SC0Y.DE vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) and S&P 500 Index (^GSPC).

SC0Y.DE is a passively managed fund by Invesco that tracks the performance of the STOXX® Europe 600 Optimised Insurance. It was launched on Jul 8, 2009.

Performance

SC0Y.DE vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

SC0Y.DE vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC0Y.DE Invesco European Insurance Sector UCITS ETF Acc	-2.56%	29.31%	22.30%	12.85%	2.78%	19.96%	-10.11%	29.63%	-7.85%	10.14%
^GSPC S&P 500 Index	-2.47%	2.58%	31.45%	20.51%	-14.45%	36.38%	6.68%	31.79%	-1.84%	4.74%

Different Trading Currencies

SC0Y.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with SC0Y.DE having a -2.56% return and ^GSPC slightly higher at -2.47%. Over the past 10 years, SC0Y.DE has underperformed ^GSPC with an annualized return of 11.28%, while ^GSPC has yielded a comparatively higher 12.07% annualized return.

SC0Y.DE

• 1D: 1.86%
• 1M: -0.82%
• YTD: -2.56%
• 6M: 1.45%
• 1Y: 7.19%
• 3Y*: 19.82%
• 5Y*: 13.79%
• 10Y*: 11.28%

^GSPC

• 1D: 0.61%
• 1M: -3.45%
• YTD: -2.47%
• 6M: -0.63%
• 1Y: 8.91%
• 3Y*: 14.47%
• 5Y*: 10.74%
• 10Y*: 12.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SC0Y.DE vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SC0Y.DE

SC0Y.DE Risk / Return Rank: 23
SC0Y.DE Sharpe Ratio Rank: 23
SC0Y.DE Sortino Ratio Rank: 21
SC0Y.DE Omega Ratio Rank: 22
SC0Y.DE Calmar Ratio Rank: 26
SC0Y.DE Martin Ratio Rank: 25

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SC0Y.DE vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) and S&P 500 Index (^GSPC). 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.

	SC0Y.DE	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.40	0.43	-0.03
Sortino ratio Return per unit of downside risk	0.63	0.73	-0.10
Omega ratio Gain probability vs. loss probability	1.09	1.12	-0.02
Calmar ratio Return relative to maximum drawdown	0.64	0.66	-0.02
Martin ratio Return relative to average drawdown	2.01	2.77	-0.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0Y.DE vs. ^GSPC - Sharpe Ratio Comparison

The current SC0Y.DE Sharpe Ratio is 0.40, which is comparable to the ^GSPC Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of SC0Y.DE and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SC0Y.DE	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.40	0.43	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.64	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.65	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.45	+0.07

Correlation

The correlation between SC0Y.DE and ^GSPC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

SC0Y.DE vs. ^GSPC - Drawdown Comparison

The maximum SC0Y.DE drawdown since its inception was -46.88%, smaller than the maximum ^GSPC drawdown of -53.11%. Use the drawdown chart below to compare losses from any high point for SC0Y.DE and ^GSPC.

Drawdown Indicators

	SC0Y.DE	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-46.88%	-56.78%	+9.90%
Max Drawdown (1Y) Largest decline over 1 year	-12.28%	-12.14%	-0.14%
Max Drawdown (5Y) Largest decline over 5 years	-18.89%	-25.43%	+6.54%
Max Drawdown (10Y) Largest decline over 10 years	-46.88%	-33.92%	-12.96%
Current Drawdown Current decline from peak	-2.56%	-5.78%	+3.22%
Average Drawdown Average peak-to-trough decline	-7.19%	-10.75%	+3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.60%	+0.97%

Volatility

SC0Y.DE vs. ^GSPC - Volatility Comparison

Invesco European Insurance Sector UCITS ETF Acc (SC0Y.DE) has a higher volatility of 5.22% compared to S&P 500 Index (^GSPC) at 4.42%. This indicates that SC0Y.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SC0Y.DE	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	4.42%	+0.80%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	9.93%	+0.67%
Volatility (1Y) Calculated over the trailing 1-year period	17.97%	20.69%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.52%	16.81%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.94%	18.63%	+1.31%