EL4F.DE vs. D6RR.DE
EL4F.DE (Deka DAX (ausschüttend) UCITS ETF) and D6RR.DE (Deka MSCI Europe Climate Change ESG UCITS ETF) are both Europe Equities funds from Deka - EL4F.DE tracks the DAX® while D6RR.DE tracks the MSCI Europe Climate Change ESG Select. Both are passively managed. Over the past 5 years, EL4F.DE returned 9.08%/yr vs 7.43%/yr for D6RR.DE. Their correlation of 0.88 suggests significant overlap in exposure. EL4F.DE charges 0.15%/yr vs 0.25%/yr for D6RR.DE.
Performance
EL4F.DE vs. D6RR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4F.DE achieves a 1.34% return, which is significantly lower than D6RR.DE's 4.41% return.
EL4F.DE
- 1D
- 0.54%
- 1M
- -0.05%
- YTD
- 1.34%
- 6M
- 3.38%
- 1Y
- 2.04%
- 3Y*
- 15.44%
- 5Y*
- 9.08%
- 10Y*
- 8.87%
D6RR.DE
- 1D
- 0.83%
- 1M
- 1.37%
- YTD
- 4.41%
- 6M
- 6.61%
- 1Y
- 9.76%
- 3Y*
- 10.38%
- 5Y*
- 7.43%
- 10Y*
- —
EL4F.DE vs. D6RR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EL4F.DE Deka DAX (ausschüttend) UCITS ETF | 1.34% | 22.54% | 18.07% | 19.54% | -12.81% | 15.13% | 7.88% |
D6RR.DE Deka MSCI Europe Climate Change ESG UCITS ETF | 4.41% | 13.01% | 10.17% | 15.40% | -13.96% | 26.07% | 10.31% |
Correlation
The correlation between EL4F.DE and D6RR.DE is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.88 |
The correlation between EL4F.DE and D6RR.DE has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.
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Return for Risk
EL4F.DE vs. D6RR.DE — Risk / Return Rank
EL4F.DE
D6RR.DE
EL4F.DE vs. D6RR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka DAX (ausschüttend) UCITS ETF (EL4F.DE) and Deka MSCI Europe Climate Change ESG UCITS ETF (D6RR.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.
| EL4F.DE | D6RR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 0.86 | -0.68 |
| Martin ratioReturn relative to average drawdown | 0.57 | 2.99 | -2.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EL4F.DE | D6RR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.70 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.50 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.70 | -0.34 |
Drawdowns
EL4F.DE vs. D6RR.DE - Drawdown Comparison
The maximum EL4F.DE drawdown since its inception was -45.08%, which is greater than D6RR.DE's maximum drawdown of -22.80%. Use the drawdown chart below to compare losses from any high point for EL4F.DE and D6RR.DE.
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Drawdown Indicators
| EL4F.DE | D6RR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.08% | -22.80% | -22.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -11.02% | -1.34% |
Max Drawdown (3Y)Largest decline over 3 years | -15.79% | -17.54% | +1.75% |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | -22.80% | -3.91% |
Max Drawdown (10Y)Largest decline over 10 years | -38.59% | — | — |
Current DrawdownCurrent decline from peak | -2.26% | -1.47% | -0.79% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -4.72% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 3.18% | +0.80% |
Volatility
EL4F.DE vs. D6RR.DE - Volatility Comparison
Deka DAX (ausschüttend) UCITS ETF (EL4F.DE) has a higher volatility of 5.16% compared to Deka MSCI Europe Climate Change ESG UCITS ETF (D6RR.DE) at 4.11%. This indicates that EL4F.DE's price experiences larger fluctuations and is considered to be riskier than D6RR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4F.DE | D6RR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 4.11% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 10.99% | +2.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 13.50% | +2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 14.80% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 14.76% | +3.49% |
EL4F.DE vs. D6RR.DE - Expense Ratio Comparison
EL4F.DE has a 0.15% expense ratio, which is lower than D6RR.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EL4F.DE vs. D6RR.DE - Dividend Comparison
EL4F.DE's dividend yield for the trailing twelve months is around 1.80%, less than D6RR.DE's 2.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D6RR.DE Deka MSCI Europe Climate Change ESG UCITS ETF | 2.11% | 2.14% | 2.18% | 2.08% | 2.28% | 1.66% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EL4F.DE Deka DAX (ausschüttend) UCITS ETF | 1.80% | 1.82% | 2.10% | 2.63% | 2.72% | 1.86% | 2.19% | 2.42% | 2.94% | 2.76% | 2.66% | 2.70% |
Frequently Asked Questions
EL4F.DE and D6RR.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4F.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4F.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for D6RR.DE.
EL4F.DE tracks DAX®, while D6RR.DE tracks MSCI Europe Climate Change ESG Select. Their fees differ too: 0.15% for EL4F.DE and 0.25% for D6RR.DE.
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