EL42.DE vs. EL4N.DE
EL42.DE (Deka MSCI Europe UCITS ETF) and EL4N.DE (Deka iBoxx EUR Liquid Sovereign Diversified 5-7 UCITS ETF) are both exchange-traded funds - EL42.DE is a Europe Equities fund tracking the MSCI Europe, while EL4N.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 5-7. Both are passively managed. Over the past 10 years, EL42.DE returned 8.94%/yr vs 0.01%/yr for EL4N.DE. At a 0.09 correlation, their price movements are largely independent. EL42.DE charges 0.30%/yr vs 0.15%/yr for EL4N.DE.
Performance
EL42.DE vs. EL4N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL42.DE achieves a 7.59% return, which is significantly higher than EL4N.DE's 0.04% return. Over the past 10 years, EL42.DE has outperformed EL4N.DE with an annualized return of 8.94%, while EL4N.DE has yielded a comparatively lower 0.01% annualized return.
EL42.DE
- 1D
- 0.56%
- 1M
- 1.11%
- YTD
- 7.59%
- 6M
- 9.92%
- 1Y
- 15.89%
- 3Y*
- 13.43%
- 5Y*
- 9.71%
- 10Y*
- 8.94%
EL4N.DE
- 1D
- 0.08%
- 1M
- -0.02%
- YTD
- 0.04%
- 6M
- 0.09%
- 1Y
- 0.81%
- 3Y*
- 2.88%
- 5Y*
- -1.36%
- 10Y*
- 0.01%
EL42.DE vs. EL4N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL42.DE Deka MSCI Europe UCITS ETF | 7.59% | 20.03% | 7.79% | 15.64% | -9.11% | 24.38% | -3.36% | 27.36% | -10.93% | 10.10% |
EL4N.DE Deka iBoxx EUR Liquid Sovereign Diversified 5-7 UCITS ETF | 0.04% | 2.08% | 1.72% | 7.32% | -15.78% | -2.17% | 3.22% | 4.28% | 0.72% | 0.43% |
Correlation
The correlation between EL42.DE and EL4N.DE is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2009 | 0.09 |
Over the past year, EL42.DE and EL4N.DE have become more correlated (0.37) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
EL42.DE vs. EL4N.DE — Risk / Return Rank
EL42.DE
EL4N.DE
EL42.DE vs. EL4N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI Europe UCITS ETF (EL42.DE) and Deka iBoxx EUR Liquid Sovereign Diversified 5-7 UCITS ETF (EL4N.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.
| EL42.DE | EL4N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.02 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 0.11 | +1.56 |
| Martin ratioReturn relative to average drawdown | 6.24 | 0.29 | +5.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EL42.DE | EL4N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.09 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | -0.23 | +0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.00 | +0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.51 | +0.08 |
Drawdowns
EL42.DE vs. EL4N.DE - Drawdown Comparison
The maximum EL42.DE drawdown since its inception was -35.85%, which is greater than EL4N.DE's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for EL42.DE and EL4N.DE.
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Drawdown Indicators
| EL42.DE | EL4N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.85% | -18.58% | -17.27% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -3.49% | -6.08% |
Max Drawdown (3Y)Largest decline over 3 years | -16.42% | -3.49% | -12.93% |
Max Drawdown (5Y)Largest decline over 5 years | -19.44% | -18.42% | -1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -35.85% | -18.58% | -17.27% |
Current DrawdownCurrent decline from peak | -1.52% | -8.38% | +6.86% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -4.06% | -1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.29% | +1.27% |
Volatility
EL42.DE vs. EL4N.DE - Volatility Comparison
Deka MSCI Europe UCITS ETF (EL42.DE) has a higher volatility of 4.22% compared to Deka iBoxx EUR Liquid Sovereign Diversified 5-7 UCITS ETF (EL4N.DE) at 1.74%. This indicates that EL42.DE's price experiences larger fluctuations and is considered to be riskier than EL4N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL42.DE | EL4N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 1.74% | +2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 10.55% | 3.54% | +7.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 4.11% | +8.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 5.94% | +8.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 4.76% | +10.80% |
EL42.DE vs. EL4N.DE - Expense Ratio Comparison
EL42.DE has a 0.30% expense ratio, which is higher than EL4N.DE's 0.15% expense ratio.
Dividends
EL42.DE vs. EL4N.DE - Dividend Comparison
EL42.DE's dividend yield for the trailing twelve months is around 2.15%, more than EL4N.DE's 1.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL42.DE Deka MSCI Europe UCITS ETF | 2.15% | 2.31% | 2.64% | 2.59% | 2.78% | 2.09% | 1.94% | 2.76% | 3.41% | 2.72% | 3.00% | 2.69% |
EL4N.DE Deka iBoxx EUR Liquid Sovereign Diversified 5-7 UCITS ETF | 1.34% | 0.92% | 0.82% | 2.15% | 0.77% | 0.72% | 0.97% | 1.16% | 1.32% | 2.60% | 2.65% | 2.77% |
Frequently Asked Questions
EL42.DE and EL4N.DE have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4N.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4N.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for EL42.DE.
EL42.DE is categorized as Europe Equities, while EL4N.DE is European Government Bonds. EL42.DE tracks MSCI Europe, while EL4N.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 5-7. Their fees differ too: 0.30% for EL42.DE and 0.15% for EL4N.DE.
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