SC0S.DE vs. WELI.DE

Last updated Jun 5, 2026

SC0S.DE (Invesco European Industrials Sector UCITS ETF Acc) and WELI.DE (Amundi S&P Global Materials ESG UCITS ETF EUR Acc) are both Industrials Equities funds - SC0S.DE tracks the STOXX® Europe 600 Optimised Industrial Goods & Services while WELI.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. Both are passively managed. Over the past 3 years, SC0S.DE returned 18.41%/yr vs 13.20%/yr for WELI.DE. A 0.64 correlation means they provide meaningful diversification when combined. SC0S.DE charges 0.20%/yr vs 0.18%/yr for WELI.DE.

Performance

SC0S.DE vs. WELI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Industrials Sector UCITS ETF Acc (SC0S.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SC0S.DE achieves a 8.38% return, which is significantly lower than WELI.DE's 16.84% return.

SC0S.DE

• 1D: 0.58%
• 1M: 1.35%
• YTD: 8.38%
• 6M: 10.69%
• 1Y: 14.05%
• 3Y*: 18.41%
• 5Y*: 11.43%
• 10Y*: 12.01%

WELI.DE

• 1D: -0.41%
• 1M: 5.45%
• YTD: 16.84%
• 6M: 21.59%
• 1Y: 32.55%
• 3Y*: 13.20%
• 5Y*: —
• 10Y*: —

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

SC0S.DE vs. WELI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SC0S.DE Invesco European Industrials Sector UCITS ETF Acc	8.38%	24.49%	14.80%	23.83%	12.18%
WELI.DE Amundi S&P Global Materials ESG UCITS ETF EUR Acc	16.84%	14.91%	-0.52%	10.29%	9.11%

Correlation

The correlation between SC0S.DE and WELI.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 (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022	0.64

The correlation between SC0S.DE and WELI.DE has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

Return for Risk

SC0S.DE vs. WELI.DE — Risk / Return Rank

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

SC0S.DE

SC0S.DE Risk / Return Rank: 24
SC0S.DE Sharpe Ratio Rank: 22
SC0S.DE Sortino Ratio Rank: 23
SC0S.DE Omega Ratio Rank: 22
SC0S.DE Calmar Ratio Rank: 24
SC0S.DE Martin Ratio Rank: 28

WELI.DE

WELI.DE Risk / Return Rank: 51
WELI.DE Sharpe Ratio Rank: 53
WELI.DE Sortino Ratio Rank: 54
WELI.DE Omega Ratio Rank: 50
WELI.DE Calmar Ratio Rank: 45
WELI.DE Martin Ratio Rank: 53

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.

SC0S.DE vs. WELI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco European Industrials Sector UCITS ETF Acc (SC0S.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.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.

	SC0S.DE	WELI.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.72	1.78	-1.06
Sortino ratio: Return per unit of downside risk	1.19	2.53	-1.34
Omega ratio: Gain probability vs. loss probability	1.14	1.31	-0.16
Calmar ratio: Return relative to maximum drawdown	1.11	2.21	-1.10
Martin ratio: Return relative to average drawdown	3.85	8.95	-5.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0S.DE vs. WELI.DE - Sharpe Ratio Comparison

The current SC0S.DE Sharpe Ratio is 0.72, which is lower than the WELI.DE Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of SC0S.DE and WELI.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

	SC0S.DE	WELI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	1.78	-1.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.86	-0.26

Drawdowns

SC0S.DE vs. WELI.DE - Drawdown Comparison

The maximum SC0S.DE drawdown since its inception was -41.83%, which is greater than WELI.DE's maximum drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for SC0S.DE and WELI.DE.

Drawdown Indicators

	SC0S.DE	WELI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-41.83%	-21.14%	-20.69%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-14.69%	+2.06%
Max Drawdown (3Y) Largest decline over 3 years	-19.20%	-21.14%	+1.94%
Max Drawdown (5Y) Largest decline over 5 years	-30.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.83%	—	—
Current Drawdown Current decline from peak	-1.80%	-1.73%	-0.07%
Average Drawdown Average peak-to-trough decline	-6.77%	-4.51%	-2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	3.63%	0.00%

Volatility

SC0S.DE vs. WELI.DE - Volatility Comparison

Invesco European Industrials Sector UCITS ETF Acc (SC0S.DE) and Amundi S&P Global Materials ESG UCITS ETF EUR Acc (WELI.DE) have volatilities of 6.45% and 6.48%, 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.

Volatility by Period

	SC0S.DE	WELI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	6.48%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	16.29%	15.53%	+0.76%
Volatility (1Y) Calculated over the trailing 1-year period	19.45%	18.23%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.70%	16.10%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.19%	16.10%	+4.09%

SC0S.DE vs. WELI.DE - Expense Ratio Comparison

SC0S.DE has a 0.20% expense ratio, which is higher than WELI.DE's 0.18% 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

SC0S.DE vs. WELI.DE - Dividend Comparison

Neither SC0S.DE nor WELI.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SC0S.DE and WELI.DE in my portfolio?

SC0S.DE and WELI.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.

Which ETF is better, SC0S.DE or WELI.DE?

On fees, WELI.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC0S.DE or WELI.DE?

WELI.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0S.DE.

What is the main difference between SC0S.DE and WELI.DE?

SC0S.DE tracks STOXX® Europe 600 Optimised Industrial Goods & Services, while WELI.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Materials. They also come from different issuers: Invesco and Amundi. Their fees differ too: 0.20% for SC0S.DE and 0.18% for WELI.DE.