ED3F.DE vs. ELFC.DE

Last updated Apr 14, 2026

ED3F.DE (Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both exchange-traded funds — ED3F.DE is a Aerospace & Defense fund tracking the Mirae Asset Europe Defence Tech Index, while ELFC.DE is a Europe Equities fund tracking the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. At -0.03, they often move in opposite directions. ED3F.DE charges 0.40%/yr vs 0.30%/yr for ELFC.DE.

Performance

ED3F.DE vs. ELFC.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 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, ED3F.DE achieves a 16.69% return, which is significantly higher than ELFC.DE's 11.37% return.

ED3F.DE

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

ELFC.DE

• 1D: -0.54%
• 1M: 3.88%
• YTD: 11.37%
• 6M: 17.90%
• 1Y: 35.41%
• 3Y*: 11.36%
• 5Y*: 10.89%
• 10Y*: 8.91%

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

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

	2026 (YTD)	2025
ED3F.DE Global X Europe Focused Defence Tech UCITS ETF EUR Accumulating	16.69%	4.82%
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF	11.37%	6.41%

Correlation

The correlation between ED3F.DE and ELFC.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 23, 2025	-0.03

Return for Risk

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

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

ELFC.DE

ELFC.DE Risk / Return Rank: 84
ELFC.DE Sharpe Ratio Rank: 87
ELFC.DE Sortino Ratio Rank: 86
ELFC.DE Omega Ratio Rank: 84
ELFC.DE Calmar Ratio Rank: 89
ELFC.DE Martin Ratio Rank: 75

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. ELFC.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 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.

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

Sharpe Ratios by Period

	ED3F.DE	ELFC.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
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	+0.28

Drawdowns

ED3F.DE vs. ELFC.DE - Drawdown Comparison

The maximum ED3F.DE drawdown since its inception was -20.72%, smaller than the maximum ELFC.DE drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for ED3F.DE and ELFC.DE.

Drawdown Indicators

	ED3F.DE	ELFC.DE	Difference
Max Drawdown Largest peak-to-trough decline	-20.72%	-37.68%	+16.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.71%	—
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	-7.61%	-0.54%	-7.07%
Average Drawdown Average peak-to-trough decline	-7.11%	-4.76%	-2.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	ED3F.DE	ELFC.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.14%	11.40%	+18.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.14%	13.82%	+16.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.14%	16.56%	+13.58%

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

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

Dividends

ED3F.DE vs. ELFC.DE - Dividend Comparison

ED3F.DE has not paid dividends to shareholders, while ELFC.DE's dividend yield for the trailing twelve months is around 4.13%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF	4.13%	4.45%	4.66%	4.66%	4.91%	3.85%	2.83%	3.64%	4.20%	3.53%	3.57%