EL4E.DE vs. ELFB.DE
EL4E.DE (Deka STOXX Europe Strong Style Composite 40 UCITS ETF) and ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) are both Europe Equities funds from Deka - EL4E.DE tracks the STOXX Europe Strong Style Composite 40 Index while ELFB.DE tracks the Solactive Eurozone Sustainability. Both are passively managed. Over the past 10 years, EL4E.DE returned 8.89%/yr vs 13.70%/yr for ELFB.DE. A 0.76 correlation means they provide meaningful diversification when combined. EL4E.DE charges 0.66%/yr vs 0.40%/yr for ELFB.DE.
Performance
EL4E.DE vs. ELFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4E.DE achieves a 6.79% return, which is significantly lower than ELFB.DE's 13.16% return. Over the past 10 years, EL4E.DE has underperformed ELFB.DE with an annualized return of 8.89%, while ELFB.DE has yielded a comparatively higher 13.70% annualized return.
EL4E.DE
- 1D
- -0.17%
- 1M
- -0.50%
- 6M
- 0.99%
- YTD
- 6.79%
- 1Y
- 9.67%
- 3Y*
- 10.78%
- 5Y*
- 2.65%
- 10Y*
- 8.89%
ELFB.DE
- 1D
- -0.36%
- 1M
- 0.82%
- 6M
- 10.35%
- YTD
- 13.16%
- 1Y
- 29.29%
- 3Y*
- 25.20%
- 5Y*
- 17.65%
- 10Y*
- 13.70%
EL4E.DE vs. ELFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4E.DE Deka STOXX Europe Strong Style Composite 40 UCITS ETF | 6.79% | 10.62% | 11.03% | 16.21% | -27.49% | 23.99% | 14.63% | 31.38% | -7.27% | 14.23% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 13.16% | 34.01% | 20.68% | 31.84% | -16.00% | 32.48% | -2.72% | 29.42% | -18.76% | 11.00% |
Correlation
The correlation between EL4E.DE and ELFB.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.76 |
The correlation between EL4E.DE and ELFB.DE has been stable across timeframes, ranging from 0.69 to 0.76 - a consistent structural relationship.
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Return for Risk
EL4E.DE vs. ELFB.DE — Risk / Return Rank
EL4E.DE
ELFB.DE
EL4E.DE vs. ELFB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) and Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.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.
| EL4E.DE | ELFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.28 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 2.32 | -1.47 |
| Martin ratioReturn relative to average drawdown | 2.36 | 8.53 | -6.18 |
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Drawdowns
EL4E.DE vs. ELFB.DE - Drawdown Comparison
The maximum EL4E.DE drawdown since its inception was -50.61%, which is greater than ELFB.DE's maximum drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for EL4E.DE and ELFB.DE.
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Drawdown Indicators
| EL4E.DE | ELFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.61% | -42.73% | -7.88% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -12.55% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -16.39% | -6.56% |
Max Drawdown (5Y)Largest decline over 5 years | -40.69% | -29.58% | -11.11% |
Max Drawdown (10Y)Largest decline over 10 years | -40.69% | -42.73% | +2.04% |
Current DrawdownCurrent decline from peak | -3.49% | -2.41% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -8.05% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 3.42% | +1.29% |
Volatility
EL4E.DE vs. ELFB.DE - Volatility Comparison
Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) has a higher volatility of 5.26% compared to Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) at 4.78%. This indicates that EL4E.DE's price experiences larger fluctuations and is considered to be riskier than ELFB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4E.DE | ELFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 4.78% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 15.76% | -1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 18.94% | -0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 19.77% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 19.82% | +0.17% |
EL4E.DE vs. ELFB.DE - Expense Ratio Comparison
EL4E.DE has a 0.66% expense ratio, which is higher than ELFB.DE's 0.40% expense ratio.
Dividends
EL4E.DE vs. ELFB.DE - Dividend Comparison
EL4E.DE's dividend yield for the trailing twelve months is around 1.30%, less than ELFB.DE's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4E.DE Deka STOXX Europe Strong Style Composite 40 UCITS ETF | 1.30% | 0.93% | 1.28% | 0.60% | 2.51% | 0.23% | 0.95% | 1.28% | 1.02% | 0.23% | 2.62% | 1.99% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.26% | 2.18% | 2.63% | 2.73% | 3.03% | 1.77% | 1.12% | 3.22% | 1.26% | 2.56% | 2.77% | 0.00% |
Frequently Asked Questions
EL4E.DE and ELFB.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFB.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFB.DE is cheaper with a 0.40% expense ratio, compared with 0.66% for EL4E.DE.
EL4E.DE tracks STOXX Europe Strong Style Composite 40 Index, while ELFB.DE tracks Solactive Eurozone Sustainability. Their fees differ too: 0.66% for EL4E.DE and 0.40% for ELFB.DE.
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