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 06/18/21

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 $40,778,592
Net Asset Value (NAV) $33.70
Shares Outstanding 1,210,000
Total Expense Ratio 0.20%

Distributions

30-Day SEC Yield N/A
Distribution Frequency Semi-Annually

Fund Prices As of 06/18/21

NAV $33.70 Daily Change -$0.86 -2.49%
Market Price $33.79 Daily Change -$0.76 -2.19%
30-Day Median Bid-Ask Spread 0.31%

Performance History

As of recent
(03/31/21)
As of recent
(03/31/21)
Fund NAV Market Price Index
1 Year 60.81% 61.78% 61.80%
3 Years 5.35% 5.27% 5.84%
5 Years 8.47% 8.58% 9.21%
Since Inception 6.31% 6.30% 7.12%
1 Year 45.64% 44.94% 46.29%
3 Years 8.18% 8.15% 8.62%
5 Years 9.92% 10.00% 10.54%
Since Inception 7.21% 7.24% 8.02%
Year-to-Date 4.96% 5.68% 4.53%
1 Month 5.37% 5.75% 5.41%
3 Months 4.96% 5.68% 4.53%
Since Inception 48.28% 48.23% 55.77%
Year-to-Date 12.15% 13.15% 11.73%
1 Month 3.57% 3.84% 3.48%
3 Months 12.59% 13.22% 12.67%
Since Inception 58.43% 58.70% 66.50%

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 06/18/21

Return on Equity 11.10%
Weighted Avg. Market Cap 93,887 M
2020 2021
Price-to-earnings 20.77 14.93
Price-to-book value 1.71 1.61

Source: AltaVista Research, LLC

Fund Risk Stats As of 06/18/21

Versus Beta
S&P 500 1.00
MSCI EAFE 1.13
MSCI Emg. Mkts 0.84
Standard Deviation 22.40%

Source: AltaVista Research, LLC

Sector Breakdown As of 05/31/21

% of Net Assets
Consumer Discretionary 18.4
Materials 17.5
Industrials 14.7
Financials 14.5
Information Technology 13.3
Health Care 8.5
Communication Services 4.7
Real Estate 3.6
Utilities 3.4
Consumer Staples 1.4

Source: AltaVista Research, LLC

Top Holdings As of 06/18/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.11 SAP GR SAP SE 4846288 140.14 29,430 4,124,282.41
10.01 LIN GR LINDE PLC BYWD9S5 283.00 14,417 4,080,073.39
8.40 SIE GR SIEMENS AG-REG 5727973 158.52 21,609 3,425,364.04
7.48 ALV GR ALLIANZ SE-REG 5231485 257.63 11,845 3,051,655.11
5.41 DAI GR DAIMLER AG 5529027 91.39 24,132 2,205,340.64
4.96 BAS GR BASF SE 5086577 76.54 26,397 2,020,499.52
4.74 DTE GR DEUTSCHE TELEKOM AG-REG 5842359 20.86 92,654 1,932,941.83
4.63 DPW GR DEUTSCHE POST AG-REG 4617859 66.73 28,282 1,887,143.23
4.35 ADS GR ADIDAS AG 4031976 340.39 5,210 1,773,419.88
4.33 BAYN GR BAYER AG-REG 5069211 62.54 28,232 1,765,650.60
3.53 IFX GR INFINEON TECHNOLOGIES AG 5889505 38.46 37,392 1,438,136.80
3.34 VOW3 GR Volkswagen AG 5497168 258.94 5,260 1,362,006.05
2.77 MUV2 GR MUENCHENER RUE-R 5294121 280.63 4,024 1,129,267.65
2.42 BMW GR BMW AG 5756029 107.83 9,165 988,270.50
2.42 VNA GR VONOVIA SE BBJPFY1 63.57 15,500 985,369.61
2.21 DB1 GR DEUTSCHE BOERSE AG 7021963 171.85 5,242 900,857.08
1.89 DBK GR DEUTSCHE BANK-RG 5750355 12.99 59,318 770,652.25
1.73 EOAN GR E.ON SE 4942904 11.84 59,659 706,613.80
1.70 RWE GR RWE AG 4768962 35.86 19,372 694,769.10
1.70 DHER GR DELIVERY HERO SE BZCNB42 127.99 5,405 691,765.66
1.64 MRK GR MERCK KGAA 4741844 180.21 3,709 668,407.14
1.55 FRE GR FRESENIUS SE & CO KGAA 4352097 53.58 11,807 632,660.34
1.30 HEN3 GR Henkel AG & Co KGaA 5076705 106.09 5,005 530,970.89
1.29 DWNI GR DEUTSCHE WOHNEN SE B0YZ0Z5 61.04 8,582 523,802.67
1.16 FME GR FRESENIUS MEDICA 5129074 83.16 5,693 473,421.09
1.12 CON GR CONTINENTAL AG 4598589 148.22 3,074 455,642.28
1.01 ENR GR SIEMENS ENERGY AG NPV BMTVQK9 30.30 13,518 409,650.93
0.98 MTX GR MTU AERO ENGINES AG B09DHL9 260.95 1,529 398,995.67
0.87 HEI GR HEIDELBERGCEMENT AG 5120679 84.60 4,198 355,171.36
0.83 1COV GR COVESTRO AG BYTBWY9 61.39 5,506 338,017.29
0.14 CASH 1.03 55,650 57,479.42
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.