DE has been stable across timeframes, ranging from 0.67 to 0.75 - a consistent structural relationship.

Return for Risk

SC0P.DE vs. XZEC.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SC0P.DE

SC0P.DE Risk / Return Rank: 5
SC0P.DE Sharpe Ratio Rank: 6
SC0P.DE Sortino Ratio Rank: 5
SC0P.DE Omega Ratio Rank: 6
SC0P.DE Calmar Ratio Rank: 5
SC0P.DE Martin Ratio Rank: 5

XZEC.DE

XZEC.DE Risk / Return Rank: 22
XZEC.DE Sharpe Ratio Rank: 22
XZEC.DE Sortino Ratio Rank: 22
XZEC.DE Omega Ratio Rank: 21
XZEC.DE Calmar Ratio Rank: 22
XZEC.DE Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SC0P.DE vs. XZEC.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 Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF (XZEC.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	XZEC.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	0.73	-1.11
Sortino ratio: Return per unit of downside risk	-0.41	1.17	-1.58
Omega ratio: Gain probability vs. loss probability	0.95	1.13	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.42	0.98	-1.40
Martin ratio: Return relative to average drawdown	-0.97	2.63	-3.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0P.DE vs. XZEC.DE - Sharpe Ratio Comparison

The current SC0P.DE Sharpe Ratio is -0.38, which is lower than the XZEC.DE Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of SC0P.DE and XZEC.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SC0P.DE	XZEC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.38	0.73	-1.11
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	0.06	+0.19

Drawdowns

SC0P.DE vs. XZEC.DE - Drawdown Comparison

The maximum SC0P.DE drawdown since its inception was -60.05%, which is greater than XZEC.DE's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for SC0P.DE and XZEC.DE.

Drawdown Indicators

	SC0P.DE	XZEC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-60.05%	-30.22%	-29.83%
Max Drawdown (1Y) Largest decline over 1 year	-20.74%	-11.27%	-9.47%
Max Drawdown (3Y) Largest decline over 3 years	-35.82%	-23.79%	-12.03%
Max Drawdown (5Y) Largest decline over 5 years	-35.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-60.05%	—	—
Current Drawdown Current decline from peak	-30.84%	-4.58%	-26.26%
Average Drawdown Average peak-to-trough decline	-15.57%	-10.22%	-5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.99%	4.19%	+4.80%

Volatility

SC0P.DE vs. XZEC.DE - Volatility Comparison

Invesco European Autos Sector UCITS ETF (SC0P.DE) has a higher volatility of 5.49% compared to Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF (XZEC.DE) at 4.04%. This indicates that SC0P.DE's price experiences larger fluctuations and is considered to be riskier than XZEC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0P.DE	XZEC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.49%	4.04%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	17.30%	11.07%	+6.23%
Volatility (1Y) Calculated over the trailing 1-year period	23.04%	15.07%	+7.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.57%	20.02%	+4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.09%	20.02%	+6.07%

SC0P.DE vs. XZEC.DE - Expense Ratio Comparison

SC0P.DE has a 0.20% expense ratio, which is higher than XZEC.DE's 0.17% 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. XZEC.DE - Dividend Comparison

Neither SC0P.DE nor XZEC.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SC0P.DE and XZEC.DE in my portfolio?

SC0P.DE and XZEC.DE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC0P.DE or XZEC.DE?

On fees, XZEC.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC0P.DE or XZEC.DE?

XZEC.DE is cheaper with a 0.17% expense ratio, compared with 0.20% for SC0P.DE.

What is the main difference between SC0P.DE and XZEC.DE?

SC0P.DE tracks STOXX® Europe 600 Optimised Automobiles & Parts, while XZEC.DE tracks MSCI Europe Consumer Discretionary ESG Screened 20-35 Select. They also come from different issuers: Invesco and Xtrackers. Their fees differ too: 0.20% for SC0P.DE and 0.17% for XZEC.DE.