Symbols

DAX

Global X DAX Germany ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

287.21MUSD

Fund Flows (1Y)

172.24MUSD

Dividend Yield

1.44%

Discount/Premium to NAV

-0.18%

Shares Outstanding

6.19M

Expense Ratio

0.20%

About Global X DAX Germany ETF

Issuer

Global X Management Company LLC

Brand

Global X

Home Page

https://www.globalxetfs.com/funds/dax/

Inception Date

Oct 22, 2014

Structure

Open-Ended Fund

Index Tracked

DAX Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Global X Management Co. LLC

Distributor

SEI Investments Distribution Co.

DAX offers a concentrated, mega-cap play on German stocks. It tracks the most famous German equity index, the DAX, which holds the 30 largest German companies by market cap. Since most of Germany's mega-caps are export-oriented, DAX can also be viewed as a play on Germany's exporting prowess. Unlike some of its total-market peers, the ETF is not currency-hedged, meaning DAX investors are fully exposed to movements in the euro. Note that the underlying index is reviewed quarterly. The fund was also rebranded from Recon Capital to Horizons in February 2017.