ELF0.DE vs. ELFB.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) are both Europe Equities funds from Deka - ELF0.DE tracks the DAX® ex Financials 30 while ELFB.DE tracks the Solactive Eurozone Sustainability. Both are passively managed. Over the past 10 years, ELF0.DE returned 7.55%/yr vs 12.75%/yr for ELFB.DE. A 0.77 correlation means they provide meaningful diversification when combined. ELF0.DE charges 0.30%/yr vs 0.40%/yr for ELFB.DE.
Performance
ELF0.DE vs. ELFB.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 ELFB.DE's 9.36% return. Over the past 10 years, ELF0.DE has underperformed ELFB.DE with an annualized return of 7.55%, while ELFB.DE has yielded a comparatively higher 12.75% annualized return.
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%
ELFB.DE
- 1D
- 0.83%
- 1M
- 4.04%
- YTD
- 9.36%
- 6M
- 11.83%
- 1Y
- 23.25%
- 3Y*
- 25.21%
- 5Y*
- 16.33%
- 10Y*
- 12.75%
ELF0.DE vs. ELFB.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% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 9.36% | 34.04% | 20.63% | 31.85% | -15.46% | 31.62% | -2.71% | 29.39% | -17.15% | 10.98% |
Correlation
The correlation between ELF0.DE and ELFB.DE is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015 | 0.77 |
The correlation between ELF0.DE and ELFB.DE has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.
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Return for Risk
ELF0.DE vs. ELFB.DE — Risk / Return Rank
ELF0.DE
ELFB.DE
ELF0.DE vs. ELFB.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 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.
| ELF0.DE | ELFB.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.23 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 1.93 | -1.29 |
| Martin ratioReturn relative to average drawdown | 1.96 | 6.88 | -4.92 |
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 | ELFB.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 1.28 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.82 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.64 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.56 | -0.15 |
Drawdowns
ELF0.DE vs. ELFB.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, roughly equal to the maximum ELFB.DE drawdown of -42.72%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and ELFB.DE.
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Drawdown Indicators
| ELF0.DE | ELFB.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -42.72% | +1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -12.55% | +0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -16.40% | -1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -29.56% | -1.61% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | -42.72% | +1.73% |
Current DrawdownCurrent decline from peak | -1.35% | -0.37% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -7.15% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 3.53% | +0.49% |
Volatility
ELF0.DE vs. ELFB.DE - Volatility Comparison
Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) and Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) have volatilities of 5.33% and 5.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELF0.DE | ELFB.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 5.34% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 15.10% | -1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 18.91% | -1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 19.73% | -1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 20.99% | -2.18% |
ELF0.DE vs. ELFB.DE - Expense Ratio Comparison
ELF0.DE has a 0.30% expense ratio, which is lower than ELFB.DE's 0.40% expense ratio.
Dividends
ELF0.DE vs. ELFB.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, less than ELFB.DE's 2.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.02% | 2.18% | 2.63% | 2.73% | 3.03% | 1.78% | 1.12% | 3.22% | 3.60% | 2.56% | 2.77% | 0.00% |
Frequently Asked Questions
ELF0.DE and ELFB.DE have a correlation of 0.80, 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 0.40% for ELFB.DE.
ELF0.DE tracks DAX® ex Financials 30, while ELFB.DE tracks Solactive Eurozone Sustainability. Their fees differ too: 0.30% for ELF0.DE and 0.40% for ELFB.DE.
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