EGV3.DE vs. EL4S.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) and Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE).

EGV3.DE and EL4S.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EGV3.DE is a passively managed fund by Amundi that tracks the performance of the Bloomberg Euro Treasury 50bn 1-3 Year Bond. It was launched on Sep 17, 2020. EL4S.DE is a passively managed fund by Deka that tracks the performance of the Deutsche Börse EUROGOV® Germany 1-3. It was launched on Mar 16, 2009. Both EGV3.DE and EL4S.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EGV3.DE vs. EL4S.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) and Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE). The values are adjusted to include any dividend payments, if applicable.

EGV3.DE vs. EL4S.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist	-0.41%	2.11%	3.01%	3.26%	-4.93%	-0.90%	-0.43%	0.21%	0.06%	-0.44%
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF	-0.23%	1.65%	2.75%	2.51%	-4.56%	-0.97%	-0.79%	-0.83%	-0.57%	-1.08%

Returns By Period

In the year-to-date period, EGV3.DE achieves a -0.41% return, which is significantly lower than EL4S.DE's -0.23% return. Over the past 10 years, EGV3.DE has outperformed EL4S.DE with an annualized return of 0.15%, while EL4S.DE has yielded a comparatively lower -0.23% annualized return.

EGV3.DE

• 1D: 0.07%
• 1M: -0.82%
• YTD: -0.41%
• 6M: -0.02%
• 1Y: 1.04%
• 3Y*: 2.41%
• 5Y*: 0.43%
• 10Y*: 0.15%

EL4S.DE

• 1D: 0.04%
• 1M: -0.66%
• YTD: -0.23%
• 6M: 0.03%
• 1Y: 0.89%
• 3Y*: 2.10%
• 5Y*: 0.25%
• 10Y*: -0.23%

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

EGV3.DE vs. EL4S.DE - Expense Ratio Comparison

EGV3.DE has a 0.17% expense ratio, which is higher than EL4S.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%.

EGV3.DE

Amundi Euro Government Bond 1-3Y UCITS ETF Dist

EL4S.DE

Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF

Return for Risk

EGV3.DE vs. EL4S.DE — Risk / Return Rank

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

EGV3.DE

EGV3.DE Risk / Return Rank: 40
EGV3.DE Sharpe Ratio Rank: 48
EGV3.DE Sortino Ratio Rank: 42
EGV3.DE Omega Ratio Rank: 42
EGV3.DE Calmar Ratio Rank: 30
EGV3.DE Martin Ratio Rank: 37

EL4S.DE

EL4S.DE Risk / Return Rank: 37
EL4S.DE Sharpe Ratio Rank: 43
EL4S.DE Sortino Ratio Rank: 38
EL4S.DE Omega Ratio Rank: 38
EL4S.DE Calmar Ratio Rank: 30
EL4S.DE Martin Ratio Rank: 37

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.

EGV3.DE vs. EL4S.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) and Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.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.

	EGV3.DE	EL4S.DE	Difference
Sharpe ratio Return per unit of total volatility	0.93	0.86	+0.06
Sortino ratio Return per unit of downside risk	1.26	1.18	+0.08
Omega ratio Gain probability vs. loss probability	1.18	1.16	+0.01
Calmar ratio Return relative to maximum drawdown	0.87	0.88	-0.02
Martin ratio Return relative to average drawdown	3.90	3.98	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EGV3.DE vs. EL4S.DE - Sharpe Ratio Comparison

The current EGV3.DE Sharpe Ratio is 0.93, which is comparable to the EL4S.DE Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of EGV3.DE and EL4S.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EGV3.DE	EL4S.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.86	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.17	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	-0.21	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	-0.32	+0.73

Correlation

The correlation between EGV3.DE and EL4S.DE is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EGV3.DE vs. EL4S.DE - Dividend Comparison

EGV3.DE's dividend yield for the trailing twelve months is around 1.58%, more than EL4S.DE's 1.30% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGV3.DE Amundi Euro Government Bond 1-3Y UCITS ETF Dist	1.58%	1.57%	1.36%	1.13%	1.46%	2.49%	1.11%	0.65%	0.89%	0.00%	0.00%	0.00%
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF	1.30%	1.20%	0.83%	0.60%	0.88%	0.94%	0.78%	1.06%	0.99%	1.63%	1.46%	1.60%

Drawdowns

EGV3.DE vs. EL4S.DE - Drawdown Comparison

The maximum EGV3.DE drawdown since its inception was -8.42%, smaller than the maximum EL4S.DE drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for EGV3.DE and EL4S.DE.

Drawdown Indicators

	EGV3.DE	EL4S.DE	Difference
Max Drawdown Largest peak-to-trough decline	-8.42%	-13.04%	+4.62%
Max Drawdown (1Y) Largest decline over 1 year	-1.20%	-1.03%	-0.17%
Max Drawdown (5Y) Largest decline over 5 years	-6.09%	-5.98%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	-8.42%	-9.46%	+1.04%
Current Drawdown Current decline from peak	-0.96%	-6.35%	+5.39%
Average Drawdown Average peak-to-trough decline	-1.57%	-5.87%	+4.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.27%	0.23%	+0.04%

Volatility

EGV3.DE vs. EL4S.DE - Volatility Comparison

Amundi Euro Government Bond 1-3Y UCITS ETF Dist (EGV3.DE) has a higher volatility of 0.68% compared to Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE) at 0.53%. This indicates that EGV3.DE's price experiences larger fluctuations and is considered to be riskier than EL4S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EGV3.DE	EL4S.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	0.53%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	0.84%	0.71%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	1.12%	1.03%	+0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.62%	1.43%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.11%	1.10%	+1.01%