EL4F.DE vs. EL4P.DE
EL4F.DE (Deka DAX (ausschüttend) UCITS ETF) and EL4P.DE (Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF) are both exchange-traded funds - EL4F.DE is a Europe Equities fund tracking the DAX®, while EL4P.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 7-10. Both are passively managed. Over the past 10 years, EL4F.DE returned 8.87%/yr vs -0.11%/yr for EL4P.DE. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.15% expense ratio.
Performance
EL4F.DE vs. EL4P.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4F.DE achieves a 1.34% return, which is significantly higher than EL4P.DE's 0.16% return. Over the past 10 years, EL4F.DE has outperformed EL4P.DE with an annualized return of 8.87%, while EL4P.DE has yielded a comparatively lower -0.11% annualized 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%
EL4P.DE
- 1D
- 0.06%
- 1M
- 0.03%
- YTD
- 0.16%
- 6M
- 0.17%
- 1Y
- 0.76%
- 3Y*
- 2.69%
- 5Y*
- -2.34%
- 10Y*
- -0.11%
EL4F.DE vs. EL4P.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4F.DE Deka DAX (ausschüttend) UCITS ETF | 1.34% | 22.54% | 18.07% | 19.54% | -12.81% | 15.13% | 2.76% | 24.66% | -18.50% | 12.62% |
EL4P.DE Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF | 0.16% | 1.64% | 1.06% | 8.67% | -20.09% | -3.04% | 4.34% | 6.96% | 1.47% | 0.72% |
Correlation
The correlation between EL4F.DE and EL4P.DE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2009 | 0.05 |
Over the past year, EL4F.DE and EL4P.DE have become more correlated (0.39) than their long-term average of 0.05, meaning their price movements have been converging.
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
EL4F.DE vs. EL4P.DE — Risk / Return Rank
EL4F.DE
EL4P.DE
EL4F.DE vs. EL4P.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 iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF (EL4P.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 | EL4P.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.02 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 0.08 | +0.10 |
| Martin ratioReturn relative to average drawdown | 0.57 | 0.21 | +0.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EL4F.DE | EL4P.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.07 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | -0.31 | +0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | -0.02 | +0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.44 | -0.08 |
Drawdowns
EL4F.DE vs. EL4P.DE - Drawdown Comparison
The maximum EL4F.DE drawdown since its inception was -45.08%, which is greater than EL4P.DE's maximum drawdown of -23.50%. Use the drawdown chart below to compare losses from any high point for EL4F.DE and EL4P.DE.
Loading charts...
Drawdown Indicators
| EL4F.DE | EL4P.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.08% | -23.50% | -21.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -4.09% | -8.27% |
Max Drawdown (3Y)Largest decline over 3 years | -15.79% | -4.65% | -11.14% |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | -23.13% | -3.58% |
Max Drawdown (10Y)Largest decline over 10 years | -38.59% | -23.50% | -15.09% |
Current DrawdownCurrent decline from peak | -2.26% | -13.76% | +11.50% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -5.77% | -2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 1.53% | +2.45% |
Volatility
EL4F.DE vs. EL4P.DE - Volatility Comparison
Deka DAX (ausschüttend) UCITS ETF (EL4F.DE) has a higher volatility of 5.16% compared to Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF (EL4P.DE) at 1.99%. This indicates that EL4F.DE's price experiences larger fluctuations and is considered to be riskier than EL4P.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4F.DE | EL4P.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 1.99% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 4.11% | +8.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 4.97% | +11.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 7.48% | +9.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 6.06% | +12.19% |
EL4F.DE vs. EL4P.DE - Expense Ratio Comparison
Both EL4F.DE and EL4P.DE have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EL4F.DE vs. EL4P.DE - Dividend Comparison
EL4F.DE's dividend yield for the trailing twelve months is around 1.80%, less than EL4P.DE's 3.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
EL4P.DE Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF | 3.64% | 2.66% | 1.83% | 1.37% | 0.39% | 0.62% | 0.83% | 1.08% | 0.64% | 1.41% | 1.80% | 2.32% |
Frequently Asked Questions
EL4F.DE and EL4P.DE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EL4F.DE and EL4P.DE have the same expense ratio: 0.15% per year.
EL4F.DE is categorized as Europe Equities, while EL4P.DE is European Government Bonds. EL4F.DE tracks DAX®, while EL4P.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 7-10.
Find the right allocation for EL4F.DE and EL4P.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