ELFB.DE vs. ASWA.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and ASWA.DE (HANetf European Green Deal UCITS ETF Acc) are both Europe Equities funds - ELFB.DE tracks the Solactive Eurozone Sustainability while ASWA.DE tracks the SGI European Green Deal ESG Screened. Both are passively managed. Over the past year, ELFB.DE returned 23.25% vs 0.26% for ASWA.DE. A 0.62 correlation means they provide meaningful diversification when combined. ELFB.DE charges 0.40%/yr vs 0.60%/yr for ASWA.DE.
Performance
ELFB.DE vs. ASWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELFB.DE achieves a 9.36% return, which is significantly higher than ASWA.DE's -10.58% return.
ELFB.DE
- 1D
- 0.83%
- 1M
- 4.04%
- YTD
- 9.36%
- 6M
- 11.83%
- 1Y
- 23.25%
- 3Y*
- 25.21%
- 5Y*
- 16.33%
- 10Y*
- 12.75%
ASWA.DE
- 1D
- -0.09%
- 1M
- -2.46%
- YTD
- -10.58%
- 6M
- -9.85%
- 1Y
- 0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ELFB.DE vs. ASWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 9.36% | 34.04% | 20.63% | 7.45% |
ASWA.DE HANetf European Green Deal UCITS ETF Acc | -10.58% | 26.07% | -11.37% | -2.40% |
Correlation
The correlation between ELFB.DE and ASWA.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.62 |
The correlation between ELFB.DE and ASWA.DE shifts across timeframes, from 0.47 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ELFB.DE vs. ASWA.DE — Risk / Return Rank
ELFB.DE
ASWA.DE
ELFB.DE vs. ASWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) and HANetf European Green Deal UCITS ETF Acc (ASWA.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.
| ELFB.DE | ASWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.06 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 0.01 | +1.92 |
| Martin ratioReturn relative to average drawdown | 6.88 | 0.03 | +6.85 |
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
| ELFB.DE | ASWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.01 | +1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | -0.04 | +0.59 |
Drawdowns
ELFB.DE vs. ASWA.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.72%, which is greater than ASWA.DE's maximum drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and ASWA.DE.
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Drawdown Indicators
| ELFB.DE | ASWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.72% | -30.36% | -12.36% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -30.36% | +17.81% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.72% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -23.85% | +23.48% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -8.15% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 10.54% | -7.01% |
Volatility
ELFB.DE vs. ASWA.DE - Volatility Comparison
The current volatility for Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) is 5.34%, while HANetf European Green Deal UCITS ETF Acc (ASWA.DE) has a volatility of 7.52%. This indicates that ELFB.DE experiences smaller price fluctuations and is considered to be less risky than ASWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELFB.DE | ASWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 7.52% | -2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 15.10% | 37.06% | -21.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 33.68% | -14.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 24.72% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 24.72% | -3.73% |
ELFB.DE vs. ASWA.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is lower than ASWA.DE's 0.60% expense ratio.
Dividends
ELFB.DE vs. ASWA.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.02%, while ASWA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASWA.DE HANetf European Green Deal 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% |
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.02% | 2.18% | 2.63% | 2.73% | 3.03% | 1.78% | 1.12% | 3.22% | 3.60% | 2.56% | 2.77% |
Frequently Asked Questions
ELFB.DE and ASWA.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ELFB.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ELFB.DE is cheaper with a 0.40% expense ratio, compared with 0.60% for ASWA.DE.
ELFB.DE tracks Solactive Eurozone Sustainability, while ASWA.DE tracks SGI European Green Deal ESG Screened. They also come from different issuers: Deka and HANetf. Their fees differ too: 0.40% for ELFB.DE and 0.60% for ASWA.DE.
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