ELF0.DE vs. ELFF.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and ELFF.DE (Deka Euro Corporates 0-3 Liquid UCITS ETF ) are both exchange-traded funds - ELF0.DE is a Europe Equities fund tracking the DAX® ex Financials 30, while ELFF.DE is a European Corporate Bonds fund tracking the Solactive Euro Corporates 0-3 Year Liquid EUR. Both are passively managed. Over the past 5 years, ELF0.DE returned 6.68%/yr vs 1.31%/yr for ELFF.DE. At a 0.12 correlation, their price movements are largely independent. ELF0.DE charges 0.30%/yr vs 0.15%/yr for ELFF.DE.
Performance
ELF0.DE vs. ELFF.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 higher than ELFF.DE's 0.40% 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%
ELFF.DE
- 1D
- 0.13%
- 1M
- 0.17%
- YTD
- 0.40%
- 6M
- 0.45%
- 1Y
- 1.66%
- 3Y*
- 3.30%
- 5Y*
- 1.31%
- 10Y*
- —
ELF0.DE vs. ELFF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ELF0.DE Deka DAX ex Financials 30 UCITS ETF | 7.39% | 22.31% | 11.90% | 15.27% | -18.05% | 14.05% | 5.05% | 11.02% |
ELFF.DE Deka Euro Corporates 0-3 Liquid UCITS ETF | 0.40% | 2.75% | 3.74% | 3.68% | -3.53% | -0.57% | 0.22% | -0.33% |
Correlation
The correlation between ELF0.DE and ELFF.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2019 | 0.12 |
Over the past year, ELF0.DE and ELFF.DE have become more correlated (0.34) than their long-term average of 0.12, meaning their price movements have been converging.
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Return for Risk
ELF0.DE vs. ELFF.DE — Risk / Return Rank
ELF0.DE
ELFF.DE
ELF0.DE vs. ELFF.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 Corporates 0-3 Liquid UCITS ETF (ELFF.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 | ELFF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.17 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 0.90 | -0.25 |
| Martin ratioReturn relative to average drawdown | 1.96 | 2.57 | -0.62 |
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 | ELFF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 0.86 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.76 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.56 | -0.15 |
Drawdowns
ELF0.DE vs. ELFF.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, which is greater than ELFF.DE's maximum drawdown of -4.95%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and ELFF.DE.
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Drawdown Indicators
| ELF0.DE | ELFF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -4.95% | -36.04% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -1.64% | -10.59% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -1.64% | -15.85% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -4.60% | -26.57% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | — | — |
Current DrawdownCurrent decline from peak | -1.35% | -0.72% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -1.25% | -7.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 0.57% | +3.45% |
Volatility
ELF0.DE vs. ELFF.DE - Volatility Comparison
Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) has a higher volatility of 5.33% compared to Deka Euro Corporates 0-3 Liquid UCITS ETF (ELFF.DE) at 0.54%. This indicates that ELF0.DE's price experiences larger fluctuations and is considered to be riskier than ELFF.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 | ELFF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 0.54% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 1.51% | +12.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 1.72% | +15.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 1.70% | +16.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 1.62% | +17.19% |
ELF0.DE vs. ELFF.DE - Expense Ratio Comparison
ELF0.DE has a 0.30% expense ratio, which is higher than ELFF.DE's 0.15% expense ratio.
Dividends
ELF0.DE vs. ELFF.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, more than ELFF.DE's 1.49% 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% |
ELFF.DE Deka Euro Corporates 0-3 Liquid UCITS ETF | 1.49% | 2.67% | 1.53% | 1.48% | 1.41% | 1.99% | 1.55% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ELF0.DE and ELFF.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFF.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFF.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for ELF0.DE.
ELF0.DE is categorized as Europe Equities, while ELFF.DE is European Corporate Bonds. ELF0.DE tracks DAX® ex Financials 30, while ELFF.DE tracks Solactive Euro Corporates 0-3 Year Liquid EUR. Their fees differ too: 0.30% for ELF0.DE and 0.15% for ELFF.DE.
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