DJAD.DE vs. ELFE.DE

Last updated Jun 5, 2026

DJAD.DE (Amundi US Treasury Bond Long Dated UCITS ETF Dist) and ELFE.DE (Deka US Treasury 7-10 UCITS ETF ) are both Government Bonds funds - DJAD.DE tracks the Bloomberg US Long Treasury Index while ELFE.DE tracks the Solactive US Treasury 7-10 Q Series USD. Both are passively managed. Over the past 5 years, DJAD.DE returned -4.32%/yr vs 0.02%/yr for ELFE.DE. Their correlation of 0.85 suggests significant overlap in exposure. DJAD.DE charges 0.06%/yr vs 0.07%/yr for ELFE.DE.

Performance

DJAD.DE vs. ELFE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi US Treasury Bond Long Dated UCITS ETF Dist (DJAD.DE) and Deka US Treasury 7-10 UCITS ETF (ELFE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DJAD.DE achieves a 0.70% return, which is significantly higher than ELFE.DE's 0.55% return.

DJAD.DE

• 1D: 0.26%
• 1M: 1.26%
• YTD: 0.70%
• 6M: -0.72%
• 1Y: 2.28%
• 3Y*: -3.33%
• 5Y*: -4.32%
• 10Y*: —

ELFE.DE

• 1D: 0.13%
• 1M: 0.62%
• YTD: 0.55%
• 6M: -0.26%
• 1Y: 1.89%
• 3Y*: -0.01%
• 5Y*: 0.02%
• 10Y*: —

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

DJAD.DE vs. ELFE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DJAD.DE Amundi US Treasury Bond Long Dated UCITS ETF Dist	0.70%	-6.15%	-0.86%	-0.74%	-24.23%	3.18%	6.09%	-9.07%
ELFE.DE Deka US Treasury 7-10 UCITS ETF	0.55%	-3.68%	5.37%	0.04%	-9.38%	5.11%	-0.09%	-4.86%

Correlation

The correlation between DJAD.DE and ELFE.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 4, 2019	0.85

The correlation between DJAD.DE and ELFE.DE has been stable across timeframes, ranging from 0.79 to 0.85 - a consistent structural relationship.

Return for Risk

DJAD.DE vs. ELFE.DE — Risk / Return Rank

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

DJAD.DE

DJAD.DE Risk / Return Rank: 13
DJAD.DE Sharpe Ratio Rank: 13
DJAD.DE Sortino Ratio Rank: 12
DJAD.DE Omega Ratio Rank: 12
DJAD.DE Calmar Ratio Rank: 13
DJAD.DE Martin Ratio Rank: 13

ELFE.DE

ELFE.DE Risk / Return Rank: 13
ELFE.DE Sharpe Ratio Rank: 14
ELFE.DE Sortino Ratio Rank: 13
ELFE.DE Omega Ratio Rank: 13
ELFE.DE Calmar Ratio Rank: 14
ELFE.DE Martin Ratio Rank: 14

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.

DJAD.DE vs. ELFE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi US Treasury Bond Long Dated UCITS ETF Dist (DJAD.DE) and Deka US Treasury 7-10 UCITS ETF (ELFE.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.

	DJAD.DE	ELFE.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.26	0.31	-0.05
Sortino ratio: Return per unit of downside risk	0.43	0.48	-0.05
Omega ratio: Gain probability vs. loss probability	1.05	1.06	-0.01
Calmar ratio: Return relative to maximum drawdown	0.36	0.42	-0.06
Martin ratio: Return relative to average drawdown	0.78	1.04	-0.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DJAD.DE vs. ELFE.DE - Sharpe Ratio Comparison

The current DJAD.DE Sharpe Ratio is 0.26, which is comparable to the ELFE.DE Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of DJAD.DE and ELFE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DJAD.DE	ELFE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	0.31	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	0.00	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	-0.13	+0.07

Drawdowns

DJAD.DE vs. ELFE.DE - Drawdown Comparison

The maximum DJAD.DE drawdown since its inception was -44.43%, which is greater than ELFE.DE's maximum drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for DJAD.DE and ELFE.DE.

Drawdown Indicators

	DJAD.DE	ELFE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-44.43%	-20.67%	-23.76%
Max Drawdown (1Y) Largest decline over 1 year	-6.37%	-4.53%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	-16.67%	-10.45%	-6.22%
Max Drawdown (5Y) Largest decline over 5 years	-36.54%	-15.39%	-21.15%
Current Drawdown Current decline from peak	-40.73%	-15.66%	-25.07%
Average Drawdown Average peak-to-trough decline	-25.24%	-12.73%	-12.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	1.81%	+1.12%

Volatility

DJAD.DE vs. ELFE.DE - Volatility Comparison

Amundi US Treasury Bond Long Dated UCITS ETF Dist (DJAD.DE) has a higher volatility of 2.36% compared to Deka US Treasury 7-10 UCITS ETF (ELFE.DE) at 1.17%. This indicates that DJAD.DE's price experiences larger fluctuations and is considered to be riskier than ELFE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DJAD.DE	ELFE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	1.17%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	6.00%	4.19%	+1.81%
Volatility (1Y) Calculated over the trailing 1-year period	8.81%	6.08%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.28%	9.00%	+5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	8.73%	+5.84%

DJAD.DE vs. ELFE.DE - Expense Ratio Comparison

DJAD.DE has a 0.06% expense ratio, which is lower than ELFE.DE's 0.07% 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%.

Dividends

DJAD.DE vs. ELFE.DE - Dividend Comparison

DJAD.DE's dividend yield for the trailing twelve months is around 3.47%, less than ELFE.DE's 4.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DJAD.DE Amundi US Treasury Bond Long Dated UCITS ETF Dist	3.47%	3.50%	3.53%	2.89%	3.36%	2.22%	2.38%	2.87%
ELFE.DE Deka US Treasury 7-10 UCITS ETF	4.36%	3.84%	2.83%	2.04%	1.74%	2.27%	1.81%	0.24%

Frequently Asked Questions

Can I hold both DJAD.DE and ELFE.DE in my portfolio?

DJAD.DE and ELFE.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DJAD.DE or ELFE.DE?

On fees, DJAD.DE is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DJAD.DE or ELFE.DE?

DJAD.DE is cheaper with a 0.06% expense ratio, compared with 0.07% for ELFE.DE.

What is the main difference between DJAD.DE and ELFE.DE?

DJAD.DE tracks Bloomberg US Long Treasury Index, while ELFE.DE tracks Solactive US Treasury 7-10 Q Series USD. They also come from different issuers: Amundi and Deka Investment GmbH. Their fees differ too: 0.06% for DJAD.DE and 0.07% for ELFE.DE.