EL4M.DE vs. ELFB.DE
EL4M.DE (Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF) and ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) are both exchange-traded funds - EL4M.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 3-5, while ELFB.DE is a Europe Equities fund tracking the Solactive Eurozone Sustainability. Both are passively managed. Over the past 10 years, EL4M.DE returned -0.03%/yr vs 12.75%/yr for ELFB.DE. At a 0.02 correlation, their price movements are largely independent. EL4M.DE charges 0.15%/yr vs 0.40%/yr for ELFB.DE.
Performance
EL4M.DE vs. ELFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4M.DE achieves a -0.10% return, which is significantly lower than ELFB.DE's 9.36% return. Over the past 10 years, EL4M.DE has underperformed ELFB.DE with an annualized return of -0.03%, while ELFB.DE has yielded a comparatively higher 12.75% annualized return.
EL4M.DE
- 1D
- 0.08%
- 1M
- 0.06%
- YTD
- -0.10%
- 6M
- -0.01%
- 1Y
- 0.69%
- 3Y*
- 2.75%
- 5Y*
- -0.53%
- 10Y*
- -0.03%
ELFB.DE
- 1D
- 0.83%
- 1M
- 4.04%
- YTD
- 9.36%
- 6M
- 11.83%
- 1Y
- 23.25%
- 3Y*
- 25.21%
- 5Y*
- 16.33%
- 10Y*
- 12.75%
EL4M.DE vs. ELFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4M.DE Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF | -0.10% | 2.42% | 2.21% | 5.36% | -11.06% | -1.40% | 1.14% | 1.77% | 0.17% | -0.21% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 9.36% | 34.04% | 20.63% | 31.85% | -15.46% | 31.62% | -2.71% | 29.39% | -17.15% | 10.98% |
Correlation
The correlation between EL4M.DE and ELFB.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015 | 0.02 |
Over the past year, EL4M.DE and ELFB.DE have become more correlated (0.30) than their long-term average of 0.02, meaning their price movements have been converging.
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Return for Risk
EL4M.DE vs. ELFB.DE — Risk / Return Rank
EL4M.DE
ELFB.DE
EL4M.DE vs. ELFB.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF (EL4M.DE) and Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.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.
| EL4M.DE | ELFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.23 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.14 | 1.93 | -1.79 |
| Martin ratioReturn relative to average drawdown | 0.39 | 6.88 | -6.48 |
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
| EL4M.DE | ELFB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.13 | 1.28 | -1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.82 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.64 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.56 | -0.08 |
Drawdowns
EL4M.DE vs. ELFB.DE - Drawdown Comparison
The maximum EL4M.DE drawdown since its inception was -13.53%, smaller than the maximum ELFB.DE drawdown of -42.72%. Use the drawdown chart below to compare losses from any high point for EL4M.DE and ELFB.DE.
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Drawdown Indicators
| EL4M.DE | ELFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.53% | -42.72% | +29.19% |
Max Drawdown (1Y)Largest decline over 1 year | -2.63% | -12.55% | +9.92% |
Max Drawdown (3Y)Largest decline over 3 years | -2.63% | -16.40% | +13.77% |
Max Drawdown (5Y)Largest decline over 5 years | -13.20% | -29.56% | +16.36% |
Max Drawdown (10Y)Largest decline over 10 years | -13.53% | -42.72% | +29.19% |
Current DrawdownCurrent decline from peak | -3.72% | -0.37% | -3.35% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -7.15% | +4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 3.53% | -2.58% |
Volatility
EL4M.DE vs. ELFB.DE - Volatility Comparison
The current volatility for Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF (EL4M.DE) is 1.19%, while Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a volatility of 5.34%. This indicates that EL4M.DE experiences smaller price fluctuations and is considered to be less risky than ELFB.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4M.DE | ELFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 5.34% | -4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 15.10% | -12.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.99% | 18.91% | -15.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.04% | 19.73% | -15.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.13% | 20.99% | -17.86% |
EL4M.DE vs. ELFB.DE - Expense Ratio Comparison
EL4M.DE has a 0.15% expense ratio, which is lower than ELFB.DE's 0.40% expense ratio.
Dividends
EL4M.DE vs. ELFB.DE - Dividend Comparison
EL4M.DE's dividend yield for the trailing twelve months is around 2.17%, more than ELFB.DE's 2.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4M.DE Deka iBoxx EUR Liquid Sovereign Diversified 3-5 UCITS ETF | 2.17% | 2.76% | 1.93% | 1.89% | 0.55% | 0.79% | 1.06% | 1.41% | 1.08% | 2.12% | 1.66% | 1.83% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.02% | 2.18% | 2.63% | 2.73% | 3.03% | 1.78% | 1.12% | 3.22% | 3.60% | 2.56% | 2.77% | 0.00% |
Frequently Asked Questions
EL4M.DE and ELFB.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4M.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4M.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for ELFB.DE.
EL4M.DE is categorized as European Government Bonds, while ELFB.DE is Europe Equities. EL4M.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 3-5, while ELFB.DE tracks Solactive Eurozone Sustainability. Their fees differ too: 0.15% for EL4M.DE and 0.40% for ELFB.DE.
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