PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EL4B.DE vs. EL49.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EL4B.DE vs. EL49.DE

Last updated Jun 5, 2026

EL4B.DE (Deka EURO STOXX 50 UCITS ETF) and EL49.DE (Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF) are both exchange-traded funds - EL4B.DE is a Europe Equities fund tracking the EURO STOXX® 50, while EL49.DE is a European Corporate Bonds fund tracking the iBoxx® EUR Liquid Corporates Diversified. Both are passively managed. Over the past 10 years, EL4B.DE returned 10.43%/yr vs 0.63%/yr for EL49.DE. At a 0.07 correlation, their price movements are largely independent. EL4B.DE charges 0.15%/yr vs 0.20%/yr for EL49.DE.

Performance

EL4B.DE vs. EL49.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka EURO STOXX 50 UCITS ETF (EL4B.DE) and Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EL4B.DE achieves a 7.06% return, which is significantly higher than EL49.DE's 0.49% return. Over the past 10 years, EL4B.DE has outperformed EL49.DE with an annualized return of 10.43%, while EL49.DE has yielded a comparatively lower 0.63% annualized return.

EL4B.DE

1D
0.71%
1M
1.73%
YTD
7.06%
6M
8.43%
1Y
15.56%
3Y*
15.51%
5Y*
11.39%
10Y*
10.43%

EL49.DE

1D
0.02%
1M
0.35%
YTD
0.49%
6M
0.22%
1Y
1.76%
3Y*
4.31%
5Y*
-0.16%
10Y*
0.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EL4B.DE vs. EL49.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EL4B.DE
Deka EURO STOXX 50 UCITS ETF		7.06%22.15%10.94%22.39%-8.81%23.20%-3.07%29.97%-11.84%10.41%
EL49.DE
Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF		0.49%2.66%4.06%7.13%-13.01%-1.51%1.80%5.80%-1.28%0.93%

Correlation

The correlation between EL4B.DE and EL49.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.45

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

0.30

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

0.28

Correlation (10Y)
Calculated over the trailing 10-year period

0.20

Correlation (All Time)
Calculated using the full available price history since Mar 5, 2010

0.07

Over the past year, EL4B.DE and EL49.DE have become more correlated (0.45) than their long-term average of 0.07, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Deka EURO STOXX 50 UCITS ETF

Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF

Often compared with EL4B.DE:
EL4B.DE vs. EL4A.DEEL4B.DE vs. D6RQ.DEEL4B.DE vs. EL42.DEEL4B.DE vs. EL4F.DEEL4B.DE vs. EL4S.DEEL4B.DE vs. PRAE.DEEL4B.DE vs. CEMT.DE
Often compared with EL49.DE:
EL49.DE vs. VOOEL49.DE vs. PR1C.DEEL49.DE vs. D6RP.DEEL49.DE vs. IE3E.DEEL49.DE vs. D6RQ.DEEL49.DE vs. EL4F.DEEL49.DE vs. SPPS.DE

Return for Risk

EL4B.DE vs. EL49.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EL4B.DE
EL4B.DE Risk / Return Rank: 2929
Overall Rank
EL4B.DE Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
EL4B.DE Sortino Ratio Rank: 2929
Sortino Ratio Rank
EL4B.DE Omega Ratio Rank: 2828
Omega Ratio Rank
EL4B.DE Calmar Ratio Rank: 2929
Calmar Ratio Rank
EL4B.DE Martin Ratio Rank: 3333
Martin Ratio Rank
EL49.DE
EL49.DE Risk / Return Rank: 1515
Overall Rank
EL49.DE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
EL49.DE Sortino Ratio Rank: 1414
Sortino Ratio Rank
EL49.DE Omega Ratio Rank: 1414
Omega Ratio Rank
EL49.DE Calmar Ratio Rank: 1515
Calmar Ratio Rank
EL49.DE Martin Ratio Rank: 1616
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.

EL4B.DE vs. EL49.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka EURO STOXX 50 UCITS ETF (EL4B.DE) and Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.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.

EL4B.DEEL49.DEDifference
Sharpe ratioReturn per unit of total volatility
0.98
0.36

+0.62

Sortino ratioReturn per unit of downside risk
1.54
0.57

+0.97

Omega ratioGain probability vs. loss probability

1.18

1.07

+0.11

Calmar ratioReturn relative to maximum drawdown

1.42

0.46

+0.96

Martin ratioReturn relative to average drawdown

4.84

1.52

+3.32

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EL4B.DE vs. EL49.DE - Sharpe Ratio Comparison

The current EL4B.DE Sharpe Ratio is 0.98, which is higher than the EL49.DE Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of EL4B.DE and EL49.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.

Loading charts...

Sharpe Ratios by Period

EL4B.DEEL49.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.98

0.36

+0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

-0.03

+0.68

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.12

+0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.30

0.47

-0.17

Drawdowns

EL4B.DE vs. EL49.DE - Drawdown Comparison

The maximum EL4B.DE drawdown since its inception was -52.03%, which is greater than EL49.DE's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for EL4B.DE and EL49.DE.

Loading charts...

Drawdown Indicators

EL4B.DEEL49.DEDifference

Max Drawdown

Largest peak-to-trough decline

-52.03%

-16.77%

-35.26%

Max Drawdown (1Y)

Largest decline over 1 year

-10.98%

-3.05%

-7.93%

Max Drawdown (3Y)

Largest decline over 3 years

-16.47%

-3.05%

-13.42%

Max Drawdown (5Y)

Largest decline over 5 years

-23.30%

-16.77%

-6.53%

Max Drawdown (10Y)

Largest decline over 10 years

-38.24%

-16.77%

-21.47%

Current Drawdown

Current decline from peak

-0.68%

-1.87%

+1.19%

Average Drawdown

Average peak-to-trough decline

-11.30%

-3.21%

-8.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.23%

0.92%

+2.31%

Volatility

EL4B.DE vs. EL49.DE - Volatility Comparison

Deka EURO STOXX 50 UCITS ETF (EL4B.DE) has a higher volatility of 4.94% compared to Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) at 1.28%. This indicates that EL4B.DE's price experiences larger fluctuations and is considered to be riskier than EL49.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EL4B.DEEL49.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.94%

1.28%

+3.66%

Volatility (6M)

Calculated over the trailing 6-month period

12.91%

3.42%

+9.49%

Volatility (1Y)

Calculated over the trailing 1-year period

15.90%

3.85%

+12.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.43%

4.88%

+12.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.13%

5.25%

+12.88%

EL4B.DE vs. EL49.DE - Expense Ratio Comparison

EL4B.DE has a 0.15% expense ratio, which is lower than EL49.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EL4B.DE vs. EL49.DE - Dividend Comparison

EL4B.DE's dividend yield for the trailing twelve months is around 2.19%, less than EL49.DE's 3.49% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
EL4B.DE
Deka EURO STOXX 50 UCITS ETF		2.19%2.36%2.77%2.77%2.85%2.22%2.06%3.04%4.02%3.31%3.23%3.34%

Frequently Asked Questions

EL4B.DE and EL49.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EL4B.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EL4B.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EL49.DE.

EL4B.DE is categorized as Europe Equities, while EL49.DE is European Corporate Bonds. EL4B.DE tracks EURO STOXX® 50, while EL49.DE tracks iBoxx® EUR Liquid Corporates Diversified. Their fees differ too: 0.15% for EL4B.DE and 0.20% for EL49.DE.

Portfolio Optimizer

Find the right allocation for EL4B.DE and EL49.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