PortfoliosLab logo

Global X DAX Germany ETF (DAX)

ETF · Currency in USD · Last updated Nov 29, 2022

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

ISINUS37954Y4917
CUSIP37954Y491
IssuerGlobal X
Inception DateOct 22, 2014
RegionDeveloped Europe (Germany)
CategoryEurope Equities
Expense Ratio0.20%
Index TrackedDAX Index
ETF Home Pagewww.globalxetfs.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$25.70
Year Range$20.13 - $32.01
EMA (50)$23.69
EMA (200)$25.26
Average Volume$30.49K

DAXShare Price Chart


Loading data...

DAXPerformance

The chart shows the growth of $10,000 invested in Global X DAX Germany ETF in Oct 2014 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,197 for a total return of roughly 21.97%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovember
-3.55%
-3.35%
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

DAXCompare to other instruments

Search for stocks, ETFs, and funds to compare with DAX

DAXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M11.36%1.61%
6M-4.74%-4.67%
YTD-18.51%-16.83%
1Y-14.62%-13.73%
5Y-1.50%8.33%
10Y2.52%9.12%

DAXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.11%-8.44%-2.00%-6.65%4.61%-13.31%3.32%-6.55%-9.06%11.38%13.22%
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%
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%
20196.27%-0.40%1.56%6.84%0.24%0.01%-4.64%-0.20%1.55%6.79%1.28%1.46%
20185.00%-7.87%-1.05%1.46%-3.16%-2.22%4.21%-4.91%0.14%-9.44%-1.01%-5.78%
20173.43%0.50%4.75%2.74%4.42%-0.39%1.19%0.46%5.43%2.52%-0.24%0.54%
2016-8.24%-3.07%9.76%1.57%-1.50%-5.24%6.56%2.29%0.08%-1.16%-3.76%6.91%
20151.29%5.74%0.71%-1.13%-1.83%-2.37%1.02%-7.01%-6.46%10.20%1.05%-3.63%
20141.98%6.14%-4.27%

DAXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Global X DAX Germany ETF Sharpe ratio is -0.50. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.40-1.20-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovember
-0.50
-0.57
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

DAXDividend History

Global X DAX Germany ETF granted a 3.65% dividend yield in the last twelve months. The annual payout for that period amounted to $0.94 per share.


PeriodTTM20212020201920182017201620152014
Dividend$0.94$0.86$0.69$0.69$0.79$0.55$0.45$0.35$0.00

Dividend yield

3.65%2.71%2.37%2.66%3.69%1.97%2.07%1.67%0.00%

DAXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%December2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-23.34%
-17.36%
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)

DAXWorst Drawdowns

The table below shows the maximum drawdowns of the Global X DAX Germany ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X DAX Germany ETF is 45.58%, recorded on Mar 18, 2020. It took 197 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.58%Jan 25, 2018533Mar 18, 2020197Dec 28, 2020730
-39.96%Jun 8, 2021330Sep 27, 2022
-24.77%Apr 7, 2015215Feb 11, 2016291Apr 24, 2017506
-9.1%Dec 2, 201421Jan 5, 201516Feb 3, 201537
-5.67%Jan 11, 202114Jan 29, 202127Mar 10, 202141
-4.04%Feb 4, 20154Feb 9, 20158Feb 20, 201512
-3.67%Apr 19, 202112May 4, 20213May 7, 202115
-3.63%Mar 3, 20156Mar 10, 20154Mar 16, 201510
-3.07%Nov 4, 20146Nov 12, 20141Nov 18, 20147
-3.01%Nov 3, 20179Nov 15, 201733Jan 4, 201842

DAXVolatility Chart

Current Global X DAX Germany ETF volatility is 15.89%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%JulyAugustSeptemberOctoberNovember
15.89%
14.31%
DAX (Global X DAX Germany ETF)
Benchmark (^GSPC)