EL4P.DE vs. EL42.DE
EL4P.DE (Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF) and EL42.DE (Deka MSCI Europe UCITS ETF) are both exchange-traded funds - EL4P.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 7-10, while EL42.DE is a Europe Equities fund tracking the MSCI Europe. Both are passively managed. Over the past 10 years, EL4P.DE returned -0.11%/yr vs 8.94%/yr for EL42.DE. At a 0.08 correlation, their price movements are largely independent. EL4P.DE charges 0.15%/yr vs 0.30%/yr for EL42.DE.
Performance
EL4P.DE vs. EL42.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EL4P.DE achieves a 0.16% return, which is significantly lower than EL42.DE's 7.59% return. Over the past 10 years, EL4P.DE has underperformed EL42.DE with an annualized return of -0.11%, while EL42.DE has yielded a comparatively higher 8.94% annualized return.
EL4P.DE
- 1D
- 0.06%
- 1M
- 0.03%
- YTD
- 0.16%
- 6M
- 0.17%
- 1Y
- 0.76%
- 3Y*
- 2.69%
- 5Y*
- -2.34%
- 10Y*
- -0.11%
EL42.DE
- 1D
- 0.56%
- 1M
- 1.11%
- YTD
- 7.59%
- 6M
- 9.92%
- 1Y
- 15.89%
- 3Y*
- 13.43%
- 5Y*
- 9.71%
- 10Y*
- 8.94%
EL4P.DE vs. EL42.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4P.DE Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF | 0.16% | 1.64% | 1.06% | 8.67% | -20.09% | -3.04% | 4.34% | 6.96% | 1.47% | 0.72% |
EL42.DE Deka MSCI Europe UCITS ETF | 7.59% | 20.03% | 7.79% | 15.64% | -9.11% | 24.38% | -3.36% | 27.36% | -10.93% | 10.10% |
Correlation
The correlation between EL4P.DE and EL42.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2009 | 0.08 |
Over the past year, EL4P.DE and EL42.DE have become more correlated (0.42) than their long-term average of 0.08, meaning their price movements have been converging.
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
EL4P.DE vs. EL42.DE — Risk / Return Rank
EL4P.DE
EL42.DE
EL4P.DE vs. EL42.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF (EL4P.DE) and Deka MSCI Europe UCITS ETF (EL42.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.
| EL4P.DE | EL42.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.24 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 1.67 | -1.59 |
| Martin ratioReturn relative to average drawdown | 0.21 | 6.24 | -6.02 |
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
| EL4P.DE | EL42.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 1.25 | -1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.68 | -0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.57 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.60 | -0.16 |
Drawdowns
EL4P.DE vs. EL42.DE - Drawdown Comparison
The maximum EL4P.DE drawdown since its inception was -23.50%, smaller than the maximum EL42.DE drawdown of -35.85%. Use the drawdown chart below to compare losses from any high point for EL4P.DE and EL42.DE.
Loading charts...
Drawdown Indicators
| EL4P.DE | EL42.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.50% | -35.85% | +12.35% |
Max Drawdown (1Y)Largest decline over 1 year | -4.09% | -9.57% | +5.48% |
Max Drawdown (3Y)Largest decline over 3 years | -4.65% | -16.42% | +11.77% |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | -19.44% | -3.69% |
Max Drawdown (10Y)Largest decline over 10 years | -23.50% | -35.85% | +12.35% |
Current DrawdownCurrent decline from peak | -13.76% | -1.52% | -12.24% |
Average DrawdownAverage peak-to-trough decline | -5.77% | -5.32% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 2.56% | -1.03% |
Volatility
EL4P.DE vs. EL42.DE - Volatility Comparison
The current volatility for Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF (EL4P.DE) is 1.99%, while Deka MSCI Europe UCITS ETF (EL42.DE) has a volatility of 4.22%. This indicates that EL4P.DE experiences smaller price fluctuations and is considered to be less risky than EL42.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4P.DE | EL42.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 4.22% | -2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 10.55% | -6.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.97% | 12.74% | -7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.48% | 14.21% | -6.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 15.56% | -9.50% |
EL4P.DE vs. EL42.DE - Expense Ratio Comparison
EL4P.DE has a 0.15% expense ratio, which is lower than EL42.DE's 0.30% expense ratio.
Dividends
EL4P.DE vs. EL42.DE - Dividend Comparison
EL4P.DE's dividend yield for the trailing twelve months is around 3.64%, more than EL42.DE's 2.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL42.DE Deka MSCI Europe UCITS ETF | 2.15% | 2.31% | 2.64% | 2.59% | 2.78% | 2.09% | 1.94% | 2.76% | 3.41% | 2.72% | 3.00% | 2.69% |
EL4P.DE Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF | 3.64% | 2.66% | 1.83% | 1.37% | 0.39% | 0.62% | 0.83% | 1.08% | 0.64% | 1.41% | 1.80% | 2.32% |
Frequently Asked Questions
EL4P.DE and EL42.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4P.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4P.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for EL42.DE.
EL4P.DE is categorized as European Government Bonds, while EL42.DE is Europe Equities. EL4P.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 7-10, while EL42.DE tracks MSCI Europe. Their fees differ too: 0.15% for EL4P.DE and 0.30% for EL42.DE.
Find the right allocation for EL4P.DE and EL42.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