XSFN.L vs. SC02.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) and Invesco European Financials Sector UCITS ETF (SC02.DE).

XSFN.L and SC02.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSFN.L is a passively managed fund by Xtrackers that tracks the performance of the MSCI World/Financials NR USD. It was launched on Sep 12, 2017. SC02.DE is a passively managed fund by Invesco that tracks the performance of the STOXX® Europe 600 Optimised Financial Services. It was launched on Jul 7, 2009. Both XSFN.L and SC02.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

XSFN.L vs. SC02.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) and Invesco European Financials Sector UCITS ETF (SC02.DE). The values are adjusted to include any dividend payments, if applicable.

XSFN.L vs. SC02.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XSFN.L Xtrackers MSCI USA Financials UCITS ETF 1D	-8.97%	7.83%	34.69%	8.03%	-2.82%	38.02%	-7.44%	29.37%	-6.51%
SC02.DE Invesco European Financials Sector UCITS ETF	-3.68%	15.65%	14.05%	25.06%	-16.39%	15.81%	12.07%	38.92%	-13.86%

Different Trading Currencies

XSFN.L is traded in GBp, while SC02.DE is traded in EUR. To make them comparable, the SC02.DE values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, XSFN.L achieves a -8.97% return, which is significantly lower than SC02.DE's -3.68% return.

XSFN.L

• 1D: 1.03%
• 1M: -2.24%
• YTD: -8.97%
• 6M: -5.97%
• 1Y: -0.71%
• 3Y*: 15.65%
• 5Y*: 10.60%
• 10Y*: —

SC02.DE

• 1D: 2.70%
• 1M: -1.93%
• YTD: -3.68%
• 6M: 0.67%
• 1Y: 4.47%
• 3Y*: 14.87%
• 5Y*: 8.70%
• 10Y*: 11.10%

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

XSFN.L vs. SC02.DE - Expense Ratio Comparison

XSFN.L has a 0.12% expense ratio, which is lower than SC02.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%.

SC02.DE

Invesco European Financials Sector UCITS ETF

XSFN.L

Xtrackers MSCI USA Financials UCITS ETF 1D

Return for Risk

XSFN.L vs. SC02.DE — Risk / Return Rank

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

XSFN.L

XSFN.L Risk / Return Rank: 11
XSFN.L Sharpe Ratio Rank: 11
XSFN.L Sortino Ratio Rank: 10
XSFN.L Omega Ratio Rank: 10
XSFN.L Calmar Ratio Rank: 11
XSFN.L Martin Ratio Rank: 10

SC02.DE

SC02.DE Risk / Return Rank: 11
SC02.DE Sharpe Ratio Rank: 11
SC02.DE Sortino Ratio Rank: 11
SC02.DE Omega Ratio Rank: 11
SC02.DE Calmar Ratio Rank: 12
SC02.DE Martin Ratio Rank: 11

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.

XSFN.L vs. SC02.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) 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.

	XSFN.L	SC02.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.04	0.24	-0.28
Sortino ratio Return per unit of downside risk	0.07	0.46	-0.39
Omega ratio Gain probability vs. loss probability	1.01	1.06	-0.05
Calmar ratio Return relative to maximum drawdown	-0.07	0.40	-0.47
Martin ratio Return relative to average drawdown	-0.21	1.17	-1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSFN.L vs. SC02.DE - Sharpe Ratio Comparison

The current XSFN.L Sharpe Ratio is -0.04, which is lower than the SC02.DE Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of XSFN.L and SC02.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

	XSFN.L	SC02.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.04	0.24	-0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.46	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.55	+0.09

Correlation

The correlation between XSFN.L and SC02.DE is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XSFN.L vs. SC02.DE - Dividend Comparison

XSFN.L's dividend yield for the trailing twelve months is around 1.21%, while SC02.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
XSFN.L Xtrackers MSCI USA Financials UCITS ETF 1D	1.21%	1.14%	1.10%	1.69%	2.57%	1.31%	1.31%	3.49%
SC02.DE Invesco European Financials Sector UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XSFN.L vs. SC02.DE - Drawdown Comparison

The maximum XSFN.L drawdown since its inception was -33.95%, smaller than the maximum SC02.DE drawdown of -36.79%. Use the drawdown chart below to compare losses from any high point for XSFN.L and SC02.DE.

Drawdown Indicators

	XSFN.L	SC02.DE	Difference
Max Drawdown Largest peak-to-trough decline	-33.95%	-42.86%	+8.91%
Max Drawdown (1Y) Largest decline over 1 year	-13.39%	-14.32%	+0.93%
Max Drawdown (5Y) Largest decline over 5 years	-19.67%	-29.68%	+10.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.86%	—
Current Drawdown Current decline from peak	-10.89%	-7.05%	-3.84%
Average Drawdown Average peak-to-trough decline	-6.11%	-8.12%	+2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.71%	4.58%	+0.13%

Volatility

XSFN.L vs. SC02.DE - Volatility Comparison

The current volatility for Xtrackers MSCI USA Financials UCITS ETF 1D (XSFN.L) is 5.01%, while Invesco European Financials Sector UCITS ETF (SC02.DE) has a volatility of 6.94%. This indicates that XSFN.L experiences smaller price fluctuations and is considered to be less risky than SC02.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSFN.L	SC02.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	6.94%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	10.96%	12.39%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	18.07%	18.78%	-0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.23%	18.85%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.03%	19.65%	+4.38%