EL4L.DE vs. D6RQ.DE
EL4L.DE (Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF) and D6RQ.DE (Deka MSCI USA Climate Change ESG UCITS ETF) are both exchange-traded funds - EL4L.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 1-3, while D6RQ.DE is a Large Cap Blend Equities fund tracking the MSCI USA Climate Change ESG Select. Both are passively managed. Over the past 5 years, EL4L.DE returned 0.29%/yr vs 17.54%/yr for D6RQ.DE. At a 0.05 correlation, their price movements are largely independent. EL4L.DE charges 0.15%/yr vs 0.25%/yr for D6RQ.DE.
Performance
EL4L.DE vs. D6RQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4L.DE achieves a -0.08% return, which is significantly lower than D6RQ.DE's 14.41% return.
EL4L.DE
- 1D
- 0.01%
- 1M
- -0.01%
- YTD
- -0.08%
- 6M
- 0.05%
- 1Y
- 0.71%
- 3Y*
- 2.56%
- 5Y*
- 0.29%
- 10Y*
- 0.07%
D6RQ.DE
- 1D
- -0.56%
- 1M
- 7.43%
- YTD
- 14.41%
- 6M
- 13.29%
- 1Y
- 33.08%
- 3Y*
- 23.10%
- 5Y*
- 17.54%
- 10Y*
- —
EL4L.DE vs. D6RQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EL4L.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF | -0.08% | 2.34% | 2.62% | 3.63% | -6.25% | -0.92% | 0.15% |
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF | 14.41% | 4.36% | 42.08% | 34.15% | -22.07% | 41.44% | 12.56% |
Correlation
The correlation between EL4L.DE and D6RQ.DE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020 | 0.05 |
The correlation between EL4L.DE and D6RQ.DE shifts across timeframes, from 0.05 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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
EL4L.DE vs. D6RQ.DE — Risk / Return Rank
EL4L.DE
D6RQ.DE
EL4L.DE vs. D6RQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF (EL4L.DE) and Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.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.
| EL4L.DE | D6RQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.39 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | 2.69 | -2.37 |
| Martin ratioReturn relative to average drawdown | 0.97 | 7.85 | -6.88 |
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
| EL4L.DE | D6RQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 2.23 | -1.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.97 | -0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 1.09 | -0.59 |
Drawdowns
EL4L.DE vs. D6RQ.DE - Drawdown Comparison
The maximum EL4L.DE drawdown since its inception was -8.73%, smaller than the maximum D6RQ.DE drawdown of -27.29%. Use the drawdown chart below to compare losses from any high point for EL4L.DE and D6RQ.DE.
Loading charts...
Drawdown Indicators
| EL4L.DE | D6RQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -27.29% | +18.56% |
Max Drawdown (1Y)Largest decline over 1 year | -1.61% | -12.28% | +10.67% |
Max Drawdown (3Y)Largest decline over 3 years | -1.61% | -27.29% | +25.68% |
Max Drawdown (5Y)Largest decline over 5 years | -7.75% | -27.29% | +19.54% |
Max Drawdown (10Y)Largest decline over 10 years | -8.73% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -0.84% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.41% | -5.82% | +4.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 4.22% | -3.68% |
Volatility
EL4L.DE vs. D6RQ.DE - Volatility Comparison
The current volatility for Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF (EL4L.DE) is 0.58%, while Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) has a volatility of 4.06%. This indicates that EL4L.DE experiences smaller price fluctuations and is considered to be less risky than D6RQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4L.DE | D6RQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | 4.06% | -3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 1.46% | 10.35% | -8.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.71% | 14.84% | -13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.25% | 17.79% | -15.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.70% | 17.56% | -15.86% |
EL4L.DE vs. D6RQ.DE - Expense Ratio Comparison
EL4L.DE has a 0.15% expense ratio, which is lower than D6RQ.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EL4L.DE vs. D6RQ.DE - Dividend Comparison
EL4L.DE's dividend yield for the trailing twelve months is around 1.65%, more than D6RQ.DE's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
D6RQ.DE Deka MSCI USA Climate Change ESG UCITS ETF | 0.37% | 0.53% | 0.39% | 0.60% | 0.80% | 0.46% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EL4L.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF | 1.65% | 1.36% | 1.37% | 0.26% | 0.34% | 0.41% | 0.51% | 1.07% | 0.69% | 1.55% | 1.58% | 1.85% |
Frequently Asked Questions
EL4L.DE and D6RQ.DE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4L.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4L.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for D6RQ.DE.
EL4L.DE is categorized as European Government Bonds, while D6RQ.DE is Large Cap Blend Equities. EL4L.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 1-3, while D6RQ.DE tracks MSCI USA Climate Change ESG Select. Their fees differ too: 0.15% for EL4L.DE and 0.25% for D6RQ.DE.
Find the right allocation for EL4L.DE and D6RQ.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