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›ETF Providers›Deka›EL4X
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EL4X
DE000ETFL235
Passive ETFEquity

EL4X ETF · Deka DAXplus Maximum Dividend UCITS ETF

The EL4X Exchange Traded Fund (ETF) is provided by Deka. It is built to track an index: DAXplus Maximum Dividend Index. The EL4X ETF provides physical exposure, so by buying it you actually own parts of all the 25 underlying holdings. This share class generates a stream of income by distributing dividends.
Real-time data unavailable for EL4X
LIVE
CLOSED
This fund is part ofHigh Dividend1M perf.+6.17%
Last price
N/A
1M perf.
+8.10%
1M flows
N/A
AuM
€266M
E/R
0.3%
Rating
ESG Consensus®
esg grade icon
EL4X
N/A

Performance & flows

Segment for quartile rank
January 23, 2026 → April 23, 2026
0-202468%FEBMARAPRFEBMARAPR
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EL4X
€59.48
+5.85%
High Dividend
+4.46%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+8.10%
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+5.85%
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+14.37%
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+31.16%
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+18.21%
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+6.16%
+6.16%
+6.86%
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Flows

Key fund info

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Main characteristics
Issuer
ISIN
DE000ETFL235
AuM
€266M
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E/R
0.3%
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Replication rating
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ESG Consensus®
esg grade icon
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More details
NAV
4/23/2026
€59.47
1D NAV change
+0.30%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
25
Inception date
4/3/2009
Jurisdiction
Germany
Distribution
Germany
Austria
Legal structure
Contractual Fund
Base currency
EUR
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
DAXplus Maximum Dividend Index
Asset class
Factors
N/A
Investment strategy
The Deka DAXplus® Maximum Dividend UCITS ETF is a UCITS IV compliant exchange traded fund incorporated in Germany. The Fund's objective is to track the performance of the DAXplus® Maximum Dividend Index. Only German equities with the highest dividend yield forecast qualify for the index. The maximum number of equities in the index is limited to 20
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+5.85%
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+14.37%
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+31.16%
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+18.21%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
Germany
98.46%
Netherlands
1.46%
Sectors
Industrials
25.12%
Financials
22.43%
Materials
14.23%
Utilities
11.74%
Consumer Discretionary
9.81%
Communication Services
6.52%
Consumer Staples
4.18%
Health Care
3.15%
Information Technology
2.74%
Diversification
Total weight of top 15 holdings out of 25
Top 15 holdings
Data as of March 31, 2026
BASF SE
DEUTSCHE POST
ALLIANZ SE
HANNOVER RUECKVERSICHERUNG
DEUTSCHE TELEKOM AG
E.ON
MERCEDES-BENZ GROUP AG
MUNICH RE
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RWE ST
HOCHTIEF
HENKEL& KGAA PRF
CONTINENTAL
KNORR BREMSE
GEA GROUP
SIEMENS
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about EL4X ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


EL4X’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
57.32% of holdings have positive scoring
42.76% of holdings have negative scoring
11.45%
24.26%
21.61%
6.89%
26.72%
9.16%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of March 31, 2026
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EL4X
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

Deka
Deka ID Card
Number of funds
55
Total AuM
€20.23B
Expense ratio range
0.07% - 0.65%
Average expense ratio
0.2667%
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Frequently asked questions about EL4X

What does Deka DAXplus Maximum Dividend UCITS ETF, EL4X, invest in?

EL4X is a Passive ETF. This ETF provides exposure to Other Large and Mid-Cap German Equities.

Which benchmark or index does EL4X replicate?

EL4X tracks the DAXPLUS Maximum Dividend Total Return Index - EUR, through a full replication replication method.

What is the Total Expense ratio (TER) of EL4X?

EL4X carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.

When was EL4X launched?

EL4X was introduced to the market on April 3, 2009. It trades on Germany, among other exchanges

Who is the ETF issuer of EL4X?

Deka DAXplus Maximum Dividend UCITS ETF, EL4X, is provided by Deka. Learn more about Deka here.

What is the current assets under management (AUM) of EL4X?

EL4X oversees €266M in assets as of April 23, 2026.

How has EL4X performed lately?

Based on data from April 23, 2026, EL4X returned 8.10% over the past month, 5.85% over the last three months and 6.86% year-to-date.

What are the latest inflows or outflows for EL4X?

As of April 23, 2026, EL4X recorded net flows of -€2.8M year-to-date.

Does EL4X distribute dividends?

EL4X follows a distributing dividend policy, meaning it pays out income to investors. As of April 23, 2026, its 12-month trailing yield was 4.71%.

What are the main country or region exposures of EL4X?

As of March 31, 2026, EL4X has significant geographic allocations in Germany and Netherlands.

In which sector or theme does EL4X invest in?

As of March 31, 2026, EL4X focuses largely on Industrials, Financials and Materials.

How many securities does EL4X hold and how diversified is it?

As of March 31, 2026, EL4X holds 25 positions in its portfolio, with 83.32% of assets concentrated in its top 15 holdings.

What are the main positions in EL4X?

As of March 31, 2026, EL4X top three holdings include BASF SE, DEUTSCHE POST and ALLIANZ SE.

What is the base currency of EL4X?

The base currency of EL4X is EUR.

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