(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 Forecast

Based 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

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

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
What is the price of EL40 stocks?
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%.
Is Deka MSCI Emerging Markets a good stock to buy?
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%.
Is EL40 a buy, sell or hold?
Deka MSCI Emerging Markets has no consensus analysts rating.
What are the forecast for EL40 stock price target?
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%