ELFB.DE vs. XB4A.DE
ELFB.DE (Deka Oekom Euro Nachhaltigkeit UCITS ETF) and XB4A.DE (Xtrackers ATX UCITS ETF (Acc)) are both Europe Equities funds - ELFB.DE tracks the Solactive Eurozone Sustainability while XB4A.DE tracks the ATX Index. Both are passively managed. Over the past 10 years, ELFB.DE returned 13.70%/yr vs 14.71%/yr for XB4A.DE. A 0.75 correlation means they provide meaningful diversification when combined. ELFB.DE charges 0.40%/yr vs 0.25%/yr for XB4A.DE.
Performance
ELFB.DE vs. XB4A.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 XB4A.DE's 24.81% return. Over the past 10 years, ELFB.DE has underperformed XB4A.DE with an annualized return of 13.70%, while XB4A.DE has yielded a comparatively higher 14.71% annualized 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%
XB4A.DE
- 1D
- -0.62%
- 1M
- 1.14%
- 6M
- 22.10%
- YTD
- 24.81%
- 1Y
- 48.60%
- 3Y*
- 31.52%
- 5Y*
- 18.18%
- 10Y*
- 14.71%
ELFB.DE vs. XB4A.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELFB.DE Deka Oekom Euro Nachhaltigkeit UCITS ETF | 13.16% | 34.01% | 20.68% | 31.84% | -16.00% | 32.48% | -2.72% | 29.42% | -18.76% | 11.00% |
XB4A.DE Xtrackers ATX UCITS ETF (Acc) | 24.81% | 51.29% | 11.01% | 14.27% | -16.45% | 42.39% | -10.86% | 19.79% | -17.99% | 32.88% |
Correlation
The correlation between ELFB.DE and XB4A.DE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.75 |
The correlation between ELFB.DE and XB4A.DE has been stable across timeframes, ranging from 0.69 to 0.78 - a consistent structural relationship.
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Return for Risk
ELFB.DE vs. XB4A.DE — Risk / Return Rank
ELFB.DE
XB4A.DE
ELFB.DE vs. XB4A.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 Xtrackers ATX UCITS ETF (Acc) (XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 4.44 | -2.12 |
| Martin ratioReturn relative to average drawdown | 8.53 | 15.07 | -6.53 |
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Drawdowns
ELFB.DE vs. XB4A.DE - Drawdown Comparison
The maximum ELFB.DE drawdown since its inception was -42.73%, smaller than the maximum XB4A.DE drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for ELFB.DE and XB4A.DE.
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Drawdown Indicators
| ELFB.DE | XB4A.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.73% | -53.54% | +10.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.55% | -10.88% | -1.67% |
Max Drawdown (3Y)Largest decline over 3 years | -16.39% | -16.26% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -29.58% | -32.50% | +2.92% |
Max Drawdown (10Y)Largest decline over 10 years | -42.73% | -53.54% | +10.81% |
Current DrawdownCurrent decline from peak | -2.41% | -1.85% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -8.05% | -9.88% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 3.22% | +0.20% |
Volatility
ELFB.DE vs. XB4A.DE - Volatility Comparison
The current volatility for Deka Oekom Euro Nachhaltigkeit UCITS ETF (ELFB.DE) is 4.78%, while Xtrackers ATX UCITS ETF (Acc) (XB4A.DE) has a volatility of 5.22%. This indicates that ELFB.DE experiences smaller price fluctuations and is considered to be less risky than XB4A.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 | XB4A.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 5.22% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 14.88% | +0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.94% | 17.61% | +1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.77% | 19.15% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.82% | 20.15% | -0.33% |
ELFB.DE vs. XB4A.DE - Expense Ratio Comparison
ELFB.DE has a 0.40% expense ratio, which is higher than XB4A.DE's 0.25% expense ratio.
Dividends
ELFB.DE vs. XB4A.DE - Dividend Comparison
ELFB.DE's dividend yield for the trailing twelve months is around 2.26%, while XB4A.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% |
XB4A.DE Xtrackers ATX 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% |
Frequently Asked Questions
ELFB.DE and XB4A.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XB4A.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XB4A.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for ELFB.DE.
ELFB.DE tracks Solactive Eurozone Sustainability, while XB4A.DE tracks ATX Index. They also come from different issuers: Deka and Xtrackers. Their fees differ too: 0.40% for ELFB.DE and 0.25% for XB4A.DE.
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