ELFW.DE vs. EL4K.DE
ELFW.DE (Deka MSCI World UCITS ETF Dist) and EL4K.DE (Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF) are both exchange-traded funds - ELFW.DE is a Global Equities fund tracking the MSCI World, while EL4K.DE is a European Government Bonds fund tracking the iBoxx® EUR Liquid Sovereigns Diversified 1-10. Both are passively managed. Over the past 5 years, ELFW.DE returned 11.92%/yr vs -2.25%/yr for EL4K.DE. At a 0.05 correlation, their price movements are largely independent. ELFW.DE charges 0.31%/yr vs 0.15%/yr for EL4K.DE.
Performance
ELFW.DE vs. EL4K.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ELFW.DE achieves a 12.73% return, which is significantly higher than EL4K.DE's -0.08% return.
ELFW.DE
- 1D
- 0.16%
- 1M
- 1.57%
- 6M
- 11.09%
- YTD
- 12.73%
- 1Y
- 23.36%
- 3Y*
- 17.86%
- 5Y*
- 11.92%
- 10Y*
- —
EL4K.DE
- 1D
- 0.01%
- 1M
- -0.70%
- 6M
- -0.58%
- YTD
- -0.08%
- 1Y
- 0.66%
- 3Y*
- 2.84%
- 5Y*
- -2.25%
- 10Y*
- -0.39%
ELFW.DE vs. EL4K.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ELFW.DE Deka MSCI World UCITS ETF Dist | 12.73% | 7.58% | 25.72% | 19.97% | -14.02% | 31.86% | 5.46% | 30.28% | -10.83% |
EL4K.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF | -0.08% | 1.88% | 1.40% | 7.39% | -18.13% | -2.54% | 3.36% | 5.14% | 1.03% |
Correlation
The correlation between ELFW.DE and EL4K.DE is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2018 | 0.05 |
Over the past year, ELFW.DE and EL4K.DE have become more correlated (0.31) than their long-term average of 0.05, 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
ELFW.DE vs. EL4K.DE — Risk / Return Rank
ELFW.DE
EL4K.DE
ELFW.DE vs. EL4K.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Deka MSCI World UCITS ETF Dist (ELFW.DE) and Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF (EL4K.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.
| ELFW.DE | EL4K.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.03 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 0.20 | +3.29 |
| Martin ratioReturn relative to average drawdown | 13.90 | 0.50 | +13.40 |
Loading charts...
Drawdowns
ELFW.DE vs. EL4K.DE - Drawdown Comparison
The maximum ELFW.DE drawdown since its inception was -33.58%, which is greater than EL4K.DE's maximum drawdown of -21.22%. Use the drawdown chart below to compare losses from any high point for ELFW.DE and EL4K.DE.
Loading charts...
Drawdown Indicators
| ELFW.DE | EL4K.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.58% | -21.22% | -12.36% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | -3.38% | -3.30% |
Max Drawdown (3Y)Largest decline over 3 years | -21.81% | -3.39% | -18.42% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -21.02% | -0.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.22% | — |
Current DrawdownCurrent decline from peak | -0.09% | -11.88% | +11.79% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -4.83% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.33% | +0.35% |
Volatility
ELFW.DE vs. EL4K.DE - Volatility Comparison
Deka MSCI World UCITS ETF Dist (ELFW.DE) has a higher volatility of 2.43% compared to Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF (EL4K.DE) at 1.05%. This indicates that ELFW.DE's price experiences larger fluctuations and is considered to be riskier than EL4K.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ELFW.DE | EL4K.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.43% | 1.05% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 8.02% | 3.45% | +4.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 3.95% | +7.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.18% | 6.39% | +7.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.95% | 5.12% | +10.83% |
ELFW.DE vs. EL4K.DE - Expense Ratio Comparison
ELFW.DE has a 0.31% expense ratio, which is higher than EL4K.DE's 0.15% expense ratio.
Dividends
ELFW.DE vs. EL4K.DE - Dividend Comparison
ELFW.DE's dividend yield for the trailing twelve months is around 0.87%, less than EL4K.DE's 2.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4K.DE Deka iBoxx EUR Liquid Sovereign Diversified 1-10 UCITS ETF | 2.81% | 1.58% | 1.25% | 1.24% | 0.56% | 0.60% | 0.67% | 0.89% | 0.81% | 1.90% | 1.92% | 2.45% |
ELFW.DE Deka MSCI World UCITS ETF Dist | 0.87% | 1.01% | 1.04% | 1.37% | 1.66% | 0.96% | 1.29% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ELFW.DE and EL4K.DE have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EL4K.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EL4K.DE is cheaper with a 0.15% expense ratio, compared with 0.31% for ELFW.DE.
ELFW.DE is categorized as Global Equities, while EL4K.DE is European Government Bonds. ELFW.DE tracks MSCI World, while EL4K.DE tracks iBoxx® EUR Liquid Sovereigns Diversified 1-10. Their fees differ too: 0.31% for ELFW.DE and 0.15% for EL4K.DE.
Find the right allocation for ELFW.DE and EL4K.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