SC0W.DE vs. WDTE.DE

Last updated Jun 5, 2026

SC0W.DE (Invesco European Basic Resources Sector UCITS ETF) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both exchange-traded funds - SC0W.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Optimised Basic Resources, while WDTE.DE is a Technology Equities fund tracking the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, SC0W.DE returned 20.41%/yr vs 25.83%/yr for WDTE.DE. At a 0.30 correlation, their price movements are largely independent. SC0W.DE charges 0.20%/yr vs 0.18%/yr for WDTE.DE.

Performance

SC0W.DE vs. WDTE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Basic Resources Sector UCITS ETF (SC0W.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SC0W.DE achieves a 32.91% return, which is significantly higher than WDTE.DE's 18.32% 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%

WDTE.DE

• 1D: -2.54%
• 1M: 12.94%
• YTD: 18.32%
• 6M: 18.30%
• 1Y: 36.88%
• 3Y*: 25.83%
• 5Y*: —
• 10Y*: —

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

SC0W.DE vs. WDTE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SC0W.DE Invesco European Basic Resources Sector UCITS ETF	32.91%	33.79%	-7.95%	0.02%
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc	18.32%	6.19%	42.11%	32.17%

Correlation

The correlation between SC0W.DE and WDTE.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.30

Return for Risk

SC0W.DE vs. WDTE.DE — Risk / Return Rank

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

SC0W.DE

SC0W.DE Risk / Return Rank: 87
SC0W.DE Sharpe Ratio Rank: 91
SC0W.DE Sortino Ratio Rank: 88
SC0W.DE Omega Ratio Rank: 83
SC0W.DE Calmar Ratio Rank: 86
SC0W.DE Martin Ratio Rank: 88

WDTE.DE

WDTE.DE Risk / Return Rank: 50
WDTE.DE Sharpe Ratio Rank: 56
WDTE.DE Sortino Ratio Rank: 52
WDTE.DE Omega Ratio Rank: 52
WDTE.DE Calmar Ratio Rank: 48
WDTE.DE Martin Ratio Rank: 40

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.

SC0W.DE vs. WDTE.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 S&P World Information Technology ESG UCITS ETF Acc (WDTE.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	WDTE.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.13	1.88	+1.25
Sortino ratio: Return per unit of downside risk	3.92	2.51	+1.42
Omega ratio: Gain probability vs. loss probability	1.49	1.32	+0.17
Calmar ratio: Return relative to maximum drawdown	4.75	2.33	+2.42
Martin ratio: Return relative to average drawdown	18.77	6.14	+12.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0W.DE vs. WDTE.DE - Sharpe Ratio Comparison

The current SC0W.DE Sharpe Ratio is 3.13, which is higher than the WDTE.DE Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of SC0W.DE and WDTE.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

	SC0W.DE	WDTE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.13	1.88	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	1.44	-1.16

Drawdowns

SC0W.DE vs. WDTE.DE - Drawdown Comparison

The maximum SC0W.DE drawdown since its inception was -68.06%, which is greater than WDTE.DE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for SC0W.DE and WDTE.DE.

Drawdown Indicators

	SC0W.DE	WDTE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-68.06%	-28.19%	-39.87%
Max Drawdown (1Y) Largest decline over 1 year	-17.64%	-15.79%	-1.85%
Max Drawdown (3Y) Largest decline over 3 years	-34.35%	-28.19%	-6.16%
Max Drawdown (5Y) Largest decline over 5 years	-38.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.64%	—	—
Current Drawdown Current decline from peak	-2.54%	-3.63%	+1.09%
Average Drawdown Average peak-to-trough decline	-21.96%	-4.97%	-16.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	5.99%	-1.61%

Volatility

SC0W.DE vs. WDTE.DE - Volatility Comparison

Invesco European Basic Resources Sector UCITS ETF (SC0W.DE) has a higher volatility of 10.17% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 8.26%. This indicates that SC0W.DE's price experiences larger fluctuations and is considered to be riskier than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0W.DE	WDTE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.17%	8.26%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	22.56%	15.09%	+7.47%
Volatility (1Y) Calculated over the trailing 1-year period	26.72%	19.51%	+7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.37%	21.74%	+5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.35%	21.74%	+6.61%

SC0W.DE vs. WDTE.DE - Expense Ratio Comparison

SC0W.DE has a 0.20% expense ratio, which is higher than WDTE.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

SC0W.DE vs. WDTE.DE - Dividend Comparison

Neither SC0W.DE nor WDTE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SC0W.DE and WDTE.DE in my portfolio?

SC0W.DE and WDTE.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SC0W.DE or WDTE.DE?

On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SC0W.DE or WDTE.DE?

WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0W.DE.

What is the main difference between SC0W.DE and WDTE.DE?

SC0W.DE is categorized as Industrials Equities, while WDTE.DE is Technology Equities. SC0W.DE tracks STOXX® Europe 600 Optimised Basic Resources, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Their fees differ too: 0.20% for SC0W.DE and 0.18% for WDTE.DE.