DAX

Global X Funds Global X DAX Germany ETF

$44.10

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X DAX Germany ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the DAX® Index.

Overview

ETF tracking Global X Funds Global X DAX Germany ETF

Category International

Issuer Other

Inception Date 2018-12-24

Market Cap $303.8M

Average Volume N/A

Dividend Yield 1.54%

52-Week Range $32.61 - $45.98

VWAP $44.04

Performance

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Investment Summary

📎 Investment Objective

The Global X DAX Germany ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the DAX® Index.

🎯 Investment Strategy

The ETF invests in a representative sample of securities included in the DAX® Index, which is designed to measure the performance of the 40 largest and most liquid companies traded on the Frankfurt Stock Exchange.

✨ Key Features

Provides exposure to the large-cap segment of the German equity market
Tracks the performance of the DAX® Index, a widely followed benchmark for German stocks
Low expense ratio of 0.00%
Suitable for investors seeking broad exposure to the German stock market

⚠️ Primary Risks

Market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities
Concentration risk: The ETF is heavily concentrated in German equities, which may increase its volatility
Currency risk: As a fund investing in non-U.S. securities, the ETF is subject to risks associated with fluctuations in the value of the euro relative to the U.S. dollar
Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

The Global X DAX Germany ETF may be suitable for investors seeking broad exposure to the German stock market as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with investing in international equities.