ELFA.DE vs. SXRY.DE
ELFA.DE (Deka EURO STOXX 50 (thesaurierend) UCITS ETF) and SXRY.DE (iShares FTSE MIB UCITS ETF (Acc)) are both Europe Equities funds - ELFA.DE tracks the EURO STOXX® 50 while SXRY.DE tracks the FTSE MIB. Both are passively managed. Over the past 10 years, ELFA.DE returned 11.06%/yr vs 15.96%/yr for SXRY.DE. Their correlation of 0.81 suggests significant overlap in exposure. ELFA.DE charges 0.15%/yr vs 0.33%/yr for SXRY.DE.
Performance
ELFA.DE vs. SXRY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELFA.DE achieves a 7.39% return, which is significantly lower than SXRY.DE's 18.48% return. Over the past 10 years, ELFA.DE has underperformed SXRY.DE with an annualized return of 11.06%, while SXRY.DE has yielded a comparatively higher 15.96% annualized return.
ELFA.DE
- 1D
- -1.09%
- 1M
- -1.00%
- 6M
- 4.43%
- YTD
- 7.39%
- 1Y
- 17.73%
- 3Y*
- 15.42%
- 5Y*
- 12.57%
- 10Y*
- 11.06%
SXRY.DE
- 1D
- -0.88%
- 1M
- -1.26%
- 6M
- 16.40%
- YTD
- 18.48%
- 1Y
- 34.89%
- 3Y*
- 27.46%
- 5Y*
- 21.28%
- 10Y*
- 15.96%
ELFA.DE vs. SXRY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELFA.DE Deka EURO STOXX 50 (thesaurierend) UCITS ETF | 7.39% | 22.03% | 13.92% | 23.28% | -10.58% | 27.40% | -3.88% | 29.78% | -11.88% | 10.02% |
SXRY.DE iShares FTSE MIB UCITS ETF (Acc) | 18.48% | 37.80% | 18.15% | 33.34% | -9.13% | 26.71% | -4.02% | 33.22% | -14.32% | 16.72% |
Correlation
The correlation between ELFA.DE and SXRY.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 | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since May 4, 2015 | 0.81 |
The correlation between ELFA.DE and SXRY.DE has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.
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Return for Risk
ELFA.DE vs. SXRY.DE — Risk / Return Rank
ELFA.DE
SXRY.DE
ELFA.DE vs. SXRY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka EURO STOXX 50 (thesaurierend) UCITS ETF (ELFA.DE) and iShares FTSE MIB UCITS ETF (Acc) (SXRY.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELFA.DE | SXRY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.38 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 3.59 | -2.15 |
| Martin ratioReturn relative to average drawdown | 4.79 | 13.26 | -8.47 |
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Drawdowns
ELFA.DE vs. SXRY.DE - Drawdown Comparison
The maximum ELFA.DE drawdown since its inception was -38.14%, smaller than the maximum SXRY.DE drawdown of -43.59%. Use the drawdown chart below to compare losses from any high point for ELFA.DE and SXRY.DE.
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Drawdown Indicators
| ELFA.DE | SXRY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.14% | -43.59% | +5.45% |
Max Drawdown (1Y)Largest decline over 1 year | -12.29% | -9.69% | -2.60% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | -17.61% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | -25.00% | +1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -38.14% | -40.81% | +2.67% |
Current DrawdownCurrent decline from peak | -2.28% | -2.09% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -11.56% | +5.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 2.63% | +1.06% |
Volatility
ELFA.DE vs. SXRY.DE - Volatility Comparison
Deka EURO STOXX 50 (thesaurierend) UCITS ETF (ELFA.DE) has a higher volatility of 4.07% compared to iShares FTSE MIB UCITS ETF (Acc) (SXRY.DE) at 3.79%. This indicates that ELFA.DE's price experiences larger fluctuations and is considered to be riskier than SXRY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELFA.DE | SXRY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 3.79% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 14.31% | 13.02% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.02% | 15.97% | +1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.88% | 18.25% | -0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 19.49% | -1.44% |
ELFA.DE vs. SXRY.DE - Expense Ratio Comparison
ELFA.DE has a 0.15% expense ratio, which is lower than SXRY.DE's 0.33% expense ratio.
Dividends
ELFA.DE vs. SXRY.DE - Dividend Comparison
ELFA.DE's dividend yield for the trailing twelve months is around 2.36%, while SXRY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELFA.DE Deka EURO STOXX 50 (thesaurierend) UCITS ETF | 2.36% | 2.29% | 2.65% | 3.30% | 1.48% | 2.07% | 0.00% | 0.00% | 0.73% | 0.81% | 0.59% |
SXRY.DE iShares FTSE MIB UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ELFA.DE and SXRY.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, ELFA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFA.DE is cheaper with a 0.15% expense ratio, compared with 0.33% for SXRY.DE.
ELFA.DE tracks EURO STOXX® 50, while SXRY.DE tracks FTSE MIB. They also come from different issuers: Deka and iShares. Their fees differ too: 0.15% for ELFA.DE and 0.33% for SXRY.DE.
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