EL4E.DE vs. XB4A.DE
EL4E.DE (Deka STOXX Europe Strong Style Composite 40 UCITS ETF) and XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) are both Europe Equities funds - EL4E.DE tracks the STOXX Europe Strong Style Composite 40 Index while XB4A.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, EL4E.DE returned 8.89%/yr vs 14.71%/yr for XB4A.DE. A 0.66 correlation means they provide meaningful diversification when combined. EL4E.DE charges 0.66%/yr vs 0.25%/yr for XB4A.DE.
Performance
EL4E.DE vs. XB4A.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 XB4A.DE's 24.81% return. Over the past 10 years, EL4E.DE has underperformed XB4A.DE with an annualized return of 8.89%, while XB4A.DE has yielded a comparatively higher 14.71% 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%
XB4A.DE
- 1D
- -0.62%
- 1M
- 1.14%
- 6M
- 22.10%
- YTD
- 24.81%
- 1Y
- 48.60%
- 3Y*
- 31.52%
- 5Y*
- 18.18%
- 10Y*
- 14.71%
EL4E.DE vs. XB4A.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% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 24.81% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -17.99% | 32.88% |
Correlation
The correlation between EL4E.DE and XB4A.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2011 | 0.66 |
The correlation between EL4E.DE and XB4A.DE has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.
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Return for Risk
EL4E.DE vs. XB4A.DE — Risk / Return Rank
EL4E.DE
XB4A.DE
EL4E.DE vs. XB4A.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 Xtrackers ATX UCITS ETF (Acc) (XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.46 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 4.44 | -3.59 |
| Martin ratioReturn relative to average drawdown | 2.36 | 15.07 | -12.71 |
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Drawdowns
EL4E.DE vs. XB4A.DE - Drawdown Comparison
The maximum EL4E.DE drawdown since its inception was -50.61%, smaller than the maximum XB4A.DE drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for EL4E.DE and XB4A.DE.
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Drawdown Indicators
| EL4E.DE | XB4A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.61% | -53.54% | +2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -10.88% | -2.11% |
Max Drawdown (3Y)Largest decline over 3 years | -22.95% | -16.26% | -6.69% |
Max Drawdown (5Y)Largest decline over 5 years | -40.69% | -32.50% | -8.19% |
Max Drawdown (10Y)Largest decline over 10 years | -40.69% | -53.54% | +12.85% |
Current DrawdownCurrent decline from peak | -3.49% | -1.85% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -12.61% | -9.88% | -2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 3.22% | +1.49% |
Volatility
EL4E.DE vs. XB4A.DE - Volatility Comparison
Deka STOXX Europe Strong Style Composite 40 UCITS ETF (EL4E.DE) and Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) have volatilities of 5.26% and 5.22%, 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 | XB4A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 5.22% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 14.88% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 17.61% | +0.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.43% | 19.15% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 20.15% | -0.16% |
EL4E.DE vs. XB4A.DE - Expense Ratio Comparison
EL4E.DE has a 0.66% expense ratio, which is higher than XB4A.DE's 0.25% expense ratio.
Dividends
EL4E.DE vs. XB4A.DE - Dividend Comparison
EL4E.DE's dividend yield for the trailing twelve months is around 1.30%, while XB4A.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% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 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 XB4A.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XB4A.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XB4A.DE is cheaper with a 0.25% expense ratio, compared with 0.66% for EL4E.DE.
EL4E.DE tracks STOXX Europe Strong Style Composite 40 Index, while XB4A.DE tracks ATX Index. They also come from different issuers: Deka and Xtrackers. Their fees differ too: 0.66% for EL4E.DE and 0.25% for XB4A.DE.
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