EL4T.DE vs. KX1G.DE
EL4T.DE (Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF) and KX1G.DE (Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR) are both European Government Bonds funds - EL4T.DE tracks the Deutsche Börse EUROGOV® Germany 3-5 while KX1G.DE tracks the FTSE Lowest-Rated Eurozone Government Bond Investment Grade. Both are passively managed. Over the past 10 years, EL4T.DE returned -0.56%/yr vs 0.22%/yr for KX1G.DE. A 0.52 correlation means they provide meaningful diversification when combined. EL4T.DE charges 0.15%/yr vs 0.14%/yr for KX1G.DE.
Performance
EL4T.DE vs. KX1G.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EL4T.DE achieves a -0.14% return, which is significantly lower than KX1G.DE's 0.22% return. Over the past 10 years, EL4T.DE has underperformed KX1G.DE with an annualized return of -0.56%, while KX1G.DE has yielded a comparatively higher 0.22% annualized return.
EL4T.DE
- 1D
- 0.05%
- 1M
- -0.02%
- YTD
- -0.14%
- 6M
- -0.19%
- 1Y
- 0.11%
- 3Y*
- 1.95%
- 5Y*
- -0.85%
- 10Y*
- -0.56%
KX1G.DE
- 1D
- 0.13%
- 1M
- 0.03%
- YTD
- 0.22%
- 6M
- 0.15%
- 1Y
- 0.78%
- 3Y*
- 3.02%
- 5Y*
- -1.81%
- 10Y*
- 0.22%
EL4T.DE vs. KX1G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EL4T.DE Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF | -0.14% | 1.23% | 1.66% | 4.09% | -9.83% | -1.28% | -0.09% | -0.15% | 0.48% | -1.32% |
KX1G.DE Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR | 0.22% | 1.21% | 2.65% | 7.57% | -18.42% | -3.38% | 5.42% | 8.82% | 0.15% | 0.54% |
Correlation
The correlation between EL4T.DE and KX1G.DE is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.52 |
Over the past year, EL4T.DE and KX1G.DE have become more correlated (0.85) than their long-term average of 0.52, meaning their price movements have been converging.
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Return for Risk
EL4T.DE vs. KX1G.DE — Risk / Return Rank
EL4T.DE
KX1G.DE
EL4T.DE vs. KX1G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF (EL4T.DE) and Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.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.
| EL4T.DE | KX1G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.02 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 0.13 | -0.20 |
| Martin ratioReturn relative to average drawdown | -0.17 | 0.34 | -0.51 |
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
| EL4T.DE | KX1G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 0.10 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | -0.27 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.21 | 0.04 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | 0.41 | -0.15 |
Drawdowns
EL4T.DE vs. KX1G.DE - Drawdown Comparison
The maximum EL4T.DE drawdown since its inception was -13.89%, smaller than the maximum KX1G.DE drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for EL4T.DE and KX1G.DE.
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Drawdown Indicators
| EL4T.DE | KX1G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.89% | -22.43% | +8.54% |
Max Drawdown (1Y)Largest decline over 1 year | -2.04% | -3.54% | +1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -2.28% | -4.22% | +1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -12.08% | -21.59% | +9.51% |
Max Drawdown (10Y)Largest decline over 10 years | -13.89% | -22.43% | +8.54% |
Current DrawdownCurrent decline from peak | -6.64% | -12.10% | +5.46% |
Average DrawdownAverage peak-to-trough decline | -3.05% | -6.69% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 1.34% | -0.53% |
Volatility
EL4T.DE vs. KX1G.DE - Volatility Comparison
The current volatility for Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF (EL4T.DE) is 0.98%, while Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR (KX1G.DE) has a volatility of 1.76%. This indicates that EL4T.DE experiences smaller price fluctuations and is considered to be less risky than KX1G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EL4T.DE | KX1G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 1.76% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 3.80% | -1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 4.57% | -2.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.49% | 6.66% | -3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.69% | 5.94% | -3.25% |
EL4T.DE vs. KX1G.DE - Expense Ratio Comparison
EL4T.DE has a 0.15% expense ratio, which is higher than KX1G.DE's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EL4T.DE vs. KX1G.DE - Dividend Comparison
EL4T.DE's dividend yield for the trailing twelve months is around 1.35%, while KX1G.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4T.DE Deka Deutsche Boerse EUROGOV Germany 3-5 UCITS ETF | 1.35% | 1.33% | 1.34% | 0.83% | 0.21% | 0.61% | 0.96% | 0.99% | 0.91% | 1.44% | 1.56% | 1.80% |
KX1G.DE Amundi Government Bond Lowest Rated Euro Investment Grade UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EL4T.DE and KX1G.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KX1G.DE is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KX1G.DE is cheaper with a 0.14% expense ratio, compared with 0.15% for EL4T.DE.
EL4T.DE tracks Deutsche Börse EUROGOV® Germany 3-5, while KX1G.DE tracks FTSE Lowest-Rated Eurozone Government Bond Investment Grade. They also come from different issuers: Deka and Amundi. Their fees differ too: 0.15% for EL4T.DE and 0.14% for KX1G.DE.
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