SC0Z.DE vs. EQQX.DE
SC0Z.DE (Invesco European Utilities Sector UCITS ETF) and EQQX.DE (Invesco Nasdaq-100 Swap UCITS ETF Acc) are both exchange-traded funds - SC0Z.DE is a Utilities Equities fund tracking the STOXX® Europe 600 Optimised Utilities, while EQQX.DE is a Nasdaq-100 fund tracking the Nasdaq 100®. Both are passively managed. Over the past 5 years, SC0Z.DE returned 11.09%/yr vs 19.11%/yr for EQQX.DE. At a 0.19 correlation, their price movements are largely independent. Both charge a 0.20% expense ratio.
Performance
SC0Z.DE vs. EQQX.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 EQQX.DE's 21.61% 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%
EQQX.DE
- 1D
- 0.11%
- 1M
- 10.15%
- YTD
- 21.61%
- 6M
- 20.44%
- 1Y
- 39.08%
- 3Y*
- 25.43%
- 5Y*
- 19.11%
- 10Y*
- —
SC0Z.DE vs. EQQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SC0Z.DE Invesco European Utilities Sector UCITS ETF | 12.95% | 32.73% | 0.20% | 13.45% | -9.07% | 7.83% |
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc | 21.61% | 7.13% | 33.88% | 51.62% | -29.90% | 26.11% |
Correlation
The correlation between SC0Z.DE and EQQX.DE is 0.07, 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 (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.19 |
The correlation between SC0Z.DE and EQQX.DE shifts across timeframes, from 0.04 (3 years) to 0.19 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SC0Z.DE vs. EQQX.DE — Risk / Return Rank
SC0Z.DE
EQQX.DE
SC0Z.DE vs. EQQX.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 Nasdaq-100 Swap UCITS ETF Acc (EQQX.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 | EQQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.44 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.91 | -0.42 |
| Martin ratioReturn relative to average drawdown | 9.42 | 11.64 | -2.23 |
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 | EQQX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 2.49 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.95 | -0.28 |
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 | 0.90 | -0.52 |
Drawdowns
SC0Z.DE vs. EQQX.DE - Drawdown Comparison
The maximum SC0Z.DE drawdown since its inception was -33.41%, which is greater than EQQX.DE's maximum drawdown of -31.17%. Use the drawdown chart below to compare losses from any high point for SC0Z.DE and EQQX.DE.
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Drawdown Indicators
| SC0Z.DE | EQQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.41% | -31.17% | -2.24% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -9.97% | +2.51% |
Max Drawdown (3Y)Largest decline over 3 years | -13.65% | -26.80% | +13.15% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -31.17% | +7.92% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | — | — |
Current DrawdownCurrent decline from peak | -5.34% | 0.00% | -5.34% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -7.99% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 3.36% | -0.59% |
Volatility
SC0Z.DE vs. EQQX.DE - Volatility Comparison
Invesco European Utilities Sector UCITS ETF (SC0Z.DE) has a higher volatility of 5.96% compared to Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) at 4.15%. This indicates that SC0Z.DE's price experiences larger fluctuations and is considered to be riskier than EQQX.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 | EQQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 4.15% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 10.89% | +2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 15.75% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 19.86% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.13% | 19.79% | -2.66% |
SC0Z.DE vs. EQQX.DE - Expense Ratio Comparison
Both SC0Z.DE and EQQX.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SC0Z.DE vs. EQQX.DE - Dividend Comparison
Neither SC0Z.DE nor EQQX.DE has paid dividends to shareholders.
Frequently Asked Questions
SC0Z.DE and EQQX.DE have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SC0Z.DE and EQQX.DE have the same expense ratio: 0.20% per year.
SC0Z.DE is categorized as Utilities Equities, while EQQX.DE is Nasdaq-100. SC0Z.DE tracks STOXX® Europe 600 Optimised Utilities, while EQQX.DE tracks Nasdaq 100®.
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