EL4P.DE vs. EL49.DE
EL4P.DE (Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF) and EL49.DE (Deka iBoxx EUR Liquid Corporates Diversified 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 EL49.DE is a European Corporate Bonds fund tracking the iBoxx® EUR Liquid Corporates Diversified. Both are passively managed. Over the past 10 years, EL4P.DE returned -0.11%/yr vs 0.63%/yr for EL49.DE. A 0.61 correlation means they provide meaningful diversification when combined. EL4P.DE charges 0.15%/yr vs 0.20%/yr for EL49.DE.
Performance
EL4P.DE vs. EL49.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 EL49.DE's 0.49% return. Over the past 10 years, EL4P.DE has underperformed EL49.DE with an annualized return of -0.11%, while EL49.DE has yielded a comparatively higher 0.63% 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%
EL49.DE
- 1D
- 0.02%
- 1M
- 0.35%
- YTD
- 0.49%
- 6M
- 0.22%
- 1Y
- 1.76%
- 3Y*
- 4.31%
- 5Y*
- -0.16%
- 10Y*
- 0.63%
EL4P.DE vs. EL49.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% |
EL49.DE Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF | 0.49% | 2.66% | 4.06% | 7.13% | -13.01% | -1.51% | 1.80% | 5.80% | -1.28% | 0.93% |
Correlation
The correlation between EL4P.DE and EL49.DE is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Mar 5, 2010 | 0.61 |
Over the past year, EL4P.DE and EL49.DE have become more correlated (0.81) than their long-term average of 0.61, 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. EL49.DE — Risk / Return Rank
EL4P.DE
EL49.DE
EL4P.DE vs. EL49.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 iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.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 | EL49.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.07 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.08 | 0.46 | -0.38 |
| Martin ratioReturn relative to average drawdown | 0.21 | 1.52 | -1.31 |
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 | EL49.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.36 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | -0.03 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.12 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.47 | -0.03 |
Drawdowns
EL4P.DE vs. EL49.DE - Drawdown Comparison
The maximum EL4P.DE drawdown since its inception was -23.50%, which is greater than EL49.DE's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for EL4P.DE and EL49.DE.
Loading charts...
Drawdown Indicators
| EL4P.DE | EL49.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.50% | -16.77% | -6.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.09% | -3.05% | -1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -4.65% | -3.05% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -23.13% | -16.77% | -6.36% |
Max Drawdown (10Y)Largest decline over 10 years | -23.50% | -16.77% | -6.73% |
Current DrawdownCurrent decline from peak | -13.76% | -1.87% | -11.89% |
Average DrawdownAverage peak-to-trough decline | -5.77% | -3.21% | -2.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 0.92% | +0.61% |
Volatility
EL4P.DE vs. EL49.DE - Volatility Comparison
Deka iBoxx EUR Liquid Sovereign Diversified 7-10 UCITS ETF (EL4P.DE) has a higher volatility of 1.99% compared to Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF (EL49.DE) at 1.28%. This indicates that EL4P.DE's price experiences larger fluctuations and is considered to be riskier than EL49.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EL4P.DE | EL49.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.28% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 4.11% | 3.42% | +0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.97% | 3.85% | +1.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.48% | 4.88% | +2.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 5.25% | +0.81% |
EL4P.DE vs. EL49.DE - Expense Ratio Comparison
EL4P.DE has a 0.15% expense ratio, which is lower than EL49.DE's 0.20% 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
EL4P.DE vs. EL49.DE - Dividend Comparison
EL4P.DE's dividend yield for the trailing twelve months is around 3.64%, more than EL49.DE's 3.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL49.DE Deka iBoxx EUR Liquid Corporates Diversified UCITS ETF | 3.49% | 3.50% | 3.24% | 3.04% | 0.75% | 0.69% | 0.69% | 0.88% | 0.75% | 1.15% | 1.52% | 1.82% |
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 EL49.DE have a correlation of 0.81, 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 0.20% for EL49.DE.
EL4P.DE is categorized as European Government Bonds, while EL49.DE is European Corporate Bonds. EL4P.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 7-10, while EL49.DE tracks iBoxx® EUR Liquid Corporates Diversified. Their fees differ too: 0.15% for EL4P.DE and 0.20% for EL49.DE.
Find the right allocation for EL4P.DE and EL49.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