Global X DAX Germany ETF (DAX)
| Assets | $229.03M |
| Expense Ratio | 0.20% |
| PE Ratio | 18.61 |
| Shares Out | 4.82M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 1.97% |
| Ex-Dividend Date | Jun 29, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 36.78% |
| Volume | 10,809 |
| Open | 47.90 |
| Previous Close | 47.60 |
| Day's Range | 47.58 - 47.92 |
| 52-Week Low | 40.35 |
| 52-Week High | 47.92 |
| Beta | 0.95 |
| 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
64.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Siemens Aktiengesellschaft | SIE | 11.65% |
| SAP SE | SAP | 10.60% |
| Allianz SE | ALV | 9.44% |
| Siemens Energy AG | ENR | 6.67% |
| Airbus SE | AIR | 6.55% |
| Deutsche Telekom AG | DTE | 5.41% |
| Infineon Technologies AG | IFX | 4.08% |
| Deutsche Bank Aktiengesellschaft | DBK | 3.65% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 3.60% |
| Deutsche Börse AG | DB1 | 2.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.85668 | Jul 7, 2026 |
| 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 |
Performance
DAX had a total return of 9.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.98%.
News
DAX 40 Wedge Breakout Holds on Retest, Can the DAX Push Back to Record Highs?
At the time of writing, the DAX 40 is trading around 26,364 EUR, with the daily timeframe revealing a clear technical pattern.
German Factory Orders Unexpectedly Jumped in June
While input costs have risen sharply, demand is proving resilient as businesses stockpile essential parts and equipment to avoid further disruption from tensions in the Middle East.
German Business Sentiment Improves, Shrugging Off Middle East Uncertainties
Confidence among firms picked up a little this month, though the roller-coaster ride of oil prices in recent weeks suggested the recovery could be fragile.
German government plans €13.3 billion energy relief package for 2027
The German government plans an energy cost relief package for businesses and consumers worth €13.3 billion ($15.2 billion) in 2027, to be drawn from the Climate and Transformation Fund (KTF), the fin...
German Exports Rise, Shrugging off Iran War Concerns
The 0.9% increase was driven by U.S. trade, as manufacturers proved relatively resilient to uncertainty prompted by the Iran war.
Germany's Merz unveils pension, tax and labour reforms
German Chancellor Friedrich Merz outlined a package of pension, tax and labour reforms on Thursday, along with measures to cut red tape that he said would boost growth, jobs and competitiveness while ...
German Consumer Sentiment Stabilizes at Subdued Level
Income expectations picked up, but only slightly, and consumers remained less optimistic about their future financial than before the Middle East conflict.
German industry employment falls to ten-year low, study shows
The number of people employed in German industry in 2025 fell to a 10-year low of just 6.6 million workers, a study by the German Economic Institute (IW) showed on Thursday.
German Investor Confidence Jumps on Hopes of End to Middle East Conflict
Investor confidence improved unexpectedly sharply on hopes the conflict in the Middle East would end soon and energy prices would drop.
Germany faces €1 billion extra cost as EU allows wider industry power relief
Germany may face around €1 billion euros in additional budget costs after the European Commission allowed stronger electricity price relief for industry than previously expected, Economy Minister Ka...
German advisory panel urges future-focused spending from infrastructure fund
An independent advisory panel urged the German government on Tuesday to channel more money from its €500 billion ($578.30 billion) infrastructure fund into future-focused areas, including research a...
German, French leaders unable to resolve FCAS fighter jet dispute, sources say
German Chancellor Friedrich Merz and French President Emmanuel Macron have concluded that the companies involved in building a joint fighter jet are unable to reach an agreement, two German gove...
German Factory Orders Fell Back in April
German manufacturing orders dropped in April, reversing some of the gains in March that came on the back of stock building after the outbreak of the war in Iran.
FTSE 100 rises as mining stocks rally on stronger metal prices
The UK's blue-chip index advanced on Tuesday, supported by gains in mining-related shares as base metal prices strengthened, while energy stocks came under pressure following a decline in crude oil. B...
German retail sales fall less than expected in April
German retail sales fell less than expected in April, decreasing by 0.3% compared with the previous month, data showed on Monday.
DAX, CAC and MIB Forecasts – European Indices Looking Ready to Fight Back
As the week starts, it looks like European traders are willing to fight back against selling pressures.
DAX Weekly Price Analysis – DAX Has a Tough Week as Rates Show Fear
The DAX in Germany spent most of the week selling, as the interest rates around the world continue to show concerns out there as the situation in the Middle East continues to be a major factor.
Jupiter increases European government bond exposure as ECB hike pricing "overdone"
Asset manager Jupiter has been buying European government bonds, particularly shorter-dated German debt, and reducing exposure to U.S. Treasuries because they think the market is pricing in too many...
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.