SC0W.DE vs. SC0S.DE
SC0W.DE (Invesco European Basic Resources Sector UCITS ETF) and SC0S.DE (Invesco European Industrials Sector UCITS ETF Acc) are both Industrials Equities funds from Invesco - SC0W.DE tracks the STOXX® Europe 600 Optimised Basic Resources while SC0S.DE tracks the STOXX® Europe 600 Optimised Industrial Goods & Services. Both are passively managed. Over the past 10 years, SC0W.DE returned 17.03%/yr vs 12.01%/yr for SC0S.DE. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC0W.DE vs. SC0S.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0W.DE achieves a 32.91% return, which is significantly higher than SC0S.DE's 8.38% return. Over the past 10 years, SC0W.DE has outperformed SC0S.DE with an annualized return of 17.03%, while SC0S.DE has yielded a comparatively lower 12.01% annualized return.
SC0W.DE
- 1D
- -0.81%
- 1M
- 11.15%
- YTD
- 32.91%
- 6M
- 42.46%
- 1Y
- 84.15%
- 3Y*
- 20.41%
- 5Y*
- 12.13%
- 10Y*
- 17.03%
SC0S.DE
- 1D
- 0.58%
- 1M
- 1.35%
- YTD
- 8.38%
- 6M
- 10.69%
- 1Y
- 14.05%
- 3Y*
- 18.41%
- 5Y*
- 11.43%
- 10Y*
- 12.01%
SC0W.DE vs. SC0S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0W.DE Invesco European Basic Resources Sector UCITS ETF | 32.91% | 33.79% | -7.95% | -3.82% | 9.72% | 27.53% | 12.84% | 22.79% | -10.57% | 24.44% |
SC0S.DE Invesco European Industrials Sector UCITS ETF Acc | 8.38% | 24.49% | 14.80% | 23.83% | -17.98% | 25.69% | 6.90% | 36.37% | -14.66% | 16.39% |
Correlation
The correlation between SC0W.DE and SC0S.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 2009 | 0.63 |
The correlation between SC0W.DE and SC0S.DE has been stable across timeframes, ranging from 0.54 to 0.63 - a consistent structural relationship.
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Return for Risk
SC0W.DE vs. SC0S.DE — Risk / Return Rank
SC0W.DE
SC0S.DE
SC0W.DE vs. SC0S.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Basic Resources Sector UCITS ETF (SC0W.DE) and Invesco European Industrials Sector UCITS ETF Acc (SC0S.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.
| SC0W.DE | SC0S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.42 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.14 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.75 | 1.11 | +3.64 |
| Martin ratioReturn relative to average drawdown | 18.77 | 3.85 | +14.91 |
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
| SC0W.DE | SC0S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.13 | 0.72 | +2.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.57 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.59 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.60 | -0.32 |
Drawdowns
SC0W.DE vs. SC0S.DE - Drawdown Comparison
The maximum SC0W.DE drawdown since its inception was -68.06%, which is greater than SC0S.DE's maximum drawdown of -41.83%. Use the drawdown chart below to compare losses from any high point for SC0W.DE and SC0S.DE.
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Drawdown Indicators
| SC0W.DE | SC0S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.06% | -41.83% | -26.23% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -12.63% | -5.01% |
Max Drawdown (3Y)Largest decline over 3 years | -34.35% | -19.20% | -15.15% |
Max Drawdown (5Y)Largest decline over 5 years | -38.09% | -30.80% | -7.29% |
Max Drawdown (10Y)Largest decline over 10 years | -45.64% | -41.83% | -3.81% |
Current DrawdownCurrent decline from peak | -2.54% | -1.80% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -21.96% | -6.77% | -15.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 3.63% | +0.75% |
Volatility
SC0W.DE vs. SC0S.DE - Volatility Comparison
Invesco European Basic Resources Sector UCITS ETF (SC0W.DE) has a higher volatility of 10.17% compared to Invesco European Industrials Sector UCITS ETF Acc (SC0S.DE) at 6.45%. This indicates that SC0W.DE's price experiences larger fluctuations and is considered to be riskier than SC0S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0W.DE | SC0S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 6.45% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 22.56% | 16.29% | +6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.72% | 19.45% | +7.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.37% | 19.70% | +7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.35% | 20.19% | +8.16% |
SC0W.DE vs. SC0S.DE - Expense Ratio Comparison
Both SC0W.DE and SC0S.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SC0W.DE vs. SC0S.DE - Dividend Comparison
Neither SC0W.DE nor SC0S.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0W.DE and SC0S.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC0W.DE and SC0S.DE have the same expense ratio: 0.20% per year.
SC0W.DE tracks STOXX® Europe 600 Optimised Basic Resources, while SC0S.DE tracks STOXX® Europe 600 Optimised Industrial Goods & Services.
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