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Global X DAX Germany ETF

ETF
DAX
Payout Change
Pending
Price as of:
$32.6068 -0.09 -0.29%
primary theme
Small Regions Equity
DAX (ETF)

Global X DAX Germany ETF

Payout Change
Pending
Price as of:
$32.6068 -0.09 -0.29%
primary theme
Small Regions Equity
DAX (ETF)

Global X DAX Germany ETF

Payout Change
Pending
Price as of:
$32.6068 -0.09 -0.29%
primary theme
Small Regions Equity

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X DAX Germany ETF

DAX | ETF

$32.61

$53.3 M

4.03%

$1.31

0.20%

Vitals

YTD Return

7.9%

1 yr return

14.7%

3 Yr Avg Return

2.9%

5 Yr Avg Return

6.0%

Net Assets

$53.3 M

Holdings in Top 10

61.1%

52 WEEK LOW AND HIGH

$32.7
$29.34
$35.12

Expenses

OPERATING FEES

Expense Ratio 0.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X DAX Germany ETF

DAX | ETF

$32.61

$53.3 M

4.03%

$1.31

0.20%

DAX - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Global X DAX Germany ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Oct 22, 2014
  • Shares Outstanding
    1130143
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nam To

Fund Description

The Fund invests at least 80% of its total assets in the securities of the DAX® Index ("DAX Index" or "Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund's 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Index tracks the segment of the largest and most actively traded companies - known as blue chips - on the German equities market. The Index contains the shares of among the 30 largest German companies in terms of liquidity and free-float market capitalization admitted to the Frankfurt Stock Exchange in the Prime Standard segment. Liquidity is defined as book order volume, which is the sum of the daily turnover over the prior 12-month period. The Prime Standard segment is a market segment of the Frankfurt Stock Exchange which includes companies with higher transparency and reporting standards than those of the General Standard, which is the minimum reporting standard currently required by EU-regulation. The 30 stocks contained in the Index generally represent about 80% of the market capitalization listed in Germany.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental
or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
  
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of December 31, 2023, the Underlying Index had significant exposure to the industrials sector.
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DAX - Performance

Return Ranking - Trailing

Period DAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -35.1% 29.1% 44.44%
1 Yr 14.7% -17.9% 46.8% 43.21%
3 Yr 2.9%* -33.3% 23.2% 40.74%
5 Yr 6.0%* -19.5% 13.3% 42.31%
10 Yr 4.5%* -8.8% 10.5% 39.68%

* Annualized

Return Ranking - Calendar

Period DAX Return Category Return Low Category Return High Rank in Category (%)
2023 20.5% -15.1% 61.2% 19.75%
2022 -20.8% -84.3% 99.1% 62.96%
2021 5.0% -29.9% 283.0% 67.09%
2020 9.6% -50.2% 41.8% 28.21%
2019 19.0% -19.5% 46.8% 44.87%

Total Return Ranking - Trailing

Period DAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -35.1% 29.1% 44.44%
1 Yr 14.7% -17.9% 46.8% 43.21%
3 Yr 2.9%* -33.3% 23.2% 40.74%
5 Yr 6.0%* -19.5% 13.3% 42.31%
10 Yr 4.5%* -8.8% 10.5% 39.68%

* Annualized

Total Return Ranking - Calendar

Period DAX Return Category Return Low Category Return High Rank in Category (%)
2023 23.6% -12.6% 64.7% 22.22%
2022 -18.4% -83.7% 105.8% 60.49%
2021 7.7% -27.5% 283.0% 72.15%
2020 12.3% -50.2% 43.0% 24.36%
2019 22.1% -17.8% 50.2% 47.44%

DAX - Holdings

Concentration Analysis

DAX Category Low Category High DAX % Rank
Net Assets 53.3 M 2.92 M 7.08 B 71.60%
Number of Holdings 41 13 873 72.84%
Net Assets in Top 10 44.4 M 1.66 M 2.8 B 60.49%
Weighting of Top 10 61.14% 10.1% 94.8% 40.74%

Top 10 Holdings

  1. SAP SE COMMON STOCK 14.76%
  2. SIEMENS AG-REG COMMON STOCK 9.44%
  3. ALLIANZ SE-REG COMMON STOCK 7.57%
  4. DEUTSCHE TELEKOM AG-REG COMMON STOCK 6.41%
  5. AIRBUS SE COMMON STOCK 6.10%
  6. MUENCHENER RUECKVER AG-REG COMMON STOCK 4.51%
  7. MERCEDES-BENZ GROUP AG COMMON STOCK 3.35%
  8. INFINEON TECHNOLOGIES AG COMMON STOCK 3.10%
  9. DHL GROUP COMMON STOCK 3.04%
  10. BASF SE COMMON STOCK 2.85%

Asset Allocation

Weighting Return Low Return High DAX % Rank
Stocks 		95.03% 49.47% 100.26% 93.83%
Preferred Stocks 		4.05% 0.00% 26.41% 6.17%
Other 		0.83% -7.90% 31.19% 6.17%
Cash 		0.09% 0.00% 19.34% 95.06%
Convertible Bonds 		0.00% 0.00% 0.30% 32.10%
Bonds 		0.00% 0.00% 2.39% 34.57%

DAX - Expenses

Operational Fees

DAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.20% 0.01% 4.41% 88.75%
Management Fee 0.20% 0.00% 1.10% 13.58%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.15% N/A

Sales Fees

DAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 217.50% 22.02%

DAX - Distributions

Dividend Yield Analysis

DAX Category Low Category High DAX % Rank
Dividend Yield 4.03% 0.00% 6.29% 65.43%

Dividend Distribution Analysis

DAX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Quarterly Annual

Net Income Ratio Analysis

DAX Category Low Category High DAX % Rank
Net Income Ratio 1.90% -4.11% 4.93% 46.91%

Capital Gain Distribution Analysis

DAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

DAX - Fund Manager Analysis

Managers

Nam To

Start Date

Tenure

Tenure Rank

Oct 01, 2018

3.67

3.7%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Wayne Xie

Start Date

Tenure

Tenure Rank

Mar 01, 2019

3.25

3.3%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan

Start Date

Tenure

Tenure Rank

Jun 10, 2019

2.98

3.0%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

Vanessa Yang

Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

Sandy Lu

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.

William Helm

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 31.8 8.72 10.64

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