PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
JEDI.DE vs. EL4A.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JEDI.DE vs. EL4A.DE

Last updated Jun 5, 2026

JEDI.DE (VanEck Space Innovators UCITS ETF) and EL4A.DE (Deka DAX UCITS ETF) are both exchange-traded funds - JEDI.DE is a Industrials Equities fund tracking the MVIS Global Space Industry ESG, while EL4A.DE is a Europe Equities fund tracking the DAX®. Both are passively managed. Over the past 3 years, JEDI.DE returned 65.71%/yr vs 14.41%/yr for EL4A.DE. At a 0.46 correlation, their price movements are largely independent. JEDI.DE charges 0.55%/yr vs 0.15%/yr for EL4A.DE.

Performance

JEDI.DE vs. EL4A.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Space Innovators UCITS ETF (JEDI.DE) and Deka DAX UCITS ETF (EL4A.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, JEDI.DE achieves a 76.99% return, which is significantly higher than EL4A.DE's 1.14% return.

JEDI.DE

1D
1.31%
1M
6.03%
YTD
76.99%
6M
85.53%
1Y
186.35%
3Y*
65.71%
5Y*
—
10Y*
—

EL4A.DE

1D
1.07%
1M
3.92%
YTD
1.14%
6M
2.62%
1Y
5.35%
3Y*
14.41%
5Y*
9.04%
10Y*
9.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JEDI.DE vs. EL4A.DE - Yearly Performance Comparison

2026 (YTD)2025202420232022
JEDI.DE
VanEck Space Innovators UCITS ETF		76.99%72.15%52.14%8.55%4.41%
EL4A.DE
Deka DAX UCITS ETF		1.14%22.57%18.09%19.52%5.28%

Correlation

The correlation between JEDI.DE and EL4A.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.47

Correlation (3Y)
Calculated over the trailing 3-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Jun 29, 2022

0.46

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Space Innovators UCITS ETF

Deka DAX UCITS ETF

Often compared with JEDI.DE:
JEDI.DE vs. ARKXJEDI.DE vs. SMHJEDI.DE vs. UFOJEDI.DE vs. SXR8.DEJEDI.DE vs. SCHDJEDI.DE vs. CBRS.DEJEDI.DE vs. VWCE.DE
Often compared with EL4A.DE:
EL4A.DE vs. VTIEL4A.DE vs. B41J.DEEL4A.DE vs. ELFB.DEEL4A.DE vs. EL4X.DEEL4A.DE vs. EL4F.DEEL4A.DE vs. ELFC.DEEL4A.DE vs. ELF1.DE

Return for Risk

JEDI.DE vs. EL4A.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JEDI.DE
JEDI.DE Risk / Return Rank: 9494
Overall Rank
JEDI.DE Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
JEDI.DE Sortino Ratio Rank: 9292
Sortino Ratio Rank
JEDI.DE Omega Ratio Rank: 8989
Omega Ratio Rank
JEDI.DE Calmar Ratio Rank: 9595
Calmar Ratio Rank
JEDI.DE Martin Ratio Rank: 9494
Martin Ratio Rank
EL4A.DE
EL4A.DE Risk / Return Rank: 1414
Overall Rank
EL4A.DE Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
EL4A.DE Sortino Ratio Rank: 1313
Sortino Ratio Rank
EL4A.DE Omega Ratio Rank: 1313
Omega Ratio Rank
EL4A.DE Calmar Ratio Rank: 1414
Calmar Ratio Rank
EL4A.DE Martin Ratio Rank: 1515
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JEDI.DE vs. EL4A.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Space Innovators UCITS ETF (JEDI.DE) and Deka DAX UCITS ETF (EL4A.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.

JEDI.DEEL4A.DEDifference
Sharpe ratioReturn per unit of total volatility
4.59
0.33

+4.26

Sortino ratioReturn per unit of downside risk
4.51
0.59

+3.92

Omega ratioGain probability vs. loss probability

1.56

1.07

+0.49

Calmar ratioReturn relative to maximum drawdown

8.56

0.43

+8.13

Martin ratioReturn relative to average drawdown

28.05

1.34

+26.70

JEDI.DE vs. EL4A.DE - Sharpe Ratio Comparison

The current JEDI.DE Sharpe Ratio is 4.59, which is higher than the EL4A.DE Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of JEDI.DE and EL4A.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

JEDI.DE vs. EL4A.DE - Drawdown Comparison

The maximum JEDI.DE drawdown since its inception was -30.10%, smaller than the maximum EL4A.DE drawdown of -46.64%. Use the drawdown chart below to compare losses from any high point for JEDI.DE and EL4A.DE.

Loading charts...

Drawdown Indicators

JEDI.DEEL4A.DEDifference

Max Drawdown

Largest peak-to-trough decline

-30.10%

-46.64%

+16.54%

Max Drawdown (1Y)

Largest decline over 1 year

-23.53%

-12.36%

-11.17%

Max Drawdown (3Y)

Largest decline over 3 years

-30.10%

-15.89%

-14.21%

Max Drawdown (5Y)

Largest decline over 5 years

—

-26.76%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.68%

—

Current Drawdown

Current decline from peak

-13.81%

-2.44%

-11.37%

Average Drawdown

Average peak-to-trough decline

-7.11%

-8.88%

+1.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.20%

3.97%

+3.23%

Volatility

JEDI.DE vs. EL4A.DE - Volatility Comparison

VanEck Space Innovators UCITS ETF (JEDI.DE) has a higher volatility of 18.13% compared to Deka DAX UCITS ETF (EL4A.DE) at 4.42%. This indicates that JEDI.DE's price experiences larger fluctuations and is considered to be riskier than EL4A.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

JEDI.DEEL4A.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.13%

4.42%

+13.71%

Volatility (6M)

Calculated over the trailing 6-month period

34.16%

13.11%

+21.05%

Volatility (1Y)

Calculated over the trailing 1-year period

43.91%

16.23%

+27.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.37%

17.22%

+15.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.37%

18.33%

+14.04%

JEDI.DE vs. EL4A.DE - Expense Ratio Comparison

JEDI.DE has a 0.55% expense ratio, which is higher than EL4A.DE's 0.15% expense ratio.

Dividends

JEDI.DE vs. EL4A.DE - Dividend Comparison

Neither JEDI.DE nor EL4A.DE has paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
EL4A.DE
Deka DAX UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.65%0.56%0.65%0.60%
JEDI.DE
VanEck Space Innovators UCITS ETF		0.00%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

JEDI.DE and EL4A.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EL4A.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EL4A.DE is cheaper with a 0.15% expense ratio, compared with 0.55% for JEDI.DE.

JEDI.DE is categorized as Industrials Equities, while EL4A.DE is Europe Equities. JEDI.DE tracks MVIS Global Space Industry ESG, while EL4A.DE tracks DAX®. They also come from different issuers: VanEck and Deka. Their fees differ too: 0.55% for JEDI.DE and 0.15% for EL4A.DE.

Portfolio Optimizer

Find the right allocation for JEDI.DE and EL4A.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