EL49.DE vs. ELFF.DE
EL49.DE (Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF) and ELFF.DE (Deka Euro Corporates 0-3 Liquid UCITS ETF ) are both European Corporate Bonds funds from Deka - EL49.DE tracks the iBoxx® EUR Liquid Corporates Diversified while ELFF.DE tracks the Solactive Euro Corporates 0-3 Year Liquid EUR. Both are passively managed. Over the past 5 years, EL49.DE returned -0.16%/yr vs 1.31%/yr for ELFF.DE. At a 0.45 correlation, their price movements are largely independent. EL49.DE charges 0.20%/yr vs 0.15%/yr for ELFF.DE.
Performance
EL49.DE vs. ELFF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL49.DE achieves a 0.49% return, which is significantly higher than ELFF.DE's 0.40% return.
EL49.DE
- 1D
- 0.02%
- 1M
- 0.71%
- YTD
- 0.49%
- 6M
- 0.04%
- 1Y
- 1.39%
- 3Y*
- 4.31%
- 5Y*
- -0.16%
- 10Y*
- 0.63%
ELFF.DE
- 1D
- 0.13%
- 1M
- 0.34%
- YTD
- 0.40%
- 6M
- 0.52%
- 1Y
- 1.47%
- 3Y*
- 3.30%
- 5Y*
- 1.31%
- 10Y*
- —
EL49.DE vs. ELFF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EL49.DE Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF | 0.49% | 2.66% | 4.06% | 7.13% | -13.01% | -1.51% | 1.80% | -1.09% |
ELFF.DE Deka Euro Corporates 0-3 Liquid UCITS ETF | 0.40% | 2.75% | 3.74% | 3.68% | -3.53% | -0.57% | 0.22% | -0.33% |
Correlation
The correlation between EL49.DE and ELFF.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2019 | 0.45 |
The correlation between EL49.DE and ELFF.DE shifts across timeframes, from 0.45 (all time) to 0.58 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EL49.DE vs. ELFF.DE — Risk / Return Rank
EL49.DE
ELFF.DE
EL49.DE vs. ELFF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) and Deka Euro Corporates 0-3 Liquid UCITS ETF (ELFF.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.
| EL49.DE | ELFF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.17 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 0.90 | -0.44 |
| Martin ratioReturn relative to average drawdown | 1.52 | 2.57 | -1.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EL49.DE | ELFF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 0.86 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.76 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.56 | -0.09 |
Drawdowns
EL49.DE vs. ELFF.DE - Drawdown Comparison
The maximum EL49.DE drawdown since its inception was -16.77%, which is greater than ELFF.DE's maximum drawdown of -4.95%. Use the drawdown chart below to compare losses from any high point for EL49.DE and ELFF.DE.
Loading charts...
Drawdown Indicators
| EL49.DE | ELFF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.77% | -4.95% | -11.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -1.64% | -1.41% |
Max Drawdown (3Y)Largest decline over 3 years | -3.05% | -1.64% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -16.77% | -4.60% | -12.17% |
Max Drawdown (10Y)Largest decline over 10 years | -16.77% | — | — |
Current DrawdownCurrent decline from peak | -1.87% | -0.72% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -1.25% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.57% | +0.35% |
Volatility
EL49.DE vs. ELFF.DE - Volatility Comparison
Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) has a higher volatility of 1.28% compared to Deka Euro Corporates 0-3 Liquid UCITS ETF (ELFF.DE) at 0.54%. This indicates that EL49.DE's price experiences larger fluctuations and is considered to be riskier than ELFF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL49.DE | ELFF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 0.54% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 3.42% | 1.51% | +1.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 1.72% | +2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.88% | 1.70% | +3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 1.62% | +3.63% |
EL49.DE vs. ELFF.DE - Expense Ratio Comparison
EL49.DE has a 0.20% expense ratio, which is higher than ELFF.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%.
Dividends
EL49.DE vs. ELFF.DE - Dividend Comparison
EL49.DE's dividend yield for the trailing twelve months is around 3.49%, more than ELFF.DE's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL49.DE Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF | 3.49% | 3.50% | 3.24% | 3.04% | 0.75% | 0.69% | 0.69% | 0.88% | 0.75% | 1.15% | 1.52% | 1.82% |
ELFF.DE Deka Euro Corporates 0-3 Liquid UCITS ETF | 1.49% | 2.67% | 1.53% | 1.48% | 1.41% | 1.99% | 1.55% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EL49.DE and ELFF.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFF.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFF.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EL49.DE.
EL49.DE tracks iBoxx® EUR Liquid Corporates Diversified, while ELFF.DE tracks Solactive Euro Corporates 0-3 Year Liquid EUR. Their fees differ too: 0.20% for EL49.DE and 0.15% for ELFF.DE.
Find the right allocation for EL49.DE and ELFF.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer