SC0Z.DE vs. LUTL.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco European Utilities Sector UCITS ETF (SC0Z.DE) and Lyxor STOXX Europe 600 Utilities UCITS ETF Dist (LUTL.DE).

SC0Z.DE and LUTL.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SC0Z.DE is a passively managed fund by Invesco that tracks the performance of the STOXX® Europe 600 Optimised Utilities. It was launched on Jul 8, 2009. LUTL.DE is a passively managed fund by Amundi that tracks the performance of the STOXX® Europe 600 Utilities. It was launched on Jul 2, 2020. Both SC0Z.DE and LUTL.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SC0Z.DE vs. LUTL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco European Utilities Sector UCITS ETF (SC0Z.DE) and Lyxor STOXX Europe 600 Utilities UCITS ETF Dist (LUTL.DE). The values are adjusted to include any dividend payments, if applicable.

SC0Z.DE vs. LUTL.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SC0Z.DE Invesco European Utilities Sector UCITS ETF	16.16%	32.73%	0.20%	13.45%	-9.07%	8.96%	9.52%	29.64%	0.81%	8.10%
LUTL.DE Lyxor STOXX Europe 600 Utilities UCITS ETF Dist	15.69%	28.54%	1.46%	9.30%	-7.79%	8.97%	11.03%	31.22%	1.42%	9.63%

Returns By Period

The year-to-date returns for both stocks are quite close, with SC0Z.DE having a 16.16% return and LUTL.DE slightly lower at 15.69%. Both investments have delivered pretty close results over the past 10 years, with SC0Z.DE having a 10.55% annualized return and LUTL.DE not far behind at 10.53%.

SC0Z.DE

• 1D: 2.06%
• 1M: -0.76%
• YTD: 16.16%
• 6M: 27.26%
• 1Y: 38.88%
• 3Y*: 17.79%
• 5Y*: 11.65%
• 10Y*: 10.55%

LUTL.DE

• 1D: 2.06%
• 1M: -0.56%
• YTD: 15.69%
• 6M: 21.62%
• 1Y: 33.80%
• 3Y*: 15.44%
• 5Y*: 10.68%
• 10Y*: 10.53%

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

SC0Z.DE vs. LUTL.DE - Expense Ratio Comparison

SC0Z.DE has a 0.20% expense ratio, which is lower than LUTL.DE's 0.30% expense ratio.

LUTL.DE

Lyxor STOXX Europe 600 Utilities UCITS ETF Dist

SC0Z.DE

Invesco European Utilities Sector UCITS ETF

Return for Risk

SC0Z.DE vs. LUTL.DE — Risk / Return Rank

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

SC0Z.DE

SC0Z.DE Risk / Return Rank: 93
SC0Z.DE Sharpe Ratio Rank: 94
SC0Z.DE Sortino Ratio Rank: 93
SC0Z.DE Omega Ratio Rank: 94
SC0Z.DE Calmar Ratio Rank: 93
SC0Z.DE Martin Ratio Rank: 92

LUTL.DE

LUTL.DE Risk / Return Rank: 88
LUTL.DE Sharpe Ratio Rank: 89
LUTL.DE Sortino Ratio Rank: 87
LUTL.DE Omega Ratio Rank: 87
LUTL.DE Calmar Ratio Rank: 90
LUTL.DE Martin Ratio Rank: 87

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.

SC0Z.DE vs. LUTL.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 Lyxor STOXX Europe 600 Utilities UCITS ETF Dist (LUTL.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	LUTL.DE	Difference
Sharpe ratio Return per unit of total volatility	2.38	2.00	+0.38
Sortino ratio Return per unit of downside risk	2.92	2.47	+0.45
Omega ratio Gain probability vs. loss probability	1.45	1.37	+0.07
Calmar ratio Return relative to maximum drawdown	3.83	3.38	+0.45
Martin ratio Return relative to average drawdown	14.11	11.82	+2.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SC0Z.DE vs. LUTL.DE - Sharpe Ratio Comparison

The current SC0Z.DE Sharpe Ratio is 2.38, which is comparable to the LUTL.DE Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of SC0Z.DE and LUTL.DE, 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

	SC0Z.DE	LUTL.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	2.00	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.65	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.62	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.30	+0.09

Correlation

The correlation between SC0Z.DE and LUTL.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SC0Z.DE vs. LUTL.DE - Dividend Comparison

Neither SC0Z.DE nor LUTL.DE has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
LUTL.DE Lyxor STOXX Europe 600 Utilities UCITS ETF Dist	0.00%	0.00%	5.40%	0.00%	4.30%	3.61%	3.16%	3.63%	4.15%	0.52%

Drawdowns

SC0Z.DE vs. LUTL.DE - Drawdown Comparison

The maximum SC0Z.DE drawdown since its inception was -33.41%, smaller than the maximum LUTL.DE drawdown of -36.55%. Use the drawdown chart below to compare losses from any high point for SC0Z.DE and LUTL.DE.

Drawdown Indicators

	SC0Z.DE	LUTL.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.41%	-36.55%	+3.14%
Max Drawdown (1Y) Largest decline over 1 year	-10.01%	-9.82%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-23.25%	-22.70%	-0.55%
Max Drawdown (10Y) Largest decline over 10 years	-33.41%	-33.03%	-0.38%
Current Drawdown Current decline from peak	-1.64%	-1.41%	-0.23%
Average Drawdown Average peak-to-trough decline	-8.33%	-9.84%	+1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	2.81%	-0.09%

Volatility

SC0Z.DE vs. LUTL.DE - Volatility Comparison

Invesco European Utilities Sector UCITS ETF (SC0Z.DE) and Lyxor STOXX Europe 600 Utilities UCITS ETF Dist (LUTL.DE) have volatilities of 7.05% and 6.96%, 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.

Volatility by Period

	SC0Z.DE	LUTL.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	6.96%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	11.01%	11.91%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.30%	16.85%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	16.16%	-0.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.06%	17.11%	-0.05%