EL4C.DE vs. SLQX.DE
EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) and SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) are both Europe Equities funds - EL4C.DE tracks the STOXX® Europe Strong Growth 20 while SLQX.DE tracks the SBI TOP Index. Both are passively managed. Over the past 5 years, EL4C.DE returned -4.67%/yr vs 23.41%/yr for SLQX.DE. At a 0.10 correlation, their price movements are largely independent. EL4C.DE charges 0.65%/yr vs 1.38%/yr for SLQX.DE.
Performance
EL4C.DE vs. SLQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4C.DE achieves a 8.35% return, which is significantly lower than SLQX.DE's 26.72% return.
EL4C.DE
- 1D
- -0.47%
- 1M
- -5.91%
- 6M
- -3.78%
- YTD
- 8.35%
- 1Y
- 2.09%
- 3Y*
- 0.47%
- 5Y*
- -4.67%
- 10Y*
- 7.04%
SLQX.DE
- 1D
- 0.30%
- 1M
- 5.06%
- 6M
- 16.08%
- YTD
- 26.72%
- 1Y
- 28.19%
- 3Y*
- 36.69%
- 5Y*
- 23.41%
- 10Y*
- —
EL4C.DE vs. SLQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 8.35% | -3.32% | -6.07% | 15.55% | -36.03% | 26.23% | 24.95% | 48.03% | -12.10% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 26.72% | 46.37% | 33.58% | 16.52% | -10.85% | 43.83% | -3.91% | 11.50% | -17.12% |
Correlation
The correlation between EL4C.DE and SLQX.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.10 |
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Return for Risk
EL4C.DE vs. SLQX.DE — Risk / Return Rank
EL4C.DE
SLQX.DE
EL4C.DE vs. SLQX.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 Expat Slovenia SBI TOP UCITS ETF (SLQX.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 | SLQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.28 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 2.28 | -2.12 |
| Martin ratioReturn relative to average drawdown | 0.34 | 5.48 | -5.14 |
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Drawdowns
EL4C.DE vs. SLQX.DE - Drawdown Comparison
The maximum EL4C.DE drawdown since its inception was -49.78%, which is greater than SLQX.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for EL4C.DE and SLQX.DE.
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Drawdown Indicators
| EL4C.DE | SLQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.78% | -34.33% | -15.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.28% | -12.32% | -0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -12.39% | -15.68% |
Max Drawdown (5Y)Largest decline over 5 years | -44.48% | -24.09% | -20.39% |
Max Drawdown (10Y)Largest decline over 10 years | -44.48% | — | — |
Current DrawdownCurrent decline from peak | -28.64% | 0.00% | -28.64% |
Average DrawdownAverage peak-to-trough decline | -16.69% | -8.99% | -7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.02% | 5.13% | +0.89% |
Volatility
EL4C.DE vs. SLQX.DE - Volatility Comparison
Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a higher volatility of 6.28% compared to Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) at 3.26%. This indicates that EL4C.DE's price experiences larger fluctuations and is considered to be riskier than SLQX.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 | SLQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | 3.26% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 17.54% | 16.07% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.52% | 21.11% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.70% | 18.40% | +4.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.11% | 17.91% | +3.20% |
EL4C.DE vs. SLQX.DE - Expense Ratio Comparison
EL4C.DE has a 0.65% expense ratio, which is lower than SLQX.DE's 1.38% expense ratio.
Dividends
EL4C.DE vs. SLQX.DE - Dividend Comparison
EL4C.DE's dividend yield for the trailing twelve months is around 0.90%, while SLQX.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% | 0.67% | 0.42% | 4.57% | 0.00% | 0.00% | 0.00% | 0.21% | 0.00% | 0.00% | 0.17% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 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 SLQX.DE have a correlation of 0.12, 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 1.38% for SLQX.DE.
EL4C.DE tracks STOXX® Europe Strong Growth 20, while SLQX.DE tracks SBI TOP Index. They also come from different issuers: Deka and Expat. Their fees differ too: 0.65% for EL4C.DE and 1.38% for SLQX.DE.
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