EL4C.DE vs. EL4S.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and EL4S.DE (Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF) are both exchange-traded funds - EL4C.DE is a Europe Equities fund tracking the STOXX® Europe Strong Growth 20, while EL4S.DE is a European Government Bonds fund tracking the Deutsche Börse EUROGOV® Germany 1-3. Both are passively managed. Over the past 10 years, EL4C.DE returned 7.35%/yr vs -0.20%/yr for EL4S.DE. At a correlation of -0.03, they often move in opposite directions. EL4C.DE charges 0.65%/yr vs 0.15%/yr for EL4S.DE.
Performance
EL4C.DE vs. EL4S.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4C.DE achieves a 12.27% return, which is significantly higher than EL4S.DE's 0.11% return. Over the past 10 years, EL4C.DE has outperformed EL4S.DE with an annualized return of 7.35%, while EL4S.DE has yielded a comparatively lower -0.20% 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%
EL4S.DE
- 1D
- 0.02%
- 1M
- 0.06%
- YTD
- 0.11%
- 6M
- 0.17%
- 1Y
- 0.70%
- 3Y*
- 2.24%
- 5Y*
- 0.36%
- 10Y*
- -0.20%
EL4C.DE vs. EL4S.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% |
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 0.11% | 1.65% | 2.75% | 2.51% | -4.56% | -0.97% | -0.79% | -0.83% | -0.57% | -1.08% |
Correlation
The correlation between EL4C.DE and EL4S.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2009 | -0.03 |
The correlation between EL4C.DE and EL4S.DE shifts across timeframes, from -0.03 (all time) to 0.18 (1 year), 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
EL4C.DE vs. EL4S.DE — Risk / Return Rank
EL4C.DE
EL4S.DE
EL4C.DE vs. EL4S.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 Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.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 | EL4S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 0.58 | -0.25 |
| Martin ratioReturn relative to average drawdown | 0.70 | 1.87 | -1.16 |
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
| EL4C.DE | EL4S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.54 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.24 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | -0.18 | +0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | -0.30 | +0.66 |
Drawdowns
EL4C.DE vs. EL4S.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, which is greater than EL4S.DE's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and EL4S.DE.
Loading charts...
Drawdown Indicators
| EL4C.DE | EL4S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -13.04% | -37.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -1.03% | -14.17% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -1.03% | -27.04% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -5.86% | -38.62% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -9.46% | -35.02% |
Current DrawdownCurrent decline from peak | -26.07% | -6.04% | -20.03% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -5.87% | -10.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 0.32% | +6.87% |
Volatility
EL4C.DE vs. EL4S.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 7.32% compared to Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE) at 0.44%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than EL4S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4C.DE | EL4S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 0.44% | +6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 0.97% | +16.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 1.10% | +20.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 1.46% | +21.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 1.12% | +20.43% |
EL4C.DE vs. EL4S.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than EL4S.DE's 0.15% expense ratio.
Dividends
EL4C.DE vs. EL4S.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, less than EL4S.DE's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 1.48% | 1.20% | 0.83% | 0.60% | 0.88% | 0.94% | 0.78% | 1.06% | 0.99% | 1.63% | 1.46% | 1.60% |
Frequently Asked Questions
EL4C.DE and EL4S.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4S.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4S.DE is cheaper with a 0.15% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE is categorized as Europe Equities, while EL4S.DE is European Government Bonds. EL4C.DE tracks STOXX® Europe Strong Growth 20, while EL4S.DE tracks Deutsche Börse EUROGOV® Germany 1-3. Their fees differ too: 0.65% for EL4C.DE and 0.15% for EL4S.DE.
Find the right allocation for EL4C.DE and EL4S.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