SC0V.DE vs. S0LR.DE
SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) and S0LR.DE (Invesco Solar Energy UCITS ETF Acc) are both Energy Equities funds from Invesco - SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas while S0LR.DE tracks the MAC Global Solar Energy. Both are passively managed. Over the past 3 years, SC0V.DE returned 21.14%/yr vs -3.99%/yr for S0LR.DE. At a 0.28 correlation, their price movements are largely independent. SC0V.DE charges 0.20%/yr vs 0.69%/yr for S0LR.DE.
Performance
SC0V.DE vs. S0LR.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0V.DE achieves a 34.01% return, which is significantly lower than S0LR.DE's 39.14% return.
SC0V.DE
- 1D
- -0.63%
- 1M
- -2.25%
- YTD
- 34.01%
- 6M
- 32.79%
- 1Y
- 58.80%
- 3Y*
- 21.14%
- 5Y*
- 19.52%
- 10Y*
- 11.36%
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
SC0V.DE vs. S0LR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 5.37% | 30.86% | 10.49% |
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -27.80% | 1.22% | -8.13% |
Correlation
The correlation between SC0V.DE and S0LR.DE is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.28 |
The correlation between SC0V.DE and S0LR.DE shifts across timeframes, from 0.08 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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
SC0V.DE vs. S0LR.DE — Risk / Return Rank
SC0V.DE
S0LR.DE
SC0V.DE vs. S0LR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) and Invesco Solar Energy UCITS ETF Acc (S0LR.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.
| SC0V.DE | S0LR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.44 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 7.93 | 8.71 | -0.79 |
| Martin ratioReturn relative to average drawdown | 28.20 | 21.79 | +6.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SC0V.DE | S0LR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.19 | 3.02 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | -0.12 | +0.46 |
Drawdowns
SC0V.DE vs. S0LR.DE - Drawdown Comparison
The maximum SC0V.DE drawdown since its inception was -57.15%, smaller than the maximum S0LR.DE drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for SC0V.DE and S0LR.DE.
Loading charts...
Drawdown Indicators
| SC0V.DE | S0LR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.15% | -73.43% | +16.28% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -11.75% | +4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -65.01% | +42.79% |
Max Drawdown (5Y)Largest decline over 5 years | -22.22% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.15% | — | — |
Current DrawdownCurrent decline from peak | -5.05% | -32.82% | +27.77% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -39.70% | +29.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 4.71% | -2.64% |
Volatility
SC0V.DE vs. S0LR.DE - Volatility Comparison
The current volatility for Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) is 6.07%, while Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a volatility of 12.56%. This indicates that SC0V.DE experiences smaller price fluctuations and is considered to be less risky than S0LR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0V.DE | S0LR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 12.56% | -6.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 23.50% | -8.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.28% | 33.92% | -15.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 36.23% | -14.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.93% | 36.23% | -12.30% |
SC0V.DE vs. S0LR.DE - Expense Ratio Comparison
SC0V.DE has a 0.20% expense ratio, which is lower than S0LR.DE's 0.69% expense ratio.
Dividends
SC0V.DE vs. S0LR.DE - Dividend Comparison
Neither SC0V.DE nor S0LR.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0V.DE and S0LR.DE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0V.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0V.DE is cheaper with a 0.20% expense ratio, compared with 0.69% for S0LR.DE.
SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas, while S0LR.DE tracks MAC Global Solar Energy. Their fees differ too: 0.20% for SC0V.DE and 0.69% for S0LR.DE.
Find the right allocation for SC0V.DE and S0LR.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