SC0X.DE vs. DR7E.DE
SC0X.DE (Invesco European Technology Sector UCITS ETF) and DR7E.DE (Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating) are both Technology Equities funds - SC0X.DE tracks the STOXX® Europe 600 Optimised Technology while DR7E.DE tracks the Solactive Autonomous & Electric Vehicles. Both are passively managed. Over the past 3 years, SC0X.DE returned 11.26%/yr vs 18.20%/yr for DR7E.DE. A 0.75 correlation means they provide meaningful diversification when combined. SC0X.DE charges 0.20%/yr vs 0.50%/yr for DR7E.DE.
Performance
SC0X.DE vs. DR7E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0X.DE achieves a 16.14% return, which is significantly lower than DR7E.DE's 41.08% return.
SC0X.DE
- 1D
- 1.07%
- 1M
- 11.90%
- YTD
- 16.14%
- 6M
- 14.63%
- 1Y
- 13.43%
- 3Y*
- 11.26%
- 5Y*
- 6.18%
- 10Y*
- 11.23%
DR7E.DE
- 1D
- -1.47%
- 1M
- 7.64%
- YTD
- 41.08%
- 6M
- 38.98%
- 1Y
- 84.37%
- 3Y*
- 18.20%
- 5Y*
- —
- 10Y*
- —
SC0X.DE vs. DR7E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SC0X.DE Invesco European Technology Sector UCITS ETF | 16.14% | 4.06% | 5.58% | 31.88% | -27.14% | -4.92% |
DR7E.DE Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 41.08% | 15.37% | 0.76% | 23.30% | -30.28% | -2.43% |
Correlation
The correlation between SC0X.DE and DR7E.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2021 | 0.75 |
The correlation between SC0X.DE and DR7E.DE has been stable across timeframes, ranging from 0.66 to 0.75 - a consistent structural relationship.
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Return for Risk
SC0X.DE vs. DR7E.DE — Risk / Return Rank
SC0X.DE
DR7E.DE
SC0X.DE vs. DR7E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Technology Sector UCITS ETF (SC0X.DE) and Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.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.
| SC0X.DE | DR7E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.03 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.57 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 8.52 | -7.76 |
| Martin ratioReturn relative to average drawdown | 1.99 | 24.61 | -22.62 |
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
| SC0X.DE | DR7E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 3.67 | -3.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.29 | +0.24 |
Drawdowns
SC0X.DE vs. DR7E.DE - Drawdown Comparison
The maximum SC0X.DE drawdown since its inception was -38.91%, roughly equal to the maximum DR7E.DE drawdown of -40.66%. Use the drawdown chart below to compare losses from any high point for SC0X.DE and DR7E.DE.
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Drawdown Indicators
| SC0X.DE | DR7E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -40.66% | +1.75% |
Max Drawdown (1Y)Largest decline over 1 year | -18.06% | -9.95% | -8.11% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | -33.99% | +10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -38.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -2.08% | +1.85% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -18.33% | +9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.88% | 3.45% | +3.43% |
Volatility
SC0X.DE vs. DR7E.DE - Volatility Comparison
The current volatility for Invesco European Technology Sector UCITS ETF (SC0X.DE) is 7.28%, while Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DR7E.DE) has a volatility of 9.64%. This indicates that SC0X.DE experiences smaller price fluctuations and is considered to be less risky than DR7E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0X.DE | DR7E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 9.64% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 16.91% | +1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.57% | 23.14% | -1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.52% | 25.01% | -1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 25.01% | -2.36% |
SC0X.DE vs. DR7E.DE - Expense Ratio Comparison
SC0X.DE has a 0.20% expense ratio, which is lower than DR7E.DE's 0.50% expense ratio.
Dividends
SC0X.DE vs. DR7E.DE - Dividend Comparison
Neither SC0X.DE nor DR7E.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0X.DE and DR7E.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0X.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0X.DE is cheaper with a 0.20% expense ratio, compared with 0.50% for DR7E.DE.
SC0X.DE tracks STOXX® Europe 600 Optimised Technology, while DR7E.DE tracks Solactive Autonomous & Electric Vehicles. They also come from different issuers: Invesco and Global X. Their fees differ too: 0.20% for SC0X.DE and 0.50% for DR7E.DE.
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