Global X DAX Germany ETF (DAX)
| Assets | $200.90M |
| Expense Ratio | 0.20% |
| PE Ratio | 18.54 |
| Shares Out | 5.18M |
| Dividend (ttm) | $0.75 |
| Dividend Yield | 1.92% |
| Ex-Dividend Date | Dec 30, 2024 |
| Payout Ratio | 35.17% |
| 1-Year Return | +18.47% |
| Volume | 242,749 |
| Open | 39.27 |
| Previous Close | 39.38 |
| Day's Range | 38.82 - 39.34 |
| 52-Week Low | 30.52 |
| 52-Week High | 41.55 |
| Beta | 1.04 |
| Holdings | 43 |
| Inception Date | Oct 22, 2014 |
About DAX
Fund Home PageThe Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is issued by Global X.
Top 10 Holdings
64.63% of assets| Name | Symbol | Weight |
|---|---|---|
| SAP SE | SAP | 15.69% |
| Siemens Aktiengesellschaft | SIE | 9.93% |
| Allianz SE | ALV | 8.47% |
| Deutsche Telekom AG | DTE | 7.67% |
| Airbus SE | AIR | 5.97% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 4.85% |
| Rheinmetall AG | RHM | 3.64% |
| Deutsche Börse AG | DB1 | 3.19% |
| Deutsche Bank Aktiengesellschaft | DBK | 2.65% |
| BASF SE | BAS | 2.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.0906 | Jan 7, 2025 |
| Jun 27, 2024 | $0.65652 | Jul 5, 2024 |
| Dec 28, 2023 | $0.11254 | Jan 8, 2024 |
| Jun 29, 2023 | $0.65122 | Jul 10, 2023 |
| Dec 29, 2022 | $0.11062 | Jan 9, 2023 |
| Jun 29, 2022 | $0.60618 | Jul 8, 2022 |
News
Trump's Tariffs Pose a New Threat for Germany's Stagnant Economy
President Trump's trade war adds another challenge to the incoming government's attempts to revive Europe's biggest economy.
Disruptive Theme of the Week: Europe Defying Low Expectations
While U.S. investors may be disappointed with this year's choppy first-quarter performance, European investors celebrate double-digit broad index returns. The Euro Stoxx 50 Index is Europe's blue-chip...
The German DAX Has Hit An All-Time High And This Is Why
The DAX reached an all-time high due to increased government spending and a stable current account surplus, despite negative news and recessionary concerns. Germany's government plans to boost infrast...
Bull vs Bear: Do Europe ETFs Need a Spot in Portfolios?
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...
Confidence in German economy surges as parliament approves huge spending plan
Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defense
Nervous about European decoupling from U.S. on a sustained basis, says Rebecca Patterson
Rebecca Patterson, fmr. Bridgewater, joins 'Fast Money' to talk investing in domestic and European markets.
Dax Index News: Tariff Developments and German Fiscal Policy Drive DAX Sentiment
DAX slips as US tariff fears resurface, with auto stocks under pressure. US inflation data and Germany's fiscal plans to influence market sentiment.
European Stock Markets Surge As U.S. Stock Market Sags
Plans to increase defense and infrastructure spending offer compelling economic benefits for Germany's lagging manufacturing sector. The US seems to be dramatically reducing spending through its Depar...
German Stocks Have Been Flying. What to Do Now.
A continent-wide defense bump, didn't exactly catch the market by surprise, but markets could keep running.
DAX Index News: German Trade Data Eyed Amid Ongoing US Tariff Threats
Tariff threats and fiscal policy debates drive DAX uncertainty. German trade data and ECB moves take center stage as investors weigh key risks.
Why Germany? Why DAX?
The German economy benefits from the relative stability of the European Union, likely providing consistency from a governance, policy, and currency perspective. Germany's robust export sector has come...
Trump's Slash-and-Burn Tactics Bring a Boom for German Stocks. 3 Ways to Play It.
The sea change in policy is creating a giddy optimism in German markets not seen in decades.
German stocks rise after the election. What analysts expect now.
Election results suggest a government could be formed between the main center-right and center-left parties.
The German Stock Market's Strange Exuberance
This Sunday, the good citizens of Germany will go to the polls to vote for the country's next government. This new government will inherit a bevy of economic, political and social problems plaguing a ...
Germany DAX Technical: Bullish Acceleration Towards Fresh All-Time Highs
The current bullish trend in the German stock market is supported by positive momentum, market breadth and intermarket dynamics. The DAX and Hang Seng Index have a high direct correlation where a furt...
Dax Index News: US Tariffs Send DAX Futures Crashing 555 Points
The DAX remains bullish, but US tariffs and inflation uncertainty pose risks. Can rate cut hopes keep the rally alive?
This Huge Global Economy Is About to Take the Brakes Off. How U.S. Investors Can Play It.
A change in budget rules could be a big deal for stocks, analysts say.
Cooling Of German Labor Market Continues In September
The gradual cooling of the German labour market continues, providing further arguments for the European Central Bank doves to put an October rate cut back on the table. Recruitment plans in both indus...
German Industrial Disappointment Continues
German industry disappointed in May, indicating that the entire economy could have fallen back into negative territory in the second quarter. Industrial production dropped by 2.5% month-on-month in Ma...
Inflation Slows Further As Economic Growth Wanes: Our Key Takeaways From The Eurozone Flash PMI
The deteriorating eurozone growth trend was led by France, which saw output fall for a second consecutive month and at the fastest rate for five months. Fueling the manufacturing downturn was a steepe...
Stronger Growth And Lower Inflation: Our Key Takeaways From The Eurozone Flash PMI
Business activity in the euro area rose for a third successive month in May, the rate of growth accelerating to a one-year-high. Price pressures cooled, with services sector inflation - the recent sti...
Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease
Business activity in the euro area came close to stabilising in March, as provisional PMI® survey data registered only a marginal decline in output of goods and services.
DAX: Tepid Growth Forecasts Not Hindering Momentum
The German economy is facing a dreary economic backdrop, with an economic contraction in 2023 and downward revisions in growth expectations for 2024 and 2025. Despite the economic environment, DAX has...
Germany's Stocks Are Looking Cheap
Not everything is so bad. The largest public Germany companies are more dependent on the global economy.
German Industrial Production Plunges Again
Industrial production plunged again, ending the year 2023 at some 10% below pre-pandemic levels, but we are seeing the very first signs of light at the end of a long tunnel. The sharp drop in both exp...