EL4X.DE - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

18.0% p.a.

5-Year Horizon

Max Drawdown (5Y)

-37.2%

Deepest Drawdown

Sharpe Ratio

-0.39

Negative (< 0.0)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

62.6%

Focused

Effective Holdings

~21

of 25 holdings

Top Sector

23.4%

Consumer Cyclical

Top Region / Country

97.9%

Germany

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	-3.8%
3 Years	15.7%	-18.3%	-0.12	+0.7%
5 Years	18.0%	-37.2%	-0.39	-4.5%
10 Years	18.8%	-60.2%	-0.35	-4.1%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 10.7

Solid fund volume

🟡 Moderate analyst coverage (10.1 analysts)

🔴 Extreme top 10 holdings concentration: 63% of fund in top 10 positions.

🔴 High single-country risk: 98% of portfolio in "Germany".

🔴 Dominant Cyclicality: 72% in cyclical industries – higher drawdown risk in recessions.

⚠️ Elevated Interest Rate Sensitivity: 67% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).

⚠️ Elevated Regulatory & Policy Risk: 65% in heavily regulated industries (defense, regulated utilities, healthcare policy).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -60.2% in the extended horizon.