ELFB.DE vs. ELFA.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and ELFA.DE (Deka EURO STOXX 50 (thesaurierend) UCITS ETF) are both Europe Equities funds from Deka - ELFB.DE tracks the Solactive Eurozone Sustainability while ELFA.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, ELFB.DE returned 12.75%/yr vs 10.55%/yr for ELFA.DE. Their correlation of 0.81 suggests significant overlap in exposure. ELFB.DE charges 0.40%/yr vs 0.15%/yr for ELFA.DE.
Performance
ELFB.DE vs. ELFA.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 ELFA.DE's 4.66% return. Over the past 10 years, ELFB.DE has outperformed ELFA.DE with an annualized return of 12.75%, while ELFA.DE has yielded a comparatively lower 10.55% 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%
ELFA.DE
- 1D
- 0.96%
- 1M
- 3.30%
- YTD
- 4.66%
- 6M
- 6.14%
- 1Y
- 13.01%
- 3Y*
- 15.42%
- 5Y*
- 11.83%
- 10Y*
- 10.55%
ELFB.DE vs. ELFA.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% |
ELFA.DE Deka EURO STOXX 50 (thesaurierend) UCITS ETF | 4.66% | 22.03% | 13.92% | 23.28% | -10.08% | 26.68% | -3.88% | 29.78% | -11.88% | 10.02% |
Correlation
The correlation between ELFB.DE and ELFA.DE is 0.94, 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 | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015 | 0.81 |
The correlation between ELFB.DE and ELFA.DE shifts across timeframes, from 0.81 (all time) to 0.94 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
ELFB.DE vs. ELFA.DE — Risk / Return Rank
ELFB.DE
ELFA.DE
ELFB.DE vs. ELFA.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 EURO STOXX 50 (thesaurierend) UCITS ETF (ELFA.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 | ELFA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.15 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 1.09 | +0.84 |
| Martin ratioReturn relative to average drawdown | 6.88 | 3.54 | +3.34 |
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 | ELFA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.78 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.66 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.60 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.45 | +0.11 |
Drawdowns
ELFB.DE vs. ELFA.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.72%, which is greater than ELFA.DE's maximum drawdown of -38.14%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and ELFA.DE.
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Drawdown Indicators
| ELFB.DE | ELFA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.72% | -38.14% | -4.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -12.29% | -0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -16.35% | -0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -29.56% | -23.33% | -6.23% |
Max Drawdown (10Y)Largest decline over 10 years | -42.72% | -38.14% | -4.58% |
Current DrawdownCurrent decline from peak | -0.37% | -0.20% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -6.32% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 3.80% | -0.27% |
Volatility
ELFB.DE vs. ELFA.DE - Volatility Comparison
Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a higher volatility of 5.34% compared to Deka EURO STOXX 50 (thesaurierend) UCITS ETF (ELFA.DE) at 4.91%. This indicates that ELFB.DE's price experiences larger fluctuations and is considered to be riskier than ELFA.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 | ELFA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 4.91% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 15.10% | 13.88% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 17.15% | +1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 17.86% | +1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 19.26% | +1.73% |
ELFB.DE vs. ELFA.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is higher than ELFA.DE's 0.15% expense ratio.
Dividends
ELFB.DE vs. ELFA.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.02%, less than ELFA.DE's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELFA.DE Deka EURO STOXX 50 (thesaurierend) UCITS ETF | 2.18% | 2.29% | 2.65% | 3.30% | 1.48% | 2.09% | 0.00% | 0.00% | 0.73% | 0.81% | 0.59% |
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
With a correlation of 0.94, ELFB.DE and ELFA.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.40% for ELFB.DE.
ELFB.DE tracks Solactive Eurozone Sustainability, while ELFA.DE tracks EURO STOXX® 50. Their fees differ too: 0.40% for ELFB.DE and 0.15% for ELFA.DE.
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