EABE.DE vs. ELFC.DE

Last updated Jun 5, 2026

EABE.DE (Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both Europe Equities funds - EABE.DE tracks the MSCI Europe NR EUR while ELFC.DE tracks the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. Over the past year, EABE.DE returned 11.97% vs 20.13% for ELFC.DE. A 0.60 correlation means they provide meaningful diversification when combined. EABE.DE charges 0.18%/yr vs 0.30%/yr for ELFC.DE.

Performance

EABE.DE vs. ELFC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc (EABE.DE) and Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EABE.DE achieves a 6.30% return, which is significantly lower than ELFC.DE's 12.62% return.

EABE.DE

• 1D: 0.58%
• 1M: 3.02%
• YTD: 6.30%
• 6M: 8.68%
• 1Y: 11.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ELFC.DE

• 1D: -0.33%
• 1M: 0.92%
• YTD: 12.62%
• 6M: 12.29%
• 1Y: 20.13%
• 3Y*: 12.09%
• 5Y*: 10.14%
• 10Y*: 8.86%

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

EABE.DE vs. ELFC.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EABE.DE Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc	6.30%	14.64%	6.05%
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF	12.62%	17.73%	3.54%

Correlation

The correlation between EABE.DE and ELFC.DE is 0.53, 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	0.53
Correlation (All Time) Calculated using the full available price history since Feb 12, 2024	0.60

The correlation between EABE.DE and ELFC.DE has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.

Return for Risk

EABE.DE vs. ELFC.DE — Risk / Return Rank

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

EABE.DE

EABE.DE Risk / Return Rank: 26
EABE.DE Sharpe Ratio Rank: 25
EABE.DE Sortino Ratio Rank: 25
EABE.DE Omega Ratio Rank: 25
EABE.DE Calmar Ratio Rank: 25
EABE.DE Martin Ratio Rank: 28

ELFC.DE

ELFC.DE Risk / Return Rank: 55
ELFC.DE Sharpe Ratio Rank: 54
ELFC.DE Sortino Ratio Rank: 54
ELFC.DE Omega Ratio Rank: 54
ELFC.DE Calmar Ratio Rank: 62
ELFC.DE Martin Ratio Rank: 51

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.

EABE.DE vs. ELFC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc (EABE.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.

	EABE.DE	ELFC.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.88	1.81	-0.94
Sortino ratio: Return per unit of downside risk	1.32	2.55	-1.23
Omega ratio: Gain probability vs. loss probability	1.17	1.33	-0.16
Calmar ratio: Return relative to maximum drawdown	1.14	3.00	-1.86
Martin ratio: Return relative to average drawdown	3.88	8.42	-4.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EABE.DE vs. ELFC.DE - Sharpe Ratio Comparison

The current EABE.DE Sharpe Ratio is 0.88, which is lower than the ELFC.DE Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of EABE.DE and ELFC.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

	EABE.DE	ELFC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.81	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.73	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.55	+0.29

Drawdowns

EABE.DE vs. ELFC.DE - Drawdown Comparison

The maximum EABE.DE drawdown since its inception was -15.99%, smaller than the maximum ELFC.DE drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for EABE.DE and ELFC.DE.

Drawdown Indicators

	EABE.DE	ELFC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-15.99%	-37.68%	+21.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.45%	-6.71%	-3.74%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.68%	—
Current Drawdown Current decline from peak	-1.64%	-1.60%	-0.04%
Average Drawdown Average peak-to-trough decline	-2.28%	-4.70%	+2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.39%	+0.65%

Volatility

EABE.DE vs. ELFC.DE - Volatility Comparison

Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - Acc (EABE.DE) has a higher volatility of 4.52% compared to Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) at 2.62%. This indicates that EABE.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.

Volatility by Period

	EABE.DE	ELFC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	2.62%	+1.90%
Volatility (6M) Calculated over the trailing 6-month period	11.18%	8.07%	+3.11%
Volatility (1Y) Calculated over the trailing 1-year period	13.64%	11.12%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	13.76%	+0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	16.40%	-2.49%

EABE.DE vs. ELFC.DE - Expense Ratio Comparison

EABE.DE has a 0.18% expense ratio, which is lower than ELFC.DE's 0.30% expense ratio.

Dividends

EABE.DE vs. ELFC.DE - Dividend Comparison

EABE.DE has not paid dividends to shareholders, while ELFC.DE's dividend yield for the trailing twelve months is around 4.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EABE.DE Lyxor Net Zero 2050 S&P Europe Climate PAB (DR) UCITS ETF - 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	4.08%	4.45%	4.66%	4.66%	4.91%	3.85%	2.83%	3.64%	4.20%	3.53%	3.57%

Frequently Asked Questions

Can I hold both EABE.DE and ELFC.DE in my portfolio?

EABE.DE and ELFC.DE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EABE.DE or ELFC.DE?

On fees, EABE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EABE.DE or ELFC.DE?

EABE.DE is cheaper with a 0.18% expense ratio, compared with 0.30% for ELFC.DE.

What is the main difference between EABE.DE and ELFC.DE?

EABE.DE tracks MSCI Europe NR EUR, while ELFC.DE tracks EURO iSTOXX® ex Financials High Dividend 50. They also come from different issuers: Amundi and Deka. Their fees differ too: 0.18% for EABE.DE and 0.30% for ELFC.DE.