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 09/24/21

Key Facts

Ticker DAX
Inception Date 10/22/14
CUSIP 37954Y491
ISIN US37954Y4917
Bloomberg Index Ticker DAX
Primary Exchange Nasdaq
Number of Holdings 41

Stats & Fees

Net Assets $44,138,223
Net Asset Value (NAV) $32.94
Shares Outstanding 1,340,000
Total Expense Ratio 0.20%

Distributions

30-Day SEC Yield 2.15%
Distribution Frequency Semi-Annually

Fund Prices As of 09/24/21

NAV $32.94 Daily Change -$0.34 -1.02%
Market Price $32.96 Daily Change -$0.36 -1.07%
30-Day Median Bid-Ask Spread 0.24%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 32.36% 32.43% 33.20%
3 Years 8.07% 8.38% 8.63%
5 Years 10.68% 10.69% 11.36%
Since Inception 6.70% 6.79% 7.54%
1 Year 20.01% 19.91% 20.74%
3 Years 8.53% 8.65% 9.12%
5 Years 9.02% 8.99% 9.64%
Since Inception 6.75% 6.73% 7.58%
Year-to-Date 9.24% 10.67% 9.15%
1 Month -2.60% -2.19% -2.31%
3 Months 4.07% 4.72% 4.42%
Since Inception 54.31% 55.23% 62.65%
Year-to-Date 10.81% 11.47% 10.77%
1 Month 1.38% 1.11% 1.41%
3 Months -1.20% -1.49% -0.86%
Since Inception 56.53% 56.34% 65.07%

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. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 09/24/21

Return on Equity 12.10%
Weighted Avg. Market Cap 76,285 M
2020 2021
Price-to-earnings 20.25 13.17
Price-to-book value 1.66 1.54

Source: AltaVista Research, LLC

Fund Risk Stats As of 09/24/21

Versus Beta
S&P 500 1.01
MSCI EAFE 1.12
MSCI Emg. Mkts 0.80
Standard Deviation 22.10%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Materials 17.6
Consumer Discretionary 17.3
Industrials 15.2
Information Technology 14.2
Financials 13.6
Health Care 8.5
Communication Services 4.9
Real Estate 3.9
Utilities 3.7
Consumer Staples 1.2

Source: AltaVista Research, LLC

Top Holdings As of 09/24/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.79 LIN GR LINDE PLC BYWD9S5 310.52 13,922 4,323,106.17
9.08 SAP GR SAP SE 4846288 142.01 28,221 4,007,770.74
7.98 SIE GR SIEMENS AG-REG 5727973 173.31 20,334 3,524,128.10
5.67 ALV GR ALLIANZ SE-REG 5231485 225.30 11,105 2,501,915.97
4.82 AIR GR AIRBUS SE 4012346 135.17 15,733 2,126,678.77
4.48 DAI GR DAIMLER AG 5529027 87.01 22,700 1,975,069.11
4.20 BAS GR BASF SE 5086577 74.72 24,832 1,855,448.25
4.04 DTE GR DEUTSCHE TELEKOM AG-REG 5842359 20.44 87,157 1,781,485.32
4.00 DPW GR DEUTSCHE POST AG-REG 4617859 67.01 26,360 1,766,452.23
3.65 ADS GR ADIDAS AG 4031976 330.32 4,873 1,609,644.85
3.51 IFX GR INFINEON TECHNOLOGIES AG 5889505 44.02 35,176 1,548,416.44
3.28 BAYN GR BAYER AG-REG 5069211 54.46 26,553 1,446,120.20
2.49 VOW3 GR Volkswagen AG 5497168 221.83 4,946 1,097,167.08
2.39 MUV2 GR MUENCHENER RUE-R 5294121 278.25 3,785 1,053,186.93
1.99 VNA GR VONOVIA SE BBJPFY1 63.04 13,964 880,314.95
1.89 DB1 GR DEUTSCHE BOERSE AG 7021963 168.50 4,956 835,075.43
1.87 BMW GR BMW AG 5756029 95.57 8,654 827,062.57
1.81 MRK GR MERCK KGAA 4741844 228.24 3,490 796,545.12
1.63 EOAN GR E.ON SE 4942904 12.80 56,112 718,258.84
1.60 DBK GR DEUTSCHE BANK-RG 5750355 12.68 55,781 707,488.01
1.56 DHER GR DELIVERY HERO SE BZCNB42 137.81 5,003 689,456.67
1.55 RWE GR RWE AG 4768962 37.54 18,254 685,284.05
1.41 ZAL GR ZALANDO SE BQV0SV7 99.56 6,253 622,575.32
1.21 FRE GR FRESENIUS SE & CO KGAA 4352097 48.17 11,054 532,423.37
1.19 SHL GR SIEMENS HEALTHINEERS AG BD594Y4 69.88 7,499 524,048.10
1.05 HFG GR HELLOFRESH SE BYWH8S0 99.24 4,681 464,525.04
1.01 SY1 GR SYMRISE AG B1JB4K8 136.05 3,278 445,977.25
1.01 SRT3 GR SRT3 5843329 671.65 663 445,303.14
0.99 HEN3 GR Henkel AG & Co KGaA 5076705 92.86 4,703 436,740.20
0.92 PAH3 GR PAH3 7101069 98.74 4,127 407,517.80
0.91 BNR GR BRENNTAG SE B4YVF56 96.45 4,164 401,611.49
0.87 FME GR FRESENIUS MEDICA 5129074 71.83 5,351 384,345.36
0.79 ENR GR SIEMENS ENERGY AG NPV BMTVQK9 27.29 12,698 346,557.89
0.78 1COV GR COVESTRO AG BYTBWY9 65.99 5,202 343,298.36
0.76 MTX GR MTU AERO ENGINES AG B09DHL9 232.98 1,436 334,559.81
0.75 QIA GZ QIAGEN N.V. BYXS699 54.02 6,156 332,561.87
0.75 DWNI GR DEUTSCHE WOHNEN SE B0YZ0Z5 61.96 5,345 331,198.17
0.73 CON GR CONTINENTAL AG 4598589 110.95 2,908 322,641.80
0.71 PUM GR PUMA SE 5064722 115.94 2,710 314,196.46
0.70 HEI GR HEIDELBERGCEMENT AG 5120679 78.32 3,944 308,878.60
0.10 VTSC GR VITESCO TECHNOLOGIES BMYLGD7 65.71 670 44,027.32
0.09 CASH 1.00 39,160 39,159.72
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.