EL4F.DE vs. S6X0.DE
EL4F.DE (Deka DAX (ausschüttend) UCITS ETF) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - EL4F.DE tracks the DAX® while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 10 years, EL4F.DE returned 8.87%/yr vs 10.39%/yr for S6X0.DE. A 0.61 correlation means they provide meaningful diversification when combined. EL4F.DE charges 0.15%/yr vs 0.05%/yr for S6X0.DE.
Performance
EL4F.DE vs. S6X0.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 S6X0.DE's 7.30% return. Over the past 10 years, EL4F.DE has underperformed S6X0.DE with an annualized return of 8.87%, while S6X0.DE has yielded a comparatively higher 10.39% 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%
S6X0.DE
- 1D
- 0.75%
- 1M
- 1.98%
- YTD
- 7.30%
- 6M
- 8.70%
- 1Y
- 15.59%
- 3Y*
- 15.53%
- 5Y*
- 11.36%
- 10Y*
- 10.39%
EL4F.DE vs. S6X0.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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 7.30% | 22.02% | 10.94% | 22.42% | -8.98% | 23.10% | -3.21% | 30.30% | -13.84% | 12.57% |
Correlation
The correlation between EL4F.DE and S6X0.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2009 | 0.61 |
Over the past year, EL4F.DE and S6X0.DE have become more correlated (0.91) than their long-term average of 0.61, meaning their price movements have been converging.
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Return for Risk
EL4F.DE vs. S6X0.DE — Risk / Return Rank
EL4F.DE
S6X0.DE
EL4F.DE vs. S6X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka DAX (ausschüttend) UCITS ETF (EL4F.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.
| EL4F.DE | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.18 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.44 | -1.25 |
| Martin ratioReturn relative to average drawdown | 0.57 | 4.89 | -4.32 |
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 | S6X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.98 | -0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.65 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.63 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.51 | -0.15 |
Drawdowns
EL4F.DE vs. S6X0.DE - Drawdown Comparison
The maximum EL4F.DE drawdown since its inception was -45.08%, 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 EL4F.DE and S6X0.DE.
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Drawdown Indicators
| EL4F.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.08% | -38.54% | -6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -10.88% | -1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -15.79% | -16.56% | +0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | -23.41% | -3.30% |
Max Drawdown (10Y)Largest decline over 10 years | -38.59% | -38.54% | -0.05% |
Current DrawdownCurrent decline from peak | -2.26% | -0.51% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -6.82% | -1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 3.21% | +0.77% |
Volatility
EL4F.DE vs. S6X0.DE - Volatility Comparison
Deka DAX (ausschüttend) UCITS ETF (EL4F.DE) and Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) have volatilities of 5.16% and 4.96%, 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
| EL4F.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 4.96% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 12.92% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 15.93% | +0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 17.56% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.25% | 20.60% | -2.35% |
EL4F.DE vs. S6X0.DE - Expense Ratio Comparison
EL4F.DE has a 0.15% expense ratio, which is higher than S6X0.DE's 0.05% expense ratio. However, 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. S6X0.DE - Dividend Comparison
EL4F.DE's dividend yield for the trailing twelve months is around 1.80%, less than S6X0.DE's 2.78% 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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.78% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.48% | 3.69% | 2.92% | 3.18% | 3.05% |
Frequently Asked Questions
With a correlation of 0.91, EL4F.DE and S6X0.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.15% for EL4F.DE.
EL4F.DE tracks DAX®, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: Deka and Invesco. Their fees differ too: 0.15% for EL4F.DE and 0.05% for S6X0.DE.
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