| NAV | $34.24 | Daily Change | $0.30 | 0.88% |
| Market Price | $34.14 | Daily Change | $0.05 | 0.15% |
GDP growth is slowing in Germany, but companies in the DAX Index rely heavily on export markets and could see potential near-term tailwinds from a resilient U.S. economy and euro weakness.
The ETF provides targeted exposure to Germany, the largest economy in Europe by GDP.
DAX delivers efficient access to 40 of the largest and most liquid publicly traded companies in Germany, spanning a range of economic sectors.
| Inception Date | 10/22/14 |
| Total Expense Ratio | 0.20% |
| Net Assets | $68.48 million |
| NAV | $34.24 |
| Fact Sheet | View the document |
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.
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.
| Ticker | DAX |
| Bloomberg Index Ticker | DAXNRUS |
| CUSIP | 37954Y491 |
| ISIN | US37954Y4917 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 2,000,000 |
| Number of Holdings | 41 |
| 30-Day Median Bid-Ask Spread | 0.38% |
| 30-Day SEC Yield | 2.53% |
| Distribution Frequency | Semi-Annually |
| NAV | $34.24 | Daily Change | $0.30 | 0.88% |
| Market Price | $34.14 | Daily Change | $0.05 | 0.15% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 31.43% | 32.33% | 32.39% |
| 3 Years | 6.10% | 6.17% | 6.84% |
| 5 Years | 9.08% | 9.12% | 9.74% |
| Since Inception | 5.90% | 5.91% | 5.95% |
| 1 Year | 16.35% | 16.84% | 17.16% |
| 3 Years | 6.10% | 6.03% | 6.84% |
| 5 Years | 6.63% | 6.74% | 7.27% |
| 10 Years | 4.48% | 4.57% | 5.24% |
| Since Inception | 5.38% | 5.42% | 5.44% |
| Year-to-Date | 15.83% | 16.16% | 16.55% |
| 1 Month | 3.05% | 3.48% | 3.06% |
| 3 Months | 10.28% | 10.55% | 10.35% |
| Since Inception | 76.84% | 76.96% | 77.77% |
| Year-to-Date | 11.28% | 12.00% | 12.02% |
| 1 Month | 0.06% | 0.33% | 0.09% |
| 3 Months | -1.00% | -0.24% | -0.95% |
| Since Inception | 69.88% | 70.61% | 70.86% |
The Fund was re-organized effective December 24, 2018. Returns presented above reflect the performance of the predecessor Fund through December 21, 2018.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 15.95 | SAP GR | SAP SE | 4846288 | 245.00 | 44,991 | 11,022,984.28 |
| 9.74 | SIE GR | SIEMENS AG-REG | 5727973 | 200.04 | 33,660 | 6,733,416.07 |
| 7.94 | ALV GR | ALLIANZ SE-REG | 5231485 | 312.89 | 17,526 | 5,483,787.34 |
| 7.45 | DTE GR | DEUTSCHE TELEKOM AG-REG | 5842359 | 32.14 | 160,284 | 5,151,744.89 |
| 6.10 | AIR GR | AIRBUS SE | 4012346 | 160.03 | 26,330 | 4,213,686.16 |
| 4.61 | MUV2 GR | MUENCHENER RUE-R | 5294121 | 532.18 | 5,985 | 3,185,117.80 |
| 2.85 | DB1 GR | DEUTSCHE BOERSE AG | 7021963 | 232.02 | 8,496 | 1,971,200.67 |
| 2.83 | IFX GR | INFINEON TECHNOLOGIES AG | 5889505 | 33.44 | 58,449 | 1,954,549.81 |
| 2.67 | BAS GR | BASF SE | 5086577 | 46.22 | 39,940 | 1,845,985.80 |
| 2.66 | ADS GR | ADIDAS AG | 4031976 | 246.84 | 7,445 | 1,837,759.26 |
| 2.49 | MBG GR | MERCEDES-BENZ GROUP AG | 5529027 | 54.69 | 31,508 | 1,723,197.31 |
| 2.38 | DHL GR | DHL GROUP | 4617859 | 36.90 | 44,580 | 1,644,790.07 |
| 2.31 | ENR GR | SIEMENS ENERGY AG | BMTVQK9 | 53.89 | 29,656 | 1,598,205.13 |
| 2.27 | DBK GR | DEUTSCHE BANK-RG | 5750355 | 17.60 | 89,277 | 1,570,892.10 |
| 1.88 | RHM GR | RHEINMETALL AG | 5334588 | 667.65 | 1,946 | 1,299,243.58 |
| 1.71 | EOAN GR | E.ON SE | 4942904 | 12.66 | 93,322 | 1,181,738.41 |
| 1.50 | VNA GR | VONOVIA SE | BBJPFY1 | 33.04 | 31,394 | 1,037,111.42 |
| 1.46 | RWE GR | RWE AG | 4768962 | 33.34 | 30,269 | 1,009,178.90 |
| 1.46 | BMW GR | BMW AG | 5756029 | 75.52 | 13,344 | 1,007,676.90 |
| 1.39 | DTG GR | DAIMLER TRUCK HOLDING AG | BP6VLQ4 | 37.28 | 25,776 | 961,042.49 |
| 1.29 | BAYN GR | BAYER AG-REG | 5069211 | 20.23 | 43,966 | 889,400.55 |
| 1.25 | MRK GR | MERCK KGAA | 4741844 | 149.77 | 5,783 | 866,111.91 |
| 1.19 | MTX GR | MTU AERO ENGINES AG | B09DHL9 | 340.87 | 2,410 | 821,498.74 |
| 1.14 | HEI GR | HEIDELBERG MATERIALS AG | 5120679 | 130.26 | 6,033 | 785,850.92 |
| 1.13 | VOW3 GR | Volkswagen AG | 5497168 | 84.52 | 9,231 | 780,188.43 |
| 1.04 | CBK GR | COMMERZBANK AG | B90LKT4 | 15.34 | 46,599 | 715,060.38 |
| 1.03 | HNR1 GR | HANNOVER RUECK SE | 4511809 | 265.04 | 2,693 | 713,752.63 |
| 0.97 | SHL GR | SIEMENS HEALTHINEERS AG | BD594Y4 | 54.38 | 12,382 | 673,274.51 |
| 0.96 | FRE GR | FRESENIUS SE & CO KGAA | 4352097 | 35.62 | 18,549 | 660,764.23 |
| 0.92 | DFWZ4 Index | DAX MINI FUTURE DEC24 | 105,563.74 | 6 | 633,382.41 | |
| 0.90 | HEN3 GR | HENKEL AG & CO KGAA | 5076705 | 85.72 | 7,255 | 621,878.94 |
| 0.88 | SY1 GR | SYMRISE AG | B1JB4K8 | 107.54 | 5,627 | 605,133.31 |
| 0.79 | BEI GR | BEIERSDORF AG | 5107401 | 129.36 | 4,218 | 545,660.50 |
| 0.77 | OTHER PAYABLE & RECEIVABLES | 1.00 | 529,286 | 529,286.02 | ||
| 0.74 | 1COV GR | COVESTRO AG | BYTBWY9 | 60.85 | 8,408 | 511,660.58 |
| 0.63 | QIA GR | QIAGEN N.V. | BMHCW17 | 43.62 | 9,955 | 434,248.66 |
| 0.53 | BNR GR | BRENNTAG SE | B4YVF56 | 64.07 | 5,728 | 367,006.48 |
| 0.49 | ZAL GR | ZALANDO SE | BQV0SV7 | 32.30 | 10,520 | 339,786.71 |
| 0.46 | CON GR | CONTINENTAL AG | 4598589 | 66.64 | 4,794 | 319,465.54 |
| 0.44 | P911 GR | Dr Ing hc F Porsche AG | BJN59B8 | 61.88 | 4,891 | 302,678.21 |
| 0.36 | SRT3 GR | SRT3 | 5843329 | 225.07 | 1,111 | 250,056.79 |
| 0.36 | PAH3 GR | PAH3 | 7101069 | 36.02 | 6,803 | 245,059.69 |
| 0.09 | CASH | 1.00 | 61,354 | 61,353.52 | ||
| 0.01 | EURO | 1.05 | 3,801 | 3,997.51 |
| Sector | Weight (%) | |
|---|---|---|
| Financials | 20.2 | |
| Industrials | 19.2 | |
| Information Technology | 18.9 | |
| Materials | 12.2 | |
| Consumer Discretionary | 9.7 | |
| Communication Services | 7.7 | |
| Health Care | 5.7 | |
| Utilities | 3.3 | |
| Consumer Staples | 1.7 | |
| Real Estate | 1.6 |
| Industry | Weight (%) | |
|---|---|---|
| Capital Goods | 17.4 | |
| Software & Services | 16.7 | |
| Insurance | 14.4 | |
| Materials | 12.7 | |
| Telecommunication Services | 8.0 | |
| Automobiles & Components | 5.2 | |
| Banks | 3.5 | |
| Utilities | 3.5 | |
| Pharmaceuticals, Biotechnology & Life Sciences | 3.4 | |
| Financial Services | 3.1 | |
| Semiconductors & Semiconductor Equipment | 3.0 | |
| Other | 9.1 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.