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

DAX vs. CG1.L

Last updated Apr 2, 2026

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

DAX and CG1.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DAX is a passively managed fund by Global X that tracks the performance of the DAX Index. It was launched on Oct 22, 2014. 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. Both DAX and CG1.L 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

DAX vs. CG1.L - Performance Comparison

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

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DAX vs. CG1.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
CG1.L
Amundi ETF DAX UCITS ETF DR		-6.25%38.17%11.28%23.24%-17.49%7.01%12.68%21.68%-21.89%27.70%
Different Trading Currencies

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

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with DAX at -6.25% and CG1.L at -6.25%. Both investments have delivered pretty close results over the past 10 years, with DAX having a 8.48% annualized return and CG1.L not far ahead at 8.68%.

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%

CG1.L

1D
3.33%
1M
-6.66%
YTD
-6.25%
6M
-4.64%
1Y
10.28%
3Y*
16.19%
5Y*
8.18%
10Y*
8.68%
*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.

Global X DAX Germany ETF

Amundi ETF DAX UCITS ETF DR

Often compared with DAX:
DAX vs. SPYDAX vs. ^NIFTY500DAX vs. BMW.DEDAX vs. CACDAX vs. ^FCHIDAX vs. VOODAX vs. QQQ
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

DAX vs. CG1.L - Expense Ratio Comparison

DAX has a 0.20% expense ratio, which is higher than CG1.L's 0.10% expense ratio. However, 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

DAX vs. CG1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
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
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
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.

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

This table presents a comparison of risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and Amundi ETF DAX UCITS ETF DR (CG1.L). 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.

DAXCG1.LDifference

Sharpe ratio

Return per unit of total volatility

0.51

0.54

-0.03

Sortino ratio

Return per unit of downside risk

0.85

0.84

+0.01

Omega ratio

Gain probability vs. loss probability

1.11

1.11

0.00

Calmar ratio

Return relative to maximum drawdown

0.75

0.70

+0.04

Martin ratio

Return relative to average drawdown

2.61

2.50

+0.11

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

DAX vs. CG1.L - Sharpe Ratio Comparison

The current DAX Sharpe Ratio is 0.51, which is comparable to the CG1.L Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of DAX and CG1.L, 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

DAXCG1.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.51

0.54

-0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.41

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

0.43

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.31

+0.02

Correlation

The correlation between DAX and CG1.L is 0.80, 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

DAX vs. CG1.L - Dividend Comparison

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

TTM20252024202320222021202020192018201720162015
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%
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%

Drawdowns

DAX vs. CG1.L - Drawdown Comparison

The maximum DAX drawdown since its inception was -45.58%, roughly equal to the maximum CG1.L drawdown of -45.70%. Use the drawdown chart below to compare losses from any high point for DAX and CG1.L.

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Drawdown Indicators

DAXCG1.LDifference

Max Drawdown

Largest peak-to-trough decline

-45.58%

-34.44%

-11.14%

Max Drawdown (1Y)

Largest decline over 1 year

-14.82%

-12.92%

-1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-39.96%

-23.46%

-16.50%

Max Drawdown (10Y)

Largest decline over 10 years

-45.58%

-34.44%

-11.14%

Current Drawdown

Current decline from peak

-10.00%

-8.76%

-1.24%

Average Drawdown

Average peak-to-trough decline

-10.58%

-7.11%

-3.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.23%

3.50%

+0.73%

Volatility

DAX vs. CG1.L - Volatility Comparison

Global X DAX Germany ETF (DAX) has a higher volatility of 8.46% compared to Amundi ETF DAX UCITS ETF DR (CG1.L) at 7.49%. This indicates that DAX's price experiences larger fluctuations and is considered to be riskier than CG1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DAXCG1.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.46%

7.49%

+0.97%

Volatility (6M)

Calculated over the trailing 6-month period

12.77%

12.44%

+0.33%

Volatility (1Y)

Calculated over the trailing 1-year period

20.20%

19.01%

+1.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.20%

20.13%

+0.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.21%

20.40%

+0.81%