EL4G.DE vs. H4ZZ.DE
EL4G.DE (Deka EURO STOXX Select Dividend 30 UCITS ETF) and H4ZZ.DE (HSBC Euro Stoxx 50 UCITS ETF EUR (Acc)) are both Europe Equities funds - EL4G.DE tracks the EURO STOXX® Select Dividend 30 while H4ZZ.DE tracks the EURO STOXX 50. Both are passively managed. Over the past year, EL4G.DE returned 23.88% vs 20.11% for H4ZZ.DE. A 0.78 correlation means they provide meaningful diversification when combined. EL4G.DE charges 0.30%/yr vs 0.05%/yr for H4ZZ.DE.
Performance
EL4G.DE vs. H4ZZ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4G.DE achieves a 12.22% return, which is significantly higher than H4ZZ.DE's 10.36% return.
EL4G.DE
- 1D
- 0.25%
- 1M
- 2.06%
- 6M
- 11.26%
- YTD
- 12.22%
- 1Y
- 23.88%
- 3Y*
- 21.24%
- 5Y*
- 10.35%
- 10Y*
- 7.82%
H4ZZ.DE
- 1D
- -0.19%
- 1M
- 0.80%
- 6M
- 6.42%
- YTD
- 10.36%
- 1Y
- 20.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EL4G.DE vs. H4ZZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF | 12.22% | 42.40% | -2.25% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) | 10.36% | 22.35% | -2.42% |
Correlation
The correlation between EL4G.DE and H4ZZ.DE is 0.76, 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 | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2024 | 0.78 |
The correlation between EL4G.DE and H4ZZ.DE has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.
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Return for Risk
EL4G.DE vs. H4ZZ.DE — Risk / Return Rank
EL4G.DE
H4ZZ.DE
EL4G.DE vs. H4ZZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G.DE) and HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.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.
| EL4G.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.23 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 1.83 | +1.20 |
| Martin ratioReturn relative to average drawdown | 9.45 | 6.40 | +3.05 |
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Drawdowns
EL4G.DE vs. H4ZZ.DE - Drawdown Comparison
The maximum EL4G.DE drawdown since its inception was -58.32%, which is greater than H4ZZ.DE's maximum drawdown of -16.46%. Use the drawdown chart below to compare losses from any high point for EL4G.DE and H4ZZ.DE.
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Drawdown Indicators
| EL4G.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.32% | -16.46% | -41.86% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -10.94% | +3.08% |
Max Drawdown (3Y)Largest decline over 3 years | -12.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.41% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.21% | +2.21% |
Average DrawdownAverage peak-to-trough decline | -13.05% | -2.63% | -10.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 3.13% | -0.61% |
Volatility
EL4G.DE vs. H4ZZ.DE - Volatility Comparison
The current volatility for Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G.DE) is 3.10%, while HSBC Euro Stoxx 50 UCITS ETF EUR (Acc) (H4ZZ.DE) has a volatility of 4.01%. This indicates that EL4G.DE experiences smaller price fluctuations and is considered to be less risky than H4ZZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4G.DE | H4ZZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 4.01% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 9.61% | 13.41% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.76% | 16.07% | -4.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.53% | 16.76% | -2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.65% | 16.76% | -0.11% |
EL4G.DE vs. H4ZZ.DE - Expense Ratio Comparison
EL4G.DE has a 0.30% expense ratio, which is higher than H4ZZ.DE's 0.05% expense ratio.
Dividends
EL4G.DE vs. H4ZZ.DE - Dividend Comparison
EL4G.DE's dividend yield for the trailing twelve months is around 4.49%, while H4ZZ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF | 4.49% | 4.38% | 5.64% | 5.82% | 5.35% | 3.30% | 3.69% | 4.67% | 5.05% | 3.58% | 3.83% | 3.81% |
H4ZZ.DE HSBC Euro Stoxx 50 UCITS ETF EUR (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
EL4G.DE and H4ZZ.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZZ.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZZ.DE is cheaper with a 0.05% expense ratio, compared with 0.30% for EL4G.DE.
EL4G.DE tracks EURO STOXX® Select Dividend 30, while H4ZZ.DE tracks EURO STOXX 50. They also come from different issuers: Deka and HSBC. Their fees differ too: 0.30% for EL4G.DE and 0.05% for H4ZZ.DE.
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