Global X DAX Germany ETF (DAX)

NASDAQ: DAX · IEX Real-Time Price · USD
32.16
+0.08 (0.25%)
At close: Mar 1, 2024, 1:19 PM
32.22
+0.06 (0.19%)
After-hours: Mar 1, 2024, 4:15 PM EST
0.25%
Assets $55.05M
Expense Ratio 0.21%
PE Ratio 14.98
Shares Out 1.67M
Dividend (ttm) $0.76
Dividend Yield 2.38%
Ex-Dividend Date Dec 28, 2023
Payout Ratio 35.58%
1-Year Return +14.21%
Volume 4,993
Open 32.02
Previous Close 32.08
Day's Range 32.00 - 32.20
52-Week Low 25.90
52-Week High 32.22
Beta 0.89
Holdings 43
Inception Date Oct 22, 2014

About DAX

Fund Home Page

The 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.

Asset Class Equity
Category Miscellaneous Region
Region Europe
Stock Exchange NASDAQ
Ticker Symbol DAX
ETF Provider Global X
Index Tracked DAX Index

Top 10 Holdings

61.17% of assets
Name Symbol Weight
SAP SE SAP.DE 10.97%
Siemens AG SIE.DE 10.76%
Allianz SE ALV.DE 7.77%
Airbus SE AIR.PA 7.00%
Deutsche Telekom AG DTE.DE 5.93%
Munchener Ruckversicherungs-Gesellschaft AG MUV2.DE 4.53%
Mercedes-Benz Group AG MBG.DE 4.44%
Infineon Technologies AG IFX.DE 3.37%
Basf SE BAS.DE 3.28%
DHL Group DHL.DE 3.11%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
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
Dec 30, 2021 $0.33312 Jan 7, 2022
Jun 29, 2021 $0.52261 Jul 8, 2021
Full Dividend History

News

Germany's Stocks Are Looking Cheap

Not everything is so bad. The largest public Germany companies are more dependent on the global economy.

10 days ago - Barrons

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.

Other symbols: VGK
10 months ago - Market Watch

3 Low-Fee Single Nation ETFs to Diversify Outside U.S.

Investors will understand by now the value of looking outside the U.S. for equities exposure. Yes, U.S. stock indexes are mostly up so far in 2023, but they're largely overvalued and beset by several ...

Other symbols: FLMXFLTW
1 year ago - ETF Trends

Germany ETFs Are Under Pressure as Economy Faces a Recession

In face of an ongoing energy crisis with the winter heating months just around the corner, the German economy is heading toward a contraction, dragging down country-related exchange traded funds. Year...

Other symbols: EWGFGM
1 year ago - ETF Trends

Europe, Germany ETFs Rally on Easing Energy Fears

European markets rallied on Tuesday to a more than five-week high, with Germany country-specific exchange traded funds leading the charge, as Russia restarted gas flows to Europe through the Nord Stre...

Other symbols: EWGEZUFGMVGK
1 year ago - ETF Trends

An ETF to Consider as Germany Avoids Recession in Q1

Getting localized exposure to broad-based European-focused exchange-traded funds (ETFs) typically means watching exposure to Germany. The country managed to sidestep a recession in Q1, giving investor...

1 year ago - ETF Trends

Thematic Investing Too Expensive? Not With These Three ETFs

The thought of investing in thematic exchange traded funds (ETFs) doesn't have to be associated with higher prices if investors know where to look, such as at these three Global X funds. Getting inter...

Other symbols: PFFDQDIV
2 years ago - ETF Trends

Germany's Inflation Might Be Higher, But This ETF's Expense Ratio Is Still Low

The rate of inflation might be heading higher in Germany, but getting single country ETF exposure to the European Union's largest economy doesn't have to be an expensive affair. At a 0.20% expense rat...

2 years ago - ETF Trends

Will the Fall Election in Germany Be a Market-Mover?

Elections can turn the tide of single-country equities, and Germany's could do just that, which makes the Global X DAX Germany ETF (DAX) one to watch. According to a recent Reuters article, German ele...

3 years ago - ETF Trends

ETF Odds & Ends: iShares Expense Ratio Changes

The week also saw a range of share splits, closures and launches.

3 years ago - ETFcom

Snag Low-Cost Exposure to Europe's Top Economy with ‘DAX'

Most economies went sideways in 2020, but some managed to fall right side up. Germany, for example, saw its economy shrink by less than expected, which is good news for the Global X DAX Germany ETF (D...

3 years ago - ETF Trends

Germany's DAX ETF notches worst day in about 3 weeks

A popular way to bet on Germany's stock market rang up the worst one-day drop since early June, as eurozone survey data showed manufacturers were at their most downbeat this month since September 2013...

5 years ago - Market Watch

German auto sector could drop as much as 12% if Trump announces tariffs, analyst says

Germany's automotive sector could fall as much as 12% over "three bad trading days," if President Donald Trump imposes tariffs on European car manufacturers, one analyst told CNBC.

Other symbols: VWAGY
5 years ago - CNBC

Economic and earning fundamentals remain uncertain, says expert

Paul Christopher, Wells Fargo Investment Institute head of global market strategy, and CNBC's Seema Mody join 'The Exchange' to discuss the mixed signals they're seeing from the global markets.

5 years ago - CNBC Television