ELFE.DE vs. IS04.DE
ELFE.DE (Deka US Treasury 7-10 UCITS ETF ) and IS04.DE (iShares USD Treasury Bond 20+yr UCITS ETF (Dist)) are both Government Bonds funds - ELFE.DE tracks the Solactive US Treasury 7-10 Q Series USD while IS04.DE tracks the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 5 years, ELFE.DE returned 0.02%/yr vs -5.21%/yr for IS04.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.07% expense ratio.
Performance
ELFE.DE vs. IS04.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ELFE.DE achieves a 0.55% return, which is significantly lower than IS04.DE's 0.81% return.
ELFE.DE
- 1D
- 0.13%
- 1M
- 0.62%
- YTD
- 0.55%
- 6M
- -0.26%
- 1Y
- 1.89%
- 3Y*
- -0.01%
- 5Y*
- 0.02%
- 10Y*
- —
IS04.DE
- 1D
- 0.41%
- 1M
- 1.45%
- YTD
- 0.81%
- 6M
- -0.81%
- 1Y
- 2.13%
- 3Y*
- -4.20%
- 5Y*
- -5.21%
- 10Y*
- -1.74%
ELFE.DE vs. IS04.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ELFE.DE Deka US Treasury 7-10 UCITS ETF | 0.55% | -3.68% | 5.37% | 0.04% | -9.38% | 5.11% | -0.09% | -4.86% |
IS04.DE iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 0.81% | -6.95% | -2.51% | -1.21% | -26.01% | 3.49% | 6.49% | -9.47% |
Correlation
The correlation between ELFE.DE and IS04.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2019 | 0.83 |
The correlation between ELFE.DE and IS04.DE has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.
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Return for Risk
ELFE.DE vs. IS04.DE — Risk / Return Rank
ELFE.DE
IS04.DE
ELFE.DE vs. IS04.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka US Treasury 7-10 UCITS ETF (ELFE.DE) and iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.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.
| ELFE.DE | IS04.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.04 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.29 | +0.13 |
| Martin ratioReturn relative to average drawdown | 1.04 | 0.62 | +0.42 |
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
| ELFE.DE | IS04.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.31 | 0.22 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | -0.34 | +0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | -0.09 | -0.04 |
Drawdowns
ELFE.DE vs. IS04.DE - Drawdown Comparison
The maximum ELFE.DE drawdown since its inception was -20.67%, smaller than the maximum IS04.DE drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for ELFE.DE and IS04.DE.
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Drawdown Indicators
| ELFE.DE | IS04.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.67% | -47.19% | +26.52% |
Max Drawdown (1Y)Largest decline over 1 year | -4.53% | -7.33% | +2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -10.45% | -18.47% | +8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -15.39% | -40.05% | +24.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.19% | — |
Current DrawdownCurrent decline from peak | -15.66% | -43.69% | +28.03% |
Average DrawdownAverage peak-to-trough decline | -12.73% | -21.89% | +9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 3.45% | -1.64% |
Volatility
ELFE.DE vs. IS04.DE - Volatility Comparison
The current volatility for Deka US Treasury 7-10 UCITS ETF (ELFE.DE) is 1.17%, while iShares USD Treasury Bond 20+yr UCITS ETF (Dist) (IS04.DE) has a volatility of 2.47%. This indicates that ELFE.DE experiences smaller price fluctuations and is considered to be less risky than IS04.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ELFE.DE | IS04.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 2.47% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 4.19% | 6.52% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.08% | 9.70% | -3.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.00% | 15.21% | -6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.73% | 14.69% | -5.96% |
ELFE.DE vs. IS04.DE - Expense Ratio Comparison
Both ELFE.DE and IS04.DE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ELFE.DE vs. IS04.DE - Dividend Comparison
ELFE.DE's dividend yield for the trailing twelve months is around 4.36%, which matches IS04.DE's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELFE.DE Deka US Treasury 7-10 UCITS ETF | 4.36% | 3.84% | 2.83% | 2.04% | 1.74% | 2.27% | 1.81% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
IS04.DE iShares USD Treasury Bond 20+yr UCITS ETF (Dist) | 4.35% | 4.38% | 4.62% | 3.82% | 3.04% | 1.71% | 1.86% | 2.49% | 2.79% | 2.72% | 2.56% | 2.14% |
Frequently Asked Questions
ELFE.DE and IS04.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ELFE.DE and IS04.DE have the same expense ratio: 0.07% per year.
ELFE.DE tracks Solactive US Treasury 7-10 Q Series USD, while IS04.DE tracks ICE U.S. Treasury 20+ Year Bond Index. They also come from different issuers: Deka Investment GmbH and iShares.
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