SC0Q.DE vs. LTCM.DE
SC0Q.DE (Invesco European Telecoms Sector UCITS ETF) and LTCM.DE (Lyxor STOXX Europe 600 Telecommunications UCITS ETF Acc) are both Communications Equities funds - SC0Q.DE tracks the STOXX® Europe 600 Optimised Telecommunications while LTCM.DE tracks the STOXX® Europe 600 Telecommunications. Both are passively managed. Over the past 10 years, SC0Q.DE returned 3.62%/yr vs 4.00%/yr for LTCM.DE. A 0.74 correlation means they provide meaningful diversification when combined. SC0Q.DE charges 0.20%/yr vs 0.30%/yr for LTCM.DE.
Performance
SC0Q.DE vs. LTCM.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 LTCM.DE's 26.77% return. Over the past 10 years, SC0Q.DE has underperformed LTCM.DE with an annualized return of 3.62%, while LTCM.DE has yielded a comparatively higher 4.00% annualized 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%
LTCM.DE
- 1D
- -1.92%
- 1M
- 3.88%
- YTD
- 26.77%
- 6M
- 29.84%
- 1Y
- 24.16%
- 3Y*
- 21.21%
- 5Y*
- 10.43%
- 10Y*
- 4.00%
SC0Q.DE vs. LTCM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0Q.DE Invesco European Telecoms Sector UCITS ETF | 28.44% | 18.07% | 18.98% | 5.91% | -14.81% | 15.27% | -14.17% | 4.16% | -8.37% | -0.09% |
LTCM.DE Lyxor STOXX Europe 600 Telecommunications UCITS ETF Acc | 26.77% | 15.77% | 20.76% | 7.89% | -13.99% | 14.35% | -12.67% | 5.36% | -8.87% | 0.74% |
Correlation
The correlation between SC0Q.DE and LTCM.DE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2009 | 0.74 |
Over the past year, SC0Q.DE and LTCM.DE have become more correlated (0.98) than their long-term average of 0.74, meaning their price movements have been converging.
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Return for Risk
SC0Q.DE vs. LTCM.DE — Risk / Return Rank
SC0Q.DE
LTCM.DE
SC0Q.DE vs. LTCM.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 Lyxor STOXX Europe 600 Telecommunications UCITS ETF Acc (LTCM.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 | LTCM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.28 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 3.14 | +0.58 |
| Martin ratioReturn relative to average drawdown | 8.87 | 6.46 | +2.41 |
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 | LTCM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 1.57 | +0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.80 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | 0.30 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.22 | +0.11 |
Drawdowns
SC0Q.DE vs. LTCM.DE - Drawdown Comparison
The maximum SC0Q.DE drawdown since its inception was -48.95%, roughly equal to the maximum LTCM.DE drawdown of -47.69%. Use the drawdown chart below to compare losses from any high point for SC0Q.DE and LTCM.DE.
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Drawdown Indicators
| SC0Q.DE | LTCM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.95% | -47.69% | -1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -7.67% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -9.73% | -9.60% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -21.66% | -21.10% | -0.56% |
Max Drawdown (10Y)Largest decline over 10 years | -38.17% | -31.91% | -6.26% |
Current DrawdownCurrent decline from peak | -2.05% | -2.38% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -19.11% | -21.45% | +2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 3.48% | -0.34% |
Volatility
SC0Q.DE vs. LTCM.DE - Volatility Comparison
Invesco European Telecoms Sector UCITS ETF (SC0Q.DE) and Lyxor STOXX Europe 600 Telecommunications UCITS ETF Acc (LTCM.DE) have volatilities of 6.36% and 6.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0Q.DE | LTCM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.36% | 6.12% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 12.40% | -0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.95% | 15.36% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.07% | 15.74% | -1.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.00% | 18.36% | -2.36% |
SC0Q.DE vs. LTCM.DE - Expense Ratio Comparison
SC0Q.DE has a 0.20% expense ratio, which is lower than LTCM.DE's 0.30% expense ratio.
Dividends
SC0Q.DE vs. LTCM.DE - Dividend Comparison
Neither SC0Q.DE nor LTCM.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.98, SC0Q.DE and LTCM.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, SC0Q.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0Q.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for LTCM.DE.
SC0Q.DE tracks STOXX® Europe 600 Optimised Telecommunications, while LTCM.DE tracks STOXX® Europe 600 Telecommunications. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.20% for SC0Q.DE and 0.30% for LTCM.DE.
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