ELFB.DE vs. EL4S.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and EL4S.DE (Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF) are both exchange-traded funds - ELFB.DE is a Europe Equities fund tracking the Solactive Eurozone Sustainability, while EL4S.DE is a European Government Bonds fund tracking the Deutsche Börse EUROGOV® Germany 1-3. Both are passively managed. Over the past 10 years, ELFB.DE returned 12.75%/yr vs -0.20%/yr for EL4S.DE. At a correlation of -0.10, they often move in opposite directions. ELFB.DE charges 0.40%/yr vs 0.15%/yr for EL4S.DE.
Performance
ELFB.DE vs. EL4S.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 EL4S.DE's 0.11% return. Over the past 10 years, ELFB.DE has outperformed EL4S.DE with an annualized return of 12.75%, while EL4S.DE has yielded a comparatively lower -0.20% annualized 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%
EL4S.DE
- 1D
- 0.02%
- 1M
- 0.06%
- YTD
- 0.11%
- 6M
- 0.17%
- 1Y
- 0.70%
- 3Y*
- 2.24%
- 5Y*
- 0.36%
- 10Y*
- -0.20%
ELFB.DE vs. EL4S.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 9.36% | 34.04% | 20.63% | 31.85% | -15.46% | 31.62% | -2.71% | 29.39% | -17.15% | 10.98% |
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 0.11% | 1.65% | 2.75% | 2.51% | -4.56% | -0.97% | -0.79% | -0.83% | -0.57% | -1.08% |
Correlation
The correlation between ELFB.DE and EL4S.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.10 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015 | -0.10 |
The correlation between ELFB.DE and EL4S.DE shifts across timeframes, from -0.10 (10 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ELFB.DE vs. EL4S.DE — Risk / Return Rank
ELFB.DE
EL4S.DE
ELFB.DE vs. EL4S.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 Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.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 | EL4S.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.10 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 0.58 | +1.35 |
| Martin ratioReturn relative to average drawdown | 6.88 | 1.87 | +5.01 |
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 | EL4S.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.54 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.24 | +0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | -0.18 | +0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | -0.30 | +0.86 |
Drawdowns
ELFB.DE vs. EL4S.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.72%, which is greater than EL4S.DE's maximum drawdown of -13.04%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and EL4S.DE.
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Drawdown Indicators
| ELFB.DE | EL4S.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.72% | -13.04% | -29.68% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -1.03% | -11.52% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -1.03% | -15.37% |
Max Drawdown (5Y)Largest decline over 5 years | -29.56% | -5.86% | -23.70% |
Max Drawdown (10Y)Largest decline over 10 years | -42.72% | -9.46% | -33.26% |
Current DrawdownCurrent decline from peak | -0.37% | -6.04% | +5.67% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -5.87% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 0.32% | +3.21% |
Volatility
ELFB.DE vs. EL4S.DE - Volatility Comparison
Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a higher volatility of 5.34% compared to Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF (EL4S.DE) at 0.44%. This indicates that ELFB.DE's price experiences larger fluctuations and is considered to be riskier than EL4S.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 | EL4S.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 0.44% | +4.90% |
Volatility (6M)Calculated over the trailing 6-month period | 15.10% | 0.97% | +14.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 1.10% | +17.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 1.46% | +18.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 1.12% | +19.87% |
ELFB.DE vs. EL4S.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is higher than EL4S.DE's 0.15% expense ratio.
Dividends
ELFB.DE vs. EL4S.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.02%, more than EL4S.DE's 1.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4S.DE Deka Deutsche Boerse EUROGOV Germany 1-3 UCITS ETF | 1.48% | 1.20% | 0.83% | 0.60% | 0.88% | 0.94% | 0.78% | 1.06% | 0.99% | 1.63% | 1.46% | 1.60% |
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% | 0.00% |
Frequently Asked Questions
ELFB.DE and EL4S.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4S.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4S.DE is cheaper with a 0.15% expense ratio, compared with 0.40% for ELFB.DE.
ELFB.DE is categorized as Europe Equities, while EL4S.DE is European Government Bonds. ELFB.DE tracks Solactive Eurozone Sustainability, while EL4S.DE tracks Deutsche Börse EUROGOV® Germany 1-3. Their fees differ too: 0.40% for ELFB.DE and 0.15% for EL4S.DE.
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