EL4K.DE vs. SYBV.DE
EL4K.DE (Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF) and SYBV.DE (State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist)) are both European Government Bonds funds - EL4K.DE tracks the iBoxx® EUR Liquid Sovereigns Diversified 1-10 while SYBV.DE tracks the Bloomberg Euro 10+ Year Treasury Bond Index. Both are passively managed. Over the past 10 years, EL4K.DE returned -0.39%/yr vs -2.02%/yr for SYBV.DE. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.15% expense ratio.
Performance
EL4K.DE vs. SYBV.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4K.DE achieves a -0.08% return, which is significantly higher than SYBV.DE's -0.61% return. Over the past 10 years, EL4K.DE has outperformed SYBV.DE with an annualized return of -0.39%, while SYBV.DE has yielded a comparatively lower -2.02% annualized return.
EL4K.DE
- 1D
- 0.01%
- 1M
- -0.70%
- 6M
- -0.58%
- YTD
- -0.08%
- 1Y
- 0.66%
- 3Y*
- 2.84%
- 5Y*
- -2.25%
- 10Y*
- -0.39%
SYBV.DE
- 1D
- -0.22%
- 1M
- -1.70%
- 6M
- -1.42%
- YTD
- -0.61%
- 1Y
- -0.39%
- 3Y*
- 0.74%
- 5Y*
- -7.02%
- 10Y*
- -2.02%
EL4K.DE vs. SYBV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4K.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF | -0.08% | 1.88% | 1.40% | 7.39% | -18.13% | -2.54% | 3.36% | 5.14% | 1.09% | 0.30% |
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) | -0.61% | -3.55% | -0.53% | 9.88% | -32.00% | -6.75% | 10.69% | 15.42% | 2.38% | -0.74% |
Correlation
The correlation between EL4K.DE and SYBV.DE is 0.90, 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 | 0.90 |
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 | 0.92 |
Correlation (All Time) Calculated using the full available price history since Feb 17, 2016 | 0.91 |
The correlation between EL4K.DE and SYBV.DE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.
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
EL4K.DE vs. SYBV.DE — Risk / Return Rank
EL4K.DE
SYBV.DE
EL4K.DE vs. SYBV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF (EL4K.DE) and State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.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.
| EL4K.DE | SYBV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.00 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | -0.07 | +0.27 |
| Martin ratioReturn relative to average drawdown | 0.50 | -0.15 | +0.65 |
Loading charts...
Drawdowns
EL4K.DE vs. SYBV.DE - Drawdown Comparison
The maximum EL4K.DE drawdown since its inception was -21.22%, smaller than the maximum SYBV.DE drawdown of -40.94%. Use the drawdown chart below to compare losses from any high point for EL4K.DE and SYBV.DE.
Loading charts...
Drawdown Indicators
| EL4K.DE | SYBV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.22% | -40.94% | +19.72% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -5.56% | +2.18% |
Max Drawdown (3Y)Largest decline over 3 years | -3.39% | -10.05% | +6.66% |
Max Drawdown (5Y)Largest decline over 5 years | -21.02% | -39.22% | +18.20% |
Max Drawdown (10Y)Largest decline over 10 years | -21.22% | -40.94% | +19.72% |
Current DrawdownCurrent decline from peak | -11.88% | -34.12% | +22.24% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -16.94% | +12.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 2.61% | -1.28% |
Volatility
EL4K.DE vs. SYBV.DE - Volatility Comparison
The current volatility for Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF (EL4K.DE) is 1.05%, while State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) (SYBV.DE) has a volatility of 2.13%. This indicates that EL4K.DE experiences smaller price fluctuations and is considered to be less risky than SYBV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4K.DE | SYBV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.05% | 2.13% | -1.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.45% | 6.35% | -2.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 8.01% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.39% | 12.30% | -5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.12% | 10.42% | -5.30% |
EL4K.DE vs. SYBV.DE - Expense Ratio Comparison
Both EL4K.DE and SYBV.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
EL4K.DE vs. SYBV.DE - Dividend Comparison
EL4K.DE's dividend yield for the trailing twelve months is around 2.81%, less than SYBV.DE's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4K.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF | 2.81% | 1.58% | 1.25% | 1.24% | 0.56% | 0.60% | 0.67% | 0.89% | 0.81% | 1.90% | 1.92% | 2.45% |
SYBV.DE State Street SPDR Bloomberg 10+ Year Euro Government Bond UCITS ETF (Dist) | 3.41% | 3.31% | 2.82% | 2.01% | 0.89% | 0.51% | 0.76% | 1.23% | 1.34% | 1.47% | 0.59% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, EL4K.DE and SYBV.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.
Both ETFs have the same 0.15% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EL4K.DE and SYBV.DE have the same expense ratio: 0.15% per year.
EL4K.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 1-10, while SYBV.DE tracks Bloomberg Euro 10+ Year Treasury Bond Index. They also come from different issuers: Deka and State Street.
Find the right allocation for EL4K.DE and SYBV.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