WDEE.DE vs. SC0V.DE
WDEE.DE (Invesco S&P World Energy ESG UCITS ETF Acc) and SC0V.DE (Invesco European Oil & Gas Sector UCITS ETF) are both Energy Equities funds from Invesco - WDEE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy while SC0V.DE tracks the STOXX® Europe 600 Optimised Oil & Gas. Both are passively managed. Over the past 3 years, WDEE.DE returned 16.13%/yr vs 21.14%/yr for SC0V.DE. A 0.77 correlation means they provide meaningful diversification when combined. WDEE.DE charges 0.18%/yr vs 0.20%/yr for SC0V.DE.
Performance
WDEE.DE vs. SC0V.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with WDEE.DE having a 33.31% return and SC0V.DE slightly higher at 34.01%.
WDEE.DE
- 1D
- 2.19%
- 1M
- -0.24%
- YTD
- 33.31%
- 6M
- 28.72%
- 1Y
- 38.58%
- 3Y*
- 16.13%
- 5Y*
- —
- 10Y*
- —
SC0V.DE
- 1D
- -0.63%
- 1M
- -5.05%
- YTD
- 34.01%
- 6M
- 31.68%
- 1Y
- 58.57%
- 3Y*
- 21.14%
- 5Y*
- 19.52%
- 10Y*
- 11.36%
WDEE.DE vs. SC0V.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WDEE.DE Invesco S&P World Energy ESG UCITS ETF Acc | 33.31% | -2.96% | 9.29% | 6.37% |
SC0V.DE Invesco European Oil & Gas Sector UCITS ETF | 34.01% | 29.15% | -5.65% | 3.15% |
Correlation
The correlation between WDEE.DE and SC0V.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.77 |
The correlation between WDEE.DE and SC0V.DE has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.
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Return for Risk
WDEE.DE vs. SC0V.DE — Risk / Return Rank
WDEE.DE
SC0V.DE
WDEE.DE vs. SC0V.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) and Invesco European Oil & Gas Sector UCITS ETF (SC0V.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.
| WDEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.54 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 7.93 | -4.99 |
| Martin ratioReturn relative to average drawdown | 9.51 | 28.20 | -18.70 |
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
| WDEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 3.19 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.89 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.34 | +0.35 |
Drawdowns
WDEE.DE vs. SC0V.DE - Drawdown Comparison
The maximum WDEE.DE drawdown since its inception was -23.77%, smaller than the maximum SC0V.DE drawdown of -57.15%. Use the drawdown chart below to compare losses from any high point for WDEE.DE and SC0V.DE.
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Drawdown Indicators
| WDEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.77% | -57.15% | +33.38% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -7.35% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -23.77% | -22.22% | -1.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.22% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.15% | — |
Current DrawdownCurrent decline from peak | -4.37% | -5.05% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -10.52% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 2.07% | +1.78% |
Volatility
WDEE.DE vs. SC0V.DE - Volatility Comparison
Invesco S&P World Energy ESG UCITS ETF Acc (WDEE.DE) has a higher volatility of 7.54% compared to Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) at 6.07%. This indicates that WDEE.DE's price experiences larger fluctuations and is considered to be riskier than SC0V.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDEE.DE | SC0V.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 6.07% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 17.53% | 14.92% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.89% | 18.28% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.94% | 21.74% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.94% | 23.93% | -3.99% |
WDEE.DE vs. SC0V.DE - Expense Ratio Comparison
WDEE.DE has a 0.18% expense ratio, which is lower than SC0V.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
WDEE.DE vs. SC0V.DE - Dividend Comparison
Neither WDEE.DE nor SC0V.DE has paid dividends to shareholders.
Frequently Asked Questions
WDEE.DE and SC0V.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDEE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDEE.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for SC0V.DE.
WDEE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Energy, while SC0V.DE tracks STOXX® Europe 600 Optimised Oil & Gas. Their fees differ too: 0.18% for WDEE.DE and 0.20% for SC0V.DE.
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