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EL40 ETF · Deka MSCI Emerging Markets UCITS ETF
The EL40 Exchange Traded Fund (ETF) is provided by Deka. It is built to track an index: MSCI Emerging Markets Index. This ETF provides synthetic exposure, by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap (i.e. a contract with a financial institution which delivers the return of the index). The dividend policy is capitalization.
Real-time data unavailable for EL40
LIVE
CLOSED
This fund is part ofEmerging Market Blended Cap1M perf.-5.88%
Last price
N/A
1M perf.
-5.59%
1M flows
+€9.8M
AuM
€184M
E/R
0.4%
Rating
ESG Consensus®
EL40
N/A
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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EL40
$68.54
+6.65%
Emerging Market Blended Cap
+7.28%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -5.59%  | +6.65% | +34.91%  | +60.80% | +18.13%  | -7.97% | +5.66% | +5.66% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/12/2026
$68.53
1D NAV change
-1.68%
Dividend policy
Replication method
Indirect
Replication model
Unfunded swap
No. of holdings
1199
Inception date
7/1/2010
Jurisdiction
Germany
Distribution
Germany
Legal structure
Contractual Fund
Base currency
USD
Classification
Investment strategy
The Deka MSCI Emerging Markets UCITS ETF is a UCITS IV compliant public fund that tracks the performance of the MSCI Emerging Markets index (performance index).The MSCI Emerging Markets Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the Emerging Markets.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +6.65% | +34.91% | +60.80% | +18.13% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Exposure based on a proxy
More info
Countries
Taiwan
20.85%
Republic of Korea
15.45%
Cayman Islands
14.76%
India
13.13%
China
10.40%
Brazil
3.90%
South Africa
3.39%
Saudi Arabia
2.84%
Unavailable
0.30%
Other
14.98%
Sectors
Information Technology
30.27%
Financials
19.93%
Consumer Discretionary
10.53%
Communication Services
8.47%
Materials
7.07%
Industrials
6.02%
Energy
3.66%
Consumer Staples
2.94%
Unavailable
6.16%
Other
4.94%
Diversification
Exposure based on a proxy
More info
Total weight of top 15 holdings out of 1199
Top 15 holdings
Data as of January 31, 2026
Exposure based on a proxy
More info
TWN SEMICONT MAN
SAMSUNG ELECTR
TENCENT HOLDINGS
ALIBABA GROUP HOLDING LTD
SK HYNIX
HDFC BANK
CHINA CONSTRUCTION BANK
RELIANCE INDUSTRIES
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HON HAI PRECISION INDUSTRY
MEDIATEK INC
XIAOMI CORP
DELTA ELECTRONIC
PINDUODUO INC ADR
ICICI BANK
SAMSUNG ELEC-1P PRF
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Enterprise
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI Emerging Markets Net Return Index - USD
Index ticker
M1EF Index
Index dividend policy
NTR
Replication method
Replication model
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Deka
Deka ID Card
Number of funds
55
Total AuM
€19.56B
Expense ratio range
0.07% - 0.65%
Average expense ratio
0.2667%
Top 5 funds by Deka
| AuM | ||
|---|---|---|
ELFW | Deka MSCI World UCITS ETF | €4.49B |
EL4A | Deka DAX UCITS ETF | €1.7B |
EL42 | Deka MSCI Europe UCITS ETF | €1.47B |
D6RP | Deka MSCI World Climate Change ESG UCITS ETF | €1.47B |
EL4B | Deka EURO STOXX 50 UCITS ETF | €1.21B |
Frequently asked questions about EL40
What does Deka MSCI Emerging Markets UCITS ETF, EL40, invest in?
EL40 is a Passive ETF. This ETF provides exposure to Large and Mid-Cap Emerging markets Equities.
Which benchmark or index does EL40 replicate?
EL40 tracks the MSCI Emerging Markets Net Return Index - USD, through a unfunded swap replication method.
What is the Total Expense ratio (TER) of EL40?
EL40 carries a total expense ratio (TER) of 0.4%, indicating the annual cost for holding the fund.
When was EL40 launched?
EL40 was introduced to the market on July 1, 2010. It trades on Germany
Who is the ETF issuer of EL40?
Deka MSCI Emerging Markets UCITS ETF, EL40, is provided by Deka. Learn more about Deka here.
What is the current assets under management (AUM) of EL40?
EL40 oversees €184M in assets as of March 12, 2026.
How has EL40 performed lately?
Based on data from March 12, 2026, EL40 returned -5.59% over the past month, 6.65% over the last three months and 5.66% year-to-date.
What are the latest inflows or outflows for EL40?
As of March 12, 2026, EL40 recorded net flows of +€9.7M over the last month and +€20M year-to-date.
Does EL40 distribute dividends?
EL40 follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of EL40?
As of January 31, 2026, EL40 has significant geographic allocations in Taiwan, Republic of Korea and Cayman Islands.
In which sector or theme does EL40 invest in?
As of January 31, 2026, EL40 focuses largely on Information Technology, Financials and Consumer Discretionary.
How many securities does EL40 hold and how diversified is it?
As of January 31, 2026, EL40 holds 1199 positions in its portfolio, with 35.51% of assets concentrated in its top 15 holdings.
What are the main positions in EL40?
As of January 31, 2026, EL40 top three holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and TENCENT HOLDINGS.
What is the base currency of EL40?
The base currency of EL40 is USD.
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