ELFB.DE vs. S6X0.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and S6X0.DE (Invesco EURO STOXX 50 UCITS ETF Dist) are both Europe Equities funds - ELFB.DE tracks the Solactive Eurozone Sustainability while S6X0.DE tracks the EURO STOXX 50. Both are passively managed. Over the past 10 years, ELFB.DE returned 12.75%/yr vs 10.39%/yr for S6X0.DE. A 0.75 correlation means they provide meaningful diversification when combined. ELFB.DE charges 0.40%/yr vs 0.05%/yr for S6X0.DE.
Performance
ELFB.DE vs. S6X0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELFB.DE achieves a 9.36% return, which is significantly higher than S6X0.DE's 7.30% return. Over the past 10 years, ELFB.DE has outperformed S6X0.DE with an annualized return of 12.75%, while S6X0.DE has yielded a comparatively lower 10.39% 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%
S6X0.DE
- 1D
- 0.75%
- 1M
- 1.98%
- YTD
- 7.30%
- 6M
- 8.70%
- 1Y
- 15.59%
- 3Y*
- 15.53%
- 5Y*
- 11.36%
- 10Y*
- 10.39%
ELFB.DE vs. S6X0.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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 7.30% | 22.02% | 10.94% | 22.42% | -8.98% | 23.10% | -3.21% | 30.30% | -13.84% | 12.57% |
Correlation
The correlation between ELFB.DE and S6X0.DE is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Aug 20, 2015 | 0.75 |
Over the past year, ELFB.DE and S6X0.DE have become more correlated (0.95) than their long-term average of 0.75, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ELFB.DE vs. S6X0.DE — Risk / Return Rank
ELFB.DE
S6X0.DE
ELFB.DE vs. S6X0.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 Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.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 | S6X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 1.44 | +0.49 |
| Martin ratioReturn relative to average drawdown | 6.88 | 4.89 | +1.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ELFB.DE | S6X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 0.98 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.65 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.63 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.51 | +0.05 |
Drawdowns
ELFB.DE vs. S6X0.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.72%, which is greater than S6X0.DE's maximum drawdown of -38.54%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and S6X0.DE.
Loading charts...
Drawdown Indicators
| ELFB.DE | S6X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.72% | -38.54% | -4.18% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -10.88% | -1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -16.56% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -29.56% | -23.41% | -6.15% |
Max Drawdown (10Y)Largest decline over 10 years | -42.72% | -38.54% | -4.18% |
Current DrawdownCurrent decline from peak | -0.37% | -0.51% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -6.82% | -0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 3.21% | +0.32% |
Volatility
ELFB.DE vs. S6X0.DE - Volatility Comparison
Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a higher volatility of 5.34% compared to Invesco EURO STOXX 50 UCITS ETF Dist (S6X0.DE) at 4.96%. This indicates that ELFB.DE's price experiences larger fluctuations and is considered to be riskier than S6X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ELFB.DE | S6X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.34% | 4.96% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.10% | 12.92% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.91% | 15.93% | +2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 17.56% | +2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.99% | 20.60% | +0.39% |
ELFB.DE vs. S6X0.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is higher than S6X0.DE's 0.05% expense ratio.
Dividends
ELFB.DE vs. S6X0.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.02%, less than S6X0.DE's 2.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
S6X0.DE Invesco EURO STOXX 50 UCITS ETF Dist | 2.78% | 2.99% | 3.38% | 3.17% | 3.10% | 2.47% | 2.53% | 3.48% | 3.69% | 2.92% | 3.18% | 3.05% |
Frequently Asked Questions
With a correlation of 0.95, ELFB.DE and S6X0.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, S6X0.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
S6X0.DE is cheaper with a 0.05% expense ratio, compared with 0.40% for ELFB.DE.
ELFB.DE tracks Solactive Eurozone Sustainability, while S6X0.DE tracks EURO STOXX 50. They also come from different issuers: Deka and Invesco. Their fees differ too: 0.40% for ELFB.DE and 0.05% for S6X0.DE.
Find the right allocation for ELFB.DE and S6X0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer