Global X DAX Germany ETF (DAX)
| Assets | $280.23M |
| Expense Ratio | 0.20% |
| PE Ratio | 18.83 |
| Shares Out | 6.33M |
| Dividend (ttm) | $0.68 |
| Dividend Yield | 1.56% |
| Ex-Dividend Date | Jun 27, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 29.00% |
| Volume | 54,844 |
| Open | 43.83 |
| Previous Close | 44.02 |
| Day's Range | 43.46 - 43.88 |
| 52-Week Low | 32.33 |
| 52-Week High | 46.09 |
| Beta | 0.94 |
| Holdings | 44 |
| 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
65.65% of assets| Name | Symbol | Weight |
|---|---|---|
| SAP SE | SAP | 13.70% |
| Siemens Aktiengesellschaft | SIE | 10.93% |
| Allianz SE | ALV | 8.13% |
| Airbus SE | AIR | 7.46% |
| Deutsche Telekom AG | DTE | 5.57% |
| Rheinmetall AG | RHM | 4.74% |
| Siemens Energy AG | ENR | 4.63% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 4.17% |
| Deutsche Bank Aktiengesellschaft | DBK | 3.66% |
| Infineon Technologies AG | IFX | 2.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.58719 | Jul 7, 2025 |
| 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 |
Performance
DAX had a total return of 29.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.51%.
News
DAX: A Low Cost Option To Add German Large-Cap Exposure
The Global X DAX Germany ETF is overweight in cyclical sectors such as industrials, financials, materials, and consumer discretionary. After several years of lackluster growth, German GDP should final...
Ingredients are there for international markets to keep outperforming U.S., says Oakmark's Coniaris
Tony Coniaris, Oakmark co-CIO of international equities, joins 'Squawk on the Street' to discuss the role international equities play in diversification, the performance gap between the U.S. and abroa...
ETF Edge: Emerging markets having their moment and the latest trends in energy funds
After more than a decade of lackluster performance, established international and emerging markets are growing in popularity. What's driving this, and what could derail this investor enthusiasm?
DAX: German Stocks Losing Momentum, But Support In Play
I maintain a buy rating on the DAX ETF, citing its attractive valuation and solid long-term uptrend, despite recent momentum loss. DAX offers efficient, diversified exposure to Germany's largest compa...
Dax Index News: Forecast Hinges on US-EU Trade Talks and ECB Policy Signals
Optimism over a US-EU trade deal and strong bank earnings lift the DAX, but ECB caution and trade risks keep the forecast mixed.
Germany's Economy Is Ready to Grow. The Market Loves It.
German Chancellor Friedrich Merz predicts GDP growth next year after three stagnant years. His approval rating is up, and so are the markets.
More investor interest in Europe and Germany in particular: Goldman Sachs
Goldman Sachs Bank Europe CEO Wolfgang Fink discusses the German economy and investor sentiment on the sidelines of the Goldman Sachs European Financials Conference in Berlin.
Is it time to pull out of high-flying German stocks?
German stocks have been on a tear in 2025, vastly outperforming both their European peers and U.S. counterparts. The DAX index, Germany's flagship benchmark, is up over 20% year-to-date, outshining th...
Tim Seymour on why Germany and Spain are his top international picks
Tim Seymour, Seymour Asset Management CIO, joins 'The Exchange' to discuss international plays for investors.
Trump says US and EU have agreed to postpone tariffs
Donald Trump says the US and the EU have agreed to postpone the imposition of tariffs until July, as they attempt to negotiate a trade deal.
Dax Index News: Mixed Forecast for DAX as Rate Cut Bets and Tariff Risks Collide
DAX opens lower as gold hits $3,499. Traders watch ECB rate cut bets and Fed forecast for clues on near-term DAX outlook amid tariff tensions.
European stocks close higher on Monday: FTSE, DAX surge over 2%
European stock markets closed sharply higher on Monday, rebounding after weeks of tariff-driven volatility, as investors responded to the latest temporary US exemption for certain tech products. The p...
Strategist makes the case for investing in Germany and China
The potential impact of tariffs on the US equity market (^GSPC, ^IXIC, ^DJI) could be more significant than expected. Alastair Pinder, HSBC head of emerging markets and global equity strategist, joins...
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.
Dax Index News: Forecast Shows DAX at Risk as Trump Tariffs Rattle Sentiment Today
DAX slumps 2.44% as Trump's sweeping EU tariffs rattle markets. Investors eye ECB policy and US data for direction.
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...
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...
The German DAX Has Hit An All-Time High In December And This Is Why
The German DAX Has Hit An All-Time High In December And This Is Why
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
Germany's Economic Health Check Shows Further Signs Of Weakness
The debate over whether Germany is emerging as the 'sick man of Europe' again has picked up steam once again over the summer. In our view, the answer is a resounding yes.
U.S. Weekly FundFlows Insight Report: Municipal Bond Fund ETFs Record Largest Weekly Inflow Of The Year
Investors were net purchasers of fund assets for the third straight week, adding a net $18.7 billion. Equity funds, money market funds, and taxable bond funds saw inflows, while alternatives funds, ta...
German Industrial Production Goes From Bad To Worse
German industrial production continues to decline, with a 0.8% drop in July and a 2.1% drop for the year. Energy-intensive sectors saw a decrease of 0.6% in July and are down over 11% for the year.
German Stagnation In The Second Quarter Confirmed
The second estimate of second-quarter GDP growth confirms the stagnation of Europe's largest economy and will do very little to end the 'sick man of Europe' debate. According to the just-released data...
The German Economy Is In A 'Slowcession' And Needs A New Reform Agenda
Another drop in Germany's most prominent leading indicator, the Ifo index, confirms that the economy is back on a downward trend before any upward trend had actually started. The optimism at the start...