SC0R.DE vs. CEMG.DE
SC0R.DE (Invesco European Travel Sector UCITS ETF) and CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) are both Consumer Staples Equities funds - SC0R.DE tracks the STOXX® Europe 600 Optimised Travel & Leisure 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, SC0R.DE returned 3.85%/yr vs 3.56%/yr for CEMG.DE. A 0.54 correlation means they provide meaningful diversification when combined. SC0R.DE charges 0.20%/yr vs 0.60%/yr for CEMG.DE.
Performance
SC0R.DE vs. CEMG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0R.DE achieves a 0.24% return, which is significantly higher than CEMG.DE's -7.03% return. Over the past 10 years, SC0R.DE has outperformed CEMG.DE with an annualized return of 3.85%, while CEMG.DE has yielded a comparatively lower 3.56% annualized return.
SC0R.DE
- 1D
- 0.49%
- 1M
- 11.79%
- YTD
- 0.24%
- 6M
- 5.38%
- 1Y
- 8.65%
- 3Y*
- 6.07%
- 5Y*
- 2.45%
- 10Y*
- 3.85%
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%
SC0R.DE vs. CEMG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0R.DE Invesco European Travel Sector UCITS ETF | 0.24% | 6.02% | 14.47% | 24.44% | -14.51% | 6.20% | -13.70% | 23.30% | -14.12% | 19.55% |
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 SC0R.DE and CEMG.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 | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2014 | 0.54 |
The correlation between SC0R.DE and CEMG.DE has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SC0R.DE vs. CEMG.DE — Risk / Return Rank
SC0R.DE
CEMG.DE
SC0R.DE vs. CEMG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Travel Sector UCITS ETF (SC0R.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.
| SC0R.DE | CEMG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.91 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | -0.58 | +1.19 |
| Martin ratioReturn relative to average drawdown | 1.44 | -1.23 | +2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SC0R.DE | CEMG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | -0.64 | +1.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | -0.12 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.19 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.22 | +0.17 |
Drawdowns
SC0R.DE vs. CEMG.DE - Drawdown Comparison
The maximum SC0R.DE drawdown since its inception was -55.64%, 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 SC0R.DE and CEMG.DE.
Loading charts...
Drawdown Indicators
| SC0R.DE | CEMG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.64% | -33.94% | -21.70% |
Max Drawdown (1Y)Largest decline over 1 year | -14.20% | -14.05% | -0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | -20.18% | -4.58% |
Max Drawdown (5Y)Largest decline over 5 years | -38.34% | -31.08% | -7.26% |
Max Drawdown (10Y)Largest decline over 10 years | -55.64% | -33.94% | -21.70% |
Current DrawdownCurrent decline from peak | -1.42% | -18.75% | +17.33% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -12.26% | +1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 6.68% | -0.69% |
Volatility
SC0R.DE vs. CEMG.DE - Volatility Comparison
Invesco European Travel Sector UCITS ETF (SC0R.DE) has a higher volatility of 5.86% compared to iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) at 4.37%. This indicates that SC0R.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.
Loading charts...
Volatility by Period
| SC0R.DE | CEMG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 4.37% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 10.24% | +7.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.97% | 12.88% | +9.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.86% | 18.54% | +5.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.89% | 18.33% | +6.56% |
SC0R.DE vs. CEMG.DE - Expense Ratio Comparison
SC0R.DE has a 0.20% expense ratio, which is lower than CEMG.DE's 0.60% expense ratio.
Dividends
SC0R.DE vs. CEMG.DE - Dividend Comparison
Neither SC0R.DE nor CEMG.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0R.DE and CEMG.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, SC0R.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0R.DE is cheaper with a 0.20% expense ratio, compared with 0.60% for CEMG.DE.
SC0R.DE tracks STOXX® Europe 600 Optimised Travel & Leisure, 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 SC0R.DE and 0.60% for CEMG.DE.
Find the right allocation for SC0R.DE and CEMG.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer