SC0Z.DE vs. 2B7A.DE
SC0Z.DE (Invesco European Utilities Sector UCITS ETF) and 2B7A.DE (iShares S&P 500 Utilities Sector UCITS ETF USD Acc) are both Utilities Equities funds - SC0Z.DE tracks the STOXX® Europe 600 Optimised Utilities while 2B7A.DE tracks the S&P 500 Capped 35/20 Utilities. Both are passively managed. Over the past 5 years, SC0Z.DE returned 11.09%/yr vs 9.44%/yr for 2B7A.DE. At a 0.43 correlation, their price movements are largely independent. SC0Z.DE charges 0.20%/yr vs 0.15%/yr for 2B7A.DE.
Performance
SC0Z.DE vs. 2B7A.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SC0Z.DE achieves a 12.95% return, which is significantly higher than 2B7A.DE's 3.01% return.
SC0Z.DE
- 1D
- -0.22%
- 1M
- -3.25%
- YTD
- 12.95%
- 6M
- 14.19%
- 1Y
- 26.15%
- 3Y*
- 15.95%
- 5Y*
- 11.09%
- 10Y*
- 9.78%
2B7A.DE
- 1D
- -2.24%
- 1M
- -6.12%
- YTD
- 3.01%
- 6M
- 0.28%
- 1Y
- 6.70%
- 3Y*
- 9.59%
- 5Y*
- 9.44%
- 10Y*
- —
SC0Z.DE vs. 2B7A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SC0Z.DE Invesco European Utilities Sector UCITS ETF | 12.95% | 32.73% | 0.20% | 13.45% | -9.07% | 8.96% | 9.52% | 29.64% | 0.81% | 1.96% |
2B7A.DE iShares S&P 500 Utilities Sector UCITS ETF USD Acc | 3.01% | 2.79% | 29.83% | -11.29% | 8.44% | 28.42% | -10.08% | 27.08% | 8.53% | -7.26% |
Correlation
The correlation between SC0Z.DE and 2B7A.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2017 | 0.43 |
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Return for Risk
SC0Z.DE vs. 2B7A.DE — Risk / Return Rank
SC0Z.DE
2B7A.DE
SC0Z.DE vs. 2B7A.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco European Utilities Sector UCITS ETF (SC0Z.DE) and iShares S&P 500 Utilities Sector UCITS ETF USD Acc (2B7A.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.
| SC0Z.DE | 2B7A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.08 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 0.72 | +2.77 |
| Martin ratioReturn relative to average drawdown | 9.42 | 1.49 | +7.92 |
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
| SC0Z.DE | 2B7A.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 0.45 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.55 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.43 | -0.05 |
Drawdowns
SC0Z.DE vs. 2B7A.DE - Drawdown Comparison
The maximum SC0Z.DE drawdown since its inception was -33.41%, smaller than the maximum 2B7A.DE drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for SC0Z.DE and 2B7A.DE.
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Drawdown Indicators
| SC0Z.DE | 2B7A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.41% | -35.70% | +2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -9.22% | +1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -13.65% | -16.84% | +3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -29.81% | +6.56% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | — | — |
Current DrawdownCurrent decline from peak | -5.34% | -8.77% | +3.43% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -10.03% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 4.48% | -1.71% |
Volatility
SC0Z.DE vs. 2B7A.DE - Volatility Comparison
Invesco European Utilities Sector UCITS ETF (SC0Z.DE) has a higher volatility of 5.96% compared to iShares S&P 500 Utilities Sector UCITS ETF USD Acc (2B7A.DE) at 5.01%. This indicates that SC0Z.DE's price experiences larger fluctuations and is considered to be riskier than 2B7A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SC0Z.DE | 2B7A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 5.01% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 12.01% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 14.74% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 17.01% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.13% | 19.65% | -2.52% |
SC0Z.DE vs. 2B7A.DE - Expense Ratio Comparison
SC0Z.DE has a 0.20% expense ratio, which is higher than 2B7A.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
SC0Z.DE vs. 2B7A.DE - Dividend Comparison
Neither SC0Z.DE nor 2B7A.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0Z.DE and 2B7A.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 2B7A.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
2B7A.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for SC0Z.DE.
SC0Z.DE tracks STOXX® Europe 600 Optimised Utilities, while 2B7A.DE tracks S&P 500 Capped 35/20 Utilities. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SC0Z.DE and 0.15% for 2B7A.DE.
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