EL4C.DE vs. IBCJ.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 10 years, EL4C.DE returned 7.35%/yr vs 9.17%/yr for IBCJ.DE. At a 0.38 correlation, their price movements are largely independent. EL4C.DE charges 0.65%/yr vs 0.74%/yr for IBCJ.DE.
Performance
EL4C.DE vs. IBCJ.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 IBCJ.DE's 16.30% return. Over the past 10 years, EL4C.DE has underperformed IBCJ.DE with an annualized return of 7.35%, while IBCJ.DE has yielded a comparatively higher 9.17% 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%
IBCJ.DE
- 1D
- 0.17%
- 1M
- 1.95%
- YTD
- 16.30%
- 6M
- 26.50%
- 1Y
- 40.90%
- 3Y*
- 29.89%
- 5Y*
- 14.80%
- 10Y*
- 9.17%
EL4C.DE vs. IBCJ.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% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 16.30% | 53.66% | -0.42% | 43.86% | -21.74% | 14.34% | -18.69% | -3.73% | -9.07% | 35.59% |
Correlation
The correlation between EL4C.DE and IBCJ.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011 | 0.38 |
The correlation between EL4C.DE and IBCJ.DE shifts across timeframes, from 0.38 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EL4C.DE vs. IBCJ.DE — Risk / Return Rank
EL4C.DE
IBCJ.DE
EL4C.DE vs. IBCJ.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 MSCI Poland UCITS ETF USD (Acc) (IBCJ.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 | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.28 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 3.90 | -3.56 |
| Martin ratioReturn relative to average drawdown | 0.70 | 9.60 | -8.89 |
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 | IBCJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 1.65 | -1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.55 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.36 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.15 | +0.21 |
Drawdowns
EL4C.DE vs. IBCJ.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -50.13%, smaller than the maximum IBCJ.DE drawdown of -56.11%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and IBCJ.DE.
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Drawdown Indicators
| EL4C.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -56.11% | +5.98% |
Max Drawdown (1Y)Largest decline over 1 year | -15.20% | -9.96% | -5.24% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -18.47% | -9.60% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -47.31% | +2.83% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | -56.11% | +11.63% |
Current DrawdownCurrent decline from peak | -26.07% | -1.16% | -24.91% |
Average DrawdownAverage peak-to-trough decline | -16.08% | -19.38% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 4.05% | +3.14% |
Volatility
EL4C.DE vs. IBCJ.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) have volatilities of 7.32% and 7.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4C.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 7.13% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 17.65% | 17.61% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.87% | 23.48% | -1.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.58% | 26.72% | -4.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 25.15% | -3.60% |
EL4C.DE vs. IBCJ.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is lower than IBCJ.DE's 0.74% expense ratio.
Dividends
EL4C.DE vs. IBCJ.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.79%, while IBCJ.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% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (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 IBCJ.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4C.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4C.DE is cheaper with a 0.65% expense ratio, compared with 0.74% for IBCJ.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while IBCJ.DE tracks MSCI Poland. They also come from different issuers: Deka and iShares. Their fees differ too: 0.65% for EL4C.DE and 0.74% for IBCJ.DE.
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