SC0V.DE vs. WDEE.DE
SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) and WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) are both Energy Equities funds from Invesco - SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas while WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Both are passively managed. Over the past 3 years, SC0V.DE returned 21.14%/yr vs 16.13%/yr for WDEE.DE. A 0.77 correlation means they provide meaningful diversification when combined. SC0V.DE charges 0.20%/yr vs 0.18%/yr for WDEE.DE.
Performance
SC0V.DE vs. WDEE.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SC0V.DE having a 34.01% return and WDEE.DE slightly lower at 33.31%.
SC0V.DE
- 1D
- -0.63%
- 1M
- -5.05%
- YTD
- 34.01%
- 6M
- 31.68%
- 1Y
- 58.57%
- 3Y*
- 21.14%
- 5Y*
- 19.52%
- 10Y*
- 11.36%
WDEE.DE
- 1D
- 2.19%
- 1M
- -0.24%
- YTD
- 33.31%
- 6M
- 28.72%
- 1Y
- 38.58%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
SC0V.DE vs. WDEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 3.15% |
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 6.37% |
Correlation
The correlation between SC0V.DE and WDEE.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.77 |
The correlation between SC0V.DE and WDEE.DE has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.
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Return for Risk
SC0V.DE vs. WDEE.DE — Risk / Return Rank
SC0V.DE
WDEE.DE
SC0V.DE vs. WDEE.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 S&P World Energy ESG UCITS ETF Acc (WDEE.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 | WDEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.31 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 7.93 | 2.94 | +4.99 |
| Martin ratioReturn relative to average drawdown | 28.20 | 9.51 | +18.70 |
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 | WDEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.19 | 1.75 | +1.44 |
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 | 0.69 | -0.35 |
Drawdowns
SC0V.DE vs. WDEE.DE - Drawdown Comparison
The maximum SC0V.DE drawdown since its inception was -57.15%, which is greater than WDEE.DE's maximum drawdown of -23.77%. Use the drawdown chart below to compare losses from any high point for SC0V.DE and WDEE.DE.
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Drawdown Indicators
| SC0V.DE | WDEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.15% | -23.77% | -33.38% |
Max Drawdown (1Y)Largest decline over 1 year | -7.35% | -12.42% | +5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -23.77% | +1.55% |
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% | -4.37% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -10.52% | -7.19% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 3.85% | -1.78% |
Volatility
SC0V.DE vs. WDEE.DE - Volatility Comparison
The current volatility for Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) is 6.07%, while Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a volatility of 7.54%. This indicates that SC0V.DE experiences smaller price fluctuations and is considered to be less risky than WDEE.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 | WDEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.07% | 7.54% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.92% | 17.53% | -2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.28% | 20.89% | -2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.74% | 19.94% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.93% | 19.94% | +3.99% |
SC0V.DE vs. WDEE.DE - Expense Ratio Comparison
SC0V.DE has a 0.20% expense ratio, which is higher than WDEE.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
SC0V.DE vs. WDEE.DE - Dividend Comparison
Neither SC0V.DE nor WDEE.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0V.DE and WDEE.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0V.DE.
SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas, while WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy. Their fees differ too: 0.20% for SC0V.DE and 0.18% for WDEE.DE.
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