(EL44) Deka MSCI Japan - Ratings and Ratios

The Deka MSCI Japan UCITS ETF (XETRA:EL44) is a Japan Large-Cap Blend Equity ETF originating from Germany. It tracks the Morningstar Japan TME NR JPY index, providing investors with exposure to the Japanese equity market.

With an Assets Under Management (AUM) of approximately €8.93 billion, the ETF has a significant presence in the market. To evaluate its performance, we can look at key metrics such as tracking error, liquidity, and expense ratio. A lower tracking error indicates that the ETF is closely following its underlying index. High liquidity, measured by trading volume and bid-ask spread, is essential for minimizing trading costs. The expense ratio, which represents the ETFs operating costs, should be reasonable compared to its peers.

From a technical analysis perspective, the ETFs price action can be assessed using indicators such as the Relative Strength Index (RSI) and Bollinger Bands. The current price of €10.40 is above its 20-day Simple Moving Average (SMA) of €10.04, indicating a short-term uptrend. The 50-day SMA and 200-day SMA are at €10.14 and €10.15, respectively, suggesting a stable long-term trend. The Average True Range (ATR) of 0.07 (€0.71% of the current price) indicates relatively low volatility.

To further evaluate the ETFs potential, we can examine its sector allocation, market capitalization distribution, and dividend yield. A diversified sector allocation and market capitalization distribution can help minimize risk. The dividend yield, which represents the ratio of annual dividend payments to the ETFs current price, can provide insight into its income-generating potential.