New equity ETF from Deka on Xetra: access to the 100 largest non-financial companies on the NASDAQ

Since Wednesday, a new exchange-traded fund issued by Deka has been tradable on Xetra and via the trading venue Börse Frankfurt.

The Deka Nasdaq-100 UCITS ETF gives investors access to the 100 largest non-financial companies listed on the NASDAQ stock market. Some of the most represented industry groups include computer hardware and software, telecommunications, retail, wholesale, and healthcare. The most heavily weighted companies are Apple, Microsoft, and Amazon.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

Deka Nasdaq-100 UCITS ETF

Equity ETF

DE000ETFL623 

0.25 per cent

distributing

Nasdaq-100 Index

 

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,100 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.