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ELF1 ETF · Deka MDAX UCITS ETF
The ELF1 Exchange Traded Fund (ETF) is provided by Deka. It is built to track an index: MDAX Index. The ELF1 ETF provides physical exposure, so by buying it you actually own parts of all the 50 underlying holdings. The dividend policy is capitalization.
Real-time data unavailable for ELF1
LIVE
CLOSED
This fund is part ofGermany Blended Cap1M perf.-4.24%
Last price
N/A
1M perf.
-3.47%
1M flows
N/A
AuM
€383M
TER
0.3%
Rating
ELF1
N/A
Performance & flows
Segment for quartile rank
March 26, 2026 → June 26, 2026
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ELF1
€293.58
+11.40%
Germany Blended Cap
+7.63%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -3.47%  | +11.40% | +4.35% | +16.18%  | -10.07% | -5.34% | +11.86% | +2.76% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
6/26/2026
€293.58
1D NAV change
-1.22%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
50
Inception date
4/11/2014
Jurisdiction
Germany
Distribution
Germany
Austria
Legal structure
Contractual Fund
Base currency
EUR
Classification
Investment strategy
The Deka MDAX®UCITS ETF is a UCITS IV compliant public fund that tracks the performance of the MDAX® (Mid-Cap-German equities index, total return index). The index covers 50 Mid-Cap-German public limited companies, as well foreign companies operating in Germany.
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 | +11.40% | +4.35%  | +16.18% | -10.07% |
| 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
97.18%
Luxembourg
1.86%
Unavailable
0.54%
Other
0.43%
Sectors
Industrials
39.69%
Finance
11.66%
Non-Energy Materials
11.51%
Consumer Cyclicals
10.90%
Consumer Services
9.46%
Technology
8.56%
Healthcare
3.61%
Telecommunications
2.97%
Unavailable
0.54%
Other
1.12%
Diversification
Total weight of top 15 holdings out of 50
Top 15 holdings
Data as of May 31, 2026
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
Create a free account to view the replication graph
ELF1
N/A
Replication quality
Calculated over 12m, as of May 29, 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
€21.42B
Expense ratio range
0.07% - 0.65%
Average expense ratio
0.2667%
Top 5 funds by Deka
| AuM | ||
|---|---|---|
ELFW | Deka MSCI World UCITS ETF | €5.21B |
EL4A | Deka DAX UCITS ETF | €1.8B |
D6RP | Deka MSCI World Climate Change ESG UCITS ETF | €1.76B |
EL42 | Deka MSCI Europe UCITS ETF | €1.45B |
EL4B | Deka EURO STOXX 50 UCITS ETF | €1.33B |
Frequently asked questions about ELF1
What does Deka MDAX UCITS ETF, ELF1, invest in?
ELF1 is a Passive ETF. This ETF provides exposure to Mid Cap German Equities.
Which benchmark or index does ELF1 replicate?
ELF1 tracks the MDAX Total Return Index - EUR, through a full replication replication method.
What is the Total Expense ratio (TER) of ELF1?
ELF1 carries a total expense ratio (TER) of 0.3%, indicating the annual cost for holding the fund.
When was ELF1 launched?
ELF1 was introduced to the market on April 11, 2014. It trades on Germany, among other exchanges
Who is the ETF issuer of ELF1?
Deka MDAX UCITS ETF, ELF1, is provided by Deka. Learn more about Deka here.
What is the current assets under management (AUM) of ELF1?
ELF1 oversees €383M in assets as of June 26, 2026.
How has ELF1 performed lately?
Based on data from June 26, 2026, ELF1 returned -3.47% over the past month, 11.40% over the last three months and 2.76% year-to-date.
What are the latest inflows or outflows for ELF1?
As of June 26, 2026, ELF1 recorded net flows of -€23M year-to-date.
Does ELF1 distribute dividends?
ELF1 follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of ELF1?
As of May 31, 2026, ELF1 has significant geographic allocations in Germany and Luxembourg.
In which sector or theme does ELF1 invest in?
As of May 31, 2026, ELF1 focuses largely on Industrials, Finance and Non-Energy Materials.
How many securities does ELF1 hold and how diversified is it?
As of May 31, 2026, ELF1 holds 50 positions in its portfolio, with 53.24% of assets concentrated in its top 15 holdings.
What are the main positions in ELF1?
As of May 31, 2026, ELF1 top three holdings include Deutsche Lufthansa AG, Hochtief AG and Delivery Hero SE.
What is the base currency of ELF1?
The base currency of ELF1 is EUR.
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