SC0Z.DE vs. EXH9.DE
SC0Z.DE (Invesco European Utilities Sector UCITS ETF) and EXH9.DE (iShares STOXX Europe 600 Utilities UCITS ETF (DE)) are both Utilities Equities funds - SC0Z.DE tracks the STOXX® Europe 600 Optimised Utilities while EXH9.DE tracks the STOXX® Europe 600 Utilities. Both are passively managed. Over the past 10 years, SC0Z.DE returned 9.78%/yr vs 10.74%/yr for EXH9.DE. Their correlation of 0.95 suggests significant overlap in exposure. SC0Z.DE charges 0.20%/yr vs 0.47%/yr for EXH9.DE.
Performance
SC0Z.DE vs. EXH9.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SC0Z.DE having a 12.95% return and EXH9.DE slightly lower at 12.41%. Over the past 10 years, SC0Z.DE has underperformed EXH9.DE with an annualized return of 9.78%, while EXH9.DE has yielded a comparatively higher 10.74% annualized 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%
EXH9.DE
- 1D
- -0.18%
- 1M
- -3.20%
- YTD
- 12.41%
- 6M
- 13.56%
- 1Y
- 25.76%
- 3Y*
- 16.47%
- 5Y*
- 11.76%
- 10Y*
- 10.74%
SC0Z.DE vs. EXH9.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% |
EXH9.DE iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 12.41% | 33.92% | 1.25% | 13.58% | -7.50% | 8.84% | 10.88% | 31.91% | 1.47% | 9.93% |
Correlation
The correlation between SC0Z.DE and EXH9.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2009 | 0.95 |
The correlation between SC0Z.DE and EXH9.DE has been stable across timeframes, ranging from 0.95 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SC0Z.DE vs. EXH9.DE — Risk / Return Rank
SC0Z.DE
EXH9.DE
SC0Z.DE vs. EXH9.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 STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.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 | EXH9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.32 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.49 | 3.44 | +0.05 |
| Martin ratioReturn relative to average drawdown | 9.42 | 9.54 | -0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SC0Z.DE | EXH9.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 1.74 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.73 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.63 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.42 | -0.04 |
Drawdowns
SC0Z.DE vs. EXH9.DE - Drawdown Comparison
The maximum SC0Z.DE drawdown since its inception was -33.41%, smaller than the maximum EXH9.DE drawdown of -51.33%. Use the drawdown chart below to compare losses from any high point for SC0Z.DE and EXH9.DE.
Loading charts...
Drawdown Indicators
| SC0Z.DE | EXH9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.41% | -51.33% | +17.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -7.45% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -13.65% | -13.67% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -22.71% | -0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -33.21% | -0.20% |
Current DrawdownCurrent decline from peak | -5.34% | -5.32% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -16.67% | +8.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.69% | +0.08% |
Volatility
SC0Z.DE vs. EXH9.DE - Volatility Comparison
Invesco European Utilities Sector UCITS ETF (SC0Z.DE) and iShares STOXX Europe 600 Utilities UCITS ETF (DE) (EXH9.DE) have volatilities of 5.96% and 5.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SC0Z.DE | EXH9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 5.89% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 12.89% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.87% | 14.75% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.23% | 16.00% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.13% | 17.03% | +0.10% |
SC0Z.DE vs. EXH9.DE - Expense Ratio Comparison
SC0Z.DE has a 0.20% expense ratio, which is lower than EXH9.DE's 0.47% expense ratio.
Dividends
SC0Z.DE vs. EXH9.DE - Dividend Comparison
SC0Z.DE has not paid dividends to shareholders, while EXH9.DE's dividend yield for the trailing twelve months is around 2.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXH9.DE iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 2.61% | 2.96% | 3.27% | 3.47% | 3.33% | 3.11% | 2.36% | 3.41% | 3.31% | 6.56% | 4.89% | 4.62% |
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
With a correlation of 0.99, SC0Z.DE and EXH9.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.47% for EXH9.DE.
SC0Z.DE tracks STOXX® Europe 600 Optimised Utilities, while EXH9.DE tracks STOXX® Europe 600 Utilities. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for SC0Z.DE and 0.47% for EXH9.DE.
Find the right allocation for SC0Z.DE and EXH9.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer