SC0Q.DE vs. FWEA.DE
SC0Q.DE (Invesco European Telecoms Sector UCITS ETF) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - SC0Q.DE is a Communications Equities fund tracking the STOXX® Europe 600 Optimised Telecommunications, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, SC0Q.DE returned 29.09% vs 26.40% for FWEA.DE. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SC0Q.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0Q.DE achieves a 28.44% return, which is significantly higher than FWEA.DE's 10.64% return.
SC0Q.DE
- 1D
- -1.92%
- 1M
- 3.62%
- YTD
- 28.44%
- 6M
- 31.77%
- 1Y
- 29.09%
- 3Y*
- 21.31%
- 5Y*
- 10.30%
- 10Y*
- 3.62%
FWEA.DE
- 1D
- -0.24%
- 1M
- 4.41%
- YTD
- 10.64%
- 6M
- 11.85%
- 1Y
- 26.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SC0Q.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0Q.DE Invesco European Telecoms Sector UCITS ETF | 28.44% | 18.07% | 18.98% | 2.43% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between SC0Q.DE and FWEA.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.25 |
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Return for Risk
SC0Q.DE vs. FWEA.DE — Risk / Return Rank
SC0Q.DE
FWEA.DE
SC0Q.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Telecoms Sector UCITS ETF (SC0Q.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.
| SC0Q.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 3.18 | +0.54 |
| Martin ratioReturn relative to average drawdown | 8.87 | 13.52 | -4.65 |
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
| SC0Q.DE | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 2.30 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.51 | -1.19 |
Drawdowns
SC0Q.DE vs. FWEA.DE - Drawdown Comparison
The maximum SC0Q.DE drawdown since its inception was -48.95%, 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 SC0Q.DE and FWEA.DE.
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Drawdown Indicators
| SC0Q.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.95% | -17.48% | -31.47% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -8.28% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -9.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.17% | — | — |
Current DrawdownCurrent decline from peak | -2.05% | -0.81% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -19.11% | -1.86% | -17.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 1.95% | +1.19% |
Volatility
SC0Q.DE vs. FWEA.DE - Volatility Comparison
Invesco European Telecoms Sector UCITS ETF (SC0Q.DE) has a higher volatility of 6.36% compared to Invesco FTSE All-World UCITS ETF (FWEA.DE) at 3.36%. This indicates that SC0Q.DE's price experiences larger fluctuations and is considered to be riskier 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
| SC0Q.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.36% | 3.36% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 8.93% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.95% | 11.45% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.07% | 12.72% | +1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 12.72% | +3.28% |
SC0Q.DE vs. FWEA.DE - Expense Ratio Comparison
Both SC0Q.DE and FWEA.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SC0Q.DE vs. FWEA.DE - Dividend Comparison
Neither SC0Q.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0Q.DE and FWEA.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC0Q.DE and FWEA.DE have the same expense ratio: 0.20% per year.
SC0Q.DE is categorized as Communications Equities, while FWEA.DE is Global Equities. SC0Q.DE tracks STOXX® Europe 600 Optimised Telecommunications, while FWEA.DE tracks FTSE All-World Index.
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