(EL40) Deka MSCI Emerging Markets - Ratings and Ratios
Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: DE000ETFL342 • Global Emerging Markets Equity
EL40: Stocks, Bonds, Emerging Markets
The Deka MSCI Emerging Markets UCITS ETF (XETRA: EL40) is a Germany-based exchange-traded fund designed to provide exposure to emerging markets equities. It tracks the Morningstar EM TME NR USD index, which focuses on total return performance of emerging market equities. The fund is structured as a UCITS-compliant ETF, offering investors a regulated and transparent vehicle for accessing global emerging markets.
From a technical perspective, the ETF currently trades at 47.68 EUR, below its 20-day SMA of 49.22 and 50-day SMA of 48.35, but slightly above its 200-day SMA of 47.08. This indicates short-term bearish momentum but long-term bullish structure. The Average True Range (ATR) of 0.67 reflects moderate volatility, while the 20-day average volume of 3,859 shares suggests lower liquidity compared to larger ETFs.
Fundamentally, the ETF manages assets under management (AUM) of 87.89 million EUR, positioning it as a moderately sized fund in the emerging markets equity category. Its size reflects a balance between accessibility for retail investors and institutional participation. The funds tracking error and expense ratio are not disclosed here but are critical factors for investors evaluating its efficiency in replicating the underlying index.
3-Month ForecastBased on technical and fundamental analysis, the ETF is expected to face headwinds in the short term due to its current position below key SMAs. However, its long-term outlook remains stable, supported by the 200-day SMA. Trading volumes may remain subdued unless emerging markets experience significant macroeconomic shifts. The AUM is likely to remain stable, reflecting sustained investor interest in diversifying into emerging markets.
Technically, the ETF may test support near its 200-day SMA of 47.08 if downward momentum persists. Resistance is expected at the 50-day SMA of 48.35. Breakouts above this level could signal a reversal of the short-term downtrend. The ATR of 0.67 suggests that price fluctuations will remain contained, limiting sharp movements in either direction.
Fundamentally, the ETFs performance will largely depend on the broader emerging markets landscape. Any improvement in global risk sentiment or stabilization in key emerging economies could drive inflows and support asset growth. Conversely, geopolitical tensions or currency volatility may weigh on the funds performance. Investors should monitor macroeconomic indicators and index composition changes for additional insights.
Additional Sources for EL40 ETF
EL40 ETF Overview
Market Cap in USD | 95m |
Category | Global Emerging Markets Equity |
IPO / Inception | 2010-07-01 |
EL40 ETF Ratings
Growth 5y | 38.3% |
Fundamental | - |
Dividend | 0.31% |
Rel. Strength Industry | -13 |
Analysts | - |
Fair Price Momentum | 44.08 EUR |
Fair Price DCF | - |
EL40 Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | 0.00% |
Payout Consistency | 1.0% |
EL40 Growth Ratios
Growth Correlation 3m | 16.7% |
Growth Correlation 12m | 78.5% |
Growth Correlation 5y | 14.1% |
CAGR 5y | 8.63% |
CAGR/Max DD 5y | 0.31 |
Sharpe Ratio 12m | 0.70 |
Alpha | 3.02 |
Beta | 0.62 |
Volatility | 18.55% |
Current Volume | 7.7k |
Average Volume 20d | 2.7k |
As of March 15, 2025, the stock is trading at EUR 47.98 with a total of 7,717 shares traded.
Over the past week, the price has changed by +1.13%, over one month by -2.62%, over three months by -0.47% and over the past year by +10.97%.
Partly, yes. Based on ValueRay Analyses, Deka MSCI Emerging Markets (XETRA:EL40) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 38.32 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EL40 as of March 2025 is 44.08. This means that EL40 is currently overvalued and has a potential downside of -8.13%.
Deka MSCI Emerging Markets has no consensus analysts rating.
According to ValueRays Forecast Model, EL40 Deka MSCI Emerging Markets will be worth about 49.1 in March 2026. The stock is currently trading at 47.98. This means that the stock has a potential upside of +2.4%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 49.1 | 2.4% |