PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Deka MDAX UCITS ETF (ELF1.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

ELF1.DE is a passive ETF by Deka tracking the investment results of the MDAX®. ELF1.DE launched on Apr 11, 2014 and has a 0.30% expense ratio.

Deka MDAX UCITS ETF (ELF1.DE) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ELF1.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to ELF1.DE

ELF1.DE charges 0.30% annually. There are 163 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.04%.

SymbolNameExpense RatioAUMInception
LCUK.DE
Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist0.04%—Feb 2018ELF1.DE vs LCUK.DE
PRAE.DE
Amundi Prime Europe UCITS ETF0.05%—Jan 2020ELF1.DE vs PRAE.DE
H4ZA.DE
HSBC EURO STOXX 50 UCITS ETF EUR0.05%—Oct 2009ELF1.DE vs H4ZA.DE
PRAZ.DE
Amundi Prime Eurozone UCITS ETF0.05%—Jan 2020ELF1.DE vs PRAZ.DE
PR1E.DE
Amundi Prime Europe UCITS ETF DR (D)0.05%—Jan 2019ELF1.DE vs PR1E.DE

Best Risk-Adjusted Alternatives to ELF1.DE

ELF1.DE has a PortfoliosLab risk / return rank of 13. There are 215 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 84.

SymbolNameRisk / Return RankAUMInception
SELD.DE
Lyxor STOXX Europe Select Dividend 30 UCITS ETF Di...
84
—Oct 2006ELF1.DE vs SELD.DE
EXSH.DE
iShares STOXX Europe Select Dividend 30 UCITS ETF ...
83
—May 2005ELF1.DE vs EXSH.DE
WTEE.DE
WisdomTree Europe Equity Income UCITS ETF
74
—Oct 2014ELF1.DE vs WTEE.DE
CEMS.DE
iShares Edge MSCI Europe Value Factor UCITS ETF
71
—Jan 2015ELF1.DE vs CEMS.DE
D5BL.DE
Xtrackers MSCI Europe Value UCITS ETF
70
—Mar 2010ELF1.DE vs D5BL.DE

Top Performing ELF1.DE Alternatives (YTD)

ELF1.DE is at 6.68% YTD. There are 149 ETFs in the Europe Equities category with higher YTD returns, going as high as 16.87%.

SymbolNameYTD ReturnAUMInception
AMED.DE
Amundi MSCI EMU ESG Leaders Select UCITS ETF DR EU...
16.87%
—Feb 2018ELF1.DE vs AMED.DE
IBCJ.DE
iShares MSCI Poland UCITS ETF USD (Acc)
16.30%
—Jan 2011ELF1.DE vs IBCJ.DE
EXS2.DE
iShares TecDAX UCITS ETF (DE)
15.70%
—Apr 2001ELF1.DE vs EXS2.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
15.44%
—Dec 2014ELF1.DE vs EUPE.DE
DBXI.DE
Xtrackers FTSE MIB UCITS ETF
14.49%
—Jan 2007ELF1.DE vs DBXI.DE

Lowest Volatility Alternatives to ELF1.DE

ELF1.DE has 18.70% 1-year volatility. There are 228 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 6.11%.

SymbolNameVolatility 1YAUMInception
CEMT.DE
iShares Edge MSCI Europe Size Factor UCITS ETF6.11%—Jan 2015ELF1.DE vs CEMT.DE
FLXD.DE
Franklin European Quality Dividend UCITS ETF8.70%—Sep 2017ELF1.DE vs FLXD.DE
MIVA.DE
Amundi MSCI Europe Minimum Volatility Factor UCITS...8.76%—Apr 2018ELF1.DE vs MIVA.DE
EUN0.DE
iShares Edge MSCI Europe Minimum Volatility UCITS ...8.77%—Nov 2012ELF1.DE vs EUN0.DE
ZPRL.DE
SPDR EURO STOXX Low Volatility UCITS ETF9.22%—Mar 2014ELF1.DE vs ZPRL.DE

Lowest Drawdown Alternatives to ELF1.DE

ELF1.DE has a 1-year max drawdown of -14.46%. There are 229 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -4.02%.

SymbolNameMax Drawdown 1YAUMInception
FLXD.DE
Franklin European Quality Dividend UCITS ETF
-4.02%
—Sep 2017ELF1.DE vs FLXD.DE
CEMT.DE
iShares Edge MSCI Europe Size Factor UCITS ETF
-4.26%
—Jan 2015ELF1.DE vs CEMT.DE
EUPE.DE
Ossiam Shiller Barclays CAPE® Europe Sector Value ...
-5.82%
—Dec 2014ELF1.DE vs EUPE.DE
18M2.DE
Amundi ETF MSCI EMU High Dividend UCITS ETF EUR
-6.19%
—Mar 2009ELF1.DE vs 18M2.DE
EHF1.DE
Amundi MSCI Europe High Dividend Factor UCITS ETF ...
-6.24%
—Jan 2018ELF1.DE vs EHF1.DE

Other ETFs from Deka

The 10 most viewed Deka ETFs shown here include ELFC.DE, EL4G.DE, ELFB.DE and span 4 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
ELFC.DE
Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETFEurope Equities
55
12.62%
—Sep 2015ELF1.DE vs ELFC.DE
EL4G.DE
Deka EURO STOXX Select Dividend 30 UCITS ETFEurope Equities
53
7.82%
—Jun 2008ELF1.DE vs EL4G.DE
ELFB.DE
Deka Oekom Euro Nachhaltigkeit UCITS ETFEurope Equities
39
9.36%
—Aug 2015ELF1.DE vs ELFB.DE
EL42.DE
Deka MSCI Europe UCITS ETFEurope Equities
36
7.59%
—Jun 2009ELF1.DE vs EL42.DE
ELFW.DE
Deka MSCI World UCITS ETF DistGlobal Equities
68
10.68%
—Sep 2018ELF1.DE vs ELFW.DE
EL4F.DE
Deka DAX (ausschüttend) UCITS ETFEurope Equities
11
1.34%
—Jun 2008ELF1.DE vs EL4F.DE
EL4A.DE
Deka DAX UCITS ETFEurope Equities
11
1.28%
—Mar 2008ELF1.DE vs EL4A.DE
D6RP.DE
Deka MSCI World Climate Change ESG UCITS ETFGlobal Equities
58
11.26%
—Jun 2020ELF1.DE vs D6RP.DE
EL4S.DE
Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETFEuropean Government Bonds
17
0.11%
—Mar 2009ELF1.DE vs EL4S.DE
D6RD.DE
Deka Future Energy ESG UCITS ETFEnergy Equities
94
48.10%
—Jul 2022ELF1.DE vs D6RD.DE

Often Compared With ELF1.DE

Investors most often compare ELF1.DE with ^GDAXI, AMES.DE, ELFF.DE. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
^GDAXI
DAX Performance Index
20
1.86%
——ELF1.DE vs ^GDAXI
AMES.DE
Amundi ETF MSCI Spain UCITS ETF EUREurope Equities
64
7.00%
—Mar 2018ELF1.DE vs AMES.DE
ELFF.DE
Deka Euro Corporates 0-3 Liquid UCITS ETF European Corporate Bonds
23
0.40%
—Aug 2019ELF1.DE vs ELFF.DE
EL43.DE
Deka MSCI Europe MC UCITS ETFEurope Equities
38
7.83%
—Jun 2009ELF1.DE vs EL43.DE
IS3H.DE
iShares MSCI EMU Mid Cap UCITS ETFEurope Equities
43
9.28%
—Sep 2013ELF1.DE vs IS3H.DE
D6RQ.DE
Deka MSCI USA Climate Change ESG UCITS ETFLarge Cap Blend Equities
61
14.41%
—Jun 2020ELF1.DE vs D6RQ.DE
EL49.DE
Deka iBoxx EUR Liquid Corporates Diversified UCITS...European Corporate Bonds
15
0.49%
—Feb 2010ELF1.DE vs EL49.DE
EL4X.DE
Deka DAXplus Maximum Dividend UCITS ETFEurope Equities
16
6.17%
—Apr 2009ELF1.DE vs EL4X.DE
B41J.DE
Global X European Infrastructure Development UCITS...Europe Equities
20
7.25%
—Sep 2024ELF1.DE vs B41J.DE
XESD.DE
Xtrackers Spanish Equity UCITS ETFEurope Equities
65
7.26%
—Dec 2013ELF1.DE vs XESD.DE
EUPA.DE
Ossiam Shiller Barclays CAPE® Global Sector Value...Europe Equities
45
8.36%
—Dec 2022ELF1.DE vs EUPA.DE
PR1Z.DE
Amundi Prime Eurozone UCITS ETF DR (D)Europe Equities
39
9.20%
—Jan 2019ELF1.DE vs PR1Z.DE
XESP.DE
Xtrackers Spanish Equity UCITS ETFEurope Equities
66
7.33%
—Apr 2011ELF1.DE vs XESP.DE
ASWA.DE
HANetf European Green Deal UCITS ETF AccEurope Equities
10
-10.58%
—Jul 2023ELF1.DE vs ASWA.DE
SC0D.DE
Invesco EURO STOXX 50 UCITS ETFEurope Equities
29
7.29%
—Mar 2009ELF1.DE vs SC0D.DE
ZPRD.DE
SPDR FTSE UK All Share UCITS ETFEurope Equities
53
5.97%
—Apr 2018ELF1.DE vs ZPRD.DE
ED3F.DE
Global X Europe Focused Defence Tech UCITS ETF EUR...Aerospace & Defense, Europe Equities
9
0.02%
—May 2025ELF1.DE vs ED3F.DE
H4ZZ.DE
HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)Europe Equities
29
7.20%
—Jun 2022ELF1.DE vs H4ZZ.DE
5HEU.DE
Ossiam ESG Shiller Barclays CAPE® Europe Sector UC...Europe Equities———Dec 2021ELF1.DE vs 5HEU.DE
LGGE.DE
L&G Quality Equity Dividends ESG Exclusions Europe...Europe Equities
69
11.27%
—Apr 2021ELF1.DE vs LGGE.DE

Compare ELF1.DE with Any Fund or Stock

Compare ELF1.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair ELF1.DE with funds that move differently

Deka MDAX UCITS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ELF1.DE.

Explore ELF1.DE Diversifiers