SC0R.DE vs. FWEA.DE
SC0R.DE (Invesco European Travel Sector UCITS ETF) and FWEA.DE (Invesco FTSE All-World UCITS ETF) are both exchange-traded funds - SC0R.DE is a Consumer Staples Equities fund tracking the STOXX® Europe 600 Optimised Travel & Leisure, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past year, SC0R.DE returned 8.65% vs 26.40% for FWEA.DE. A 0.59 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC0R.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0R.DE achieves a 0.24% return, which is significantly lower than FWEA.DE's 10.64% 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%
FWEA.DE
- 1D
- -0.24%
- 1M
- 4.41%
- YTD
- 10.64%
- 6M
- 11.85%
- 1Y
- 26.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SC0R.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0R.DE Invesco European Travel Sector UCITS ETF | 0.24% | 6.02% | 14.47% | 0.37% |
FWEA.DE Invesco FTSE All-World UCITS ETF | 10.64% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between SC0R.DE and FWEA.DE is 0.55, 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 | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2023 | 0.59 |
The correlation between SC0R.DE and FWEA.DE has been stable across timeframes, ranging from 0.55 to 0.59 - a consistent structural relationship.
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Return for Risk
SC0R.DE vs. FWEA.DE — Risk / Return Rank
SC0R.DE
FWEA.DE
SC0R.DE vs. FWEA.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 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.
| SC0R.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.43 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 3.18 | -2.57 |
| Martin ratioReturn relative to average drawdown | 1.44 | 13.52 | -12.08 |
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
| SC0R.DE | FWEA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 2.30 | -1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.51 | -1.13 |
Drawdowns
SC0R.DE vs. FWEA.DE - Drawdown Comparison
The maximum SC0R.DE drawdown since its inception was -55.64%, 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 SC0R.DE and FWEA.DE.
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Drawdown Indicators
| SC0R.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.64% | -17.48% | -38.16% |
Max Drawdown (1Y)Largest decline over 1 year | -14.20% | -8.28% | -5.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -55.64% | — | — |
Current DrawdownCurrent decline from peak | -1.42% | -0.81% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -1.86% | -8.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.99% | 1.95% | +4.04% |
Volatility
SC0R.DE vs. FWEA.DE - Volatility Comparison
Invesco European Travel Sector UCITS ETF (SC0R.DE) has a higher volatility of 5.86% compared to Invesco FTSE All-World UCITS ETF (FWEA.DE) at 3.36%. This indicates that SC0R.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
| SC0R.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 3.36% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 8.93% | +8.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.97% | 11.45% | +10.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.86% | 12.72% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.89% | 12.72% | +12.17% |
SC0R.DE vs. FWEA.DE - Expense Ratio Comparison
Both SC0R.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
SC0R.DE vs. FWEA.DE - Dividend Comparison
Neither SC0R.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0R.DE and FWEA.DE have a correlation of 0.55, 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.
SC0R.DE and FWEA.DE have the same expense ratio: 0.20% per year.
SC0R.DE is categorized as Consumer Staples Equities, while FWEA.DE is Global Equities. SC0R.DE tracks STOXX® Europe 600 Optimised Travel & Leisure, while FWEA.DE tracks FTSE All-World Index.
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