SOF.BR vs. SC02.DE

Last updated Jun 13, 2026

SOF.BR (Sofina Société Anonyme) is a stock, while SC02.DE (Invesco European Financials Sector UCITS ETF) is Financials Equities fund tracking the STOXX® Europe 600 Optimised Financial Services. Over the past 10 years, SOF.BR returned 8.03%/yr vs 11.61%/yr for SC02.DE. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

SOF.BR vs. SC02.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Sofina Société Anonyme (SOF.BR) and Invesco European Financials Sector UCITS ETF (SC02.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOF.BR achieves a -11.22% return, which is significantly lower than SC02.DE's 2.98% return. Over the past 10 years, SOF.BR has underperformed SC02.DE with an annualized return of 8.03%, while SC02.DE has yielded a comparatively higher 11.61% annualized return.

SOF.BR

• 1D: 2.26%
• 1M: 0.78%
• YTD: -11.22%
• 6M: -7.94%
• 1Y: -13.53%
• 3Y*: 3.50%
• 5Y*: -8.43%
• 10Y*: 8.03%

SC02.DE

• 1D: 2.65%
• 1M: 3.10%
• YTD: 2.98%
• 6M: 8.93%
• 1Y: 8.49%
• 3Y*: 16.02%
• 5Y*: 8.46%
• 10Y*: 11.61%

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

SOF.BR vs. SC02.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SOF.BR Sofina Société Anonyme	-11.22%	14.69%	-1.65%	11.37%	-51.86%	57.47%	45.71%	17.99%	28.74%	6.68%
SC02.DE Invesco European Financials Sector UCITS ETF	2.98%	9.93%	19.25%	27.60%	-20.74%	24.60%	6.09%	46.54%	-14.49%	18.89%

Correlation

The correlation between SOF.BR and SC02.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jul 7, 2009	0.58

The correlation between SOF.BR and SC02.DE has been stable across timeframes, ranging from 0.56 to 0.62 - a consistent structural relationship.

Return for Risk

SOF.BR vs. SC02.DE — Risk / Return Rank

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

SOF.BR

SOF.BR Risk / Return Rank: 17
SOF.BR Sharpe Ratio Rank: 13
SOF.BR Sortino Ratio Rank: 15
SOF.BR Omega Ratio Rank: 15
SOF.BR Calmar Ratio Rank: 21
SOF.BR Martin Ratio Rank: 20

SC02.DE

SC02.DE Risk / Return Rank: 16
SC02.DE Sharpe Ratio Rank: 17
SC02.DE Sortino Ratio Rank: 16
SC02.DE Omega Ratio Rank: 15
SC02.DE Calmar Ratio Rank: 17
SC02.DE Martin Ratio Rank: 17

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.

SOF.BR vs. SC02.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sofina Société Anonyme (SOF.BR) and Invesco European Financials Sector UCITS ETF (SC02.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SOF.BR	SC02.DE	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	0.43	-1.12
Sortino ratio: Return per unit of downside risk	-0.85	0.71	-1.56
Omega ratio: Gain probability vs. loss probability	0.90	1.08	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.61	0.57	-1.18
Martin ratio: Return relative to average drawdown	-1.08	1.59	-2.67

SOF.BR vs. SC02.DE - Sharpe Ratio Comparison

The current SOF.BR Sharpe Ratio is -0.69, which is lower than the SC02.DE Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of SOF.BR and SC02.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOF.BR vs. SC02.DE - Drawdown Comparison

The maximum SOF.BR drawdown since its inception was -59.53%, which is greater than SC02.DE's maximum drawdown of -42.86%. Use the drawdown chart below to compare losses from any high point for SOF.BR and SC02.DE.

Drawdown Indicators

	SOF.BR	SC02.DE	Difference
Max Drawdown Largest peak-to-trough decline	-59.53%	-42.86%	-16.67%
Max Drawdown (1Y) Largest decline over 1 year	-26.62%	-12.17%	-14.45%
Max Drawdown (3Y) Largest decline over 3 years	-26.62%	-19.17%	-7.45%
Max Drawdown (5Y) Largest decline over 5 years	-59.53%	-29.68%	-29.85%
Max Drawdown (10Y) Largest decline over 10 years	-59.53%	-42.86%	-16.67%
Current Drawdown Current decline from peak	-46.64%	-2.17%	-44.47%
Average Drawdown Average peak-to-trough decline	-19.13%	-7.99%	-11.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.02%	4.37%	+10.65%

Volatility

SOF.BR vs. SC02.DE - Volatility Comparison

Sofina Société Anonyme (SOF.BR) has a higher volatility of 6.23% compared to Invesco European Financials Sector UCITS ETF (SC02.DE) at 5.46%. This indicates that SOF.BR's price experiences larger fluctuations and is considered to be riskier than SC02.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOF.BR	SC02.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	5.46%	+0.77%
Volatility (6M) Calculated over the trailing 6-month period	16.85%	12.84%	+4.01%
Volatility (1Y) Calculated over the trailing 1-year period	23.40%	16.07%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.53%	19.10%	+9.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.81%	20.61%	+4.20%

Dividends

SOF.BR vs. SC02.DE - Dividend Comparison

SOF.BR's dividend yield for the trailing twelve months is around 1.18%, while SC02.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SC02.DE Invesco European Financials 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%
SOF.BR Sofina Société Anonyme	1.18%	1.41%	1.53%	1.44%	1.52%	0.70%	1.05%	1.45%	1.61%	1.95%	1.96%	2.21%

Frequently Asked Questions

Can I hold both SOF.BR and SC02.DE in my portfolio?

SOF.BR and SC02.DE have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.