- Issuer
- Global X
- Inception Date
- Jul 19, 2016
- Region
- Europe (Eurozone)
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- EURO STOXX 50 Index
- Domicile
- Australia
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
ESTX.AX Performance Chart
Global X EURO STOXX 50 ETF (ESTX.AX) is up 3.2% since the beginning of the year. ESTX.AX is currently trading at A$108 per share. Investors who bought A$1,000 worth of ESTX.AX shares 5 years ago would now be looking at an investment worth A$1,773.
Loading charts...
Returns By Period
Global X EURO STOXX 50 ETF (ESTX.AX) has returned 3.22% so far this year and 8.95% over the past 12 months.
Global X EURO STOXX 50 ETF
- 1D
- 0.34%
- 1M
- 0.52%
- 6M
- -0.32%
- YTD
- 3.22%
- 1Y
- 8.95%
- 3Y*
- 14.83%
- 5Y*
- 12.14%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
ESTX.AX Monthly Returns History
Based on dividend-adjusted daily data since Jul 19, 2016, ESTX.AX's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +16.5%, while the worst month was Mar 2020 at -12.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ESTX.AX closed higher 52% of trading days. The best single day was Apr 26, 2017 with a return of +7.7%, while the worst single day was Mar 12, 2020 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.34% | 1.29% | -9.18% | 1.91% | 5.60% | 5.51% | -0.83% | 3.22% | |||||
| 2025 | 8.44% | 2.61% | 1.11% | 0.88% | 4.40% | 1.17% | -0.01% | 0.33% | 2.12% | 2.55% | -0.21% | 1.23% | 27.21% |
| 2024 | 4.87% | 6.04% | 4.53% | -3.44% | 1.20% | -2.61% | 2.65% | -1.03% | 1.23% | -1.37% | -4.02% | 5.35% | 13.48% |
| 2023 | 5.56% | 4.87% | 4.36% | 4.95% | -2.35% | 1.62% | 2.84% | -1.05% | -6.23% | -1.27% | 7.51% | 1.20% | 23.32% |
| 2022 | -0.21% | -10.67% | -0.56% | -4.30% | 3.06% | -7.48% | 1.17% | -2.62% | -5.05% | 13.81% | 8.58% | -1.03% | -7.46% |
| 2021 | -1.97% | 0.94% | 6.82% | 3.41% | 3.91% | 1.44% | 0.83% | 3.61% | -2.50% | -1.35% | 0.16% | 2.61% | 18.99% |
Benchmark Metrics
Global X EURO STOXX 50 ETF has an annualized alpha of 11.06%, beta of 0.13, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since July 19, 2016.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.49%) than losses (74.12%) - typical of diversified or defensive assets.
- Beta of 0.13 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 11.06%
- Beta
- 0.13
- R²
- 0.02
- Upside Capture
- 74.49%
- Downside Capture
- 74.12%
Expense Ratio
ESTX.AX has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ESTX.AX ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X EURO STOXX 50 ETF (ESTX.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ESTX.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.24 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.11 | -0.41 |
| Martin ratioReturn relative to average drawdown | 2.05 | 3.10 | -1.05 |
Dividends
Dividend History
Global X EURO STOXX 50 ETF provided a 7.25% dividend yield over the last twelve months, with an annual payout of A$7.81 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$7.81 | A$1.99 | A$3.74 | A$3.01 | A$2.69 | A$1.24 | A$1.43 | A$1.94 | A$2.35 | A$0.73 | A$0.08 |
Dividend yield | 7.25% | 1.79% | 4.19% | 3.67% | 3.90% | 1.60% | 2.15% | 2.79% | 4.16% | 1.15% | 0.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X EURO STOXX 50 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$7.47 | A$7.47 | |||||
| 2025 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.65 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.34 | A$1.99 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$3.53 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.21 | A$3.74 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$2.78 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.23 | A$3.01 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$2.15 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.54 | A$2.69 |
| 2021 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.86 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.38 | A$1.24 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X EURO STOXX 50 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 EURO STOXX 50 ETF was 29.33%, occurring on Mar 19, 2020. Recovery took 264 trading sessions.
The current Global X EURO STOXX 50 ETF drawdown is 2.65%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-29.33%Mar 2020 | 27d | 1y 18d | 1y 1moFeb 2020 - Apr 2021 | COVID crash2020 |
-26.60%Sep 2022 | 10mo 10d | 5mo 6d | 1y 3moNov 2021 - Mar 2023 | Bear market2022 |
-14.70%Dec 2018 | 7mo 4d | 4mo 21d | 11mo 25dMay 2018 - May 2019 | Rate-hike selloffLate 2018 |
-14.48%Mar 2026 | 2mo 5d | 3mo 10d | 5mo 15dJan 2026 - Jun 2026 | — |
-10.07%Apr 2025 | 19d | 1mo 6d | 1mo 25dMar 2025 - May 2025 | 2025 selloff2025 |
Drawdown Indicators
| ESTX.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.33% | -41.07% | +11.74% |
Max Drawdown (1Y)Largest decline over 1 year | -14.48% | -11.69% | -2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.48% | -17.74% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -26.60% | -22.01% | -4.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.71% | — |
Current DrawdownCurrent decline from peak | -2.65% | -0.60% | -2.05% |
Average DrawdownAverage peak-to-trough decline | -5.29% | -11.02% | +5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.06% | 4.20% | +0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with ESTX.AX
Add Global X EURO STOXX 50 ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with ESTX.AX