Deka DAX (ausschuettend) UCITS ETF
ISIN DE000ETFL060 WKN ETFL06 Rating ★★★★★
933 Mio EUR
"Deka DAX (ausschuettend) UCITS ETF" is an exchange-traded investment fund (ETF). It refers to the DAX Index. This index reflects the development of only 30 German stocks and is therefore not very well diversified. The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are distributed to the investors. The fund company Deka ETF claims a total expense ratio (TER) of 0.15% per year. The yearly average divergence from the index performance (Tracking Difference) since 2009 was 0.06% per year. Therefore, the ETF was less expensive than the TER suggests.
ETFs on the DAX Index
(Xtrackers / 28.02.2020)
Comparing Tracking Difference, Total Expense Ratio and fund size
Every bubble represents an ETF. The further to the right it is, the higher (worse) is its tracking difference. The further up it is, the higher the total expense ratio specified by the fund company. The bubble's area represents the fund volume.