ELF0.DE vs. EL4C.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) are both Europe Equities funds from Deka - ELF0.DE tracks the DAX® ex Financials 30 while EL4C.DE tracks the STOXX® Europe Strong Growth 20. Both are passively managed. Over the past 10 years, ELF0.DE returned 7.55%/yr vs 7.35%/yr for EL4C.DE. A 0.60 correlation means they provide meaningful diversification when combined. ELF0.DE charges 0.30%/yr vs 0.65%/yr for EL4C.DE.
Performance
ELF0.DE vs. EL4C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELF0.DE achieves a 7.39% return, which is significantly lower than EL4C.DE's 12.27% return. Both investments have delivered pretty close results over the past 10 years, with ELF0.DE having a 7.55% annualized return and EL4C.DE not far behind at 7.35%.
ELF0.DE
- 1D
- 0.23%
- 1M
- 1.13%
- YTD
- 7.39%
- 6M
- 9.09%
- 1Y
- 7.84%
- 3Y*
- 13.49%
- 5Y*
- 6.68%
- 10Y*
- 7.55%
EL4C.DE
- 1D
- 0.62%
- 1M
- -1.94%
- YTD
- 12.27%
- 6M
- 13.80%
- 1Y
- 4.48%
- 3Y*
- 1.76%
- 5Y*
- -2.09%
- 10Y*
- 7.35%
ELF0.DE vs. EL4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELF0.DE Deka DAX ex Financials 30 UCITS ETF | 7.39% | 22.31% | 11.90% | 15.27% | -18.05% | 14.05% | 5.05% | 23.64% | -20.14% | 11.11% |
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 12.27% | -3.34% | -6.07% | 15.53% | -35.98% | 26.15% | 24.97% | 48.01% | -5.01% | 21.71% |
Correlation
The correlation between ELF0.DE and EL4C.DE is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2013 | 0.60 |
The correlation between ELF0.DE and EL4C.DE shifts across timeframes, from 0.60 (all time) to 0.74 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ELF0.DE vs. EL4C.DE — Risk / Return Rank
ELF0.DE
EL4C.DE
ELF0.DE vs. EL4C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) and Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.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.
| ELF0.DE | EL4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.06 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.33 | +0.31 |
| Martin ratioReturn relative to average drawdown | 1.96 | 0.70 | +1.25 |
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
| ELF0.DE | EL4C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 0.23 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | -0.09 | +0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.35 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.36 | +0.04 |
Drawdowns
ELF0.DE vs. EL4C.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, smaller than the maximum EL4C.DE drawdown of -50.13%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and EL4C.DE.
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Drawdown Indicators
| ELF0.DE | EL4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -50.13% | +9.14% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -15.20% | +2.97% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -28.07% | +10.58% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -44.48% | +13.31% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | -44.48% | +3.49% |
Current DrawdownCurrent decline from peak | -1.35% | -26.07% | +24.72% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -16.08% | +7.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 7.19% | -3.17% |
Volatility
ELF0.DE vs. EL4C.DE - Volatility Comparison
The current volatility for Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) is 5.33%, while Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a volatility of 7.32%. This indicates that ELF0.DE experiences smaller price fluctuations and is considered to be less risky than EL4C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELF0.DE | EL4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 7.32% | -1.99% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 17.65% | -3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 21.87% | -4.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 22.58% | -4.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 21.55% | -2.74% |
ELF0.DE vs. EL4C.DE - Expense Ratio Comparison
ELF0.DE has a 0.30% expense ratio, which is lower than EL4C.DE's 0.65% expense ratio.
Dividends
ELF0.DE vs. EL4C.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, more than EL4C.DE's 0.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 0.79% | 0.79% | 0.67% | 0.42% | 4.57% | 0.00% | 0.00% | 0.00% | 0.21% | 0.16% | 0.24% | 0.17% |
ELF0.DE Deka DAX ex Financials 30 UCITS ETF | 1.66% | 2.10% | 2.35% | 3.01% | 2.78% | 1.58% | 1.74% | 2.22% | 2.82% | 2.24% | 2.23% | 2.18% |
Frequently Asked Questions
ELF0.DE and EL4C.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELF0.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELF0.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for EL4C.DE.
ELF0.DE tracks DAX® ex Financials 30, while EL4C.DE tracks STOXX® Europe Strong Growth 20. Their fees differ too: 0.30% for ELF0.DE and 0.65% for EL4C.DE.
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