EL4C.DE vs. CEMS.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while CEMS.DE tracks the MSCI Europe Enhanced Value. Both are passively managed. Over the past 10 years, EL4C.DE returned 7.35%/yr vs 10.71%/yr for CEMS.DE. A 0.52 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.25%/yr for CEMS.DE.
Performance
EL4C.DE vs. CEMS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4C.DE achieves a 12.27% return, which is significantly lower than CEMS.DE's 13.72% return. Over the past 10 years, EL4C.DE has underperformed CEMS.DE with an annualized return of 7.35%, while CEMS.DE has yielded a comparatively higher 10.71% annualized return.
EL4C.DE
- 1D
- 0.62%
- 1M
- -1.94%
- YTD
- 12.27%
- 6M
- 13.80%
- 1Y
- 4.48%
- 3Y*
- 1.76%
- 5Y*
- -2.09%
- 10Y*
- 7.35%
CEMS.DE
- 1D
- 0.10%
- 1M
- 2.64%
- YTD
- 13.72%
- 6M
- 16.98%
- 1Y
- 32.08%
- 3Y*
- 21.63%
- 5Y*
- 14.47%
- 10Y*
- 10.71%
EL4C.DE vs. CEMS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 12.27% | -3.34% | -6.07% | 15.53% | -35.98% | 26.15% | 24.97% | 48.01% | -5.01% | 21.71% |
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 26.62% | -8.86% | 23.48% | -14.04% | 10.16% |
Correlation
The correlation between EL4C.DE and CEMS.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.52 |
The correlation between EL4C.DE and CEMS.DE has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
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Return for Risk
EL4C.DE vs. CEMS.DE — Risk / Return Rank
EL4C.DE
CEMS.DE
EL4C.DE vs. CEMS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) and iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.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.
| EL4C.DE | CEMS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.76 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.43 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 3.29 | -2.96 |
| Martin ratioReturn relative to average drawdown | 0.70 | 12.37 | -11.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EL4C.DE | CEMS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 2.37 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.94 | -1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.61 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.49 | -0.13 |
Drawdowns
EL4C.DE vs. CEMS.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, which is greater than CEMS.DE's maximum drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and CEMS.DE.
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Drawdown Indicators
| EL4C.DE | CEMS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -40.20% | -9.93% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -9.99% | -5.21% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -17.57% | -10.50% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -19.55% | -24.93% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -40.20% | -4.28% |
Current DrawdownCurrent decline from peak | -26.07% | -1.26% | -24.81% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -7.49% | -8.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 2.66% | +4.53% |
Volatility
EL4C.DE vs. CEMS.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 7.32% compared to iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) at 4.65%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than CEMS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4C.DE | CEMS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 4.65% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 11.17% | +6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 13.87% | +8.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 15.23% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 17.43% | +4.12% |
EL4C.DE vs. CEMS.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than CEMS.DE's 0.25% expense ratio.
Dividends
EL4C.DE vs. CEMS.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, while CEMS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor 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% |
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 0.79% | 0.79% | 0.67% | 0.42% | 4.57% | 0.00% | 0.00% | 0.00% | 0.21% | 0.16% | 0.24% | 0.17% |
Frequently Asked Questions
EL4C.DE and CEMS.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMS.DE is cheaper with a 0.25% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while CEMS.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: Deka and iShares. Their fees differ too: 0.65% for EL4C.DE and 0.25% for CEMS.DE.
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