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DAX - ETF AI Analysis
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Global X DAX Germany ETF (DAX)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid year-to-date returns, indicating strong overall momentum.
Sector Diversification
The fund is spread across multiple sectors, including Industrials, Financials, and Technology, reducing reliance on any single industry.
Low Expense Ratio
With a low expense ratio of 0.2%, the ETF is cost-efficient compared to many other funds.
Negative Factors
Over-Concentration in Germany
The ETF is heavily focused on German companies, with over 83% exposure, limiting geographic diversification.
Mixed Performance of Top Holdings
Some major holdings, such as SAP SE, have underperformed year-to-date, potentially dragging on overall returns.
Limited Defensive Sector Exposure
The fund has minimal allocation to defensive sectors like Consumer Defensive and Utilities, which could make it more sensitive to market downturns.
DAX vs. SPDR S&P 500 ETF (SPY)
AUM279.70M
RegionEurope
Expense Ratio0.20%
Beta0.70
IssuerGlobal X
Inception DateOct 22, 2014
Dividend Yield1.44%
Asset ClassEquity
Index TrackedDAX Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume43,491
30 Day Avg. Volume44,970
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
52.88Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
DAX Summary
The Global X DAX Germany ETF (DAX) is a fund that lets investors own shares in some of Germany’s biggest and most influential companies. It follows the DAX Index, which tracks large-cap stocks from industries like technology, finance, and manufacturing. Well-known companies in the ETF include SAP SE, a leader in software, and Siemens, a global engineering powerhouse. This ETF is a good choice for those looking to diversify their portfolio with European investments or benefit from Germany’s strong economy. However, new investors should know that the ETF’s performance can go up and down with the broader German market.
How much will it cost me?The Global X DAX Germany ETF has an expense ratio of 0.2%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average because it is passively managed, tracking the DAX Index rather than relying on active stock picking.
What would affect this ETF?The Global X DAX Germany ETF could benefit from Germany's strong industrial and financial sectors, which are key drivers of its economy, as well as the global reach of its top holdings like SAP and Siemens. However, challenges such as economic slowdowns in Europe, regulatory changes, or disruptions in key industries like automotive and technology could negatively impact the ETF's performance. Additionally, rising interest rates may affect financial sector profitability, which is a significant part of this ETF's exposure.
DAX Top 10 Holdings
The Global X DAX Germany ETF leans heavily into Germany’s industrial and financial sectors, with Siemens and Allianz emerging as key drivers of performance thanks to their steady revenue growth and attractive valuations. Siemens Energy is also shining brightly, riding strong momentum and robust gains this year. On the flip side, SAP and Deutsche Telekom are dragging the fund, with bearish trends and weaker year-to-date results. The ETF’s focus on large-cap German giants provides concentrated exposure to Europe’s economic engine, but mixed stock performance highlights the challenges of navigating a diverse portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SAP SE | 12.43% | $34.79M | €230.05B | -15.57% | 66 Neutral | |
| Siemens | 10.55% | $29.54M | €193.15B | 30.34% | 74 Outperform | |
| Allianz | 8.44% | $23.62M | €148.18B | 28.31% | 67 Neutral | |
| Airbus Group SE | 6.98% | $19.55M | $193.50B | 54.68% | 68 Neutral | |
| Siemens Energy | 5.58% | $15.62M | $126.62B | 193.46% | 72 Outperform | |
| Deutsche Telekom | 5.47% | $15.30M | €134.00B | -5.81% | 67 Neutral | |
| Rheinmetall | 4.54% | $12.70M | €79.86B | 177.96% | 63 Neutral | |
| Munich Reinsurance | 3.94% | $11.02M | €69.48B | 3.37% | 71 Outperform | |
| Deutsche Bank AG | 3.69% | $10.34M | $73.07B | 122.74% | 69 Neutral | |
| Infineon Technologies AG | 3.10% | $8.67M | €54.43B | 49.80% | 67 Neutral |
DAX Technical Analysis
Positive
―
Price Trends
44.44
Positive
44.52
Positive
43.44
Positive
Market Momentum
0.55
Negative
70.15
Negative
93.64
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DAX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 45.45, equal to the 50-day MA of 44.44, and equal to the 200-day MA of 43.44, indicating a bullish trend. The MACD of 0.55 indicates Negative momentum. The RSI at 70.15 is Negative, neither overbought nor oversold. The STOCH value of 93.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DAX.
DAX Peer Comparison
Comparison Results
Performance Comparison
DAX
Global X DAX Germany ETF
46.61
13.54
40.94%
EWG
iShares MSCI Germany ETF
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SPEU
SPDR Portfolio Europe ETF
―
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EWI
iShares MSCI Italy ETF
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FGM
First Trust Germany AlphaDEX Fund
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FLGR
Franklin FTSE Germany ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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