Global X DAX Germany ETF (DAX)
| Assets | $253.76M |
| Expense Ratio | 0.20% |
| PE Ratio | 16.91 |
| Shares Out | 5.59M |
| Dividend (ttm) | $0.67 |
| Dividend Yield | 1.50% |
| Ex-Dividend Date | Dec 30, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 25.03% |
| Volume | 32,310 |
| Open | 44.71 |
| Previous Close | 45.24 |
| Day's Range | 44.37 - 44.99 |
| 52-Week Low | 40.35 |
| 52-Week High | 47.70 |
| 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
64.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Siemens Aktiengesellschaft | SIE | 11.39% |
| SAP SE | SAP | 9.00% |
| Allianz SE | ALV | 8.62% |
| Siemens Energy AG | ENR | 8.15% |
| Airbus SE | AIR | 6.30% |
| Deutsche Telekom AG | DTE | 5.68% |
| Infineon Technologies AG | IFX | 4.53% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 3.90% |
| Rheinmetall AG | RHM | 3.64% |
| Deutsche Bank Aktiengesellschaft | DBK | 3.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.08497 | Jan 7, 2026 |
| 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 |
Performance
DAX had a total return of 5.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
News
Germany's finance watchdog to make targeted inspections amid 'substantial' AI risks
Germany's banking regulator BaFin warned on Tuesday that cyber risks were "growing" and "substantial" due to advances in artificial intelligence, and announced a new division will conduct targeted i...
European shares fall as fading US-Iran peace hopes lift oil prices
European shares fell sharply on Tuesday as fading hopes of a peace deal between the United States and Iran pushed oil prices higher and weighed on investor sentiment across the region. Markets remaine...
German property prices rise 2.2% in first quarter, continuing recovery
German property prices rose 2.2% in the first quarter, the VDP banking association said on Monday, but it warned that it remains to be seen how turmoil in the Middle East will weigh on the secto...
German banks have capital but find few good borrowers, Bundesbank says
German banks have vast excess capital but do not lend it to companies and households because there is little demand from good borrowers and the outlook is uncertain due to the Iran war, the Bundesba...
German Factory Orders Jumped in First Month of Iran Conflict
Orders rose sharply in March, a signal of potential front-running to manage rising energy prices and supply disruptions that arose after the start of the war in Iran.
A mammoth economic stimulus passed last year in Germany was meant to jolt the country—and Europe—out of its economic slumber. The problem: Germans just aren't good at spending money.
While much of the rest of the developed world is swimming in too much debt, Germany is having trouble using just a tiny bit more.
ECB, BoE hold rates steady in face of inflation threat
Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq ...
German cabinet approves health insurance reform to curb costs
Germany's cabinet approved a draft bill to reform the statutory health insurance system on Wednesday, aiming to save 16.3 billion euros ($19.08 billion) next year amid mounting costs.
European markets to open higher as Trump weighs Iran proposal
European stocks are expected to open higher on Tuesday as investors track geopolitical developments and prepare for a busy earnings and central bank calendar. European markets point to modest gains Ac...
DAX, CAC and FTSE Forecasts – European Area Indices Hesitate but Show Signs of Dip Buying
The Euro area indices continue to move on rates, but it is move nothing that there was a real turnaround in two of the three in this article later in the day.
Europe stocks rebound to stall as U.S-Iran ceasefire comes under strain
Shares in Europe are poised to open in mixed territory on Thursday, as the fragile truce agreed between the U.S. and Iran already shows signs of strain.
Europe stocks set for strong rebound as Trump says Iran war will end in weeks
Europe stocks set for strong rebound as Trump says Iran war will end in weeks
European stocks poised to lose ground as Iran war remains in focus
Shares listed in Europe look set to move lower on Tuesday, as investors continue to monitor developments in the Middle East.
German retail sales inch up in December
German retail sales rose slightly less than expected in December, increasing by 0.1% compared with the previous month, data showed on Monday.
German Consumer Sentiment Picks Up as Outlook Brightens
The improvement was driven by a jump in economic and income expectations, as well as a higher willingness to buy among consumers, according to the survey.
Germany Is Spending Big. 6 Stocks to Watch.
Some stocks that are likely to get a stimulus boost include Commerzbank, Volkswagen, and Siemens Energy.
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 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.
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.
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.
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.
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.
Germany's Stocks Are Looking Cheap
Not everything is so bad. The largest public Germany companies are more dependent on the global economy.
German stocks near fresh record on growth and energy cost optimism
Germany's blue-chip index is a eyeing a fresh record as investors warm to its tech-lite mix of relatively lowly-valued but high quality industrials, carmakers, insurance and healthcare companies.