EL4Q.DE vs. ELFB.DE
EL4Q.DE (Deka iBoxx EUR Liquid Sovereign Diversified 10+ UCITS ETF) and ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) are both exchange-traded funds - EL4Q.DE is a European Government Bonds fund tracking the iBoxx EUR Liquid Sovereign Diversified 10+ Index, while ELFB.DE is a Europe Equities fund tracking the Solactive Eurozone Sustainability. Both are passively managed. Over the past 10 years, EL4Q.DE returned -2.50%/yr vs 13.70%/yr for ELFB.DE. At a correlation of -0.01, they often move in opposite directions. EL4Q.DE charges 0.15%/yr vs 0.40%/yr for ELFB.DE.
Performance
EL4Q.DE vs. ELFB.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4Q.DE achieves a -0.80% return, which is significantly lower than ELFB.DE's 13.16% return. Over the past 10 years, EL4Q.DE has underperformed ELFB.DE with an annualized return of -2.50%, while ELFB.DE has yielded a comparatively higher 13.70% annualized return.
EL4Q.DE
- 1D
- -0.38%
- 1M
- -1.97%
- 6M
- -1.68%
- YTD
- -0.80%
- 1Y
- -0.76%
- 3Y*
- -0.02%
- 5Y*
- -8.69%
- 10Y*
- -2.50%
ELFB.DE
- 1D
- -0.36%
- 1M
- 0.82%
- 6M
- 10.35%
- YTD
- 13.16%
- 1Y
- 29.29%
- 3Y*
- 25.20%
- 5Y*
- 17.65%
- 10Y*
- 13.70%
EL4Q.DE vs. ELFB.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4Q.DE Deka iBoxx EUR Liquid Sovereign Diversified 10+ UCITS ETF | -0.80% | -4.72% | -1.64% | 9.77% | -36.18% | -7.93% | 13.24% | 19.50% | 1.64% | -0.28% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 13.16% | 34.01% | 20.68% | 31.84% | -16.00% | 32.48% | -2.72% | 29.42% | -18.76% | 11.00% |
Correlation
The correlation between EL4Q.DE and ELFB.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | -0.01 |
The correlation between EL4Q.DE and ELFB.DE shifts across timeframes, from -0.01 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EL4Q.DE vs. ELFB.DE — Risk / Return Rank
EL4Q.DE
ELFB.DE
EL4Q.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 10+ UCITS ETF (EL4Q.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EL4Q.DE | ELFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.28 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 2.32 | -2.44 |
| Martin ratioReturn relative to average drawdown | -0.23 | 8.53 | -8.77 |
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Drawdowns
EL4Q.DE vs. ELFB.DE - Drawdown Comparison
The maximum EL4Q.DE drawdown since its inception was -47.27%, which is greater than ELFB.DE's maximum drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for EL4Q.DE and ELFB.DE.
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Drawdown Indicators
| EL4Q.DE | ELFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.27% | -42.73% | -4.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -12.55% | +6.89% |
Max Drawdown (3Y)Largest decline over 3 years | -13.02% | -16.39% | +3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -45.32% | -29.58% | -15.74% |
Max Drawdown (10Y)Largest decline over 10 years | -47.27% | -42.73% | -4.54% |
Current DrawdownCurrent decline from peak | -40.57% | -2.41% | -38.16% |
Average DrawdownAverage peak-to-trough decline | -13.51% | -8.05% | -5.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.75% | 3.42% | -0.67% |
Volatility
EL4Q.DE vs. ELFB.DE - Volatility Comparison
The current volatility for Deka iBoxx EUR Liquid Sovereign Diversified 10+ UCITS ETF (EL4Q.DE) is 2.32%, while Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a volatility of 4.78%. This indicates that EL4Q.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
| EL4Q.DE | ELFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 4.78% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 6.72% | 15.76% | -9.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.58% | 18.94% | -10.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 19.77% | -5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.57% | 19.82% | -7.25% |
EL4Q.DE vs. ELFB.DE - Expense Ratio Comparison
EL4Q.DE has a 0.15% expense ratio, which is lower than ELFB.DE's 0.40% expense ratio.
Dividends
EL4Q.DE vs. ELFB.DE - Dividend Comparison
EL4Q.DE's dividend yield for the trailing twelve months is around 3.29%, more than ELFB.DE's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4Q.DE Deka iBoxx EUR Liquid Sovereign Diversified 10+ UCITS ETF | 3.29% | 2.65% | 1.77% | 1.93% | 1.40% | 1.18% | 1.30% | 1.67% | 1.49% | 2.64% | 2.40% | 2.69% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.26% | 2.18% | 2.63% | 2.73% | 3.03% | 1.77% | 1.12% | 3.22% | 1.26% | 2.56% | 2.77% | 0.00% |
Frequently Asked Questions
EL4Q.DE and ELFB.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4Q.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4Q.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for ELFB.DE.
EL4Q.DE is categorized as European Government Bonds, while ELFB.DE is Europe Equities. EL4Q.DE tracks iBoxx EUR Liquid Sovereign Diversified 10+ Index, while ELFB.DE tracks Solactive Eurozone Sustainability. Their fees differ too: 0.15% for EL4Q.DE and 0.40% for ELFB.DE.
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