EL4E.DE vs. ROX.DE
EL4E.DE (Deka STOXX Europe Strong Style Composite 40 UCITS ETF) and ROX.DE (Expat Romania BET UCITS ETF) are both Europe Equities funds - EL4E.DE tracks the STOXX Europe Strong Style Composite 40 Index while ROX.DE tracks the BET Index. Both are passively managed. Over the past 5 years, EL4E.DE returned 2.65%/yr vs 22.95%/yr for ROX.DE. At a 0.18 correlation, their price movements are largely independent. EL4E.DE charges 0.66%/yr vs 1.38%/yr for ROX.DE.
Performance
EL4E.DE vs. ROX.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 ROX.DE's 36.66% 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%
ROX.DE
- 1D
- -0.61%
- 1M
- 13.62%
- 6M
- 23.70%
- YTD
- 36.66%
- 1Y
- 72.86%
- 3Y*
- 35.39%
- 5Y*
- 22.95%
- 10Y*
- —
EL4E.DE vs. ROX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -7.88% |
ROX.DE Expat Romania BET UCITS ETF | 36.66% | 43.69% | 13.19% | 22.15% | -3.87% | 34.78% | -1.71% | 34.41% | -15.49% |
Correlation
The correlation between EL4E.DE and ROX.DE is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2018 | 0.18 |
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Return for Risk
EL4E.DE vs. ROX.DE — Risk / Return Rank
EL4E.DE
ROX.DE
EL4E.DE vs. ROX.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 Expat Romania BET UCITS ETF (ROX.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 | ROX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.14 | ||
| Sortino ratioReturn per unit of downside risk | -3.85 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.62 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 9.16 | -8.31 |
| Martin ratioReturn relative to average drawdown | 2.36 | 28.50 | -26.15 |
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Drawdowns
EL4E.DE vs. ROX.DE - Drawdown Comparison
The maximum EL4E.DE drawdown since its inception was -50.61%, which is greater than ROX.DE's maximum drawdown of -29.00%. Use the drawdown chart below to compare losses from any high point for EL4E.DE and ROX.DE.
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Drawdown Indicators
| EL4E.DE | ROX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.61% | -29.00% | -21.61% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -7.91% | -5.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -17.52% | -5.43% |
Max Drawdown (5Y)Largest decline over 5 years | -40.69% | -19.51% | -21.18% |
Max Drawdown (10Y)Largest decline over 10 years | -40.69% | — | — |
Current DrawdownCurrent decline from peak | -3.49% | -0.61% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -5.26% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 2.55% | +2.16% |
Volatility
EL4E.DE vs. ROX.DE - Volatility Comparison
Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) and Expat Romania BET UCITS ETF (ROX.DE) have volatilities of 5.26% and 5.33%, 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
| EL4E.DE | ROX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 5.33% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 13.80% | +0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 19.34% | -1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 19.81% | +2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 21.02% | -1.03% |
EL4E.DE vs. ROX.DE - Expense Ratio Comparison
EL4E.DE has a 0.66% expense ratio, which is lower than ROX.DE's 1.38% expense ratio.
Dividends
EL4E.DE vs. ROX.DE - Dividend Comparison
EL4E.DE's dividend yield for the trailing twelve months is around 1.30%, while ROX.DE has not paid dividends to shareholders.
| 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% |
ROX.DE Expat Romania BET 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
EL4E.DE and ROX.DE have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4E.DE is cheaper at 0.66% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4E.DE is cheaper with a 0.66% expense ratio, compared with 1.38% for ROX.DE.
EL4E.DE tracks STOXX Europe Strong Style Composite 40 Index, while ROX.DE tracks BET Index. They also come from different issuers: Deka and Expat. Their fees differ too: 0.66% for EL4E.DE and 1.38% for ROX.DE.
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