SC0Z.DE vs. EQQQ.DE
SC0Z.DE (Invesco European Utilities Sector UCITS ETF) and EQQQ.DE (Invesco EQQQ NASDAQ-100 UCITS ETF) are both exchange-traded funds - SC0Z.DE is a Utilities Equities fund tracking the STOXX® Europe 600 Optimised Utilities, while EQQQ.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 10 years, SC0Z.DE returned 9.78%/yr vs 21.28%/yr for EQQQ.DE. At a 0.35 correlation, their price movements are largely independent. SC0Z.DE charges 0.20%/yr vs 0.30%/yr for EQQQ.DE.
Performance
SC0Z.DE vs. EQQQ.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 lower than EQQQ.DE's 20.52% return. Over the past 10 years, SC0Z.DE has underperformed EQQQ.DE with an annualized return of 9.78%, while EQQQ.DE has yielded a comparatively higher 21.28% annualized return.
SC0Z.DE
- 1D
- -0.22%
- 1M
- -3.52%
- YTD
- 12.95%
- 6M
- 14.97%
- 1Y
- 26.53%
- 3Y*
- 15.95%
- 5Y*
- 11.09%
- 10Y*
- 9.78%
EQQQ.DE
- 1D
- -0.85%
- 1M
- 7.99%
- YTD
- 20.52%
- 6M
- 18.72%
- 1Y
- 37.03%
- 3Y*
- 24.54%
- 5Y*
- 18.69%
- 10Y*
- 21.28%
SC0Z.DE vs. EQQQ.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% | 8.10% |
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 20.52% | 6.94% | 33.67% | 51.32% | -30.10% | 39.43% | 34.58% | 42.87% | 3.12% | 15.81% |
Correlation
The correlation between SC0Z.DE and EQQQ.DE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2009 | 0.35 |
Over the past year, the correlation between SC0Z.DE and EQQQ.DE has dropped to 0.08 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
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Return for Risk
SC0Z.DE vs. EQQQ.DE — Risk / Return Rank
SC0Z.DE
EQQQ.DE
SC0Z.DE vs. EQQQ.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 Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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 | EQQQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.42 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.74 | -0.25 |
| Martin ratioReturn relative to average drawdown | 9.42 | 11.10 | -1.68 |
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 | EQQQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 2.40 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.93 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 1.08 | -0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.80 | -0.43 |
Drawdowns
SC0Z.DE vs. EQQQ.DE - Drawdown Comparison
The maximum SC0Z.DE drawdown since its inception was -33.41%, smaller than the maximum EQQQ.DE drawdown of -47.04%. Use the drawdown chart below to compare losses from any high point for SC0Z.DE and EQQQ.DE.
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Drawdown Indicators
| SC0Z.DE | EQQQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.41% | -47.04% | +13.63% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -10.05% | +2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -13.65% | -26.70% | +13.05% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -31.30% | +8.05% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -31.30% | -2.11% |
Current DrawdownCurrent decline from peak | -5.34% | -0.85% | -4.49% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -7.35% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 3.39% | -0.62% |
Volatility
SC0Z.DE vs. EQQQ.DE - Volatility Comparison
Invesco European Utilities Sector UCITS ETF (SC0Z.DE) has a higher volatility of 5.96% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) at 4.26%. This indicates that SC0Z.DE's price experiences larger fluctuations and is considered to be riskier than EQQQ.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 | EQQQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 4.26% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 10.90% | +2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 15.64% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 19.84% | -3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.13% | 19.65% | -2.52% |
SC0Z.DE vs. EQQQ.DE - Expense Ratio Comparison
SC0Z.DE has a 0.20% expense ratio, which is lower than EQQQ.DE's 0.30% expense ratio.
Dividends
SC0Z.DE vs. EQQQ.DE - Dividend Comparison
SC0Z.DE has not paid dividends to shareholders, while EQQQ.DE's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQQQ.DE Invesco EQQQ NASDAQ-100 UCITS ETF | 0.23% | 0.29% | 0.37% | 0.39% | 0.57% | 0.25% | 0.41% | 0.54% | 0.64% | 0.68% | 0.78% | 0.73% |
SC0Z.DE Invesco European Utilities Sector UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SC0Z.DE and EQQQ.DE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0Z.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0Z.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for EQQQ.DE.
SC0Z.DE is categorized as Utilities Equities, while EQQQ.DE is Nasdaq-100. SC0Z.DE tracks STOXX® Europe 600 Optimised Utilities, while EQQQ.DE tracks NASDAQ-100 Index. Their fees differ too: 0.20% for SC0Z.DE and 0.30% for EQQQ.DE.
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