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›ETF Issuers›Deka›EL48

EL48

Deka iBoxx € Liquid Germany Covered Diversified UCITS ETF

Passive ETF Fixed Income

The EL48 Exchange Traded Fund (ETF) is provided by Deka. It is built to track an index: Markit iBoxx EUR Liquid Germany Covered Diversified 1-10 Index. The EL48 ETF provides physical exposure, so by buying it you actually own parts of all the 30 underlying holdings. This share class generates a stream of income by distributing dividends.

€98.70

N/A

Data as of 08/06/26

1D price range

N/A

52W price range

€98.14€101.07

YTD Perf.

+0.21%

YTD Flows

Annualized volatility

Fund AuM

€52M

Share class AuM

€52M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

DE000ETFL359

TER

0.09%

Inception date

12/16/2009

Issuer

Deka

Benchmark

Markit iBoxx EUR Liquid Germany Covered Diversified 1-10 Index

Replication method

Dividend policy

Distributing

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No content available for this fund

API

PerformanceDec 30, 2025 - Aug 6, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 06/30/26

Finance

53.50%

Unavailable

46.50%

Latest EL48 news

No content available for this fund

FAQ about EL48

EL48 is a Passive ETF. This ETF provides exposure to German Financial Services Investment Grade Corporate Bonds.

EL48 tracks the Markit iBoxx EUR Liquid Germany Covered Diversified 1-10 Total Return Index - EUR, through a full replication replication method.

EL48 carries a total expense ratio (TER) of 0.09%, indicating the annual cost for holding the fund.

EL48 was introduced to the market on December 16, 2009. It trades on Germany

Deka iBoxx € Liquid Germany Covered Diversified UCITS ETF, EL48, is provided by Deka. Learn more about Deka here.

EL48 oversees €52M in assets as of August 6, 2026.

EL48 follows a distributing dividend policy, meaning it pays out income to investors. As of August 6, 2026, its 12-month trailing yield was 2.27%.

As of June 30, 2026, EL48 has significant geographic allocations in Germany.

As of June 30, 2026, EL48 focuses largely on Finance.

As of June 30, 2026, EL48 holds 30 positions in its portfolio, with 56.09% of assets concentrated in its top 15 holdings.

As of June 30, 2026, EL48 top three holdings include DE000HV2A1C7, Commerzbank, 2.75% 20dec2029, EUR and DE000CZ457U8.

The base currency of EL48 is EUR.

Top 10 holdings

Data as of 06/30/26

DE000HV2A1C7

4.91%

Commerzbank, 2.75% 20dec2029, EUR

4.14%

DE000CZ457U8

4.14%

Commerzbank, 2.5% 25feb2028, EUR

4.12%

Landesbank Hessen-Thueringen (Helaba), 2.875% 6feb2034, EUR

4.10%

UniCredit Bank AG, 2.625% 19feb2030, EUR

4.10%

Muenchener Hypothekenbank, 1.875% 25aug2032, EUR

3.77%

Landesbank Hessen-Thueringen (Helaba), 3.375% 20jan2028, EUR

3.40%

ING-DiBa AG, 2.75% 9sep2029, EUR

3.38%

ING-DiBa AG, 3.25% 15feb2028, EUR

3.38%

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