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Global X DAX Germany ETF (DAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US37954Y4917

CUSIP

37954Y491

Issuer

Global X

Inception Date

Oct 22, 2014

Region

Developed Europe (Germany)

Leveraged

1x

Index Tracked

DAX Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

DAX has an expense ratio of 0.20%, which is considered low compared to other funds.


Expense ratio chart for DAX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
DAX vs. SPY DAX vs. ^FCHI DAX vs. BMW.DE DAX vs. VOO DAX vs. VUAA.L DAX vs. XAU.TO DAX vs. TISEX DAX vs. NOBL DAX vs. QQQ DAX vs. SCHD
Popular comparisons:
DAX vs. SPY DAX vs. ^FCHI DAX vs. BMW.DE DAX vs. VOO DAX vs. VUAA.L DAX vs. XAU.TO DAX vs. TISEX DAX vs. NOBL DAX vs. QQQ DAX vs. SCHD

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.


50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
74.64%
212.19%
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

Returns By Period

Global X DAX Germany ETF had a return of 15.77% year-to-date (YTD) and 18.33% in the last 12 months. Over the past 10 years, Global X DAX Germany ETF had an annualized return of 5.21%, while the S&P 500 had an annualized return of 11.62%, indicating that Global X DAX Germany ETF did not perform as well as the benchmark.


DAX

YTD

15.77%

1M

4.36%

6M

7.35%

1Y

18.33%

5Y (annualized)

7.60%

10Y (annualized)

5.21%

^GSPC (Benchmark)

YTD

27.68%

1M

1.58%

6M

13.90%

1Y

32.27%

5Y (annualized)

14.27%

10Y (annualized)

11.62%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.78%5.87%4.12%-4.74%5.15%-3.12%2.53%4.21%3.48%-3.90%0.33%15.77%
202311.52%-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%
20196.27%-0.40%1.56%6.84%0.24%0.01%-4.64%-0.20%1.55%6.79%1.28%1.46%22.11%
20185.00%-7.87%-1.05%1.46%-3.16%-2.22%4.21%-4.91%0.14%-9.44%-1.01%-5.78%-22.92%
20173.43%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%
20151.29%5.74%0.71%-1.13%-1.83%-2.37%1.02%-7.01%-6.46%10.20%1.05%-3.63%-3.63%
20141.98%6.14%-4.27%3.62%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DAX is 47, 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.


The Risk-Adjusted Performance Rank of DAX is 4747
Overall Rank
The Sharpe Ratio Rank of DAX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of DAX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of DAX is 4141
Omega Ratio Rank
The Calmar Ratio Rank of DAX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of DAX is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for DAX, currently valued at 1.34, compared to the broader market0.002.004.001.342.77
The chart of Sortino ratio for DAX, currently valued at 1.88, compared to the broader market-2.000.002.004.006.008.0010.0012.001.883.66
The chart of Omega ratio for DAX, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.51
The chart of Calmar ratio for DAX, currently valued at 2.38, compared to the broader market0.005.0010.0015.002.383.99
The chart of Martin ratio for DAX, currently valued at 6.16, compared to the broader market0.0020.0040.0060.0080.00100.006.1617.73
DAX
^GSPC

The current Global X DAX Germany ETF Sharpe ratio is 1.34. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Global X DAX Germany ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.34
2.77
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Global X DAX Germany ETF provided a 2.20% dividend yield over the last twelve months, with an annual payout of $0.77 per share.


1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018201720162015
Dividend$0.77$0.76$0.72$0.86$0.69$0.69$0.79$0.55$0.45$0.35

Dividend yield

2.20%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.66$0.00$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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.38%
0
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

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 0.38%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.58%Jan 25, 2018533Mar 18, 2020197Dec 28, 2020730
-39.96%Jun 8, 2021330Sep 27, 2022362Mar 7, 2024692
-24.77%Apr 7, 2015215Feb 11, 2016291Apr 24, 2017506
-9.1%Dec 2, 201421Jan 5, 201516Feb 3, 201537
-8.09%May 16, 202455Aug 5, 202414Aug 23, 202469

Volatility

Volatility Chart

The current Global X DAX Germany ETF volatility is 5.11%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.11%
2.22%
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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