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 03/05/21

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 $33,673,280
Net Asset Value (NAV) $30.61
Shares Outstanding 1,100,000
Total Expense Ratio 0.20%

Distributions

30-Day SEC Yield 2.03%
Distribution Frequency Semi-Annually

Fund Prices As of 03/05/21

NAV $30.61 Daily Change -$0.64 -2.06%
Market Price $30.80 Daily Change -$0.18 -0.58%
30-Day Median Bid-Ask Spread 0.67%

Performance History

As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 12.48% 12.24% 13.68%
3 Years 2.25% 2.18% 2.85%
5 Years 6.82% 6.90% 7.55%
Since Inception 5.74% 5.62% 6.65%
1 Year 27.58% 25.97% 28.12%
3 Years 2.85% 2.91% 3.33%
5 Years 9.36% 9.47% 10.16%
Since Inception 5.52% 5.45% 6.33%
Year-to-Date 12.48% 12.24% 13.68%
1 Month 5.54% 5.07% 6.14%
3 Months 12.09% 11.02% 12.77%
Since Inception 41.27% 40.26% 49.02%
Year-to-Date -0.39% -0.06% -0.84%
1 Month 2.45% 2.36% 2.54%
3 Months 5.13% 5.00% 5.25%
Since Inception 40.72% 40.17% 47.77%

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 03/05/21

Return on Equity 10.20%
Weighted Avg. Market Cap 82,287 M
2020 2021
Price-to-earnings 19.77 15.45
Price-to-book value 1.62 1.53

Source: AltaVista Research, LLC

Fund Risk Stats As of 03/05/21

Versus Beta
S&P 500 0.99
MSCI EAFE 1.12
MSCI Emg. Mkts 0.85
Standard Deviation 22.20%

Source: AltaVista Research, LLC

Sector Breakdown As of 02/28/21

% of Net Assets
Consumer Discretionary 17.6
Materials 17.2
Financials 14.9
Information Technology 14.0
Industrials 13.7
Health Care 8.6
Communication Services 4.5
Real Estate 3.7
Utilities 3.7
Consumer Staples 2.1

Source: AltaVista Research, LLC

Top Holdings As of 03/05/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.56 SAP GR SAP SE 4846288 121.21 26,551 3,218,245.54
9.52 LIN GR LINDE PLC BYWD9S5 241.99 13,245 3,205,173.28
9.03 SIE GR SIEMENS AG-REG 5727973 153.77 19,773 3,040,478.46
7.79 ALV GR ALLIANZ SE-REG 5231485 247.29 10,603 2,622,023.28
5.91 BAS GR BASF SE 5086577 84.17 23,640 1,989,847.80
5.36 DAI GR DAIMLER AG 5529027 83.63 21,596 1,805,967.75
4.61 BAYN GR BAYER AG-REG 5069211 61.44 25,271 1,552,615.09
4.48 ADS GR ADIDAS AG 4031976 323.33 4,663 1,507,686.67
4.40 DTE GR DEUTSCHE TELEKOM AG-REG 5842359 17.86 82,962 1,481,993.57
3.76 IFX GR INFINEON TECHNOLOGIES AG 5889505 37.83 33,462 1,265,833.55
3.65 DPW GR DEUTSCHE POST AG-REG 4617859 48.49 25,327 1,228,195.12
3.25 MUV2 GR MUENCHENER RUE-R 5294121 304.16 3,600 1,094,962.49
3.22 VOW3 GR Volkswagen AG 5497168 230.42 4,701 1,083,183.85
2.55 VNA GR VONOVIA SE BBJPFY1 63.02 13,623 858,555.63
2.20 BMW GR BMW AG 5756029 90.12 8,222 740,929.78
2.19 DB1 GR DEUTSCHE BOERSE AG 7021963 156.90 4,706 738,377.40
2.00 DBK GR DEUTSCHE BANK-RG 5750355 12.59 53,607 674,923.43
1.93 RWE GR RWE AG 4768962 37.44 17,348 649,542.84
1.71 EOAN GR E.ON SE 4942904 10.05 57,412 576,786.51
1.54 MRK GR MERCK KGAA 4741844 154.94 3,355 519,811.24
1.40 DHER GR DELIVERY HERO SE BZCNB42 122.78 3,829 470,132.07
1.37 HEN3 GR Henkel AG & Co KGaA 5076705 101.63 4,526 459,984.33
1.36 FRE GR FRESENIUS SE & CO KGAA 4352097 42.91 10,665 457,615.76
1.21 CON GR CONTINENTAL AG 4598589 145.65 2,799 407,666.67
1.12 DWNI GR DEUTSCHE WOHNEN SE B0YZ0Z5 45.50 8,262 375,956.91
1.08 1COV GR COVESTRO AG BYTBWY9 72.95 5,000 364,773.13
1.04 FME GR FRESENIUS MEDICA 5129074 68.12 5,145 350,475.17
0.96 MTX GR MTU AERO ENGINES AG B09DHL9 236.22 1,373 324,323.63
0.95 HEI GR HEIDELBERGCEMENT AG 5120679 83.93 3,820 320,630.70
0.77 BEI GR BEIERSDORF AG 5107401 102.27 2,541 259,879.81
0.08 CASH 1.00 26,709 26,708.72
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.