FEUI.DE vs. ELFC.DE
FEUI.DE (Fidelity Europe Quality Income UCITS ETF) and ELFC.DE (Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF) are both Europe Equities funds - FEUI.DE tracks the MSCI Europe High Div Yld NR EUR while ELFC.DE tracks the EURO iSTOXX® ex Financials High Dividend 50. Both are passively managed. Over the past 5 years, FEUI.DE returned 8.02%/yr vs 10.14%/yr for ELFC.DE. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.
Performance
FEUI.DE vs. ELFC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FEUI.DE achieves a 7.79% return, which is significantly lower than ELFC.DE's 12.62% return.
FEUI.DE
- 1D
- 0.65%
- 1M
- 2.70%
- YTD
- 7.79%
- 6M
- 9.55%
- 1Y
- 16.12%
- 3Y*
- 13.31%
- 5Y*
- 8.02%
- 10Y*
- —
ELFC.DE
- 1D
- -0.33%
- 1M
- 0.92%
- YTD
- 12.62%
- 6M
- 12.29%
- 1Y
- 20.13%
- 3Y*
- 12.09%
- 5Y*
- 10.14%
- 10Y*
- 8.86%
FEUI.DE vs. ELFC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 7.79% | 18.53% | 5.59% | 18.51% | -15.30% | 26.87% | -2.74% | 8.86% |
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 12.62% | 17.73% | -0.16% | 15.69% | 1.54% | 21.96% | -7.15% | 4.72% |
Correlation
The correlation between FEUI.DE and ELFC.DE is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2019 | 0.76 |
Over the past year, the correlation between FEUI.DE and ELFC.DE has dropped to 0.53 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
FEUI.DE vs. ELFC.DE — Risk / Return Rank
FEUI.DE
ELFC.DE
FEUI.DE vs. ELFC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Europe Quality Income UCITS ETF (FEUI.DE) and Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.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.
| FEUI.DE | ELFC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.33 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 3.00 | -1.09 |
| Martin ratioReturn relative to average drawdown | 6.52 | 8.42 | -1.90 |
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
| FEUI.DE | ELFC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.81 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.73 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.55 | 0.00 |
Drawdowns
FEUI.DE vs. ELFC.DE - Drawdown Comparison
The maximum FEUI.DE drawdown since its inception was -33.84%, smaller than the maximum ELFC.DE drawdown of -37.68%. Use the drawdown chart below to compare losses from any high point for FEUI.DE and ELFC.DE.
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Drawdown Indicators
| FEUI.DE | ELFC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.84% | -37.68% | +3.84% |
Max Drawdown (1Y)Largest decline over 1 year | -8.42% | -6.71% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -16.18% | -15.02% | -1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -24.73% | -16.85% | -7.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.68% | — |
Current DrawdownCurrent decline from peak | -1.69% | -1.60% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -6.37% | -4.70% | -1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.47% | 2.39% | +0.08% |
Volatility
FEUI.DE vs. ELFC.DE - Volatility Comparison
Fidelity Europe Quality Income UCITS ETF (FEUI.DE) has a higher volatility of 4.83% compared to Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF (ELFC.DE) at 2.62%. This indicates that FEUI.DE's price experiences larger fluctuations and is considered to be riskier than ELFC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEUI.DE | ELFC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 2.62% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 8.07% | +2.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.80% | 11.12% | +1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.60% | 13.76% | +0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.66% | 16.40% | +0.26% |
FEUI.DE vs. ELFC.DE - Expense Ratio Comparison
Both FEUI.DE and ELFC.DE have an expense ratio of 0.30%.
Dividends
FEUI.DE vs. ELFC.DE - Dividend Comparison
FEUI.DE's dividend yield for the trailing twelve months is around 3.50%, less than ELFC.DE's 4.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELFC.DE Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 4.08% | 4.45% | 4.66% | 4.66% | 4.91% | 3.85% | 2.83% | 3.64% | 4.20% | 3.53% | 3.57% |
FEUI.DE Fidelity Europe Quality Income UCITS ETF | 3.50% | 3.09% | 3.55% | 4.02% | 5.06% | 3.98% | 2.56% | 0.41% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FEUI.DE and ELFC.DE have a correlation of 0.53, 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 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FEUI.DE and ELFC.DE have the same expense ratio: 0.30% per year.
FEUI.DE tracks MSCI Europe High Div Yld NR EUR, while ELFC.DE tracks EURO iSTOXX® ex Financials High Dividend 50. They also come from different issuers: Fidelity and Deka.
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