Xtrackers Germany Equity ETF (GRMY) is an exchange-traded fund that seeks to track the performance of the Nasdaq Germany Large Mid Cap Index, comprising large- and mid-cap German securities across diversified sectors including industrials, financials, consumer discretionary, and health care. The ETF holds approximately 83 securities, with over 50% of assets concentrated in its top 10 holdings; it provides investors exposure to the broad German equity market through a physically replicated portfolio focused on developed market equities in Europe. Launched on August 19, 2015, GRMY is issued by DWS (formerly Deutsche Asset Management) under the DBX ETF Trust, managed by a team including Bryan Richards and Patrick Dwyer, with The Bank of New York Mellon as administrator and custodian; shares trade on the Cboe BATS exchange.
The fund targets institutional and retail investors seeking targeted exposure to German equities without currency hedging, emphasizing cost efficiency with a competitive expense ratio that was reduced to 0.09% prior to its temporary closure. Assets under management stand at approximately $2.12 million, with average daily trading volume around $138 and a current share price near $21.18 as of late 2025. GRMY distributes dividends, yielding about 2.28%, and maintains operations in the United States with principal focus on German-domiciled companies.
In April 2019, DWS announced the closure and liquidation of GRMY alongside another ETF, with final distributions completed by May 13, 2019, at $21.07 per share; despite this, trading data and quotes for GRMY have reappeared on platforms including Yahoo Finance, Bloomberg, and others into 2025, suggesting either a relaunch, residual symbol activity, or data persistence under DBX Advisors LLC oversight. No recent partnerships, funding rounds, acquisitions, or new product launches specific to GRMY are reported in the last 1-2 years, though DWS continues expanding its Xtrackers suite with launches like the Xtrackers MSCI Europe Consumer Discretionary Screened UCITS ETF in October 2025. The ETF's small AUM and low liquidity reflect its niche positioning post any operational changes, with no major strategic shifts or reorganizations noted since the 2019 events.