ELF0.DE vs. EL4G.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and EL4G.DE (Deka EURO STOXX Select Dividend 30 UCITS ETF) are both Europe Equities funds from Deka - ELF0.DE tracks the DAX® ex Financials 30 while EL4G.DE tracks the EURO STOXX® Select Dividend 30. Both are passively managed. Over the past 10 years, ELF0.DE returned 7.55%/yr vs 7.22%/yr for EL4G.DE. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
ELF0.DE vs. EL4G.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 EL4G.DE's 7.82% return. Both investments have delivered pretty close results over the past 10 years, with ELF0.DE having a 7.55% annualized return and EL4G.DE not far behind at 7.22%.
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%
EL4G.DE
- 1D
- 0.34%
- 1M
- 1.11%
- YTD
- 7.82%
- 6M
- 10.85%
- 1Y
- 20.67%
- 3Y*
- 19.84%
- 5Y*
- 9.08%
- 10Y*
- 7.22%
ELF0.DE vs. EL4G.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% |
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF | 7.82% | 42.41% | 7.70% | 4.13% | -12.83% | 23.11% | -18.16% | 22.50% | -11.36% | 9.45% |
Correlation
The correlation between ELF0.DE and EL4G.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2013 | 0.79 |
The correlation between ELF0.DE and EL4G.DE shifts across timeframes, from 0.69 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ELF0.DE vs. EL4G.DE — Risk / Return Rank
ELF0.DE
EL4G.DE
ELF0.DE vs. EL4G.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 EURO STOXX Select Dividend 30 UCITS ETF (EL4G.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 | EL4G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.34 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 2.67 | -2.03 |
| Martin ratioReturn relative to average drawdown | 1.96 | 8.37 | -6.41 |
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 | EL4G.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 1.82 | -1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.62 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.42 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.28 | +0.13 |
Drawdowns
ELF0.DE vs. EL4G.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, smaller than the maximum EL4G.DE drawdown of -55.57%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and EL4G.DE.
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Drawdown Indicators
| ELF0.DE | EL4G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -55.57% | +14.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -7.86% | -4.37% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -12.71% | -4.78% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -24.15% | -7.02% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | -42.41% | +1.42% |
Current DrawdownCurrent decline from peak | -1.35% | -1.41% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -10.93% | +2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 2.51% | +1.51% |
Volatility
ELF0.DE vs. EL4G.DE - Volatility Comparison
Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) has a higher volatility of 5.33% compared to Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G.DE) at 3.32%. This indicates that ELF0.DE's price experiences larger fluctuations and is considered to be riskier than EL4G.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 | EL4G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 3.32% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 9.37% | +4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 11.55% | +5.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 14.54% | +3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 17.09% | +1.72% |
ELF0.DE vs. EL4G.DE - Expense Ratio Comparison
Both ELF0.DE and EL4G.DE have an expense ratio of 0.30%.
Dividends
ELF0.DE vs. EL4G.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, less than EL4G.DE's 4.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4G.DE Deka EURO STOXX Select Dividend 30 UCITS ETF | 4.04% | 4.38% | 5.65% | 5.82% | 5.35% | 3.31% | 3.69% | 4.67% | 4.94% | 3.53% | 3.83% | 3.81% |
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 EL4G.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ELF0.DE and EL4G.DE have the same expense ratio: 0.30% per year.
ELF0.DE tracks DAX® ex Financials 30, while EL4G.DE tracks EURO STOXX® Select Dividend 30.
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