ELF0.DE vs. ELFC.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both Europe Equities funds from Deka - ELF0.DE tracks the DAX® ex Financials 30 while ELFC.DE tracks the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. Over the past 10 years, ELF0.DE returned 7.55%/yr vs 8.86%/yr for ELFC.DE. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
ELF0.DE vs. ELFC.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 ELFC.DE's 12.62% return. Over the past 10 years, ELF0.DE has underperformed ELFC.DE with an annualized return of 7.55%, while ELFC.DE has yielded a comparatively higher 8.86% 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%
ELFC.DE
- 1D
- -0.33%
- 1M
- -0.31%
- YTD
- 12.62%
- 6M
- 11.95%
- 1Y
- 20.69%
- 3Y*
- 12.09%
- 5Y*
- 10.14%
- 10Y*
- 8.86%
ELF0.DE vs. ELFC.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% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 12.62% | 17.73% | -0.16% | 15.69% | 1.54% | 21.96% | -7.15% | 19.94% | -4.03% | 6.11% |
Correlation
The correlation between ELF0.DE and ELFC.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2015 | 0.74 |
Over the past year, the correlation between ELF0.DE and ELFC.DE has dropped to 0.52 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
ELF0.DE vs. ELFC.DE — Risk / Return Rank
ELF0.DE
ELFC.DE
ELF0.DE vs. ELFC.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 iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.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 | ELFC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.33 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 3.00 | -2.36 |
| Martin ratioReturn relative to average drawdown | 1.96 | 8.42 | -6.46 |
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 | ELFC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 1.81 | -1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.73 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.56 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.55 | -0.15 |
Drawdowns
ELF0.DE vs. ELFC.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, which is greater than ELFC.DE's maximum drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and ELFC.DE.
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Drawdown Indicators
| ELF0.DE | ELFC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -37.68% | -3.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -6.71% | -5.52% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -15.02% | -2.47% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -16.85% | -14.32% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | -37.68% | -3.31% |
Current DrawdownCurrent decline from peak | -1.35% | -1.60% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -4.70% | -3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 2.39% | +1.63% |
Volatility
ELF0.DE vs. ELFC.DE - Volatility Comparison
Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) has a higher volatility of 5.33% compared to Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) at 2.62%. This indicates that ELF0.DE's price experiences larger fluctuations and is considered to be riskier than ELFC.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 | ELFC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 2.62% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 8.07% | +5.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 11.12% | +6.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 13.76% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 16.40% | +2.41% |
ELF0.DE vs. ELFC.DE - Expense Ratio Comparison
Both ELF0.DE and ELFC.DE have an expense ratio of 0.30%.
Dividends
ELF0.DE vs. ELFC.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, less than ELFC.DE's 4.08% 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% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 4.08% | 4.45% | 4.66% | 4.66% | 4.91% | 3.85% | 2.83% | 3.64% | 4.20% | 3.53% | 3.57% | 0.00% |
Frequently Asked Questions
ELF0.DE and ELFC.DE have a correlation of 0.52, 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 ELFC.DE have the same expense ratio: 0.30% per year.
ELF0.DE tracks DAX® ex Financials 30, while ELFC.DE tracks EURO iSTOXX® ex Financials High Dividend 50.
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