# Deka MDAX UCITS ETF (0W82)

**Page:** https://fundology.uk/fund/0w82 · ISIN DE000ETFL441

## 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 13/11/2026, 0W82 (Deka MDAX UCITS ETF, ISIN DE000ETFL441) closed at €285.00 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was −17.7%, or −35.7% after UK CPIH inflation.

## Summary

Deka MDAX UCITS ETF is an exchange-traded fund (ETF) from Deka, launched in 2014. It tracks the Germany MDAX. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **€285.00** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0W82 |
| ISIN | DE000ETFL441 |
| Also listed as | ELF1 (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | Deka |
| Tracks | Germany MDAX |
| Income | Accumulating |
| Ongoing charge | 0.30% a year (£30 per £10,000) |
| Fund size | £296m |
| Launched | 2014 |
| Domicile | Germany |

## Past returns (periods to 13/11/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +0.24% | -3.31% | income reinvested |
| 3 years | +15.27% | +4.14% | income reinvested |
| 5 years | -17.66% | -35.73% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Deka MDAX UCITS ETF in pounds (price, with income reinvested in the fund): 2021 −4.2%, 2025 +26.4%; 2026 to 13/11/2026 −5.4%. Returns of Deka MDAX UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +5.2%; to 30/09/2025: +16.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2021 | -4.2% | -8.6% | Price |
| 2025 | +26.4% | +22.1% | Price |
| 2026 to 13/11/2026 | -5.4% | -8.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.03% | -15.38% |
| 3 years | 22.61% | -15.38% |

## Largest fall

Volatility of Deka MDAX UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 21.0% over 1 year, 22.6% over 3 years. The lowest 12-month return of Deka MDAX UCITS ETF in pounds (price, with income reinvested in the fund) since November 2020 was −10.3% (12 months to 09/10/2026); the highest was +31.3% (12 months to 16/01/2026).

## Charges compared with similar funds

Ongoing charge of Deka MDAX UCITS ETF 0.30% a year. Compared on 14/11/2026, 63 of the 242 other European share funds charge more, 18 the same and 161 less (share classes counted once).

## Funds tracking the same index

3 funds track Germany MDAX, this one included and share classes counted once; their ongoing charges range from 0.19% to 0.51% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Deka MDAX UCITS ETF (this fund) | 0.30% | +0.2% | +15.3% | -17.7% |
| Invesco MDAX UCITS ETF | 0.19% | -1.6% | +11.4% | -18.0% |
| iShares MDAX UCITS ETF (DE) | 0.51% | -1.9% | +10.3% | -18.7% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.30%** per year
- 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 0W82?**

The ongoing charge of 0W82 is 0.30% a year — about £30 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 MDAX UCITS ETF 0.30% a year. Compared on 14/11/2026, 63 of the 242 other European share funds charge more, 18 the same and 161 less (share classes counted once).

**What does 0W82 track?**

0W82 tracks the Germany MDAX.

**Is 0W82 accumulating or distributing?**

0W82 is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0W82?**

The ISIN of 0W82 is DE000ETFL441. An ISIN identifies one exact share class of a fund; 0W82 is its ticker on the London Stock Exchange. The same share class is also listed as ELF1 (Xetra, euros).

**What were 0W82’s returns in each of the last five years?**

Calendar-year returns of 0W82 in pounds (price, with income reinvested in the fund): 2021 −4.2%, 2025 +26.4%; 2026 to 13/11/2026 −5.4%. Past performance is not a guide to future returns.

**How has 0W82 done after inflation?**

Over the five years to 13/11/2026 0W82’s total return was −17.7%, or −35.7% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.