IQQU.DE vs. EL4C.DE
IQQU.DE (iShares MSCI Europe ex-UK UCITS ETF) and EL4C.DE (Deka STOXX Europe Strong Growth 20 UCITS ETF) are both Europe Equities funds - IQQU.DE tracks the MSCI Europe ex UK while EL4C.DE tracks the STOXX® Europe Strong Growth 20. Both are passively managed. Over the past 10 years, IQQU.DE returned 9.38%/yr vs 7.35%/yr for EL4C.DE. A 0.53 correlation means they provide meaningful diversification when combined. IQQU.DE charges 0.40%/yr vs 0.65%/yr for EL4C.DE.
Performance
IQQU.DE vs. EL4C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQU.DE achieves a 7.54% return, which is significantly lower than EL4C.DE's 12.27% return. Over the past 10 years, IQQU.DE has outperformed EL4C.DE with an annualized return of 9.38%, while EL4C.DE has yielded a comparatively lower 7.35% annualized return.
IQQU.DE
- 1D
- 0.78%
- 1M
- 1.64%
- YTD
- 7.54%
- 6M
- 9.86%
- 1Y
- 15.14%
- 3Y*
- 13.15%
- 5Y*
- 9.03%
- 10Y*
- 9.38%
EL4C.DE
- 1D
- 0.62%
- 1M
- -1.94%
- YTD
- 12.27%
- 6M
- 13.80%
- 1Y
- 4.48%
- 3Y*
- 1.76%
- 5Y*
- -2.09%
- 10Y*
- 7.35%
IQQU.DE vs. EL4C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQU.DE iShares MSCI Europe ex-UK UCITS ETF | 7.54% | 20.11% | 6.36% | 17.27% | -12.23% | 24.46% | 1.53% | 28.71% | -11.38% | 11.87% |
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 12.27% | -3.34% | -6.07% | 15.53% | -35.98% | 26.15% | 24.97% | 48.01% | -5.01% | 21.71% |
Correlation
The correlation between IQQU.DE and EL4C.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2008 | 0.53 |
Over the past year, IQQU.DE and EL4C.DE have become more correlated (0.76) than their long-term average of 0.53, meaning their price movements have been converging.
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Return for Risk
IQQU.DE vs. EL4C.DE — Risk / Return Rank
IQQU.DE
EL4C.DE
IQQU.DE vs. EL4C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe ex-UK UCITS ETF (IQQU.DE) and Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.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.
| IQQU.DE | EL4C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.90 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.54 | 0.33 | +1.20 |
| Martin ratioReturn relative to average drawdown | 5.62 | 0.70 | +4.92 |
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
| IQQU.DE | EL4C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.13 | 0.23 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | -0.09 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.35 | +0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.36 | -0.07 |
Drawdowns
IQQU.DE vs. EL4C.DE - Drawdown Comparison
The maximum IQQU.DE drawdown since its inception was -59.97%, which is greater than EL4C.DE's maximum drawdown of -50.13%. Use the drawdown chart below to compare losses from any high point for IQQU.DE and EL4C.DE.
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Drawdown Indicators
| IQQU.DE | EL4C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.97% | -50.13% | -9.84% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -15.20% | +5.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.34% | -28.07% | +11.73% |
Max Drawdown (5Y)Largest decline over 5 years | -22.54% | -44.48% | +21.94% |
Max Drawdown (10Y)Largest decline over 10 years | -34.61% | -44.48% | +9.87% |
Current DrawdownCurrent decline from peak | -1.21% | -26.07% | +24.86% |
Average DrawdownAverage peak-to-trough decline | -15.28% | -16.08% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 7.19% | -4.46% |
Volatility
IQQU.DE vs. EL4C.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ex-UK UCITS ETF (IQQU.DE) is 4.32%, while Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C.DE) has a volatility of 7.32%. This indicates that IQQU.DE experiences smaller price fluctuations and is considered to be less risky than EL4C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQU.DE | EL4C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 7.32% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 17.65% | -6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.59% | 21.87% | -8.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 22.58% | -7.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.69% | 21.55% | -5.86% |
IQQU.DE vs. EL4C.DE - Expense Ratio Comparison
IQQU.DE has a 0.40% expense ratio, which is lower than EL4C.DE's 0.65% expense ratio.
Dividends
IQQU.DE vs. EL4C.DE - Dividend Comparison
IQQU.DE's dividend yield for the trailing twelve months is around 1.98%, more than EL4C.DE's 0.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL4C.DE Deka STOXX Europe Strong Growth 20 UCITS ETF | 0.79% | 0.79% | 0.67% | 0.42% | 4.57% | 0.00% | 0.00% | 0.00% | 0.21% | 0.16% | 0.24% | 0.17% |
IQQU.DE iShares MSCI Europe ex-UK UCITS ETF | 1.98% | 2.16% | 2.38% | 2.36% | 2.33% | 1.62% | 1.43% | 2.31% | 2.67% | 2.26% | 2.31% | 2.14% |
Frequently Asked Questions
IQQU.DE and EL4C.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQQU.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQU.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for EL4C.DE.
IQQU.DE tracks MSCI Europe ex UK, while EL4C.DE tracks STOXX® Europe Strong Growth 20. They also come from different issuers: iShares and Deka. Their fees differ too: 0.40% for IQQU.DE and 0.65% for EL4C.DE.
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