EL4K.DE vs. X03B.DE
EL4K.DE (Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF) and X03B.DE (Xtrackers Eurozone Government Bond 1-3 UCITS ETF) are both European Government Bonds funds - EL4K.DE tracks the iBoxx® EUR Liquid Sovereigns Diversified 1-10 while X03B.DE tracks the iBoxx® EUR Eurozone 1-3. Both are passively managed. Over the past 10 years, EL4K.DE returned -0.25%/yr vs 0.23%/yr for X03B.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.15% expense ratio.
Performance
EL4K.DE vs. X03B.DE - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with EL4K.DE at 0.05% and X03B.DE at 0.05%. Over the past 10 years, EL4K.DE has underperformed X03B.DE with an annualized return of -0.25%, while X03B.DE has yielded a comparatively higher 0.23% annualized return.
EL4K.DE
- 1D
- 0.01%
- 1M
- -0.03%
- YTD
- 0.05%
- 6M
- 0.07%
- 1Y
- 0.71%
- 3Y*
- 2.63%
- 5Y*
- -2.03%
- 10Y*
- -0.25%
X03B.DE
- 1D
- 0.04%
- 1M
- 0.05%
- YTD
- 0.05%
- 6M
- 0.20%
- 1Y
- 0.95%
- 3Y*
- 2.63%
- 5Y*
- 0.68%
- 10Y*
- 0.23%
EL4K.DE vs. X03B.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 | 0.05% | 1.88% | 1.40% | 7.39% | -18.12% | -2.54% | 3.36% | 5.14% | 1.09% | 0.30% |
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 0.05% | 2.25% | 3.05% | 3.35% | -4.64% | -0.79% | -0.13% | 0.14% | -0.34% | -0.48% |
Correlation
The correlation between EL4K.DE and X03B.DE is 0.84, 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 | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.88 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 10, 2012 | 0.77 |
The correlation between EL4K.DE and X03B.DE shifts across timeframes, from 0.77 (all time) to 0.88 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EL4K.DE vs. X03B.DE — Risk / Return Rank
EL4K.DE
X03B.DE
EL4K.DE vs. X03B.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 Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.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.
| EL4K.DE | X03B.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.13 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 0.63 | -0.51 |
| Martin ratioReturn relative to average drawdown | 0.33 | 2.04 | -1.71 |
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
| EL4K.DE | X03B.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.62 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.41 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.05 | 0.17 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.57 | -0.20 |
Drawdowns
EL4K.DE vs. X03B.DE - Drawdown Comparison
The maximum EL4K.DE drawdown since its inception was -21.22%, which is greater than X03B.DE's maximum drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for EL4K.DE and X03B.DE.
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Drawdown Indicators
| EL4K.DE | X03B.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.22% | -6.78% | -14.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -1.28% | -2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -3.64% | -1.28% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.02% | -5.67% | -15.35% |
Max Drawdown (10Y)Largest decline over 10 years | -21.22% | -6.78% | -14.44% |
Current DrawdownCurrent decline from peak | -11.77% | -0.51% | -11.26% |
Average DrawdownAverage peak-to-trough decline | -4.94% | -1.19% | -3.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 0.40% | +0.82% |
Volatility
EL4K.DE vs. X03B.DE - Volatility Comparison
Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF (EL4K.DE) has a higher volatility of 1.56% compared to Xtrackers Eurozone Government Bond 1-3 UCITS ETF (X03B.DE) at 0.50%. This indicates that EL4K.DE's price experiences larger fluctuations and is considered to be riskier than X03B.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4K.DE | X03B.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | 0.50% | +1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 3.36% | 1.20% | +2.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.90% | 1.30% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.38% | 1.63% | +4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.12% | 1.32% | +3.80% |
EL4K.DE vs. X03B.DE - Expense Ratio Comparison
Both EL4K.DE and X03B.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. X03B.DE - Dividend Comparison
EL4K.DE's dividend yield for the trailing twelve months is around 2.52%, more than X03B.DE's 1.53% 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 | 2.52% | 1.58% | 1.25% | 1.24% | 0.56% | 0.60% | 0.67% | 0.89% | 0.81% | 1.90% | 1.92% | 2.45% |
X03B.DE Xtrackers Eurozone Government Bond 1-3 UCITS ETF | 1.53% | 1.39% | 0.98% | 0.28% | 0.12% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.65% | 0.66% |
Frequently Asked Questions
EL4K.DE and X03B.DE have a correlation of 0.84, 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.
EL4K.DE and X03B.DE have the same expense ratio: 0.15% per year.
EL4K.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 1-10, while X03B.DE tracks iBoxx® EUR Eurozone 1-3. They also come from different issuers: Deka and Xtrackers.
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