# Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF (0W7I)

**Source:** https://fundology.uk/fund/0w7i · ISIN DE000ETFL128 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 12/10/2026, 0W7I (Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF, ISIN DE000ETFL128) closed at €92.28 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 12/10/2026 its total return was −1.7%, or −23.1% after UK CPIH inflation.

## Summary

Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF is an exchange-traded fund (ETF) from Deka, launched in 2009. It tracks the Markit iBoxx  Liquid Sovereign Diversified 1-3 Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **€92.28** (12/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0W7I |
| ISIN | DE000ETFL128 |
| Also listed as | EL4L (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Deka |
| Tracks | Markit iBoxx  Liquid Sovereign Diversified 1-3 Index - EUR |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £16.7m |
| Launched | 2009 |
| Domicile | Germany |

## Past returns (periods to 12/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -3.12% | -6.16% | income reinvested |
| 3 years | +3.01% | -7.05% | income reinvested |
| 5 years | -1.68% | -23.14% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF 0.20% a year. Compared on 12/10/2026, 60 of the 301 other government bond funds charge more, 27 the same and 214 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year (source: TradingView fund data, 12/10/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of 0W7I?**

The ongoing charge of 0W7I is 0.20% a year — about £20 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Deka iBoxx EUR Liquid Sovereign Diversified 1-3 UCITS ETF 0.20% a year. Compared on 12/10/2026, 60 of the 301 other government bond funds charge more, 27 the same and 214 less (share classes counted once).

**What does 0W7I track?**

0W7I tracks the Markit iBoxx  Liquid Sovereign Diversified 1-3 Index - EUR.

**Is 0W7I accumulating or distributing?**

0W7I is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of 0W7I?**

The ISIN of 0W7I is DE000ETFL128. An ISIN identifies one exact share class of a fund; 0W7I is its ticker on the London Stock Exchange. The same share class is also listed as EL4L (Xetra, euros).

**How has 0W7I done after inflation?**

Over the five years to 12/10/2026 0W7I’s total return was −1.7%, or −23.1% after UK CPIH inflation. Past performance is not a guide to future returns.

## Sources

- Inflation: [ONS CPIH index (series L522)](https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l522/mm23), latest month published.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.