I've got Dwarves for each kind of giant, since they're directly related in a sense.
Let's talk about Water Elves
that's rascist
I like my dwarves divided by deep, DEEP ideological schism and who would sooner consider a human or an elf as dwarf than accept the (insert dwarven civ here) as the same race.
Except that, to every other race they act pretty much the same. The differences are not trivial, mind you, but they do not affect their behaviour that much. Only their history, heritage, sacred rites, values and maybe, MAYBE some of their attitudes and aesthetic sense. But only a little bit.
and they all drink like sailors and talk with a Scottish accent.
>water elves
All elves are inherently sea-faring in nature because of the call to pilgrimage to Valinor.
Pic only slightly related.
>not using fish elves