EL4C.DE vs. EXS2.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 10 years, EL4C.DE returned 7.35%/yr vs 9.01%/yr for EXS2.DE. A 0.57 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.51%/yr for EXS2.DE.
Performance
EL4C.DE vs. EXS2.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 EXS2.DE's 15.70% return. Over the past 10 years, EL4C.DE has underperformed EXS2.DE with an annualized return of 7.35%, while EXS2.DE has yielded a comparatively higher 9.01% 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%
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.24%
- YTD
- 15.70%
- 6M
- 16.12%
- 1Y
- 5.55%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
EL4C.DE vs. EXS2.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% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 22.25% | -3.77% | 39.90% |
Correlation
The correlation between EL4C.DE and EXS2.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2008 | 0.57 |
The correlation between EL4C.DE and EXS2.DE shifts across timeframes, from 0.57 (all time) to 0.82 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EL4C.DE vs. EXS2.DE — Risk / Return Rank
EL4C.DE
EXS2.DE
EL4C.DE vs. EXS2.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 TecDAX UCITS ETF (DE) (EXS2.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 | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.07 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 0.40 | -0.07 |
| Martin ratioReturn relative to average drawdown | 0.70 | 0.80 | -0.10 |
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 | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.36 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.20 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.46 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.14 | +0.22 |
Drawdowns
EL4C.DE vs. EXS2.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and EXS2.DE.
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Drawdown Indicators
| EL4C.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -84.49% | +34.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -16.12% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -17.93% | -10.14% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -34.97% | -9.51% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -34.97% | -9.51% |
Current DrawdownCurrent decline from peak | -26.07% | -0.81% | -25.26% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -39.46% | +23.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 8.07% | -0.88% |
Volatility
EL4C.DE vs. EXS2.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 7.32% compared to iShares TecDAX UCITS ETF (DE) (EXS2.DE) at 5.29%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than EXS2.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 | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 5.29% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 14.25% | +3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 17.83% | +4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 18.80% | +3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 19.47% | +2.08% |
EL4C.DE vs. EXS2.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than EXS2.DE's 0.51% expense ratio.
Dividends
EL4C.DE vs. EXS2.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, while EXS2.DE has not paid dividends to shareholders.
| 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% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
Frequently Asked Questions
EL4C.DE and EXS2.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXS2.DE is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXS2.DE is cheaper with a 0.51% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while EXS2.DE tracks TecDAX®. They also come from different issuers: Deka and iShares. Their fees differ too: 0.65% for EL4C.DE and 0.51% for EXS2.DE.
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