AW1Z.DE vs. ELFC.DE
AW1Z.DE (UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) Acc) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both Europe Equities funds - AW1Z.DE tracks the MSCI EMU Climate Paris Aligned while ELFC.DE tracks the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. Over the past 5 years, AW1Z.DE returned 7.97%/yr vs 10.71%/yr for ELFC.DE. A 0.72 correlation means they provide meaningful diversification when combined. AW1Z.DE charges 0.14%/yr vs 0.30%/yr for ELFC.DE.
Performance
AW1Z.DE vs. ELFC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AW1Z.DE achieves a 9.37% return, which is significantly lower than ELFC.DE's 13.62% return.
AW1Z.DE
- 1D
- 0.00%
- 1M
- -1.84%
- 6M
- 5.98%
- YTD
- 9.37%
- 1Y
- 14.54%
- 3Y*
- 11.80%
- 5Y*
- 7.97%
- 10Y*
- —
ELFC.DE
- 1D
- 0.28%
- 1M
- 1.42%
- 6M
- 12.35%
- YTD
- 13.62%
- 1Y
- 19.36%
- 3Y*
- 12.02%
- 5Y*
- 10.71%
- 10Y*
- 8.89%
AW1Z.DE vs. ELFC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AW1Z.DE UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) Acc | 9.37% | 16.28% | 6.31% | 17.64% | -13.87% | 18.74% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 13.62% | 17.70% | -0.16% | 15.74% | 1.24% | 13.11% |
Correlation
The correlation between AW1Z.DE and ELFC.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.72 |
Over the past year, the correlation between AW1Z.DE and ELFC.DE has dropped to 0.49 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
AW1Z.DE vs. ELFC.DE — Risk / Return Rank
AW1Z.DE
ELFC.DE
AW1Z.DE vs. ELFC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) Acc (AW1Z.DE) and Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.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.
| AW1Z.DE | ELFC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.88 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.33 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 2.97 | -1.65 |
| Martin ratioReturn relative to average drawdown | 4.77 | 8.04 | -3.28 |
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Drawdowns
AW1Z.DE vs. ELFC.DE - Drawdown Comparison
The maximum AW1Z.DE drawdown since its inception was -24.70%, smaller than the maximum ELFC.DE drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for AW1Z.DE and ELFC.DE.
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Drawdown Indicators
| AW1Z.DE | ELFC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.70% | -37.68% | +12.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -6.71% | -4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -15.02% | -15.02% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -24.70% | -16.82% | -7.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.68% | — |
Current DrawdownCurrent decline from peak | -2.16% | -0.74% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -5.06% | -4.66% | -0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 2.49% | +0.51% |
Volatility
AW1Z.DE vs. ELFC.DE - Volatility Comparison
UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) Acc (AW1Z.DE) has a higher volatility of 3.86% compared to Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) at 3.21%. This indicates that AW1Z.DE's price experiences larger fluctuations and is considered to be riskier than ELFC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AW1Z.DE | ELFC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.21% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 8.27% | +4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.17% | 10.95% | +4.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 13.72% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.05% | 15.73% | +0.32% |
AW1Z.DE vs. ELFC.DE - Expense Ratio Comparison
AW1Z.DE has a 0.14% expense ratio, which is lower than ELFC.DE's 0.30% expense ratio.
Dividends
AW1Z.DE vs. ELFC.DE - Dividend Comparison
AW1Z.DE has not paid dividends to shareholders, while ELFC.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AW1Z.DE UBS ETF (IE) MSCI EMU Climate Paris Aligned UCITS ETF (EUR) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 3.75% | 4.45% | 4.66% | 4.66% | 4.91% | 3.84% | 2.83% | 3.64% | 4.20% | 3.53% | 3.55% |
Frequently Asked Questions
AW1Z.DE and ELFC.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AW1Z.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AW1Z.DE is cheaper with a 0.14% expense ratio, compared with 0.30% for ELFC.DE.
AW1Z.DE tracks MSCI EMU Climate Paris Aligned, while ELFC.DE tracks EURO iSTOXX® ex Financials High Dividend 50. They also come from different issuers: UBS and Deka. Their fees differ too: 0.14% for AW1Z.DE and 0.30% for ELFC.DE.
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