Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF (EL4W.DE)

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Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF (EL4W.DE) is up 0.9% since the beginning of the year. EL4W.DE is currently trading at €69 per share. Investors who bought €1,000 worth of EL4W.DE shares 5 years ago would now be looking at an investment worth €1,075.

Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF (EL4W.DE) has returned 0.92% so far this year and 1.69% over the past 12 months. Over the last ten years, EL4W.DE has returned 0.24% per year, falling short of the S&P 500 Index benchmark, which averaged 12.92% annually.

Based on dividend-adjusted daily data since Mar 16, 2009, EL4W.DE's average daily return is 0.00%, while the average monthly return is +0.01%. At this rate, an investment would double in approximately 577.7 years.

Historically, 42% of months were positive and 58% were negative. The best month was Dec 2023 with a return of +0.4%, while the worst month was Jan 2013 at -1.3%. The longest winning streak lasted 43 consecutive months, and the longest losing streak was 35 months.

On a daily basis, EL4W.DE closed higher 26% of trading days. The best single day was Mar 12, 2020 with a return of +1.5%, while the worst single day was Mar 13, 2020 at -1.5%.

Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF has an annualized alpha of 0.18%, beta of -0.01, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 16, 2009.

• This ETF captured 0.22% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -0.21%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.01 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EL4W.DE has an expense ratio of 0.12%, which is considered low.

EL4W.DE ranks 97 for risk / return — in the top 97% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF provided a 2.08% dividend yield over the last twelve months, with an annual payout of €1.43 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Deka Deutsche Börse EUROGOV Germany Money Market UCITS ETF was 8.19%, occurring on Nov 25, 2022. Recovery took 882 trading sessions.

The chart below shows the rolling one-month volatility.