Key stats
About Deka DAXplus Maximum Dividend UCITS ETF
Home page
Inception date
Apr 3, 2009
Structure
German Index Fund
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
Deka Investment GmbH
ISIN
DE000ETFL235
The index invests in 20 German stock corporations, as well as foreign companies operating predominantly in Germany
Related funds
Classification
What's in the fund
Exposure type
Finance
Consumer Durables
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ETFL23 assets under management is 253.30 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ETFL23 invests in stocks. See more details in our Analysis section.
ETFL23 expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ETFL23 isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ETFL23 pays dividends to its holders with the dividend yield of 5.12%.
ETFL23 shares are issued by Deutscher Sparkassen-und Giroverband eV
ETFL23 follows the DAXplus Maximum Dividend Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 3, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.