Global X - DAX Germany ETF
$43.84+0.26 (+0.59%)
- 0.20%
- $210M
- −0.4%
- 2.16%
- 0M sh
- $43.53
- low $40.35high $47.92
The ETF.net DAX Grade
B
Score 64 out of 100
- 5 of 12
Score 64 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A81 out of 100Rank 3 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 6 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 9 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D26 out of 100Rank 11 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 10 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D36 out of 100Rank 9 of 12
Our read on DAX
BGermany's headline blue-chip benchmark in a US wrapper. Roughly 40 of the country's largest listed companies, tracked by an index fund that charges 0.20% a year, well under half the typical fee for a single-country Europe ETF.
The fund seeks to track the price and yield performance of the DAX Index before fees and expenses.
Why people hold it
- Charges 0.20% a year while the typical European single-country ETF costs more than double that. Peers like EWL and EWD sit near 0.50%.
- One index, roughly 40 names, no overlay or hedging gimmick. Its tracking of the DAX Index is among the tightest in its European single-country peer group.
- Trading since 2014, so it brings a decade-plus live record rather than a recent launch, and it is one of the stronger builds in its cohort.
Worth knowing
- Focus cuts both ways. Roughly 40 companies in one economy means a handful of German large caps carry the whole portfolio.
- Thinly traded with a modest asset base, so spreads and limit orders matter more here than in a mega-cap Europe fund.
- Distributions land once or twice a year, not quarterly or monthly, so cash flow arrives in lumps.
DAX Holdings
- Stocks
- 43
- 65%
- SIE.DE
Sectors
- Industrials34.4%
- Financials21.3%
- Technology15.3%
- Health Care6.6%
- Consumer Discretionary5.8%
- Communication5.5%
- Materials4.7%
- Utilities4.6%
- Consumer Staples1.0%
- Real Estate0.7%
Geography
- Germany93.03%
- Netherlands6.97%
Developed 100% · Emerging 0%
DAX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DAX$9,965
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DAX |
|---|---|
| Year to date | −2.6% |
| 1 month | −5.0% |
| 3 months | −1.9% |
| 1 year | −0.4% |
| 3 years | +19.5% |
| 5 years | +9.2% |
| 10 years | +8.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DAX |
|---|---|---|
| 2026 YTD | −2.6% | |
| 2025 | +39.0% | |
| 2024 | +10.5% | |
| 2023 | +23.6% | |
| 2022 | −18.5% | |
| 2021 | +7.7% | |
| 2020 | +12.3% |
DAX in the news
DAX Dividends
- 2.16%
- $0.94
- $0.86 per share
- Twice a year
Distribution history
DAX Risk
- 16.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.94
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −38.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DAX Cost
0.20%
DAX0.20%
- The middle half of Europe Region funds
- Median 0.51%
2 of the 12 Europe Region funds charge less.
Other funds in Europe Region
- AFLEUFranklin FTSE Eurozone ETFExpense ratio 0.09%1 year return +10.0%
- AEZUiShares MSCI Eurozone ETFExpense ratio 0.50%1 year return +10.5%
- BIEViShares Europe ETFExpense ratio 0.60%1 year return +11.2%
- BEWLiShares MSCI Switzerland ETFExpense ratio 0.50%1 year return +7.9%
- BEWDiShares MSCI Sweden ETFExpense ratio 0.51%1 year return +11.5%