EL4E.DE vs. ELFC.DE
EL4E.DE (Deka STOXX Europe Strong Style Composite 40 UCITS ETF) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both Europe Equities funds from Deka - EL4E.DE tracks the STOXX Europe Strong Style Composite 40 Index while ELFC.DE tracks the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. Over the past 10 years, EL4E.DE returned 8.89%/yr vs 8.78%/yr for ELFC.DE. A 0.69 correlation means they provide meaningful diversification when combined. EL4E.DE charges 0.66%/yr vs 0.30%/yr for ELFC.DE.
Performance
EL4E.DE vs. ELFC.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 ELFC.DE's 13.10% return. Both investments have delivered pretty close results over the past 10 years, with EL4E.DE having a 8.89% annualized return and ELFC.DE not far behind at 8.78%.
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%
ELFC.DE
- 1D
- 0.25%
- 1M
- -0.80%
- 6M
- 11.32%
- YTD
- 13.10%
- 1Y
- 18.20%
- 3Y*
- 11.93%
- 5Y*
- 10.61%
- 10Y*
- 8.78%
EL4E.DE vs. ELFC.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% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 13.10% | 17.70% | -0.16% | 15.74% | 1.24% | 22.31% | -7.16% | 19.92% | -4.01% | 5.62% |
Correlation
The correlation between EL4E.DE and ELFC.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2015 | 0.69 |
Over the past year, the correlation between EL4E.DE and ELFC.DE has dropped to 0.44 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
EL4E.DE vs. ELFC.DE — Risk / Return Rank
EL4E.DE
ELFC.DE
EL4E.DE vs. ELFC.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 Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.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 | ELFC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.30 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 2.70 | -1.85 |
| Martin ratioReturn relative to average drawdown | 2.36 | 7.31 | -4.96 |
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Drawdowns
EL4E.DE vs. ELFC.DE - Drawdown Comparison
The maximum EL4E.DE drawdown since its inception was -50.61%, which is greater than ELFC.DE's maximum drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for EL4E.DE and ELFC.DE.
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Drawdown Indicators
| EL4E.DE | ELFC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.61% | -37.68% | -12.93% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -6.71% | -6.28% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -15.02% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -40.69% | -16.82% | -23.87% |
Max Drawdown (10Y)Largest decline over 10 years | -40.69% | -37.68% | -3.01% |
Current DrawdownCurrent decline from peak | -3.49% | -1.19% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -4.67% | -7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 2.48% | +2.23% |
Volatility
EL4E.DE vs. ELFC.DE - Volatility Comparison
Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) has a higher volatility of 5.26% compared to Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) at 3.29%. This indicates that EL4E.DE's price experiences larger fluctuations and is considered to be riskier than ELFC.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 | ELFC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 3.29% | +1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 8.34% | +6.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 11.04% | +7.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 13.72% | +8.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 15.73% | +4.26% |
EL4E.DE vs. ELFC.DE - Expense Ratio Comparison
EL4E.DE has a 0.66% expense ratio, which is higher than ELFC.DE's 0.30% expense ratio.
Dividends
EL4E.DE vs. ELFC.DE - Dividend Comparison
EL4E.DE's dividend yield for the trailing twelve months is around 1.30%, less than ELFC.DE's 3.77% 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% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 3.77% | 4.45% | 4.66% | 4.66% | 4.91% | 3.84% | 2.83% | 3.64% | 4.20% | 3.53% | 3.55% | 0.00% |
Frequently Asked Questions
EL4E.DE and ELFC.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFC.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFC.DE is cheaper with a 0.30% expense ratio, compared with 0.66% for EL4E.DE.
EL4E.DE tracks STOXX Europe Strong Style Composite 40 Index, while ELFC.DE tracks EURO iSTOXX® ex Financials High Dividend 50. Their fees differ too: 0.66% for EL4E.DE and 0.30% for ELFC.DE.
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