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About Global X DAX Germany ETF
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Inception date
Oct 22, 2014
Structure
Open-Ended Fund
Replication method
Physical
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.
ISIN
US37954Y4917
The German stock index DAX 40 (GER40) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 40 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity. The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX40 is usually reported as a performance index, which means that the dividends of the companies are reinvested.
Related funds
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Producer Manufacturing
Technology Services
Stock breakdown by region
Top 10 holdings
DAX weekly exhaustion volume at wave 5 wolfOrder BUY DAX NASDAQ.NMS Stop 20.97 LMT 20.97 will be automatically canceled at 20230401 01:00:00 EST
DAX weekly exhaustion volume at wave 5 wolf at strong monthly support. Needs weekly downtrend break confirmation. Will exit for small profit if doesn't confirm.
DAX H&SYou guys now I always track the DAX, something I just noticed.... it's got a head and shoulders pattern going on.
Keep in mind that Germany was in trouble before COVID, the only reason why it went up was because of negative interest rates. Now that rates need to go up, they're screwed. Positive i
DAX Forecast: Continues to Consolidate Around 200 Day EMAThe German index continues to bounce around the 200 day EMA as we have seen a lot of consolidation in this general vicinity. The 200 day EMA is obviously an indicator that a lot of technical traders will jump on, as it continues to be an area that longer-term traders pay close attention to. Furtherm
DAXthe market has reached the 0.78 level but it could not be broken with force and we see a wick on the last candle. for me it is a sell signal. So if the price breaks the level 0.61 fibo there ' will have a probability of going to level 0.5 fibo or less
on the other hand if the price has rebounded it
DAX PennantIf this breaks upwards expect pumptardedness until the end of the year.
Keep in mind that the EUros control the morning gap with futures so if Euro markets break out of the pennant, we'll see the market gap up everyday.
Dangerous right now to short US indices, stick to garbage stocks and countries
Dead DAXI've plotted this before, and it looks like we're finally done with wave 4. Europe is more than likely going into a recession, China deal has little to do with them.
Futures follow European markets(just look at last night) so it's going to be an uphill battle for the market even if the US doesn
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DAX assets under management is 305.94 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DAX invests in stocks. See more details in our Analysis section.
DAX expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DAX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, DAX pays dividends to its holders with the dividend yield of 1.53%.
DAX shares are issued by Mirae Asset Global Investments Co., Ltd.
DAX follows the DAX Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 22, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.