SC0X.DE vs. EQQX.DE
SC0X.DE (Invesco European Technology Sector UCITS ETF) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - SC0X.DE is a Technology Equities fund tracking the STOXX® Europe 600 Optimised Technology, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, SC0X.DE returned 6.18%/yr vs 19.11%/yr for EQQX.DE. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
SC0X.DE vs. EQQX.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SC0X.DE achieves a 16.14% return, which is significantly lower than EQQX.DE's 21.61% return.
SC0X.DE
- 1D
- 1.07%
- 1M
- 13.46%
- YTD
- 16.14%
- 6M
- 15.05%
- 1Y
- 13.75%
- 3Y*
- 11.26%
- 5Y*
- 6.18%
- 10Y*
- 11.23%
EQQX.DE
- 1D
- 0.11%
- 1M
- 8.86%
- YTD
- 21.61%
- 6M
- 19.72%
- 1Y
- 38.41%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
SC0X.DE vs. EQQX.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% | 9.57% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 51.62% | -29.90% | 26.11% |
Correlation
The correlation between SC0X.DE and EQQX.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.73 |
The correlation between SC0X.DE and EQQX.DE has been stable across timeframes, ranging from 0.69 to 0.73 - a consistent structural relationship.
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
SC0X.DE vs. EQQX.DE — Risk / Return Rank
SC0X.DE
EQQX.DE
SC0X.DE vs. EQQX.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 Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.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 | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.44 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 3.91 | -3.15 |
| Martin ratioReturn relative to average drawdown | 1.99 | 11.64 | -9.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SC0X.DE | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 2.49 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.95 | -0.69 |
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 | 0.90 | -0.37 |
Drawdowns
SC0X.DE vs. EQQX.DE - Drawdown Comparison
The maximum SC0X.DE drawdown since its inception was -38.91%, which is greater than EQQX.DE's maximum drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for SC0X.DE and EQQX.DE.
Loading charts...
Drawdown Indicators
| SC0X.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -31.17% | -7.74% |
Max Drawdown (1Y)Largest decline over 1 year | -18.06% | -9.97% | -8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | -26.80% | +2.90% |
Max Drawdown (5Y)Largest decline over 5 years | -38.91% | -31.17% | -7.74% |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | 0.00% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -7.99% | -0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.88% | 3.36% | +3.52% |
Volatility
SC0X.DE vs. EQQX.DE - Volatility Comparison
Invesco European Technology Sector UCITS ETF (SC0X.DE) has a higher volatility of 7.28% compared to Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) at 4.15%. This indicates that SC0X.DE's price experiences larger fluctuations and is considered to be riskier than EQQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0X.DE | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 4.15% | +3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 10.89% | +7.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.57% | 15.75% | +5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.52% | 19.86% | +3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 19.79% | +2.86% |
SC0X.DE vs. EQQX.DE - Expense Ratio Comparison
Both SC0X.DE and EQQX.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
SC0X.DE vs. EQQX.DE - Dividend Comparison
Neither SC0X.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0X.DE and EQQX.DE have a correlation of 0.69, 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.
SC0X.DE and EQQX.DE have the same expense ratio: 0.20% per year.
SC0X.DE is categorized as Technology Equities, while EQQX.DE is Nasdaq-100. SC0X.DE tracks STOXX® Europe 600 Optimised Technology, while EQQX.DE tracks Nasdaq 100®.
Find the right allocation for SC0X.DE and EQQX.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