EL49.DE vs. VECA.DE
EL49.DE (Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF) and VECA.DE (Vanguard EUR Corporate Bond UCITS ETF Accumulating) are both European Corporate Bonds funds - EL49.DE tracks the iBoxx® EUR Liquid Corporates Diversified while VECA.DE tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, EL49.DE returned -0.16%/yr vs 0.09%/yr for VECA.DE. Their correlation of 0.80 suggests significant overlap in exposure. EL49.DE charges 0.20%/yr vs 0.09%/yr for VECA.DE.
Performance
EL49.DE vs. VECA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL49.DE achieves a 0.49% return, which is significantly lower than VECA.DE's 0.53% 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%
VECA.DE
- 1D
- 0.10%
- 1M
- 0.30%
- YTD
- 0.53%
- 6M
- 0.60%
- 1Y
- 2.10%
- 3Y*
- 4.55%
- 5Y*
- 0.09%
- 10Y*
- —
EL49.DE vs. VECA.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% | 3.64% |
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating | 0.53% | 2.98% | 4.38% | 7.53% | -13.48% | -1.05% | 2.50% | 4.88% |
Correlation
The correlation between EL49.DE and VECA.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019 | 0.80 |
The correlation between EL49.DE and VECA.DE has been stable across timeframes, ranging from 0.80 to 0.86 - a consistent structural relationship.
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. VECA.DE — Risk / Return Rank
EL49.DE
VECA.DE
EL49.DE vs. VECA.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 Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.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 | VECA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.11 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 0.69 | -0.23 |
| Martin ratioReturn relative to average drawdown | 1.52 | 2.35 | -0.83 |
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 | VECA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 0.56 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.02 | -0.05 |
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 | 0.19 | +0.28 |
Drawdowns
EL49.DE vs. VECA.DE - Drawdown Comparison
The maximum EL49.DE drawdown since its inception was -16.77%, roughly equal to the maximum VECA.DE drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for EL49.DE and VECA.DE.
Loading charts...
Drawdown Indicators
| EL49.DE | VECA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.77% | -17.21% | +0.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -2.63% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -3.05% | -2.63% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -16.77% | -17.21% | +0.44% |
Max Drawdown (10Y)Largest decline over 10 years | -16.77% | — | — |
Current DrawdownCurrent decline from peak | -1.87% | -0.99% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -5.14% | +1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.77% | +0.15% |
Volatility
EL49.DE vs. VECA.DE - Volatility Comparison
Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) has a higher volatility of 1.28% compared to Vanguard EUR Corporate Bond UCITS ETF Accumulating (VECA.DE) at 1.20%. This indicates that EL49.DE's price experiences larger fluctuations and is considered to be riskier than VECA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL49.DE | VECA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 1.20% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.42% | 2.78% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 3.22% | +0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.88% | 4.48% | +0.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.25% | 4.72% | +0.53% |
EL49.DE vs. VECA.DE - Expense Ratio Comparison
EL49.DE has a 0.20% expense ratio, which is higher than VECA.DE's 0.09% 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. VECA.DE - Dividend Comparison
EL49.DE's dividend yield for the trailing twelve months is around 3.49%, while VECA.DE has not paid dividends to shareholders.
| 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% |
VECA.DE Vanguard EUR Corporate Bond UCITS ETF Accumulating | 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
EL49.DE and VECA.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VECA.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VECA.DE is cheaper with a 0.09% expense ratio, compared with 0.20% for EL49.DE.
EL49.DE tracks iBoxx® EUR Liquid Corporates Diversified, while VECA.DE tracks Bloomberg Euro Corp TR EUR. They also come from different issuers: Deka and Vanguard. Their fees differ too: 0.20% for EL49.DE and 0.09% for VECA.DE.
Find the right allocation for EL49.DE and VECA.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