EL4C.DE vs. ELFW.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and ELFW.DE (Deka MSCI World UCITS ETF Dist) are both exchange-traded funds - EL4C.DE is a Europe Equities fund tracking the STOXX® Europe Strong Growth 20, while ELFW.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 5 years, EL4C.DE returned -2.09%/yr vs 12.52%/yr for ELFW.DE. A 0.69 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.31%/yr for ELFW.DE.
Performance
EL4C.DE vs. ELFW.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 higher than ELFW.DE's 10.68% 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%
ELFW.DE
- 1D
- -0.02%
- 1M
- 3.61%
- YTD
- 10.68%
- 6M
- 10.77%
- 1Y
- 23.36%
- 3Y*
- 17.24%
- 5Y*
- 12.52%
- 10Y*
- —
EL4C.DE vs. ELFW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -21.74% |
ELFW.DE Deka MSCI World UCITS ETF Dist | 10.68% | 7.57% | 25.71% | 19.97% | -14.02% | 31.88% | 5.44% | 30.74% | -11.82% |
Correlation
The correlation between EL4C.DE and ELFW.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2018 | 0.69 |
The correlation between EL4C.DE and ELFW.DE has been stable across timeframes, ranging from 0.69 to 0.69 - a consistent structural relationship.
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Return for Risk
EL4C.DE vs. ELFW.DE — Risk / Return Rank
EL4C.DE
ELFW.DE
EL4C.DE vs. ELFW.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 MSCI World UCITS ETF Dist (ELFW.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 | ELFW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.39 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 3.49 | -3.16 |
| Martin ratioReturn relative to average drawdown | 0.70 | 14.07 | -13.37 |
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 | ELFW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 2.09 | -1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.87 | -0.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.77 | -0.42 |
Drawdowns
EL4C.DE vs. ELFW.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, which is greater than ELFW.DE's maximum drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and ELFW.DE.
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Drawdown Indicators
| EL4C.DE | ELFW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -33.59% | -16.54% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -6.68% | -8.52% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -21.81% | -6.26% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -21.81% | -22.67% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | — | — |
Current DrawdownCurrent decline from peak | -26.07% | -0.35% | -25.72% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -4.73% | -11.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 1.66% | +5.53% |
Volatility
EL4C.DE vs. ELFW.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 7.32% compared to Deka MSCI World UCITS ETF Dist (ELFW.DE) at 2.60%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than ELFW.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 | ELFW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 2.60% | +4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 7.74% | +9.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 11.14% | +10.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 14.15% | +8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 16.07% | +5.48% |
EL4C.DE vs. ELFW.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than ELFW.DE's 0.31% expense ratio.
Dividends
EL4C.DE vs. ELFW.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, less than ELFW.DE's 0.89% 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% |
ELFW.DE Deka MSCI World UCITS ETF Dist | 0.89% | 1.01% | 1.04% | 1.37% | 1.65% | 0.96% | 1.29% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EL4C.DE and ELFW.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFW.DE is cheaper at 0.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFW.DE is cheaper with a 0.31% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE is categorized as Europe Equities, while ELFW.DE is Global Equities. EL4C.DE tracks STOXX® Europe Strong Growth 20, while ELFW.DE tracks MSCI World. Their fees differ too: 0.65% for EL4C.DE and 0.31% for ELFW.DE.
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