DAX


DAX Germany ETF

Fund Summary

The Global X DAX Germany ETF (DAX) is the only U.S. listed ETF that seeks to track the premiere German DAX Index, comprised of the 30 largest and most liquid companies admitted to the FWB Frankfurt Stock Exchange.

Fund Objective

The Global X DAX Germany ETF (DAX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the DAX Index.

Why DAX?

Efficient Access

DAX offers access to 30 of the largest and most liquid publicly traded companies in Germany, spanning a range of economic sectors.

Targeted Exposure

The fund provides targeted exposure to Germany, the largest economy in Europe by GDP.

Fund Details As of 12/03/20

Key Facts

Ticker DAX
Inception Date 10/22/14
CUSIP 37954Y491
ISIN US37954Y4917
Bloomberg Index Ticker DAX
Primary Exchange Nasdaq
Number of Holdings 30

Stats & Fees

Net Assets $31,683,396
Net Asset Value (NAV) $30.17
Shares Outstanding 1,050,000
Gross Expense Ratio 0.46%
Net Expense Ratio * 0.21%

Distributions

30-Day SEC Yield 2.59%
Unsubsidized 30-Day SEC Yield 2.36%
Distribution Frequency Semi-Annually

*Fee waivers are contractual and in effect until at least March 1, 2021.

Fund Prices As of 12/03/20

NAV $30.17 Daily Change $0.06 0.21%
Market Price $30.15 Daily Change -$0.05 -0.15%
30-Day Median Bid-Ask Spread 0.83%

Performance History

Cumulative %

Data as of month-end (11/30/20)

Fund NAV Market Price Index
Year-to-Date 6.58% 6.82% 7.11%
1 Month 18.09% 16.57% 18.11%
3 Months 2.62% 2.38% 2.69%
6 Months 23.04% 21.91% 23.36%
Since Inception 33.86% 33.49% 40.40%

Avg Annualized %

Data as of month-end (11/30/20)

Fund NAV Market Price Index
1 Year 8.59% 8.41% 8.94%
3 Years 0.38% 0.26% 0.79%
5 Years 5.04% 5.02% 5.75%
Since Inception 4.89% 4.84% 5.71%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year 10.06% 10.46% 10.44%
3 Years -0.84% -0.81% -0.45%
5 Years 6.04% 6.05% 6.77%
Since Inception 3.97% 4.01% 4.80%

The Fund was re-organized effective December 24, 2018. Returns presented above reflect the performance of the predecessor Fund through December 21, 2018.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Fund Characteristics As of 12/03/20

Return on Equity 8.00%
Weighted Avg. Market Cap 76,025 M
2019 2020
Price-to-earnings 16.63 20.31
Price-to-book value 1.65 1.59

Source: AltaVista Research, LLC

Fund Risk Stats As of 12/03/20

Versus Beta
S&P 500 1.00
MSCI EAFE 1.13
MSCI Emg. Mkts 0.85
Standard Deviation 22.60%

Source: AltaVista Research, LLC

Sector Breakdown As of 11/30/20

% of Net Assets
Materials 17.3
Consumer Discretionary 16.8
Financials 15.6
Industrials 14.0
Information Technology 11.2
Health Care 9.2
Communication Services 4.8
Real Estate 4.3
Utilities 4.3
Consumer Staples 2.4
Other/Cash 0.1

Source: AltaVista Research, LLC

Top 10 Holdings As of 12/03/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.76 LIN GR LINDE PLC BYWD9S5 250.13 12,357 3,090,865.30
9.06 SIE GR SIEMENS AG-REG 5727973 136.09 21,083 2,869,279.47
8.06 ALV GR ALLIANZ SE-REG 5231485 241.40 10,583 2,554,734.68
7.38 SAP GR SAP SE 4846288 122.69 19,059 2,338,428.08
5.50 BAS GR BASF SE 5086577 73.76 23,617 1,742,047.03
4.90 ADS GR ADIDAS AG 4031976 332.94 4,662 1,552,167.03
4.78 DTE GR DEUTSCHE TELEKOM AG-REG 5842359 18.29 82,807 1,514,424.50
4.69 DAI GR DAIMLER AG 5529027 69.03 21,514 1,485,158.48
4.63 BAYN GR BAYER AG-REG 5069211 58.06 25,262 1,466,656.36
3.93 DPW GR DEUTSCHE POST AG-REG 4617859 49.22 25,282 1,244,470.69
Holdings are subject to change.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Securities focusing on a single country may be subject to higher volatility. DAX is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Deutsche Börse AG, nor does Deutsche Börse AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Deutsche Börse AG.