EL4B.DE vs. EL4G.DE

Last updated Jun 5, 2026

EL4B.DE (Deka EURO STOXX 50 UCITS ETF) and EL4G.DE (Deka EURO STOXX Select Dividend 30 UCITS ETF) are both Europe Equities funds from Deka - EL4B.DE tracks the EURO STOXX® 50 while EL4G.DE tracks the EURO STOXX® Select Dividend 30. Both are passively managed. Over the past 10 years, EL4B.DE returned 10.43%/yr vs 7.22%/yr for EL4G.DE. A 0.79 correlation means they provide meaningful diversification when combined. EL4B.DE charges 0.15%/yr vs 0.30%/yr for EL4G.DE.

Performance

EL4B.DE vs. EL4G.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 EURO STOXX Select Dividend 30 UCITS ETF (EL4G.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EL4B.DE achieves a 7.06% return, which is significantly lower than EL4G.DE's 7.82% return. Over the past 10 years, EL4B.DE has outperformed EL4G.DE with an annualized return of 10.43%, while EL4G.DE has yielded a comparatively lower 7.22% 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%

EL4G.DE

• 1D: 0.34%
• 1M: 1.11%
• YTD: 7.82%
• 6M: 10.85%
• 1Y: 20.67%
• 3Y*: 19.84%
• 5Y*: 9.08%
• 10Y*: 7.22%

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

EL4B.DE vs. EL4G.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF	7.82%	42.41%	7.70%	4.13%	-12.83%	23.11%	-18.16%	22.50%	-11.36%	9.45%

Correlation

The correlation between EL4B.DE and EL4G.DE is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jul 14, 2008	0.79

The correlation between EL4B.DE and EL4G.DE has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.

Return for Risk

EL4B.DE vs. EL4G.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: 29
EL4B.DE Sharpe Ratio Rank: 28
EL4B.DE Sortino Ratio Rank: 29
EL4B.DE Omega Ratio Rank: 28
EL4B.DE Calmar Ratio Rank: 29
EL4B.DE Martin Ratio Rank: 33

EL4G.DE

EL4G.DE Risk / Return Rank: 53
EL4G.DE Sharpe Ratio Rank: 54
EL4G.DE Sortino Ratio Rank: 53
EL4G.DE Omega Ratio Rank: 56
EL4G.DE Calmar Ratio Rank: 55
EL4G.DE Martin Ratio Rank: 50

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. EL4G.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 EURO STOXX Select Dividend 30 UCITS ETF (EL4G.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.DE	EL4G.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.98	1.82	-0.84
Sortino ratio: Return per unit of downside risk	1.54	2.52	-0.97
Omega ratio: Gain probability vs. loss probability	1.18	1.34	-0.15
Calmar ratio: Return relative to maximum drawdown	1.42	2.67	-1.25
Martin ratio: Return relative to average drawdown	4.84	8.37	-3.53
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. EL4G.DE - Sharpe Ratio Comparison

The current EL4B.DE Sharpe Ratio is 0.98, which is lower than the EL4G.DE Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of EL4B.DE and EL4G.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.

Sharpe Ratios by Period

	EL4B.DE	EL4G.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	1.82	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.62	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.42	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.28	+0.02

Drawdowns

EL4B.DE vs. EL4G.DE - Drawdown Comparison

The maximum EL4B.DE drawdown since its inception was -52.03%, smaller than the maximum EL4G.DE drawdown of -55.57%. Use the drawdown chart below to compare losses from any high point for EL4B.DE and EL4G.DE.

Drawdown Indicators

	EL4B.DE	EL4G.DE	Difference
Max Drawdown Largest peak-to-trough decline	-52.03%	-55.57%	+3.54%
Max Drawdown (1Y) Largest decline over 1 year	-10.98%	-7.86%	-3.12%
Max Drawdown (3Y) Largest decline over 3 years	-16.47%	-12.71%	-3.76%
Max Drawdown (5Y) Largest decline over 5 years	-23.30%	-24.15%	+0.85%
Max Drawdown (10Y) Largest decline over 10 years	-38.24%	-42.41%	+4.17%
Current Drawdown Current decline from peak	-0.68%	-1.41%	+0.73%
Average Drawdown Average peak-to-trough decline	-11.30%	-10.93%	-0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	2.51%	+0.72%

Volatility

EL4B.DE vs. EL4G.DE - Volatility Comparison

Deka EURO STOXX 50 UCITS ETF (EL4B.DE) has a higher volatility of 4.94% compared to Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G.DE) at 3.32%. This indicates that EL4B.DE's price experiences larger fluctuations and is considered to be riskier than EL4G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EL4B.DE	EL4G.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.94%	3.32%	+1.62%
Volatility (6M) Calculated over the trailing 6-month period	12.91%	9.37%	+3.54%
Volatility (1Y) Calculated over the trailing 1-year period	15.90%	11.55%	+4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	14.54%	+2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.13%	17.09%	+1.04%

EL4B.DE vs. EL4G.DE - Expense Ratio Comparison

EL4B.DE has a 0.15% expense ratio, which is lower than EL4G.DE's 0.30% expense ratio.

Dividends

EL4B.DE vs. EL4G.DE - Dividend Comparison

EL4B.DE's dividend yield for the trailing twelve months is around 2.19%, less than EL4G.DE's 4.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF	4.04%	4.38%	5.65%	5.82%	5.35%	3.31%	3.69%	4.67%	4.94%	3.53%	3.83%	3.81%

Frequently Asked Questions

Can I hold both EL4B.DE and EL4G.DE in my portfolio?

EL4B.DE and EL4G.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EL4B.DE or EL4G.DE?

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.

Which ETF is cheaper, EL4B.DE or EL4G.DE?

EL4B.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for EL4G.DE.

What is the main difference between EL4B.DE and EL4G.DE?

EL4B.DE tracks EURO STOXX® 50, while EL4G.DE tracks EURO STOXX® Select Dividend 30. Their fees differ too: 0.15% for EL4B.DE and 0.30% for EL4G.DE.