SC0W.DE vs. ZPDI.DE
SC0W.DE (Invesco European Basic Resources Sector UCITS ETF) and ZPDI.DE (State Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc)) are both Industrials Equities funds - SC0W.DE tracks the STOXX® Europe 600 Optimised Basic Resources while ZPDI.DE tracks the S&P Industrials Select Sector Daily Capped 35/20 Index. Both are passively managed. Over the past 10 years, SC0W.DE returned 14.20%/yr vs 13.05%/yr for ZPDI.DE. At a 0.48 correlation, their price movements are largely independent. SC0W.DE charges 0.20%/yr vs 0.15%/yr for ZPDI.DE.
Performance
SC0W.DE vs. ZPDI.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SC0W.DE having a 18.60% return and ZPDI.DE slightly lower at 18.03%. Over the past 10 years, SC0W.DE has outperformed ZPDI.DE with an annualized return of 14.20%, while ZPDI.DE has yielded a comparatively lower 13.05% annualized return.
SC0W.DE
- 1D
- -1.16%
- 1M
- -9.64%
- 6M
- 7.93%
- YTD
- 18.60%
- 1Y
- 63.61%
- 3Y*
- 15.03%
- 5Y*
- 10.44%
- 10Y*
- 14.20%
ZPDI.DE
- 1D
- -0.73%
- 1M
- 1.70%
- 6M
- 12.06%
- YTD
- 18.03%
- 1Y
- 22.04%
- 3Y*
- 18.95%
- 5Y*
- 13.91%
- 10Y*
- 13.05%
SC0W.DE vs. ZPDI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0W.DE Invesco European Basic Resources Sector UCITS ETF | 18.60% | 33.79% | -7.95% | -3.82% | 9.72% | 27.53% | 12.84% | 22.79% | -10.57% | 24.44% |
ZPDI.DE State Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc) | 18.03% | 6.82% | 23.74% | 13.82% | -0.16% | 32.11% | -0.48% | 32.04% | -9.77% | 8.34% |
Correlation
The correlation between SC0W.DE and ZPDI.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2015 | 0.48 |
The correlation between SC0W.DE and ZPDI.DE shifts across timeframes, from 0.32 (3 years) to 0.48 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SC0W.DE vs. ZPDI.DE — Risk / Return Rank
SC0W.DE
ZPDI.DE
SC0W.DE vs. ZPDI.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 State Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc) (ZPDI.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SC0W.DE | ZPDI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.26 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.54 | 2.49 | +1.05 |
| Martin ratioReturn relative to average drawdown | 11.05 | 8.07 | +2.98 |
Loading charts...
Drawdowns
SC0W.DE vs. ZPDI.DE - Drawdown Comparison
The maximum SC0W.DE drawdown since its inception was -68.06%, which is greater than ZPDI.DE's maximum drawdown of -41.62%. Use the drawdown chart below to compare losses from any high point for SC0W.DE and ZPDI.DE.
Loading charts...
Drawdown Indicators
| SC0W.DE | ZPDI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.06% | -41.62% | -26.44% |
Max Drawdown (1Y)Largest decline over 1 year | -17.90% | -8.83% | -9.07% |
Max Drawdown (3Y)Largest decline over 3 years | -34.35% | -22.54% | -11.81% |
Max Drawdown (5Y)Largest decline over 5 years | -38.09% | -22.54% | -15.55% |
Max Drawdown (10Y)Largest decline over 10 years | -45.64% | -41.62% | -4.02% |
Current DrawdownCurrent decline from peak | -13.03% | -3.51% | -9.52% |
Average DrawdownAverage peak-to-trough decline | -21.67% | -5.94% | -15.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.74% | 2.72% | +3.02% |
Volatility
SC0W.DE vs. ZPDI.DE - Volatility Comparison
Invesco European Basic Resources Sector UCITS ETF (SC0W.DE) has a higher volatility of 9.55% compared to State Street SPDR S&P U.S. Industrials Select Sector UCITS ETF (Acc) (ZPDI.DE) at 4.90%. This indicates that SC0W.DE's price experiences larger fluctuations and is considered to be riskier than ZPDI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0W.DE | ZPDI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.55% | 4.90% | +4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 24.63% | 11.76% | +12.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.10% | 15.11% | +12.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.57% | 16.80% | +10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.11% | 20.52% | +7.59% |
SC0W.DE vs. ZPDI.DE - Expense Ratio Comparison
SC0W.DE has a 0.20% expense ratio, which is higher than ZPDI.DE's 0.15% 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. ZPDI.DE - Dividend Comparison
Neither SC0W.DE nor ZPDI.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0W.DE and ZPDI.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDI.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDI.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for SC0W.DE.
SC0W.DE tracks STOXX® Europe 600 Optimised Basic Resources, while ZPDI.DE tracks S&P Industrials Select Sector Daily Capped 35/20 Index. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.20% for SC0W.DE and 0.15% for ZPDI.DE.
Find the right allocation for SC0W.DE and ZPDI.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer