EL42.DE vs. IS3H.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Deka MSCI Europe UCITS ETF (EL42.DE) and iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE).

EL42.DE and IS3H.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EL42.DE is a passively managed fund by Deka that tracks the performance of the MSCI Europe. It was launched on Jun 9, 2009. IS3H.DE is a passively managed fund by iShares that tracks the performance of the MSCI EMU Mid Cap. It was launched on Sep 13, 2013. Both EL42.DE and IS3H.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

EL42.DE vs. IS3H.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka MSCI Europe UCITS ETF (EL42.DE) and iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE). The values are adjusted to include any dividend payments, if applicable.

EL42.DE vs. IS3H.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EL42.DE Deka MSCI Europe UCITS ETF	1.49%	20.03%	7.79%	15.64%	-9.11%	24.38%	-3.36%	27.36%	-10.93%	10.10%
IS3H.DE iShares MSCI EMU Mid Cap UCITS ETF	3.90%	30.84%	11.73%	8.69%	-14.80%	15.42%	3.89%	29.25%	-15.98%	19.16%

Returns By Period

In the year-to-date period, EL42.DE achieves a 1.49% return, which is significantly lower than IS3H.DE's 3.90% return. Over the past 10 years, EL42.DE has underperformed IS3H.DE with an annualized return of 8.73%, while IS3H.DE has yielded a comparatively higher 9.19% annualized return.

EL42.DE

• 1D: -0.10%
• 1M: -0.86%
• YTD: 1.49%
• 6M: 5.88%
• 1Y: 13.89%
• 3Y*: 11.97%
• 5Y*: 9.61%
• 10Y*: 8.73%

IS3H.DE

• 1D: 0.15%
• 1M: 0.65%
• YTD: 3.90%
• 6M: 6.89%
• 1Y: 23.38%
• 3Y*: 16.18%
• 5Y*: 9.05%
• 10Y*: 9.19%

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

EL42.DE vs. IS3H.DE - Expense Ratio Comparison

EL42.DE has a 0.30% expense ratio, which is lower than IS3H.DE's 0.49% expense ratio.

IS3H.DE

iShares MSCI EMU Mid Cap UCITS ETF

EL42.DE

Deka MSCI Europe UCITS ETF

Return for Risk

EL42.DE vs. IS3H.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: 50
EL42.DE Sharpe Ratio Rank: 47
EL42.DE Sortino Ratio Rank: 42
EL42.DE Omega Ratio Rank: 48
EL42.DE Calmar Ratio Rank: 57
EL42.DE Martin Ratio Rank: 59

IS3H.DE

IS3H.DE Risk / Return Rank: 81
IS3H.DE Sharpe Ratio Rank: 79
IS3H.DE Sortino Ratio Rank: 77
IS3H.DE Omega Ratio Rank: 78
IS3H.DE Calmar Ratio Rank: 85
IS3H.DE Martin Ratio Rank: 85

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. IS3H.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 EMU Mid Cap UCITS ETF (IS3H.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	IS3H.DE	Difference
Sharpe ratio Return per unit of total volatility	0.91	1.55	-0.64
Sortino ratio Return per unit of downside risk	1.25	2.07	-0.82
Omega ratio Gain probability vs. loss probability	1.20	1.31	-0.12
Calmar ratio Return relative to maximum drawdown	1.76	3.13	-1.37
Martin ratio Return relative to average drawdown	7.05	11.55	-4.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EL42.DE vs. IS3H.DE - Sharpe Ratio Comparison

The current EL42.DE Sharpe Ratio is 0.91, which is lower than the IS3H.DE Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of EL42.DE and IS3H.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

	EL42.DE	IS3H.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	1.55	-0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.59	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.57	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.54	+0.04

Correlation

The correlation between EL42.DE and IS3H.DE is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EL42.DE vs. IS3H.DE - Dividend Comparison

EL42.DE's dividend yield for the trailing twelve months is around 2.28%, while IS3H.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EL42.DE Deka MSCI Europe UCITS ETF	2.28%	2.31%	2.64%	2.59%	2.78%	2.09%	1.94%	2.76%	3.41%	2.72%	3.00%	2.69%
IS3H.DE iShares MSCI EMU Mid Cap 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%

Drawdowns

EL42.DE vs. IS3H.DE - Drawdown Comparison

The maximum EL42.DE drawdown since its inception was -35.85%, roughly equal to the maximum IS3H.DE drawdown of -37.63%. Use the drawdown chart below to compare losses from any high point for EL42.DE and IS3H.DE.

Drawdown Indicators

	EL42.DE	IS3H.DE	Difference
Max Drawdown Largest peak-to-trough decline	-35.85%	-37.63%	+1.78%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	-9.04%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-19.44%	-26.54%	+7.10%
Max Drawdown (10Y) Largest decline over 10 years	-35.85%	-37.63%	+1.78%
Current Drawdown Current decline from peak	-5.44%	-3.47%	-1.97%
Average Drawdown Average peak-to-trough decline	-5.35%	-6.41%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	2.20%	+0.19%

Volatility

EL42.DE vs. IS3H.DE - Volatility Comparison

Deka MSCI Europe UCITS ETF (EL42.DE) and iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) have volatilities of 5.68% and 5.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EL42.DE	IS3H.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	5.77%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.03%	9.04%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.14%	15.00%	+0.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.04%	15.24%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.52%	16.12%	-0.60%