Deka S&P 500 UCITS ETF

Deka S&P 500 UCITS ETF is an exchange-traded fund designed to mirror the performance of the S&P 500 Index, which represents the 500 largest publicly traded companies in the United States. As an equity ETF, its primary function is to provide diversified exposure to the U.S. large-cap equity market, encompassing a broad range of sectors and industries, including technology, healthcare, financials, and consumer goods. The fund utilizes a physical full replication method, holding all the underlying stocks of the S&P 500, thereby aligning closely with the index's performance. It is denominated in euros and does not hedge currency risk, making its returns sensitive to EUR/USD exchange rate movements for euro-based investors. This ETF distributes dividends on a quarterly basis and maintains a competitive total expense ratio of 0.12% per annum, catering to cost-conscious investors. Its structure complies with UCITS regulations, offering both transparency and investor protection. Launched in March 2024 and domiciled in Germany, the Deka S&P 500 UCITS ETF plays a significant role in granting European investors efficient and straightforward access to the U.S. stock market within a single, liquid instrument.