D6RQ.DE vs. EL4T.DE
D6RQ.DE (Deka MSCI USA Climate Change ESG UCITS ETF) and EL4T.DE (Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF) are both exchange-traded funds - D6RQ.DE is a Large Cap Blend Equities fund tracking the MSCI USA Climate Change ESG Select, while EL4T.DE is a European Government Bonds fund tracking the Deutsche Börse EUROGOV® Germany 3-5. Both are passively managed. Over the past 5 years, D6RQ.DE returned 16.15%/yr vs -0.69%/yr for EL4T.DE. At a correlation of -0.00, they often move in opposite directions. D6RQ.DE charges 0.25%/yr vs 0.15%/yr for EL4T.DE.
Performance
D6RQ.DE vs. EL4T.DE - Performance Comparison
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Returns By Period
In the year-to-date period, D6RQ.DE achieves a 12.89% return, which is significantly higher than EL4T.DE's 0.48% return.
D6RQ.DE
- 1D
- 0.00%
- 1M
- 0.46%
- YTD
- 12.89%
- 6M
- 12.85%
- 1Y
- 30.87%
- 3Y*
- 22.61%
- 5Y*
- 16.15%
- 10Y*
- —
EL4T.DE
- 1D
- 0.07%
- 1M
- 0.54%
- YTD
- 0.48%
- 6M
- 0.59%
- 1Y
- 0.52%
- 3Y*
- 2.24%
- 5Y*
- -0.69%
- 10Y*
- -0.54%
D6RQ.DE vs. EL4T.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF | 12.89% | 4.36% | 42.08% | 34.15% | -22.07% | 41.44% | 17.63% |
EL4T.DE Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF | 0.48% | 1.23% | 1.67% | 4.08% | -9.83% | -1.28% | -0.37% |
Correlation
The correlation between D6RQ.DE and EL4T.DE is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020 | -0.00 |
The correlation between D6RQ.DE and EL4T.DE shifts across timeframes, from -0.00 (all time) to 0.10 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
D6RQ.DE vs. EL4T.DE — Risk / Return Rank
D6RQ.DE
EL4T.DE
D6RQ.DE vs. EL4T.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) and Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF (EL4T.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.
| D6RQ.DE | EL4T.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.04 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 0.25 | +2.25 |
| Martin ratioReturn relative to average drawdown | 7.19 | 0.61 | +6.58 |
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Drawdowns
D6RQ.DE vs. EL4T.DE - Drawdown Comparison
The maximum D6RQ.DE drawdown since its inception was -27.29%, which is greater than EL4T.DE's maximum drawdown of -13.89%. Use the drawdown chart below to compare losses from any high point for D6RQ.DE and EL4T.DE.
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Drawdown Indicators
| D6RQ.DE | EL4T.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.29% | -13.89% | -13.40% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -2.04% | -10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -27.29% | -2.28% | -25.01% |
Max Drawdown (5Y)Largest decline over 5 years | -27.29% | -12.08% | -15.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.89% | — |
Current DrawdownCurrent decline from peak | -2.16% | -6.06% | +3.90% |
Average DrawdownAverage peak-to-trough decline | -5.73% | -2.95% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 0.85% | +3.43% |
Volatility
D6RQ.DE vs. EL4T.DE - Volatility Comparison
Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) has a higher volatility of 4.42% compared to Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF (EL4T.DE) at 0.64%. This indicates that D6RQ.DE's price experiences larger fluctuations and is considered to be riskier than EL4T.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| D6RQ.DE | EL4T.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 0.64% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 10.83% | 2.10% | +8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.27% | 2.36% | +12.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.83% | 3.50% | +14.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.57% | 2.68% | +14.89% |
D6RQ.DE vs. EL4T.DE - Expense Ratio Comparison
D6RQ.DE has a 0.25% expense ratio, which is higher than EL4T.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
D6RQ.DE vs. EL4T.DE - Dividend Comparison
D6RQ.DE's dividend yield for the trailing twelve months is around 0.38%, less than EL4T.DE's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF | 0.38% | 0.53% | 0.39% | 0.60% | 0.80% | 0.46% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EL4T.DE Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF | 1.35% | 1.33% | 1.34% | 0.83% | 0.21% | 0.61% | 0.96% | 0.99% | 0.91% | 1.44% | 1.56% | 1.80% |
Frequently Asked Questions
D6RQ.DE and EL4T.DE have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4T.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4T.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for D6RQ.DE.
D6RQ.DE is categorized as Large Cap Blend Equities, while EL4T.DE is European Government Bonds. D6RQ.DE tracks MSCI USA Climate Change ESG Select, while EL4T.DE tracks Deutsche Börse EUROGOV® Germany 3-5. Their fees differ too: 0.25% for D6RQ.DE and 0.15% for EL4T.DE.
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