EL4C.DE vs. EL4X.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and EL4X.DE (Deka DAXplus Maximum Dividend UCITS ETF) are both Europe Equities funds from Deka - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while EL4X.DE tracks the DAXplus® Maximum Dividend. Both are passively managed. Over the past 10 years, EL4C.DE returned 8.09%/yr vs 3.27%/yr for EL4X.DE. A 0.64 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.30%/yr for EL4X.DE.
Performance
EL4C.DE vs. EL4X.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4C.DE achieves a 10.64% return, which is significantly higher than EL4X.DE's 6.52% return. Over the past 10 years, EL4C.DE has outperformed EL4X.DE with an annualized return of 8.09%, while EL4X.DE has yielded a comparatively lower 3.27% annualized return.
EL4C.DE
- 1D
- 0.11%
- 1M
- -3.93%
- YTD
- 10.64%
- 6M
- 11.52%
- 1Y
- 3.98%
- 3Y*
- 2.02%
- 5Y*
- -3.48%
- 10Y*
- 8.09%
EL4X.DE
- 1D
- 0.44%
- 1M
- -1.28%
- YTD
- 6.52%
- 6M
- 7.70%
- 1Y
- 8.71%
- 3Y*
- 9.77%
- 5Y*
- 2.63%
- 10Y*
- 3.27%
EL4C.DE vs. EL4X.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 | 10.64% | -3.32% | -6.07% | 15.55% | -36.03% | 26.23% | 24.95% | 48.03% | -5.01% | 21.71% |
EL4X.DE Deka DAXplus Maximum Dividend UCITS ETF | 6.52% | 14.14% | -1.45% | 26.37% | -20.07% | 9.05% | -2.95% | 11.71% | -18.87% | 5.70% |
Correlation
The correlation between EL4C.DE and EL4X.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2009 | 0.64 |
The correlation between EL4C.DE and EL4X.DE shifts across timeframes, from 0.52 (1 year) to 0.64 (all time), 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. EL4X.DE — Risk / Return Rank
EL4C.DE
EL4X.DE
EL4C.DE vs. EL4X.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 DAXplus Maximum Dividend UCITS ETF (EL4X.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EL4C.DE | EL4X.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.11 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.28 | 0.88 | -0.60 |
| Martin ratioReturn relative to average drawdown | 0.60 | 1.89 | -1.29 |
Loading charts...
Drawdowns
EL4C.DE vs. EL4X.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -49.78%, smaller than the maximum EL4X.DE drawdown of -52.91%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and EL4X.DE.
Loading charts...
Drawdown Indicators
| EL4C.DE | EL4X.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.78% | -52.91% | +3.13% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -9.87% | -4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -16.60% | -11.47% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -34.51% | -9.97% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -52.91% | +8.43% |
Current DrawdownCurrent decline from peak | -27.14% | -2.41% | -24.73% |
Average DrawdownAverage peak-to-trough decline | -16.64% | -12.10% | -4.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.66% | 4.60% | +2.06% |
Volatility
EL4C.DE vs. EL4X.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 5.67% compared to Deka DAXplus Maximum Dividend UCITS ETF (EL4X.DE) at 4.66%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than EL4X.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4C.DE | EL4X.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.67% | 4.66% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.94% | 12.17% | +5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.11% | 15.36% | +6.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.63% | 16.91% | +5.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.14% | 18.10% | +3.04% |
EL4C.DE vs. EL4X.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than EL4X.DE's 0.30% expense ratio.
Dividends
EL4C.DE vs. EL4X.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.88%, less than EL4X.DE's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 0.88% | 0.79% | 0.67% | 0.42% | 4.57% | 0.00% | 0.00% | 0.00% | 0.21% | 0.16% | 0.24% | 0.17% |
EL4X.DE Deka DAXplus Maximum Dividend UCITS ETF | 4.71% | 5.11% | 7.17% | 5.99% | 8.64% | 3.83% | 2.89% | 6.66% | 8.48% | 7.17% | 7.37% | 5.62% |
Frequently Asked Questions
EL4C.DE and EL4X.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4X.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4X.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while EL4X.DE tracks DAXplus® Maximum Dividend. Their fees differ too: 0.65% for EL4C.DE and 0.30% for EL4X.DE.
Find the right allocation for EL4C.DE and EL4X.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