EL4C.DE vs. H4ZA.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and H4ZA.DE (HSBC EURO STOXX 50 UCITS ETF EUR) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while H4ZA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, EL4C.DE returned 7.35%/yr vs 10.80%/yr for H4ZA.DE. A 0.54 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.05%/yr for H4ZA.DE.
Performance
EL4C.DE vs. H4ZA.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 H4ZA.DE's 7.24% return. Over the past 10 years, EL4C.DE has underperformed H4ZA.DE with an annualized return of 7.35%, while H4ZA.DE has yielded a comparatively higher 10.80% 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%
H4ZA.DE
- 1D
- 0.77%
- 1M
- 1.94%
- YTD
- 7.24%
- 6M
- 8.59%
- 1Y
- 15.63%
- 3Y*
- 16.60%
- 5Y*
- 12.12%
- 10Y*
- 10.80%
EL4C.DE vs. H4ZA.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% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 7.24% | 22.26% | 13.81% | 22.59% | -8.87% | 23.72% | -2.73% | 30.07% | -11.96% | 10.07% |
Correlation
The correlation between EL4C.DE and H4ZA.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2010 | 0.54 |
The correlation between EL4C.DE and H4ZA.DE shifts across timeframes, from 0.54 (all time) to 0.79 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
EL4C.DE vs. H4ZA.DE — Risk / Return Rank
EL4C.DE
H4ZA.DE
EL4C.DE vs. H4ZA.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 HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.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 | H4ZA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 1.43 | -1.10 |
| Martin ratioReturn relative to average drawdown | 0.70 | 4.85 | -4.14 |
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 | H4ZA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.98 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.69 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.59 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.41 | -0.05 |
Drawdowns
EL4C.DE vs. H4ZA.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, which is greater than H4ZA.DE's maximum drawdown of -38.41%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and H4ZA.DE.
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Drawdown Indicators
| EL4C.DE | H4ZA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -38.41% | -11.72% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -10.97% | -4.23% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -16.40% | -11.67% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -23.26% | -21.22% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -38.41% | -6.07% |
Current DrawdownCurrent decline from peak | -26.07% | -0.50% | -25.57% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -7.84% | -8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 3.24% | +3.95% |
Volatility
EL4C.DE vs. H4ZA.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 7.32% compared to HSBC EURO STOXX 50 UCITS ETF EUR (H4ZA.DE) at 4.95%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than H4ZA.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 | H4ZA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 4.95% | +2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 12.99% | +4.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 15.99% | +5.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 17.50% | +5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 18.17% | +3.38% |
EL4C.DE vs. H4ZA.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than H4ZA.DE's 0.05% expense ratio.
Dividends
EL4C.DE vs. H4ZA.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, less than H4ZA.DE's 2.44% 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% |
H4ZA.DE HSBC EURO STOXX 50 UCITS ETF EUR | 2.44% | 2.49% | 5.35% | 2.93% | 2.94% | 1.94% | 2.06% | 2.84% | 3.55% | 2.73% | 2.85% | 2.70% |
Frequently Asked Questions
EL4C.DE and H4ZA.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZA.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZA.DE is cheaper with a 0.05% expense ratio, compared with 0.65% for EL4C.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while H4ZA.DE tracks EURO STOXX® 50. They also come from different issuers: Deka and HSBC. Their fees differ too: 0.65% for EL4C.DE and 0.05% for H4ZA.DE.
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