SC0U.DE vs. MDLZ

Last updated Jun 13, 2026

SC0U.DE (Invesco European Banks Sector UCITS ETF) is Financials Equities fund tracking the STOXX® Europe 600 Optimised Banks, while MDLZ (Mondelez International, Inc.) is a stock. Over the past 10 years, SC0U.DE returned 15.32%/yr vs 5.75%/yr for MDLZ. At a 0.12 correlation, their price movements are largely independent.

Performance

SC0U.DE vs. MDLZ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Banks Sector UCITS ETF (SC0U.DE) and Mondelez International, Inc. (MDLZ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SC0U.DE is traded in EUR, while MDLZ is traded in USD. To make them comparable, the MDLZ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SC0U.DE achieves a 8.50% return, which is significantly lower than MDLZ's 19.85% return. Over the past 10 years, SC0U.DE has outperformed MDLZ with an annualized return of 15.32%, while MDLZ has yielded a comparatively lower 5.75% annualized return.

SC0U.DE

• 1D: 4.29%
• 1M: 7.40%
• YTD: 8.50%
• 6M: 14.36%
• 1Y: 45.31%
• 3Y*: 43.09%
• 5Y*: 28.15%
• 10Y*: 15.32%

MDLZ

• 1D: -0.50%
• 1M: 4.75%
• YTD: 19.85%
• 6M: 20.41%
• 1Y: -2.90%
• 3Y*: -4.23%
• 5Y*: 3.30%
• 10Y*: 5.75%

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

SC0U.DE vs. MDLZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC0U.DE Invesco European Banks Sector UCITS ETF	8.50%	79.97%	32.49%	25.93%	-0.07%	37.72%	-22.62%	15.49%	-26.78%	10.92%
MDLZ Mondelez International, Inc.	19.85%	-18.06%	-9.71%	7.84%	9.30%	24.54%	-0.37%	43.60%	0.23%	-13.67%

Correlation

The correlation between SC0U.DE and MDLZ is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jul 7, 2009	0.12

The correlation between SC0U.DE and MDLZ shifts across timeframes, from -0.02 (3 years) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SC0U.DE vs. MDLZ — Risk / Return Rank

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

SC0U.DE

SC0U.DE Risk / Return Rank: 59
SC0U.DE Sharpe Ratio Rank: 64
SC0U.DE Sortino Ratio Rank: 63
SC0U.DE Omega Ratio Rank: 57
SC0U.DE Calmar Ratio Rank: 58
SC0U.DE Martin Ratio Rank: 54

MDLZ

MDLZ Risk / Return Rank: 33
MDLZ Sharpe Ratio Rank: 34
MDLZ Sortino Ratio Rank: 29
MDLZ Omega Ratio Rank: 29
MDLZ Calmar Ratio Rank: 38
MDLZ Martin Ratio Rank: 37

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.

SC0U.DE vs. MDLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco European Banks Sector UCITS ETF (SC0U.DE) and Mondelez International, Inc. (MDLZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SC0U.DE	MDLZ	Difference
Sharpe ratio: Return per unit of total volatility	1.86	-0.20	+2.06
Sortino ratio: Return per unit of downside risk	2.61	-0.14	+2.75
Omega ratio: Gain probability vs. loss probability	1.31	0.98	+0.33
Calmar ratio: Return relative to maximum drawdown	2.57	-0.17	+2.74
Martin ratio: Return relative to average drawdown	8.44	-0.30	+8.74

SC0U.DE vs. MDLZ - Sharpe Ratio Comparison

The current SC0U.DE Sharpe Ratio is 1.86, which is higher than the MDLZ Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of SC0U.DE and MDLZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SC0U.DE vs. MDLZ - Drawdown Comparison

The maximum SC0U.DE drawdown since its inception was -60.69%, which is greater than MDLZ's maximum drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for SC0U.DE and MDLZ.

Drawdown Indicators

	SC0U.DE	MDLZ	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-34.38%	-26.31%
Max Drawdown (1Y) Largest decline over 1 year	-16.70%	-25.68%	+8.98%
Max Drawdown (3Y) Largest decline over 3 years	-19.82%	-34.38%	+14.56%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	-34.38%	+4.53%
Max Drawdown (10Y) Largest decline over 10 years	-56.61%	-34.38%	-22.23%
Current Drawdown Current decline from peak	0.00%	-18.31%	+18.31%
Average Drawdown Average peak-to-trough decline	-20.11%	-8.75%	-11.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.10%	14.42%	-9.32%

Volatility

SC0U.DE vs. MDLZ - Volatility Comparison

Invesco European Banks Sector UCITS ETF (SC0U.DE) has a higher volatility of 6.96% compared to Mondelez International, Inc. (MDLZ) at 5.73%. This indicates that SC0U.DE's price experiences larger fluctuations and is considered to be riskier than MDLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0U.DE	MDLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	5.73%	+1.23%
Volatility (6M) Calculated over the trailing 6-month period	18.92%	16.12%	+2.80%
Volatility (1Y) Calculated over the trailing 1-year period	23.11%	21.51%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	19.25%	+4.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.59%	21.37%	+4.22%

Dividends

SC0U.DE vs. MDLZ - Dividend Comparison

SC0U.DE has not paid dividends to shareholders, while MDLZ's dividend yield for the trailing twelve months is around 3.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDLZ Mondelez International, Inc.	3.13%	3.60%	3.00%	2.24%	2.21%	2.01%	2.05%	1.98%	2.40%	1.92%	1.62%	1.43%
SC0U.DE Invesco European Banks Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SC0U.DE and MDLZ in my portfolio?

SC0U.DE and MDLZ have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.