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About Global X DAX Germany ETF
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Inception date
Oct 22, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
The German stock index DAX 40 (GER40) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 40 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity. The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX40 is usually reported as a performance index, which means that the dividends of the companies are reinvested.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Producer Manufacturing
Electronic Technology
Stocks99.56%
Finance22.13%
Technology Services15.88%
Producer Manufacturing15.61%
Electronic Technology14.20%
Consumer Durables6.90%
Communications6.63%
Health Technology4.17%
Utilities3.52%
Consumer Non-Durables3.41%
Transportation2.44%
Health Services1.66%
Non-Energy Minerals1.41%
Process Industries0.75%
Distribution Services0.44%
Retail Trade0.40%
Bonds, Cash & Other0.44%
Futures0.38%
Cash0.07%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DAX invests in stocks. The fund's major sectors are Finance, with 22.13% stocks, and Technology Services, with 15.88% of the basket. The assets are mostly located in the Europe region.
DAX top holdings are SAP SE and Siemens Aktiengesellschaft, occupying 15.88% and 9.69% of the portfolio correspondingly.
DAX last dividends amounted to 0.09 USD. Six months before that, the issuer paid 0.66 USD in dividends, which shows a 624.62% decrease.
DAX assets under management is 312.58 M USD. It's risen 13.80% over the last month.
DAX fund flows account for 204.10 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DAX pays dividends to its holders with the dividend yield of 1.73%. The last dividend (Jan 7, 2025) amounted to 0.09 USD. The dividends are paid semi-annually.
DAX shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Oct 22, 2014, and its management style is Passive.
DAX expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
DAX follows the DAX Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DAX invests in stocks.
DAX price has fallen by −0.32% over the last month, and its yearly performance shows a 33.35% increase. See more dynamics on DAX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.14% over the last month, showed a 7.15% increase in three-month performance and has increased by 37.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.14% over the last month, showed a 7.15% increase in three-month performance and has increased by 37.74% in a year.
DAX trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.