EL42.DE vs. IBCJ.DE
EL42.DE (Deka MSCI Europe UCITS ETF) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - EL42.DE tracks the MSCI Europe while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 10 years, EL42.DE returned 8.94%/yr vs 9.17%/yr for IBCJ.DE. A 0.54 correlation means they provide meaningful diversification when combined. EL42.DE charges 0.30%/yr vs 0.74%/yr for IBCJ.DE.
Performance
EL42.DE vs. IBCJ.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 lower than IBCJ.DE's 16.30% return. Both investments have delivered pretty close results over the past 10 years, with EL42.DE having a 8.94% annualized return and IBCJ.DE not far ahead at 9.17%.
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%
IBCJ.DE
- 1D
- 0.17%
- 1M
- 1.95%
- YTD
- 16.30%
- 6M
- 26.50%
- 1Y
- 40.90%
- 3Y*
- 29.89%
- 5Y*
- 14.80%
- 10Y*
- 9.17%
EL42.DE vs. IBCJ.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% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 16.30% | 53.66% | -0.42% | 43.86% | -21.74% | 14.34% | -18.69% | -3.73% | -9.07% | 35.59% |
Correlation
The correlation between EL42.DE and IBCJ.DE is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.54 |
The correlation between EL42.DE and IBCJ.DE has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
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Return for Risk
EL42.DE vs. IBCJ.DE — Risk / Return Rank
EL42.DE
IBCJ.DE
EL42.DE vs. IBCJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI Europe UCITS ETF (EL42.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.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 | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 3.90 | -2.23 |
| Martin ratioReturn relative to average drawdown | 6.24 | 9.60 | -3.36 |
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 | IBCJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.65 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.55 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.36 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.15 | +0.45 |
Drawdowns
EL42.DE vs. IBCJ.DE - Drawdown Comparison
The maximum EL42.DE drawdown since its inception was -35.85%, smaller than the maximum IBCJ.DE drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for EL42.DE and IBCJ.DE.
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Drawdown Indicators
| EL42.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.85% | -56.11% | +20.26% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -9.96% | +0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -16.42% | -18.47% | +2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -19.44% | -47.31% | +27.87% |
Max Drawdown (10Y)Largest decline over 10 years | -35.85% | -56.11% | +20.26% |
Current DrawdownCurrent decline from peak | -1.52% | -1.16% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -19.38% | +14.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 4.05% | -1.49% |
Volatility
EL42.DE vs. IBCJ.DE - Volatility Comparison
The current volatility for Deka MSCI Europe UCITS ETF (EL42.DE) is 4.22%, while iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) has a volatility of 7.13%. This indicates that EL42.DE experiences smaller price fluctuations and is considered to be less risky than IBCJ.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 | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 7.13% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.55% | 17.61% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 23.48% | -10.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 26.72% | -12.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 25.15% | -9.59% |
EL42.DE vs. IBCJ.DE - Expense Ratio Comparison
EL42.DE has a 0.30% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.
Dividends
EL42.DE vs. IBCJ.DE - Dividend Comparison
EL42.DE's dividend yield for the trailing twelve months is around 2.15%, while IBCJ.DE has not paid dividends to shareholders.
| 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% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 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 IBCJ.DE have a correlation of 0.56, 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 0.74% for IBCJ.DE.
EL42.DE tracks MSCI Europe, while IBCJ.DE tracks MSCI Poland. They also come from different issuers: Deka and iShares. Their fees differ too: 0.30% for EL42.DE and 0.74% for IBCJ.DE.
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