Global X DAX Germany ETF (DAX)
| Assets | $211.23M |
| Expense Ratio | 0.20% |
| PE Ratio | 18.09 |
| Forward PE | 15.14 |
| Shares Out | 4.82M |
| Dividend | $0.94 (2.13%) |
| Ex-Dividend Date | Jun 29, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 36.38% |
| Volume | 17,037 |
| Open | 43.75 |
| Previous Close | 43.63 |
| Day's Range | 43.72 - 44.24 |
| 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
65.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Siemens Aktiengesellschaft | SIE | 11.59% |
| SAP SE | SAP | 11.41% |
| Allianz SE | ALV | 9.27% |
| Siemens Energy AG | ENR | 7.09% |
| Airbus SE | AIR | 6.31% |
| Deutsche Telekom AG | DTE | 5.00% |
| Infineon Technologies AG | IFX | 4.21% |
| Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | MUV2 | 3.87% |
| Deutsche Bank Aktiengesellschaft | DBK | 3.28% |
| Deutsche Börse AG | DB1 | 3.20% |
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 0.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.21%.
News
German Factory Orders Tumbled in August
Manufacturing orders in the eurozone's largest economy fell 10.6% on month, as the conflict in the Middle East kept energy costs elevated.
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.