Global X DAX Germany ETF (DAX)
DAX is a passive ETF by Global X tracking the investment results of the DAX Index. DAX launched on Oct 22, 2014 and has a 0.20% expense ratio.
ETF Info
US37954Y4917
37954Y491
Oct 22, 2014
Developed Europe (Germany)
1x
DAX Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X DAX Germany ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X DAX Germany ETF had a return of 8.20% year-to-date (YTD) and 15.00% in the last 12 months. Over the past 10 years, Global X DAX Germany ETF had an annualized return of 4.57%, while the S&P 500 had an annualized return of 11.13%, indicating that Global X DAX Germany ETF did not perform as well as the benchmark.
DAX
8.20%
-4.55%
-0.67%
15.00%
6.05%
4.57%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of DAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.78% | 5.87% | 4.12% | -4.74% | 5.15% | -3.12% | 2.53% | 4.21% | 3.48% | -3.90% | 8.20% | ||
| 2023 | 11.52% | -1.68% | 4.56% | 3.20% | -4.95% | 5.12% | 2.70% | -4.70% | -6.21% | -3.16% | 12.77% | 4.32% | 23.62% |
| 2022 | -3.11% | -8.44% | -2.00% | -6.65% | 4.61% | -13.31% | 3.32% | -6.55% | -9.06% | 11.38% | 15.46% | -1.90% | -18.47% |
| 2021 | -2.35% | 2.35% | 5.75% | 3.10% | 3.85% | -2.19% | -0.40% | 1.30% | -5.57% | 2.78% | -5.84% | 5.55% | 7.73% |
| 2020 | -3.57% | -7.93% | -17.45% | 10.37% | 8.34% | 7.14% | 3.93% | 7.97% | -3.90% | -9.45% | 16.56% | 5.07% | 12.28% |
| 2019 | 6.27% | -0.40% | 1.56% | 6.84% | 0.24% | 0.01% | -4.64% | -0.20% | 1.55% | 6.79% | 1.28% | 1.46% | 22.11% |
| 2018 | 5.00% | -7.87% | -1.05% | 1.46% | -3.16% | -2.22% | 4.21% | -4.91% | 0.14% | -9.44% | -1.01% | -5.78% | -22.92% |
| 2017 | 3.43% | 0.50% | 4.75% | 2.74% | 4.42% | -0.39% | 1.19% | 0.46% | 5.43% | 2.52% | -0.24% | 0.54% | 28.23% |
| 2016 | -8.24% | -3.07% | 9.76% | 1.57% | -1.51% | -5.24% | 6.56% | 2.29% | 0.08% | -1.16% | -3.76% | 6.91% | 2.68% |
| 2015 | 1.29% | 5.74% | 0.71% | -1.13% | -1.83% | -2.37% | 1.02% | -7.01% | -6.46% | 10.20% | 1.05% | -3.63% | -3.63% |
| 2014 | 1.98% | 6.14% | -4.27% | 3.62% |
Expense Ratio
DAX has an expense ratio of 0.20%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DAX is 36, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X DAX Germany ETF provided a 2.35% dividend yield over the last twelve months, with an annual payout of $0.77 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.77 | $0.76 | $0.72 | $0.86 | $0.69 | $0.69 | $0.79 | $0.55 | $0.45 | $0.35 |
Dividend yield | 2.35% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X DAX Germany ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.76 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.72 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.86 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.69 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.79 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.45 |
| 2015 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X DAX Germany ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X DAX Germany ETF was 45.58%, occurring on Mar 18, 2020. Recovery took 197 trading sessions.
The current Global X DAX Germany ETF drawdown is 6.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.58% | Jan 25, 2018 | 533 | Mar 18, 2020 | 197 | Dec 28, 2020 | 730 |
| -39.96% | Jun 8, 2021 | 330 | Sep 27, 2022 | 362 | Mar 7, 2024 | 692 |
| -24.77% | Apr 7, 2015 | 215 | Feb 11, 2016 | 291 | Apr 24, 2017 | 506 |
| -9.1% | Dec 2, 2014 | 21 | Jan 5, 2015 | 16 | Feb 3, 2015 | 37 |
| -8.09% | May 16, 2024 | 55 | Aug 5, 2024 | 14 | Aug 23, 2024 | 69 |
Volatility
Volatility Chart
The current Global X DAX Germany ETF volatility is 4.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.