EL4C.DE vs. H4ZZ.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and H4ZZ.DE (HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while H4ZZ.DE tracks the EURO STOXX 50. Both are passively managed. Over the past year, EL4C.DE returned 2.55% vs 21.69% for H4ZZ.DE. A 0.79 correlation means they provide meaningful diversification when combined. EL4C.DE charges 0.65%/yr vs 0.05%/yr for H4ZZ.DE.
Performance
EL4C.DE vs. H4ZZ.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with EL4C.DE having a 9.22% return and H4ZZ.DE slightly higher at 9.44%.
EL4C.DE
- 1D
- -1.29%
- 1M
- -3.81%
- YTD
- 9.22%
- 6M
- 10.08%
- 1Y
- 2.55%
- 3Y*
- 1.77%
- 5Y*
- -4.64%
- 10Y*
- 7.13%
H4ZZ.DE
- 1D
- -0.68%
- 1M
- 2.65%
- YTD
- 9.44%
- 6M
- 10.41%
- 1Y
- 21.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EL4C.DE vs. H4ZZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 9.22% | -3.32% | -5.52% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 9.44% | 22.35% | -2.42% |
Correlation
The correlation between EL4C.DE and H4ZZ.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 (All Time) Calculated using the full available price history since Jun 3, 2024 | 0.79 |
The correlation between EL4C.DE and H4ZZ.DE has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.
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. H4ZZ.DE — Risk / Return Rank
EL4C.DE
H4ZZ.DE
EL4C.DE vs. H4ZZ.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 (Acc) (H4ZZ.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 | H4ZZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.25 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.97 | -1.80 |
| Martin ratioReturn relative to average drawdown | 0.38 | 6.84 | -6.46 |
Loading charts...
Drawdowns
EL4C.DE vs. H4ZZ.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -49.78%, which is greater than H4ZZ.DE's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and H4ZZ.DE.
Loading charts...
Drawdown Indicators
| EL4C.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.78% | -16.46% | -33.32% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -10.94% | -3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -28.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -46.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.76% | — | — |
Current DrawdownCurrent decline from peak | -31.42% | -1.50% | -29.92% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -2.66% | -14.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.56% | 3.16% | +3.40% |
Volatility
EL4C.DE vs. H4ZZ.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 5.71% compared to HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.DE) at 3.61%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than H4ZZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4C.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.71% | 3.61% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 17.99% | 13.19% | +4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 15.96% | +6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.72% | 16.80% | +5.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.16% | 16.80% | +4.36% |
EL4C.DE vs. H4ZZ.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is higher than H4ZZ.DE's 0.05% expense ratio.
Dividends
EL4C.DE vs. H4ZZ.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.90%, while H4ZZ.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 | 0.90% | 0.79% | 0.38% | 0.15% | 0.02% | 0.00% | 0.00% | 0.00% | 0.21% | 0.00% | 0.00% | 0.17% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EL4C.DE and H4ZZ.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, H4ZZ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZZ.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 H4ZZ.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 H4ZZ.DE.
Find the right allocation for EL4C.DE and H4ZZ.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