PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ED3F.DE vs. EL4X.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ED3F.DE vs. EL4X.DE

Last updated Apr 14, 2026

ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) and EL4X.DE (Deka DAXplus Maximum Dividend UCITS ETF) are both exchange-traded funds — ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index, while EL4X.DE is a Europe Equities fund tracking the DAXplus® Maximum Dividend. Both are passively managed. At 0.16, their price movements are largely independent. ED3F.DE charges 0.40%/yr vs 0.30%/yr for EL4X.DE.

Performance

ED3F.DE vs. EL4X.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) and Deka DAXplus Maximum Dividend UCITS ETF (EL4X.DE). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

Returns By Period

In the year-to-date period, ED3F.DE achieves a 16.69% return, which is significantly higher than EL4X.DE's 5.50% return.

ED3F.DE

1D
-0.14%
1M
-2.24%
YTD
16.69%
6M
4.92%
1Y
—
3Y*
—
5Y*
—
10Y*
—

EL4X.DE

1D
-0.67%
1M
3.70%
YTD
5.50%
6M
9.12%
1Y
21.55%
3Y*
9.21%
5Y*
3.21%
10Y*
2.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ED3F.DE vs. EL4X.DE - Yearly Performance Comparison

2026 (YTD)2025
ED3F.DE
Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating		16.69%4.82%
EL4X.DE
Deka DAXplus Maximum Dividend UCITS ETF		5.50%1.50%

Correlation

The correlation between ED3F.DE and EL4X.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since May 23, 2025

0.16

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating

Deka DAXplus Maximum Dividend UCITS ETF

Often compared with ED3F.DE:
ED3F.DE vs. ELFC.DEED3F.DE vs. EXSB.DEED3F.DE vs. 5J50.DEED3F.DE vs. AKWA.DEED3F.DE vs. ASWC.DEED3F.DE vs. BLCH.DEED3F.DE vs. DFEN.DE
Often compared with EL4X.DE:
EL4X.DE vs. CSPX.LEL4X.DE vs. EL4F.DEEL4X.DE vs. EL4A.DEEL4X.DE vs. LYYA.DEEL4X.DE vs. ASWA.DEEL4X.DE vs. EL42.DEEL4X.DE vs. EL4G.DE

Return for Risk

ED3F.DE vs. EL4X.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ED3F.DE
EL4X.DE
EL4X.DE Risk / Return Rank: 2929
Overall Rank
EL4X.DE Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
EL4X.DE Sortino Ratio Rank: 2828
Sortino Ratio Rank
EL4X.DE Omega Ratio Rank: 2929
Omega Ratio Rank
EL4X.DE Calmar Ratio Rank: 3333
Calmar Ratio Rank
EL4X.DE Martin Ratio Rank: 2424
Martin Ratio Rank
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.

ED3F.DE vs. EL4X.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating (ED3F.DE) and Deka DAXplus Maximum Dividend UCITS ETF (EL4X.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ED3F.DE vs. EL4X.DE - Sharpe Ratio Comparison

Loading graphics...

Sharpe Ratios by Period

ED3F.DEEL4X.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

1.47

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.19

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.13

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.29

+0.54

Drawdowns

ED3F.DE vs. EL4X.DE - Drawdown Comparison

The maximum ED3F.DE drawdown since its inception was -20.72%, smaller than the maximum EL4X.DE drawdown of -52.91%. Use the drawdown chart below to compare losses from any high point for ED3F.DE and EL4X.DE.

Loading graphics...

Drawdown Indicators

ED3F.DEEL4X.DEDifference

Max Drawdown

Largest peak-to-trough decline

-20.72%

-52.91%

+32.19%

Max Drawdown (1Y)

Largest decline over 1 year

—

-9.87%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-34.51%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-52.91%

—

Current Drawdown

Current decline from peak

-7.61%

-2.82%

-4.79%

Average Drawdown

Average peak-to-trough decline

-7.11%

-12.26%

+5.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.50%

—

Volatility

ED3F.DE vs. EL4X.DE - Volatility Comparison

Loading graphics...

Volatility by Period

ED3F.DEEL4X.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

6.36%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

10.92%

—

Volatility (1Y)

Calculated over the trailing 1-year period

30.14%

14.76%

+15.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

30.14%

16.77%

+13.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

30.14%

18.17%

+11.97%

ED3F.DE vs. EL4X.DE - Expense Ratio Comparison

ED3F.DE has a 0.40% expense ratio, which is higher than EL4X.DE's 0.30% expense ratio.

Dividends

ED3F.DE vs. EL4X.DE - Dividend Comparison

ED3F.DE has not paid dividends to shareholders, while EL4X.DE's dividend yield for the trailing twelve months is around 4.76%.

TTM20252024202320222021202020192018201720162015
ED3F.DE
Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EL4X.DE
Deka DAXplus Maximum Dividend UCITS ETF		4.76%5.11%7.17%5.99%8.64%3.83%2.89%6.66%8.48%7.17%7.37%5.62%