ELFB.DE vs. SLQX.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) are both Europe Equities funds - ELFB.DE tracks the Solactive Eurozone Sustainability while SLQX.DE tracks the SBI TOP Index. Both are passively managed. Over the past 5 years, ELFB.DE returned 17.65%/yr vs 23.30%/yr for SLQX.DE. At a 0.12 correlation, their price movements are largely independent. ELFB.DE charges 0.40%/yr vs 1.38%/yr for SLQX.DE.
Performance
ELFB.DE vs. SLQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELFB.DE achieves a 13.16% return, which is significantly lower than SLQX.DE's 26.18% return.
ELFB.DE
- 1D
- -0.36%
- 1M
- 0.82%
- 6M
- 10.35%
- YTD
- 13.16%
- 1Y
- 29.29%
- 3Y*
- 25.20%
- 5Y*
- 17.65%
- 10Y*
- 13.70%
SLQX.DE
- 1D
- 0.18%
- 1M
- 4.95%
- 6M
- 15.59%
- YTD
- 26.18%
- 1Y
- 29.14%
- 3Y*
- 36.50%
- 5Y*
- 23.30%
- 10Y*
- —
ELFB.DE vs. SLQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 13.16% | 34.01% | 20.68% | 31.84% | -16.00% | 32.48% | -2.72% | 29.42% | -17.93% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 26.18% | 46.37% | 33.58% | 16.52% | -10.85% | 43.83% | -3.91% | 11.50% | -17.12% |
Correlation
The correlation between ELFB.DE and SLQX.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.12 |
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Return for Risk
ELFB.DE vs. SLQX.DE — Risk / Return Rank
ELFB.DE
SLQX.DE
ELFB.DE vs. SLQX.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 Expat Slovenia SBI TOP UCITS ETF (SLQX.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.
| ELFB.DE | SLQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.31 | +0.01 |
| Martin ratioReturn relative to average drawdown | 8.53 | 5.57 | +2.96 |
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Drawdowns
ELFB.DE vs. SLQX.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.73%, which is greater than SLQX.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and SLQX.DE.
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Drawdown Indicators
| ELFB.DE | SLQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.73% | -34.33% | -8.40% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -12.32% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.39% | -12.39% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -29.58% | -24.09% | -5.49% |
Max Drawdown (10Y)Largest decline over 10 years | -42.73% | — | — |
Current DrawdownCurrent decline from peak | -2.41% | 0.00% | -2.41% |
Average DrawdownAverage peak-to-trough decline | -8.05% | -8.99% | +0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 5.13% | -1.71% |
Volatility
ELFB.DE vs. SLQX.DE - Volatility Comparison
Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) has a higher volatility of 4.78% compared to Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) at 3.38%. This indicates that ELFB.DE's price experiences larger fluctuations and is considered to be riskier than SLQX.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 | SLQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 3.38% | +1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 16.14% | -0.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.94% | 21.11% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.77% | 18.41% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.82% | 17.91% | +1.91% |
ELFB.DE vs. SLQX.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is lower than SLQX.DE's 1.38% expense ratio.
Dividends
ELFB.DE vs. SLQX.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.26%, while SLQX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 2.26% | 2.18% | 2.63% | 2.73% | 3.03% | 1.77% | 1.12% | 3.22% | 1.26% | 2.56% | 2.77% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 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
ELFB.DE and SLQX.DE have a correlation of 0.19, 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 1.38% for SLQX.DE.
ELFB.DE tracks Solactive Eurozone Sustainability, while SLQX.DE tracks SBI TOP Index. They also come from different issuers: Deka and Expat. Their fees differ too: 0.40% for ELFB.DE and 1.38% for SLQX.DE.
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