SC0V.DE vs. WNDY.DE

Last updated Jun 5, 2026

SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) and WNDY.DE (Global X Wind Energy UCITS ETF USD Accumulating) are both Energy Equities funds - SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas while WNDY.DE tracks the Solactive Wind Energy. Both are passively managed. Over the past 3 years, SC0V.DE returned 21.14%/yr vs -0.54%/yr for WNDY.DE. At a 0.34 correlation, their price movements are largely independent. SC0V.DE charges 0.20%/yr vs 0.50%/yr for WNDY.DE.

Performance

SC0V.DE vs. WNDY.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) and Global X Wind Energy UCITS ETF USD Accumulating (WNDY.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SC0V.DE achieves a 34.01% return, which is significantly higher than WNDY.DE's 17.83% 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%

WNDY.DE

• 1D: -2.17%
• 1M: -7.39%
• YTD: 17.83%
• 6M: 17.94%
• 1Y: 39.82%
• 3Y*: -0.54%
• 5Y*: —
• 10Y*: —

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

SC0V.DE vs. WNDY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF	34.01%	29.15%	-5.65%	5.37%	16.13%
WNDY.DE Global X Wind Energy UCITS ETF USD Accumulating	17.83%	17.05%	-14.98%	-22.01%	-8.38%

Correlation

The correlation between SC0V.DE and WNDY.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.34

Return for Risk

SC0V.DE vs. WNDY.DE — Risk / Return Rank

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

SC0V.DE

SC0V.DE Risk / Return Rank: 91
SC0V.DE Sharpe Ratio Rank: 91
SC0V.DE Sortino Ratio Rank: 87
SC0V.DE Omega Ratio Rank: 88
SC0V.DE Calmar Ratio Rank: 95
SC0V.DE Martin Ratio Rank: 94

WNDY.DE

WNDY.DE Risk / Return Rank: 67
WNDY.DE Sharpe Ratio Rank: 59
WNDY.DE Sortino Ratio Rank: 57
WNDY.DE Omega Ratio Rank: 57
WNDY.DE Calmar Ratio Rank: 86
WNDY.DE Martin Ratio Rank: 78

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.

SC0V.DE vs. WNDY.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 Global X Wind Energy UCITS ETF USD Accumulating (WNDY.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	WNDY.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.19	1.96	+1.23
Sortino ratio: Return per unit of downside risk	3.90	2.68	+1.22
Omega ratio: Gain probability vs. loss probability	1.54	1.34	+0.19
Calmar ratio: Return relative to maximum drawdown	7.93	4.67	+3.26
Martin ratio: Return relative to average drawdown	28.20	14.81	+13.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0V.DE vs. WNDY.DE - Sharpe Ratio Comparison

The current SC0V.DE Sharpe Ratio is 3.19, which is higher than the WNDY.DE Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of SC0V.DE and WNDY.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

	SC0V.DE	WNDY.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.19	1.96	+1.23
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	-0.19	+0.53

Drawdowns

SC0V.DE vs. WNDY.DE - Drawdown Comparison

The maximum SC0V.DE drawdown since its inception was -57.15%, which is greater than WNDY.DE's maximum drawdown of -52.12%. Use the drawdown chart below to compare losses from any high point for SC0V.DE and WNDY.DE.

Drawdown Indicators

	SC0V.DE	WNDY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-57.15%	-52.12%	-5.03%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-8.45%	+1.10%
Max Drawdown (3Y) Largest decline over 3 years	-22.22%	-37.87%	+15.65%
Max Drawdown (5Y) Largest decline over 5 years	-22.22%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.15%	—	—
Current Drawdown Current decline from peak	-5.05%	-23.24%	+18.19%
Average Drawdown Average peak-to-trough decline	-10.52%	-30.02%	+19.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.67%	-0.60%

Volatility

SC0V.DE vs. WNDY.DE - Volatility Comparison

Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) has a higher volatility of 6.07% compared to Global X Wind Energy UCITS ETF USD Accumulating (WNDY.DE) at 5.39%. This indicates that SC0V.DE's price experiences larger fluctuations and is considered to be riskier than WNDY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0V.DE	WNDY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	5.39%	+0.68%
Volatility (6M) Calculated over the trailing 6-month period	14.92%	14.34%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	18.28%	20.15%	-1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.74%	21.04%	+0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.93%	21.04%	+2.89%

SC0V.DE vs. WNDY.DE - Expense Ratio Comparison

SC0V.DE has a 0.20% expense ratio, which is lower than WNDY.DE's 0.50% expense ratio.

Dividends

SC0V.DE vs. WNDY.DE - Dividend Comparison

Neither SC0V.DE nor WNDY.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SC0V.DE and WNDY.DE in my portfolio?

SC0V.DE and WNDY.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC0V.DE or WNDY.DE?

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.

Which ETF is cheaper, SC0V.DE or WNDY.DE?

SC0V.DE is cheaper with a 0.20% expense ratio, compared with 0.50% for WNDY.DE.

What is the main difference between SC0V.DE and WNDY.DE?

SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas, while WNDY.DE tracks Solactive Wind Energy. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.20% for SC0V.DE and 0.50% for WNDY.DE.