ELF1.DE vs. EUPE.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Deka MDAX UCITS ETF (ELF1.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE).

ELF1.DE and EUPE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ELF1.DE is a passively managed fund by Deka that tracks the performance of the MDAX®. It was launched on Apr 11, 2014. EUPE.DE is a passively managed fund by Natixis that tracks the performance of the Shiller Barclays CAPE® Europe Sector Value. It was launched on Dec 30, 2014. Both ELF1.DE and EUPE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ELF1.DE vs. EUPE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Deka MDAX UCITS ETF (ELF1.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE). The values are adjusted to include any dividend payments, if applicable.

ELF1.DE vs. EUPE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ELF1.DE Deka MDAX UCITS ETF	-5.63%	19.01%	-5.82%	7.32%	-28.88%	13.39%	8.33%	30.58%	-17.98%	17.52%
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	10.33%	12.45%	2.14%	12.84%	-6.14%	25.64%	2.80%	24.48%	-7.47%	5.56%

Returns By Period

In the year-to-date period, ELF1.DE achieves a -5.63% return, which is significantly lower than EUPE.DE's 10.33% return. Over the past 10 years, ELF1.DE has underperformed EUPE.DE with an annualized return of 3.15%, while EUPE.DE has yielded a comparatively higher 8.92% annualized return.

ELF1.DE

• 1D: -1.06%
• 1M: -3.02%
• YTD: -5.63%
• 6M: -6.09%
• 1Y: 4.49%
• 3Y*: 1.30%
• 5Y*: -2.63%
• 10Y*: 3.15%

EUPE.DE

• 1D: 0.94%
• 1M: 2.05%
• YTD: 10.33%
• 6M: 14.91%
• 1Y: 19.28%
• 3Y*: 9.84%
• 5Y*: 8.88%
• 10Y*: 8.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ELF1.DE vs. EUPE.DE - Expense Ratio Comparison

ELF1.DE has a 0.30% expense ratio, which is lower than EUPE.DE's 0.65% expense ratio.

EUPE.DE

Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)

ELF1.DE

Deka MDAX UCITS ETF

Return for Risk

ELF1.DE vs. EUPE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELF1.DE

ELF1.DE Risk / Return Rank: 17
ELF1.DE Sharpe Ratio Rank: 17
ELF1.DE Sortino Ratio Rank: 16
ELF1.DE Omega Ratio Rank: 16
ELF1.DE Calmar Ratio Rank: 18
ELF1.DE Martin Ratio Rank: 18

EUPE.DE

EUPE.DE Risk / Return Rank: 72
EUPE.DE Sharpe Ratio Rank: 75
EUPE.DE Sortino Ratio Rank: 69
EUPE.DE Omega Ratio Rank: 72
EUPE.DE Calmar Ratio Rank: 79
EUPE.DE Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ELF1.DE vs. EUPE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deka MDAX UCITS ETF (ELF1.DE) and Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.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.

	ELF1.DE	EUPE.DE	Difference
Sharpe ratio Return per unit of total volatility	0.23	1.42	-1.19
Sortino ratio Return per unit of downside risk	0.45	1.83	-1.38
Omega ratio Gain probability vs. loss probability	1.06	1.28	-0.22
Calmar ratio Return relative to maximum drawdown	0.49	2.79	-2.30
Martin ratio Return relative to average drawdown	1.40	8.23	-6.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELF1.DE vs. EUPE.DE - Sharpe Ratio Comparison

The current ELF1.DE Sharpe Ratio is 0.23, which is lower than the EUPE.DE Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of ELF1.DE and EUPE.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ELF1.DE	EUPE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	1.42	-1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.67	-0.81
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.59	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.44	-0.21

Correlation

The correlation between ELF1.DE and EUPE.DE is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ELF1.DE vs. EUPE.DE - Dividend Comparison

Neither ELF1.DE nor EUPE.DE has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ELF1.DE Deka MDAX UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.48%	0.46%	0.44%	0.41%
EUPE.DE Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ELF1.DE vs. EUPE.DE - Drawdown Comparison

The maximum ELF1.DE drawdown since its inception was -40.27%, which is greater than EUPE.DE's maximum drawdown of -32.64%. Use the drawdown chart below to compare losses from any high point for ELF1.DE and EUPE.DE.

Drawdown Indicators

	ELF1.DE	EUPE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-40.27%	-32.64%	-7.63%
Max Drawdown (1Y) Largest decline over 1 year	-14.46%	-10.87%	-3.59%
Max Drawdown (5Y) Largest decline over 5 years	-40.27%	-15.63%	-24.64%
Max Drawdown (10Y) Largest decline over 10 years	-40.27%	-32.64%	-7.63%
Current Drawdown Current decline from peak	-21.97%	-0.11%	-21.86%
Average Drawdown Average peak-to-trough decline	-12.26%	-5.01%	-7.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.05%	2.40%	+2.65%

Volatility

ELF1.DE vs. EUPE.DE - Volatility Comparison

Deka MDAX UCITS ETF (ELF1.DE) has a higher volatility of 9.12% compared to Ossiam Shiller Barclays CAPE® Europe Sector Value TR UCITS ETF 1C (EUR) (EUPE.DE) at 3.98%. This indicates that ELF1.DE's price experiences larger fluctuations and is considered to be riskier than EUPE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ELF1.DE	EUPE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.12%	3.98%	+5.14%
Volatility (6M) Calculated over the trailing 6-month period	13.82%	7.93%	+5.89%
Volatility (1Y) Calculated over the trailing 1-year period	19.32%	13.54%	+5.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	13.11%	+5.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	15.01%	+3.13%