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EL42.DE vs. HUBE.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EL42.DE vs. HUBE.DE

Last updated Jul 16, 2026
Documentation

EL42.DE (Deka MSCI Europe UCITS ETF) and HUBE.DE (Expat Hungary BUX UCITS ETF) are both Europe Equities funds - EL42.DE tracks the MSCI Europe while HUBE.DE tracks the BUX Index. Both are passively managed. Over the past 5 years, EL42.DE returned 10.16%/yr vs 12.50%/yr for HUBE.DE. At a 0.32 correlation, their price movements are largely independent. EL42.DE charges 0.30%/yr vs 1.38%/yr for HUBE.DE.

Performance

EL42.DE vs. HUBE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka MSCI Europe UCITS ETF (EL42.DE) and Expat Hungary BUX UCITS ETF (HUBE.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EL42.DE achieves a 10.70% return, which is significantly lower than HUBE.DE's 22.87% return.

EL42.DE

1D
0.18%
1M
1.35%
6M
7.36%
YTD
10.70%
1Y
20.79%
3Y*
14.47%
5Y*
10.16%
10Y*
9.30%

HUBE.DE

1D
0.32%
1M
-0.31%
6M
17.41%
YTD
22.87%
1Y
41.52%
3Y*
33.32%
5Y*
12.50%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EL42.DE vs. HUBE.DE - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EL42.DE
Deka MSCI Europe UCITS ETF		10.70%20.05%7.78%15.64%-9.45%24.88%-3.36%27.34%-9.23%
HUBE.DE
Expat Hungary BUX UCITS ETF		22.87%44.76%15.05%36.12%-34.67%8.16%-11.99%6.84%-9.90%

Correlation

The correlation between EL42.DE and HUBE.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.33

Correlation (3Y)
Calculated over the trailing 3-year period

0.29

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2018

0.32

Compare stocks, funds, or ETFs

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Deka MSCI Europe UCITS ETF

Expat Hungary BUX UCITS ETF

Often compared with EL42.DE:
EL42.DE vs. QQQEL42.DE vs. VTIEL42.DE vs. ELFB.DEEL42.DE vs. EL4X.DEEL42.DE vs. EL4F.DEEL42.DE vs. ELFC.DEEL42.DE vs. EL43.DE

Return for Risk

EL42.DE vs. HUBE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EL42.DE
EL42.DE Risk / Return Rank: 5858
Overall Rank
EL42.DE Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
EL42.DE Sortino Ratio Rank: 6161
Sortino Ratio Rank
EL42.DE Omega Ratio Rank: 6262
Omega Ratio Rank
EL42.DE Calmar Ratio Rank: 5252
Calmar Ratio Rank
EL42.DE Martin Ratio Rank: 5858
Martin Ratio Rank
HUBE.DE
HUBE.DE Risk / Return Rank: 7979
Overall Rank
HUBE.DE Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
HUBE.DE Sortino Ratio Rank: 8282
Sortino Ratio Rank
HUBE.DE Omega Ratio Rank: 7878
Omega Ratio Rank
HUBE.DE Calmar Ratio Rank: 8383
Calmar Ratio Rank
HUBE.DE Martin Ratio Rank: 7373
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.

EL42.DE vs. HUBE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka MSCI Europe UCITS ETF (EL42.DE) and Expat Hungary BUX UCITS ETF (HUBE.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

EL42.DEHUBE.DEDifference
Sharpe ratioReturn per unit of total volatility
1.60
2.04

-0.44

Sortino ratioReturn per unit of downside risk
2.33
2.93

-0.60

Omega ratioGain probability vs. loss probability

1.30

1.37

-0.06

Calmar ratioReturn relative to maximum drawdown

2.16

3.62

-1.46

Martin ratioReturn relative to average drawdown

8.34

10.80

-2.46

EL42.DE vs. HUBE.DE - Sharpe Ratio Comparison

The current EL42.DE Sharpe Ratio is 1.60, which is comparable to the HUBE.DE Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of EL42.DE and HUBE.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.

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Drawdowns

EL42.DE vs. HUBE.DE - Drawdown Comparison

The maximum EL42.DE drawdown since its inception was -35.83%, smaller than the maximum HUBE.DE drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for EL42.DE and HUBE.DE.

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Drawdown Indicators

EL42.DEHUBE.DEDifference

Max Drawdown

Largest peak-to-trough decline

-35.83%

-51.39%

+15.56%

Max Drawdown (1Y)

Largest decline over 1 year

-9.58%

-11.41%

+1.83%

Max Drawdown (3Y)

Largest decline over 3 years

-16.41%

-21.36%

+4.95%

Max Drawdown (5Y)

Largest decline over 5 years

-19.42%

-51.39%

+31.97%

Max Drawdown (10Y)

Largest decline over 10 years

-35.83%

—

—

Current Drawdown

Current decline from peak

-1.58%

-1.55%

-0.03%

Average Drawdown

Average peak-to-trough decline

-5.15%

-16.81%

+11.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.49%

3.83%

-1.34%

Volatility

EL42.DE vs. HUBE.DE - Volatility Comparison

The current volatility for Deka MSCI Europe UCITS ETF (EL42.DE) is 3.23%, while Expat Hungary BUX UCITS ETF (HUBE.DE) has a volatility of 4.84%. This indicates that EL42.DE experiences smaller price fluctuations and is considered to be less risky than HUBE.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.DEHUBE.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.23%

4.84%

-1.61%

Volatility (6M)

Calculated over the trailing 6-month period

10.97%

16.50%

-5.53%

Volatility (1Y)

Calculated over the trailing 1-year period

12.92%

20.27%

-7.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.20%

24.65%

-10.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.15%

21.99%

-6.84%

EL42.DE vs. HUBE.DE - Expense Ratio Comparison

EL42.DE has a 0.30% expense ratio, which is lower than HUBE.DE's 1.38% expense ratio.

Dividends

EL42.DE vs. HUBE.DE - Dividend Comparison

EL42.DE's dividend yield for the trailing twelve months is around 2.21%, while HUBE.DE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
EL42.DE
Deka MSCI Europe UCITS ETF		2.21%2.31%2.64%2.59%2.78%2.08%1.94%2.76%3.41%2.72%3.00%2.69%
HUBE.DE
Expat Hungary BUX UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

EL42.DE and HUBE.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EL42.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EL42.DE is cheaper with a 0.30% expense ratio, compared with 1.38% for HUBE.DE.

EL42.DE tracks MSCI Europe, while HUBE.DE tracks BUX Index. They also come from different issuers: Deka and Expat. Their fees differ too: 0.30% for EL42.DE and 1.38% for HUBE.DE.

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