SC0X.DE vs. IEVD.DE
SC0X.DE (Invesco European Technology Sector UCITS ETF) and IEVD.DE (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds - SC0X.DE tracks the STOXX® Europe 600 Optimised Technology while IEVD.DE tracks the STOXX® Global Electric Vehicles & Driving Technology. Both are passively managed. Over the past 5 years, SC0X.DE returned 6.18%/yr vs 13.50%/yr for IEVD.DE. A 0.74 correlation means they provide meaningful diversification when combined. SC0X.DE charges 0.20%/yr vs 0.40%/yr for IEVD.DE.
Performance
SC0X.DE vs. IEVD.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 IEVD.DE's 58.66% 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%
IEVD.DE
- 1D
- -1.86%
- 1M
- 18.11%
- YTD
- 58.66%
- 6M
- 57.41%
- 1Y
- 88.40%
- 3Y*
- 23.68%
- 5Y*
- 13.50%
- 10Y*
- —
SC0X.DE vs. IEVD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SC0X.DE Invesco European Technology Sector UCITS ETF | 16.14% | 4.06% | 5.58% | 31.88% | -27.14% | 23.14% | 20.27% | 16.95% |
IEVD.DE iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.66% | 10.81% | 5.27% | 23.03% | -23.20% | 26.64% | 20.44% | 6.55% |
Correlation
The correlation between SC0X.DE and IEVD.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 | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Feb 27, 2019 | 0.74 |
The correlation between SC0X.DE and IEVD.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. IEVD.DE — Risk / Return Rank
SC0X.DE
IEVD.DE
SC0X.DE vs. IEVD.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 iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.53 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 4.17 | -3.42 |
| Martin ratioReturn relative to average drawdown | 1.99 | 9.74 | -7.75 |
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 | IEVD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 2.71 | -2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.55 | -0.29 |
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 | 0.61 | -0.07 |
Drawdowns
SC0X.DE vs. IEVD.DE - Drawdown Comparison
The maximum SC0X.DE drawdown since its inception was -38.91%, smaller than the maximum IEVD.DE drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for SC0X.DE and IEVD.DE.
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Drawdown Indicators
| SC0X.DE | IEVD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -42.37% | +3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -18.06% | -21.18% | +3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -23.90% | -30.23% | +6.33% |
Max Drawdown (5Y)Largest decline over 5 years | -38.91% | -30.39% | -8.52% |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -1.86% | +1.63% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -10.27% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.88% | 9.09% | -2.21% |
Volatility
SC0X.DE vs. IEVD.DE - Volatility Comparison
The current volatility for Invesco European Technology Sector UCITS ETF (SC0X.DE) is 7.28%, while iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (IEVD.DE) has a volatility of 11.17%. This indicates that SC0X.DE experiences smaller price fluctuations and is considered to be less risky than IEVD.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 | IEVD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 11.17% | -3.89% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 19.50% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.57% | 32.58% | -11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.52% | 24.27% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.65% | 25.27% | -2.62% |
SC0X.DE vs. IEVD.DE - Expense Ratio Comparison
SC0X.DE has a 0.20% expense ratio, which is lower than IEVD.DE's 0.40% expense ratio.
Dividends
SC0X.DE vs. IEVD.DE - Dividend Comparison
Neither SC0X.DE nor IEVD.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0X.DE and IEVD.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 0.40% for IEVD.DE.
SC0X.DE tracks STOXX® Europe 600 Optimised Technology, while IEVD.DE tracks STOXX® Global Electric Vehicles & Driving Technology. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SC0X.DE and 0.40% for IEVD.DE.
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