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CG1.L vs. DAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

CG1.L vs. DAX

Last updated Apr 2, 2026

Compare and contrast key facts about Amundi ETF DAX UCITS ETF DR (CG1.L) and Global X DAX Germany ETF (DAX).

CG1.L and DAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CG1.L is a passively managed fund by Amundi that tracks the performance of the FSE DAX TR EUR. It was launched on Sep 16, 2008. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014. Both CG1.L and DAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CG1.L vs. DAX - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Amundi ETF DAX UCITS ETF DR (CG1.L) and Global X DAX Germany ETF (DAX). The values are adjusted to include any dividend payments, if applicable.

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CG1.L vs. DAX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CG1.L
Amundi ETF DAX UCITS ETF DR		-5.19%28.47%13.17%17.07%-7.61%7.99%9.33%16.56%-16.89%16.60%
DAX
Global X DAX Germany ETF		-4.70%29.09%12.48%17.44%-8.78%8.75%8.98%17.46%-18.35%17.14%
Different Trading Currencies

CG1.L is traded in GBp, while DAX is traded in USD. To make them comparable, the DAX values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, CG1.L achieves a -5.19% return, which is significantly lower than DAX's -4.70% return. Both investments have delivered pretty close results over the past 10 years, with CG1.L having a 9.41% annualized return and DAX not far behind at 9.26%.

CG1.L

1D
2.66%
1M
-5.96%
YTD
-5.19%
6M
-3.41%
1Y
7.11%
3Y*
13.28%
5Y*
9.02%
10Y*
9.41%

DAX

1D
1.21%
1M
-5.29%
YTD
-4.70%
6M
-3.71%
1Y
7.41%
3Y*
13.07%
5Y*
8.82%
10Y*
9.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Amundi ETF DAX UCITS ETF DR

Global X DAX Germany ETF

Often compared with CG1.L:
CG1.L vs. IAUCG1.L vs. VTCG1.L vs. EXXT.DECG1.L vs. H4ZJ.DECG1.L vs. BNKE.LCG1.L vs. 500G.LCG1.L vs. 100D.L
Often compared with DAX:
DAX vs. SPYDAX vs. ^NIFTY500DAX vs. BMW.DEDAX vs. CACDAX vs. ^FCHIDAX vs. VOODAX vs. QQQ

CG1.L vs. DAX - Expense Ratio Comparison

CG1.L has a 0.10% expense ratio, which is lower than DAX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

DAX
Global X DAX Germany ETF
CG1.L
Amundi ETF DAX UCITS ETF DR

Return for Risk

CG1.L vs. DAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CG1.L
CG1.L Risk / Return Rank: 2323
Overall Rank
CG1.L Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
CG1.L Sortino Ratio Rank: 2222
Sortino Ratio Rank
CG1.L Omega Ratio Rank: 2222
Omega Ratio Rank
CG1.L Calmar Ratio Rank: 2424
Calmar Ratio Rank
CG1.L Martin Ratio Rank: 2626
Martin Ratio Rank
DAX
DAX Risk / Return Rank: 2828
Overall Rank
DAX Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
DAX Sortino Ratio Rank: 2727
Sortino Ratio Rank
DAX Omega Ratio Rank: 2626
Omega Ratio Rank
DAX Calmar Ratio Rank: 3030
Calmar Ratio Rank
DAX Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CG1.L vs. DAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi ETF DAX UCITS ETF DR (CG1.L) and Global X DAX Germany ETF (DAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

CG1.LDAXDifference

Sharpe ratio

Return per unit of total volatility

0.43

0.41

+0.02

Sortino ratio

Return per unit of downside risk

0.68

0.72

-0.04

Omega ratio

Gain probability vs. loss probability

1.09

1.09

0.00

Calmar ratio

Return relative to maximum drawdown

0.59

0.61

-0.02

Martin ratio

Return relative to average drawdown

2.20

2.25

-0.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CG1.L vs. DAX - Sharpe Ratio Comparison

The current CG1.L Sharpe Ratio is 0.43, which is comparable to the DAX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of CG1.L and DAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

CG1.LDAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.43

0.41

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.52

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.52

0.49

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.46

-0.04

Correlation

The correlation between CG1.L and DAX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CG1.L vs. DAX - Dividend Comparison

CG1.L has not paid dividends to shareholders, while DAX's dividend yield for the trailing twelve months is around 1.57%.

TTM20252024202320222021202020192018201720162015
CG1.L
Amundi ETF DAX UCITS ETF DR		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DAX
Global X DAX Germany ETF		1.57%1.47%2.24%2.48%2.80%2.65%2.25%2.47%3.33%1.73%1.78%1.41%

Drawdowns

CG1.L vs. DAX - Drawdown Comparison

The maximum CG1.L drawdown since its inception was -34.44%, roughly equal to the maximum DAX drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for CG1.L and DAX.

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Drawdown Indicators

CG1.LDAXDifference

Max Drawdown

Largest peak-to-trough decline

-34.44%

-45.58%

+11.14%

Max Drawdown (1Y)

Largest decline over 1 year

-12.92%

-14.82%

+1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-23.46%

-39.96%

+16.50%

Max Drawdown (10Y)

Largest decline over 10 years

-34.44%

-45.58%

+11.14%

Current Drawdown

Current decline from peak

-8.76%

-10.00%

+1.24%

Average Drawdown

Average peak-to-trough decline

-7.11%

-10.58%

+3.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.50%

4.23%

-0.73%

Volatility

CG1.L vs. DAX - Volatility Comparison

The current volatility for Amundi ETF DAX UCITS ETF DR (CG1.L) is 6.91%, while Global X DAX Germany ETF (DAX) has a volatility of 7.34%. This indicates that CG1.L experiences smaller price fluctuations and is considered to be less risky than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CG1.LDAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.91%

7.34%

-0.43%

Volatility (6M)

Calculated over the trailing 6-month period

11.44%

11.51%

-0.07%

Volatility (1Y)

Calculated over the trailing 1-year period

16.64%

18.33%

-1.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.90%

16.96%

-0.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.95%

19.07%

-1.12%