SC0X.DE vs. ES6Y.DE
SC0X.DE (Invesco European Technology Sector UCITS ETF) and ES6Y.DE (L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating) are both Technology Equities funds - SC0X.DE tracks the STOXX® Europe 600 Optimised Technology while ES6Y.DE tracks the Solactive Emerging Cyber Security. Both are passively managed. Over the past 3 years, SC0X.DE returned 11.26%/yr vs 33.66%/yr for ES6Y.DE. A 0.68 correlation means they provide meaningful diversification when combined. SC0X.DE charges 0.20%/yr vs 0.49%/yr for ES6Y.DE.
Performance
SC0X.DE vs. ES6Y.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 ES6Y.DE's 59.99% 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%
ES6Y.DE
- 1D
- -0.82%
- 1M
- 24.88%
- YTD
- 59.99%
- 6M
- 53.39%
- 1Y
- 55.75%
- 3Y*
- 33.66%
- 5Y*
- —
- 10Y*
- —
SC0X.DE vs. ES6Y.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SC0X.DE Invesco European Technology Sector UCITS ETF | 16.14% | 4.06% | 5.58% | 31.88% | 2.69% |
ES6Y.DE L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating | 59.99% | -9.21% | 34.05% | 51.62% | -18.28% |
Correlation
The correlation between SC0X.DE and ES6Y.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.68 |
The correlation between SC0X.DE and ES6Y.DE has been stable across timeframes, ranging from 0.61 to 0.68 - 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. ES6Y.DE — Risk / Return Rank
SC0X.DE
ES6Y.DE
SC0X.DE vs. ES6Y.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 L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.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 | ES6Y.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.36 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 3.77 | -3.01 |
| Martin ratioReturn relative to average drawdown | 1.99 | 9.25 | -7.25 |
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 | ES6Y.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 2.18 | -1.54 |
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 | 0.99 | -0.46 |
Drawdowns
SC0X.DE vs. ES6Y.DE - Drawdown Comparison
The maximum SC0X.DE drawdown since its inception was -38.91%, which is greater than ES6Y.DE's maximum drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for SC0X.DE and ES6Y.DE.
Loading charts...
Drawdown Indicators
| SC0X.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -34.72% | -4.19% |
Max Drawdown (1Y)Largest decline over 1 year | -18.06% | -15.05% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | -34.72% | +10.82% |
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% | -1.36% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -9.52% | +0.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.88% | 6.15% | +0.73% |
Volatility
SC0X.DE vs. ES6Y.DE - Volatility Comparison
The current volatility for Invesco European Technology Sector UCITS ETF (SC0X.DE) is 7.28%, while L&G Emerging Cyber Security ESG Exclusions UCITS ETF USD Accumulating (ES6Y.DE) has a volatility of 10.01%. This indicates that SC0X.DE experiences smaller price fluctuations and is considered to be less risky than ES6Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0X.DE | ES6Y.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 10.01% | -2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 20.66% | -2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.57% | 26.06% | -4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.52% | 26.64% | -3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 26.64% | -3.99% |
SC0X.DE vs. ES6Y.DE - Expense Ratio Comparison
SC0X.DE has a 0.20% expense ratio, which is lower than ES6Y.DE's 0.49% expense ratio.
Dividends
SC0X.DE vs. ES6Y.DE - Dividend Comparison
Neither SC0X.DE nor ES6Y.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0X.DE and ES6Y.DE have a correlation of 0.61, 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 0.49% for ES6Y.DE.
SC0X.DE tracks STOXX® Europe 600 Optimised Technology, while ES6Y.DE tracks Solactive Emerging Cyber Security. They also come from different issuers: Invesco and Legal & General. Their fees differ too: 0.20% for SC0X.DE and 0.49% for ES6Y.DE.
Find the right allocation for SC0X.DE and ES6Y.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