EL4E.DE vs. S6X0.DE
EL4E.DE (Deka STOXX Europe Strong Style Composite 40 UCITS ETF) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - EL4E.DE tracks the STOXX Europe Strong Style Composite 40 Index while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 10 years, EL4E.DE returned 8.89%/yr vs 10.81%/yr for S6X0.DE. Their correlation of 0.80 suggests significant overlap in exposure. EL4E.DE charges 0.66%/yr vs 0.05%/yr for S6X0.DE.
Performance
EL4E.DE vs. S6X0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4E.DE achieves a 6.79% return, which is significantly lower than S6X0.DE's 10.31% return. Over the past 10 years, EL4E.DE has underperformed S6X0.DE with an annualized return of 8.89%, while S6X0.DE has yielded a comparatively higher 10.81% 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%
S6X0.DE
- 1D
- -0.20%
- 1M
- 0.63%
- 6M
- 6.46%
- YTD
- 10.31%
- 1Y
- 19.96%
- 3Y*
- 15.54%
- 5Y*
- 12.25%
- 10Y*
- 10.81%
EL4E.DE vs. S6X0.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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 10.31% | 22.02% | 10.94% | 22.43% | -9.00% | 23.10% | -2.98% | 29.97% | -12.04% | 10.08% |
Correlation
The correlation between EL4E.DE and S6X0.DE is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2009 | 0.80 |
The correlation between EL4E.DE and S6X0.DE has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EL4E.DE vs. S6X0.DE — Risk / Return Rank
EL4E.DE
S6X0.DE
EL4E.DE vs. S6X0.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 Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.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 | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.23 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.83 | -0.97 |
| Martin ratioReturn relative to average drawdown | 2.36 | 6.41 | -4.05 |
Loading charts...
Drawdowns
EL4E.DE vs. S6X0.DE - Drawdown Comparison
The maximum EL4E.DE drawdown since its inception was -50.61%, which is greater than S6X0.DE's maximum drawdown of -38.54%. Use the drawdown chart below to compare losses from any high point for EL4E.DE and S6X0.DE.
Loading charts...
Drawdown Indicators
| EL4E.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.61% | -38.54% | -12.07% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -10.88% | -2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -16.56% | -6.39% |
Max Drawdown (5Y)Largest decline over 5 years | -40.69% | -23.41% | -17.28% |
Max Drawdown (10Y)Largest decline over 10 years | -40.69% | -38.54% | -2.15% |
Current DrawdownCurrent decline from peak | -3.49% | -2.29% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -7.67% | -4.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 3.11% | +1.60% |
Volatility
EL4E.DE vs. S6X0.DE - Volatility Comparison
Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) has a higher volatility of 5.26% compared to Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) at 4.01%. This indicates that EL4E.DE's price experiences larger fluctuations and is considered to be riskier than S6X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4E.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 4.01% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 13.37% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 16.02% | +2.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 17.52% | +4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 17.93% | +2.06% |
EL4E.DE vs. S6X0.DE - Expense Ratio Comparison
EL4E.DE has a 0.66% expense ratio, which is higher than S6X0.DE's 0.05% expense ratio.
Dividends
EL4E.DE vs. S6X0.DE - Dividend Comparison
EL4E.DE's dividend yield for the trailing twelve months is around 1.30%, less than S6X0.DE's 2.76% 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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.76% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.49% | 3.69% | 2.99% | 3.17% | 3.05% |
Frequently Asked Questions
EL4E.DE and S6X0.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, S6X0.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S6X0.DE is cheaper with a 0.05% expense ratio, compared with 0.66% for EL4E.DE.
EL4E.DE tracks STOXX Europe Strong Style Composite 40 Index, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: Deka and Invesco. Their fees differ too: 0.66% for EL4E.DE and 0.05% for S6X0.DE.
Find the right allocation for EL4E.DE and S6X0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer