DAX


DAX Germany ETF

Reasons to Consider DAX

Growth Potential

Rebounding from the pandemic, Germany is forecasted to exceed 4.5% GDP growth in 2022. Prominent vehicle manufacturers could be well-positioned to serve growing demand for electric vehicles (EVs) in the years ahead.1

Targeted Exposure

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

Efficient Access

DAX offers access to 40 of the largest and most liquid publicly traded companies in Germany, spanning a range of economic sectors.

1Statista, Oct 2021

Key Information As of 01/19/22

Inception Date 10/22/14
Total Expense Ratio 0.20%
Net Assets $39.53 million
NAV $32.14
Fact Sheet

ETF 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 40 largest and most liquid companies admitted to the FWB Frankfurt Stock Exchange.

ETF 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.

Trading Details As of 01/19/22

Ticker DAX
Bloomberg Index Ticker DAX
CUSIP 37954Y491
ISIN US37954Y4917
Primary Exchange Nasdaq
Shares Outstanding 1,230,000
Number of Holdings 40
30-Day Median Bid-Ask Spread 0.15%

Distributions As of 01/19/22

30-Day SEC Yield 1.95%
Distribution Frequency Semi-Annually

ETF Prices As of 01/19/22

NAV $32.14 Daily Change $0.08 0.26%
Market Price $32.06 Daily Change $0.12 0.38%

Performance History

As of recent month & quarter-end (12/31/21)
As of recent month & quarter-end (12/31/21)
Fund NAV Market Price Index
1 Year 7.09% 7.36% 6.66%
3 Years 13.84% 13.55% 14.24%
5 Years 7.75% 7.78% 8.25%
Since Inception 5.93% 5.86% 6.65%
1 Year 7.09% 7.36% 6.66%
3 Years 13.84% 13.55% 14.24%
5 Years 7.75% 7.78% 8.25%
Since Inception 5.93% 5.86% 6.65%
Year-to-Date 7.09% 7.36% 6.66%
1 Month 6.35% 5.22% 5.90%
3 Months 2.17% 1.83% 1.77%
Since Inception 51.28% 50.58% 58.95%
Year-to-Date 7.09% 7.36% 6.66%
1 Month 6.35% 5.22% 5.90%
3 Months 2.17% 1.83% 1.77%
Since Inception 51.28% 50.58% 58.95%

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.

Top Holdings As of 01/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.39 LIN GR LINDE PLC BYWD9S5 324.24 11,443 3,710,260.82
9.06 SAP GR SAP SE 4846288 137.75 26,012 3,583,160.75
7.76 SIE GR SIEMENS AG-REG 5727973 163.75 18,725 3,066,273.19
6.49 ALV GR ALLIANZ SE-REG 5231485 253.90 10,101 2,564,642.12
4.79 AIR GR AIRBUS SE 4012346 130.60 14,489 1,892,306.63
4.47 DAI GR DAIMLER AG 5529027 84.52 20,898 1,766,295.31
4.45 BAS GR BASF SE 5086577 76.92 22,861 1,758,438.71
3.99 DTE GR DEUTSCHE TELEKOM AG-REG 5842359 18.38 85,849 1,577,607.47
3.73 DPW GR DEUTSCHE POST AG-REG 4617859 61.05 24,135 1,473,372.68
3.66 BAYN GR BAYER AG-REG 5069211 59.13 24,434 1,444,778.58
3.53 IFX GR INFINEON TECHNOLOGIES AG 5889505 43.14 32,380 1,397,029.21
3.22 ADS GR ADIDAS AG 4031976 287.71 4,424 1,272,819.10
2.73 MUV2 GR MUENCHENER RUE-R 5294121 309.49 3,483 1,077,953.83
2.50 VOW3 GR Volkswagen AG 5497168 217.48 4,546 988,675.70
2.38 VNA GR VONOVIA SE BBJPFY1 54.38 17,330 942,341.48
2.23 BMW GR BMW AG 5756029 111.02 7,949 882,510.79
2.07 DB1 GR DEUTSCHE BOERSE AG 7021963 179.42 4,552 816,721.08
1.79 EOAN GR E.ON SE 4942904 13.72 51,515 706,815.37
1.76 DBK GR DEUTSCHE BANK-RG 5750355 13.37 52,080 696,251.31
1.75 MRK GR MERCK KGAA 4741844 215.55 3,208 691,496.97
1.72 RWE GR RWE AG 4768962 40.58 16,756 679,972.91
1.20 SHL GR SIEMENS HEALTHINEERS AG BD594Y4 67.43 7,007 472,512.43
1.15 ZAL GR ZALANDO SE BQV0SV7 77.64 5,835 453,057.35
1.10 SY1 GR SYMRISE AG B1JB4K8 130.07 3,343 434,823.25
1.10 FRE GR FRESENIUS SE & CO KGAA 4352097 42.11 10,315 434,331.19
1.01 DHER GR DELIVERY HERO SE BZCNB42 89.10 4,463 397,667.50
0.98 HEN3 GR Henkel AG & Co KGaA 5076705 87.95 4,391 386,170.88
0.97 PAH3 GR PAH3 7101069 99.70 3,853 384,141.63
0.87 BNR GR BRENNTAG SE B4YVF56 88.69 3,888 344,845.24
0.86 FME GR FRESENIUS MEDICA 5129074 67.87 4,995 338,987.92
0.81 SRT3 GR SRT3 5843329 517.22 619 320,156.67
0.75 1COV GR COVESTRO AG BYTBWY9 61.26 4,855 297,430.37
0.75 ENR GR SIEMENS ENERGY AG NPV BMTVQK9 25.41 11,667 296,489.65
0.75 MTX GR MTU AERO ENGINES AG B09DHL9 224.69 1,315 295,462.87
0.73 CON GR CONTINENTAL AG 4598589 106.67 2,713 289,382.56
0.71 HFG GR HELLOFRESH SE BYWH8S0 64.01 4,369 279,651.69
0.71 QIA GZ QIAGEN N.V. BYXS699 49.42 5,650 279,214.93
0.69 PUM GR PUMA SE 5064722 107.05 2,533 271,159.88
0.67 HEI GR HEIDELBERGCEMENT AG 5120679 73.40 3,621 265,787.85
0.62 BEI GR BEIERSDORF AG 5107401 101.08 2,433 245,936.01
0.14 CASH 1.00 53,403 53,402.55
Holdings are subject to change.

Sector Breakdown As of 12/31/21

Sector Weight (%)
Industrials 19.0
Materials 16.7
Consumer Discretionary 16.4
Information Technology 13.1
Financials 12.2
Health Care 10.4
Communication 4.0
Utilities 3.5
Real Estate 2.4
Consumer Staples 2.4

Source: AltaVista Research, LLC

ETF Characteristics As of 01/19/22

Return on Equity 12.50%
Weighted Avg. Market Cap 66,766 M
2020 2021
Price-to-earnings 21.27 13.57
Price-to-book value 1.76 1.63

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/19/22

Versus Beta
S&P 500 1.04
MSCI EAFE 1.12
MSCI Emg. Mkts 0.80
Standard Deviation 21.70%

Source: AltaVista Research, LLC

ETF Research

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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.