SC0X.DE vs. FWIA.DE
SC0X.DE (Invesco European Technology Sector UCITS ETF) and FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - SC0X.DE is a Technology Equities fund tracking the STOXX® Europe 600 Optimised Technology, while FWIA.DE is a Global Equities fund tracking the FTSE All-World. Both are passively managed. Over the past year, SC0X.DE returned 13.43% vs 26.39% for FWIA.DE. A 0.73 correlation means they provide meaningful diversification when combined. SC0X.DE charges 0.20%/yr vs 0.15%/yr for FWIA.DE.
Performance
SC0X.DE vs. FWIA.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 higher than FWIA.DE's 12.60% 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%
FWIA.DE
- 1D
- -0.22%
- 1M
- 3.67%
- YTD
- 12.60%
- 6M
- 12.82%
- 1Y
- 26.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SC0X.DE vs. FWIA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SC0X.DE Invesco European Technology Sector UCITS ETF | 16.14% | 4.06% | 5.58% | 7.64% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.73% |
Correlation
The correlation between SC0X.DE and FWIA.DE is 0.74, 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 | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.73 |
The correlation between SC0X.DE and FWIA.DE has been stable across timeframes, ranging from 0.73 to 0.74 - a consistent structural relationship.
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Return for Risk
SC0X.DE vs. FWIA.DE — Risk / Return Rank
SC0X.DE
FWIA.DE
SC0X.DE vs. FWIA.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 FTSE All-World UCITS ETF Acc (FWIA.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 | FWIA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.72 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.44 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 4.08 | -3.32 |
| Martin ratioReturn relative to average drawdown | 1.99 | 16.52 | -14.53 |
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 | FWIA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 2.36 | -1.72 |
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 | 1.40 | -0.87 |
Drawdowns
SC0X.DE vs. FWIA.DE - Drawdown Comparison
The maximum SC0X.DE drawdown since its inception was -38.91%, which is greater than FWIA.DE's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for SC0X.DE and FWIA.DE.
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Drawdown Indicators
| SC0X.DE | FWIA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -20.96% | -17.95% |
Max Drawdown (1Y)Largest decline over 1 year | -18.06% | -6.49% | -11.57% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | — | — |
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% | -0.62% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -2.44% | -6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.88% | 1.60% | +5.28% |
Volatility
SC0X.DE vs. FWIA.DE - Volatility Comparison
Invesco European Technology Sector UCITS ETF (SC0X.DE) has a higher volatility of 7.28% compared to Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) at 2.96%. This indicates that SC0X.DE's price experiences larger fluctuations and is considered to be riskier than FWIA.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 | FWIA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 2.96% | +4.32% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 8.09% | +9.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.57% | 11.22% | +10.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.52% | 13.18% | +10.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 13.18% | +9.47% |
SC0X.DE vs. FWIA.DE - Expense Ratio Comparison
SC0X.DE has a 0.20% expense ratio, which is higher than FWIA.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
SC0X.DE vs. FWIA.DE - Dividend Comparison
Neither SC0X.DE nor FWIA.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0X.DE and FWIA.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for SC0X.DE.
SC0X.DE is categorized as Technology Equities, while FWIA.DE is Global Equities. SC0X.DE tracks STOXX® Europe 600 Optimised Technology, while FWIA.DE tracks FTSE All-World. Their fees differ too: 0.20% for SC0X.DE and 0.15% for FWIA.DE.
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