ELF0.DE vs. WTEE.DE
ELF0.DE (Deka DAX ex Financials 30 UCITS ETF) and WTEE.DE (WisdomTree Europe Equity Income UCITS ETF) are both Europe Equities funds - ELF0.DE tracks the DAX® ex Financials 30 while WTEE.DE tracks the WisdomTree Europe Equity Income. Both are passively managed. Over the past 5 years, ELF0.DE returned 6.68%/yr vs 12.46%/yr for WTEE.DE. A 0.63 correlation means they provide meaningful diversification when combined. ELF0.DE charges 0.30%/yr vs 0.29%/yr for WTEE.DE.
Performance
ELF0.DE vs. WTEE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELF0.DE achieves a 7.39% return, which is significantly lower than WTEE.DE's 13.70% 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%
WTEE.DE
- 1D
- -0.26%
- 1M
- 0.42%
- YTD
- 13.70%
- 6M
- 16.59%
- 1Y
- 26.04%
- 3Y*
- 17.15%
- 5Y*
- 12.46%
- 10Y*
- —
ELF0.DE vs. WTEE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ELF0.DE Deka DAX ex Financials 30 UCITS ETF | 7.39% | 22.31% | 11.90% | 15.27% | -18.05% | 14.05% | 9.20% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 13.70% | 28.40% | 2.20% | 15.07% | 0.05% | 18.73% | 6.60% |
Correlation
The correlation between ELF0.DE and WTEE.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020 | 0.63 |
The correlation between ELF0.DE and WTEE.DE has been stable across timeframes, ranging from 0.59 to 0.64 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ELF0.DE vs. WTEE.DE — Risk / Return Rank
ELF0.DE
WTEE.DE
ELF0.DE vs. WTEE.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 WisdomTree Europe Equity Income UCITS ETF (WTEE.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 | WTEE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.43 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | 3.80 | -3.16 |
| Martin ratioReturn relative to average drawdown | 1.96 | 14.72 | -12.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ELF0.DE | WTEE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 2.35 | -1.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.93 | -0.57 |
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 | 1.08 | -0.68 |
Drawdowns
ELF0.DE vs. WTEE.DE - Drawdown Comparison
The maximum ELF0.DE drawdown since its inception was -40.99%, which is greater than WTEE.DE's maximum drawdown of -16.45%. Use the drawdown chart below to compare losses from any high point for ELF0.DE and WTEE.DE.
Loading charts...
Drawdown Indicators
| ELF0.DE | WTEE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.99% | -16.45% | -24.54% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -6.78% | -5.45% |
Max Drawdown (3Y)Largest decline over 3 years | -17.49% | -14.12% | -3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -31.17% | -16.45% | -14.72% |
Max Drawdown (10Y)Largest decline over 10 years | -40.99% | — | — |
Current DrawdownCurrent decline from peak | -1.35% | -1.96% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -2.65% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.02% | 1.75% | +2.27% |
Volatility
ELF0.DE vs. WTEE.DE - Volatility Comparison
Deka DAX ex Financials 30 UCITS ETF (ELF0.DE) has a higher volatility of 5.33% compared to WisdomTree Europe Equity Income UCITS ETF (WTEE.DE) at 3.73%. This indicates that ELF0.DE's price experiences larger fluctuations and is considered to be riskier than WTEE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ELF0.DE | WTEE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 3.73% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 13.97% | 8.73% | +5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 10.94% | +6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.35% | 14.50% | +3.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 14.99% | +3.82% |
ELF0.DE vs. WTEE.DE - Expense Ratio Comparison
ELF0.DE has a 0.30% expense ratio, which is higher than WTEE.DE's 0.29% expense ratio.
Dividends
ELF0.DE vs. WTEE.DE - Dividend Comparison
ELF0.DE's dividend yield for the trailing twelve months is around 1.66%, less than WTEE.DE's 4.55% 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% |
WTEE.DE WisdomTree Europe Equity Income UCITS ETF | 4.55% | 5.37% | 6.81% | 5.61% | 5.35% | 4.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ELF0.DE and WTEE.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEE.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEE.DE is cheaper with a 0.29% expense ratio, compared with 0.30% for ELF0.DE.
ELF0.DE tracks DAX® ex Financials 30, while WTEE.DE tracks WisdomTree Europe Equity Income. They also come from different issuers: Deka and WisdomTree. Their fees differ too: 0.30% for ELF0.DE and 0.29% for WTEE.DE.
Find the right allocation for ELF0.DE and WTEE.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer