Global X - DAX Germany ETF
DAX
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Oct 23, 2014
- CIK
- 0001551030
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X DAX Germany ETF (DAX) is an exchange-traded fund that seeks to track the performance of the DAX Index, a market-cap-weighted total return index comprising the 40 largest and most liquid publicly traded companies listed on the Frankfurt Stock Exchange; the fund employs a full replication technique to invest in the underlying constituents, spanning sectors including industrials (24.7%), financials (21.4%), information technology (15.6%), materials (12.3%), consumer discretionary (7.9%), communication services (5.9%), health care (5.8%), utilities (3.8%), real estate (1.5%), and consumer staples (1.2%). Top holdings include SAP SE (12.56%), Siemens AG (10.42%), Allianz SE (8.87%), Airbus SE (6.67%), and Deutsche Telekom AG (5.68%), providing targeted exposure to Germany's export-oriented economy, the largest in Europe by GDP. The ETF offers investors efficient access to large-cap German equities with a net expense ratio of 0.20%, dividend yield of approximately 1.50%, and assets under management of around $289 million. Launched on October 22, 2014 and managed by Global X Management Company LLC, headquartered at 605 Third Avenue, 43rd Floor, New York, NY, the fund is domiciled in the United States and trades on Nasdaq. Global X Management Company LLC, founded in 2008, serves as the investment adviser and has expanded its platform to over $50 billion in AUM across thematic growth, income, international access, core equity, fixed income, and commodity suites. Recent developments include product enhancements and launches by Global X, such as fund liquidations of underperforming small positions (less than 0.2% of assets) announced on July 31, 2025, to streamline its diverse lineup. In November 2025, Global X ETFs Europe, in collaboration with STOXX, launched the Global X DAX Covered Call UCITS ETF, the first ETF tracking an at-the-money covered call strategy on the DAX benchmark, expanding income-generating options tied to German equities. The firm continues to innovate with covered call suites reaching $13.1 billion in AUM and fixed income offerings at nearly $2 billion, reflecting strategic focus on differentiated products amid resilient U.S. economic tailwinds and euro weakness benefiting DAX exporters.