EL4X.DE vs. D6RD.DE

Last updated Jun 5, 2026

EL4X.DE (Deka DAXplus Maximum Dividend UCITS ETF) and D6RD.DE (Deka Future Energy ESG UCITS ETF) are both exchange-traded funds - EL4X.DE is a Europe Equities fund tracking the DAXplus® Maximum Dividend, while D6RD.DE is a Energy Equities fund tracking the Solactive Future Energy ESG. Both are passively managed. Over the past 3 years, EL4X.DE returned 9.31%/yr vs 9.84%/yr for D6RD.DE. A 0.50 correlation means they provide meaningful diversification when combined. EL4X.DE charges 0.30%/yr vs 0.55%/yr for D6RD.DE.

Performance

EL4X.DE vs. D6RD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka DAXplus Maximum Dividend UCITS ETF (EL4X.DE) and Deka Future Energy ESG UCITS ETF (D6RD.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EL4X.DE achieves a 6.17% return, which is significantly lower than D6RD.DE's 48.10% return.

EL4X.DE

• 1D: 0.59%
• 1M: -0.32%
• YTD: 6.17%
• 6M: 9.91%
• 1Y: 6.78%
• 3Y*: 9.31%
• 5Y*: 2.45%
• 10Y*: 2.29%

D6RD.DE

• 1D: -2.87%
• 1M: 15.49%
• YTD: 48.10%
• 6M: 51.22%
• 1Y: 98.85%
• 3Y*: 9.84%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EL4X.DE vs. D6RD.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EL4X.DE Deka DAXplus Maximum Dividend UCITS ETF	6.17%	14.14%	-1.45%	26.38%	1.08%
D6RD.DE Deka Future Energy ESG UCITS ETF	48.10%	24.03%	-13.45%	-18.15%	-5.96%

Correlation

The correlation between EL4X.DE and D6RD.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jul 15, 2022	0.50

The correlation between EL4X.DE and D6RD.DE has been stable across timeframes, ranging from 0.44 to 0.50 - a consistent structural relationship.

Return for Risk

EL4X.DE vs. D6RD.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EL4X.DE

EL4X.DE Risk / Return Rank: 16
EL4X.DE Sharpe Ratio Rank: 16
EL4X.DE Sortino Ratio Rank: 16
EL4X.DE Omega Ratio Rank: 16
EL4X.DE Calmar Ratio Rank: 18
EL4X.DE Martin Ratio Rank: 16

D6RD.DE

D6RD.DE Risk / Return Rank: 94
D6RD.DE Sharpe Ratio Rank: 95
D6RD.DE Sortino Ratio Rank: 93
D6RD.DE Omega Ratio Rank: 91
D6RD.DE Calmar Ratio Rank: 97
D6RD.DE Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EL4X.DE vs. D6RD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka DAXplus Maximum Dividend UCITS ETF (EL4X.DE) and Deka Future Energy ESG UCITS ETF (D6RD.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.

	EL4X.DE	D6RD.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.44	3.82	-3.38
Sortino ratio: Return per unit of downside risk	0.72	4.58	-3.87
Omega ratio: Gain probability vs. loss probability	1.09	1.58	-0.49
Calmar ratio: Return relative to maximum drawdown	0.68	11.04	-10.35
Martin ratio: Return relative to average drawdown	1.48	39.49	-38.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EL4X.DE vs. D6RD.DE - Sharpe Ratio Comparison

The current EL4X.DE Sharpe Ratio is 0.44, which is lower than the D6RD.DE Sharpe Ratio of 3.82. The chart below compares the historical Sharpe Ratios of EL4X.DE and D6RD.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EL4X.DE	D6RD.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	3.82	-3.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.20	+0.09

Drawdowns

EL4X.DE vs. D6RD.DE - Drawdown Comparison

The maximum EL4X.DE drawdown since its inception was -52.91%, smaller than the maximum D6RD.DE drawdown of -59.57%. Use the drawdown chart below to compare losses from any high point for EL4X.DE and D6RD.DE.

Drawdown Indicators

	EL4X.DE	D6RD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-52.91%	-59.57%	+6.66%
Max Drawdown (1Y) Largest decline over 1 year	-9.87%	-8.91%	-0.96%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	-45.73%	+29.13%
Max Drawdown (5Y) Largest decline over 5 years	-34.51%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.91%	—	—
Current Drawdown Current decline from peak	-2.74%	-2.87%	+0.13%
Average Drawdown Average peak-to-trough decline	-12.17%	-35.16%	+22.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	2.49%	+2.07%

Volatility

EL4X.DE vs. D6RD.DE - Volatility Comparison

The current volatility for Deka DAXplus Maximum Dividend UCITS ETF (EL4X.DE) is 4.54%, while Deka Future Energy ESG UCITS ETF (D6RD.DE) has a volatility of 10.63%. This indicates that EL4X.DE experiences smaller price fluctuations and is considered to be less risky than D6RD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EL4X.DE	D6RD.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	10.63%	-6.09%
Volatility (6M) Calculated over the trailing 6-month period	11.68%	18.24%	-6.56%
Volatility (1Y) Calculated over the trailing 1-year period	15.25%	25.71%	-10.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.85%	26.13%	-9.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	26.13%	-7.90%

EL4X.DE vs. D6RD.DE - Expense Ratio Comparison

EL4X.DE has a 0.30% expense ratio, which is lower than D6RD.DE's 0.55% expense ratio.

Dividends

EL4X.DE vs. D6RD.DE - Dividend Comparison

EL4X.DE's dividend yield for the trailing twelve months is around 4.73%, more than D6RD.DE's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
D6RD.DE Deka Future Energy ESG UCITS ETF	0.34%	0.59%	0.72%	0.81%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EL4X.DE Deka DAXplus Maximum Dividend UCITS ETF	4.73%	5.11%	7.17%	5.99%	8.64%	3.83%	2.89%	6.66%	8.48%	7.17%	7.37%	5.62%

Frequently Asked Questions

Can I hold both EL4X.DE and D6RD.DE in my portfolio?

EL4X.DE and D6RD.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EL4X.DE or D6RD.DE?

On fees, EL4X.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EL4X.DE or D6RD.DE?

EL4X.DE is cheaper with a 0.30% expense ratio, compared with 0.55% for D6RD.DE.

What is the main difference between EL4X.DE and D6RD.DE?

EL4X.DE is categorized as Europe Equities, while D6RD.DE is Energy Equities. EL4X.DE tracks DAXplus® Maximum Dividend, while D6RD.DE tracks Solactive Future Energy ESG. Their fees differ too: 0.30% for EL4X.DE and 0.55% for D6RD.DE.