COLO vs. DAX
Compare and contrast key facts about Global X MSCI Colombia ETF (COLO) and Global X DAX Germany ETF (DAX).
COLO and DAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COLO is a passively managed fund by Global X that tracks the performance of the MSCI All Colombia Select 25/50 Index. It was launched on Feb 5, 2009. 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 COLO 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
COLO vs. DAX - Performance Comparison
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COLO vs. DAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COLO Global X MSCI Colombia ETF | 11.42% | 68.88% | 4.68% | 24.92% | -21.32% | -11.50% | -14.60% | 30.42% | -19.88% | 11.88% |
DAX Global X DAX Germany ETF | -6.25% | 39.00% | 10.55% | 23.62% | -18.47% | 7.73% | 12.27% | 22.11% | -22.92% | 28.23% |
Returns By Period
In the year-to-date period, COLO achieves a 11.42% return, which is significantly higher than DAX's -6.25% return. Over the past 10 years, COLO has underperformed DAX with an annualized return of 5.56%, while DAX has yielded a comparatively higher 8.48% annualized return.
COLO
- 1D
- 0.38%
- 1M
- 6.29%
- YTD
- 11.42%
- 6M
- 27.03%
- 1Y
- 52.95%
- 3Y*
- 36.24%
- 5Y*
- 13.86%
- 10Y*
- 5.56%
DAX
- 1D
- 1.45%
- 1M
- -6.35%
- YTD
- -6.25%
- 6M
- -5.30%
- 1Y
- 10.17%
- 3Y*
- 15.81%
- 5Y*
- 7.90%
- 10Y*
- 8.48%
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COLO vs. DAX - Expense Ratio Comparison
COLO has a 0.62% expense ratio, which is higher than DAX's 0.20% expense ratio.
Return for Risk
COLO vs. DAX — Risk / Return Rank
COLO
DAX
COLO vs. DAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Colombia ETF (COLO) 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.
| COLO | DAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.34 | 0.51 | +1.84 |
Sortino ratioReturn per unit of downside risk | 2.90 | 0.85 | +2.05 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.11 | +0.30 |
Calmar ratioReturn relative to maximum drawdown | 3.42 | 0.75 | +2.68 |
Martin ratioReturn relative to average drawdown | 11.23 | 2.61 | +8.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| COLO | DAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.34 | 0.51 | +1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.39 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.40 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.33 | -0.12 |
Correlation
The correlation between COLO and DAX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
COLO vs. DAX - Dividend Comparison
COLO's dividend yield for the trailing twelve months is around 6.74%, more than DAX's 1.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLO Global X MSCI Colombia ETF | 6.74% | 7.51% | 6.08% | 6.99% | 12.55% | 2.32% | 3.23% | 3.04% | 3.03% | 1.83% | 1.48% | 1.58% |
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
COLO vs. DAX - Drawdown Comparison
The maximum COLO drawdown since its inception was -78.91%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for COLO and DAX.
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Drawdown Indicators
| COLO | DAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.91% | -45.58% | -33.33% |
Max Drawdown (1Y)Largest decline over 1 year | -16.37% | -14.82% | -1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -43.86% | -39.96% | -3.90% |
Max Drawdown (10Y)Largest decline over 10 years | -62.75% | -45.58% | -17.17% |
Current DrawdownCurrent decline from peak | -24.36% | -10.00% | -14.36% |
Average DrawdownAverage peak-to-trough decline | -40.47% | -10.58% | -29.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 4.23% | +0.76% |
Volatility
COLO vs. DAX - Volatility Comparison
The current volatility for Global X MSCI Colombia ETF (COLO) is 6.17%, while Global X DAX Germany ETF (DAX) has a volatility of 8.46%. This indicates that COLO 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
| COLO | DAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 8.46% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 16.84% | 12.77% | +4.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.77% | 20.20% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 20.20% | +2.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.34% | 21.21% | +4.13% |