SC0V.DE vs. VWCE.DE
SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - SC0V.DE is a Energy Equities fund tracking the STOXX® Europe 600 Optimised Oil & Gas, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 5 years, SC0V.DE returned 19.52%/yr vs 12.28%/yr for VWCE.DE. At a 0.47 correlation, their price movements are largely independent. SC0V.DE charges 0.20%/yr vs 0.19%/yr for VWCE.DE.
Performance
SC0V.DE vs. VWCE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0V.DE achieves a 34.01% return, which is significantly higher than VWCE.DE's 12.64% 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%
VWCE.DE
- 1D
- -0.21%
- 1M
- 3.63%
- YTD
- 12.64%
- 6M
- 12.84%
- 1Y
- 26.31%
- 3Y*
- 17.85%
- 5Y*
- 12.28%
- 10Y*
- —
SC0V.DE vs. VWCE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 5.37% | 30.86% | 20.64% | -20.83% | -0.06% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 12.64% | 9.16% | 24.41% | 18.18% | -13.47% | 28.62% | 5.36% | 8.01% |
Correlation
The correlation between SC0V.DE and VWCE.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2019 | 0.47 |
Over the past year, the correlation between SC0V.DE and VWCE.DE has dropped to 0.15 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
SC0V.DE vs. VWCE.DE — Risk / Return Rank
SC0V.DE
VWCE.DE
SC0V.DE vs. VWCE.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 Vanguard FTSE All-World UCITS ETF (VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.43 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 7.93 | 4.01 | +3.91 |
| Martin ratioReturn relative to average drawdown | 28.20 | 16.55 | +11.65 |
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
| SC0V.DE | VWCE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.19 | 2.31 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.89 | 0.88 | 0.00 |
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 | 0.79 | -0.44 |
Drawdowns
SC0V.DE vs. VWCE.DE - Drawdown Comparison
The maximum SC0V.DE drawdown since its inception was -57.15%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for SC0V.DE and VWCE.DE.
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Drawdown Indicators
| SC0V.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.15% | -33.43% | -23.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -6.55% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -21.07% | -1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.22% | -21.07% | -1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -57.15% | — | — |
Current DrawdownCurrent decline from peak | -5.05% | -0.66% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -4.69% | -5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 1.59% | +0.48% |
Volatility
SC0V.DE vs. VWCE.DE - Volatility Comparison
Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) has a higher volatility of 6.07% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.06%. This indicates that SC0V.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0V.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 3.06% | +3.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 8.18% | +6.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.28% | 11.37% | +6.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 13.75% | +7.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.93% | 16.16% | +7.77% |
SC0V.DE vs. VWCE.DE - Expense Ratio Comparison
SC0V.DE has a 0.20% expense ratio, which is higher than VWCE.DE's 0.19% 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
SC0V.DE vs. VWCE.DE - Dividend Comparison
Neither SC0V.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0V.DE and VWCE.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.20% for SC0V.DE.
SC0V.DE is categorized as Energy Equities, while VWCE.DE is Global Equities. SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.20% for SC0V.DE and 0.19% for VWCE.DE.
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