DAX - ETF AI Analysis
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Global X DAX Germany ETF (DAX)
Rating:68Neutral
Price Target:―
Positive Factors
Strong AUM Base
The fund manages a sizable pool of assets, which suggests it has attracted meaningful investor interest and offers solid liquidity.
Leading German Blue-Chip Exposure
Top holdings like Siemens, Allianz, and Airbus provide exposure to major German companies that have shown generally strong or improving performance.
Competitive Expense Ratio
The ETF’s relatively low expense ratio helps investors keep more of their returns compared with higher-cost funds.
Negative Factors
Recent Weak Performance
The ETF has delivered negative returns over the year-to-date and recent months, indicating it has been under pressure in the short term.
High Concentration in a Few Stocks
A small number of companies make up a large share of the portfolio, which increases the impact if any of these holdings perform poorly.
Mixed Results Among Top Holdings
Some major positions, such as SAP, Munich Re, and Deutsche Bank, have shown weak or lagging performance, which can drag on overall fund results.
DAX vs. SPDR S&P 500 ETF (SPY)
AUM220.15M
RegionEurope
Expense Ratio0.20%
Beta0.77
IssuerGlobal X
Inception DateOct 22, 2014
Dividend Yield2.07%
Asset ClassEquity
Index TrackedDAX Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume24,323
30 Day Avg. Volume34,594
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
54.34Price 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 (ticker: DAX) follows the DAX Index, which tracks many of Germany’s biggest and most important companies. It mainly holds large, well-known firms across industries like industrials, finance, and technology. Examples include Siemens and Allianz, which are major players in engineering and insurance. An investor might choose this ETF to get simple, broad exposure to Germany’s economy and to diversify a portfolio beyond U.S. stocks. However, because it is focused on German companies, its value can go up or down with the German stock market and the overall European economy.
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
This Germany-focused ETF leans heavily on a few industrial and tech heavyweights, with Siemens and SAP steering the ship. Siemens has been steadily rising and helping drive returns, while SAP’s recent rebound is promising but still feels a bit mixed after earlier weakness. Financial giants Allianz and Deutsche Bank are adding some lift, though their momentum has been uneven. On the more volatile side, Siemens Energy and chipmaker Infineon have been swinging hard, sometimes boosting performance, sometimes shaking it, underscoring the fund’s concentrated bet on Germany’s industrial and tech engine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Siemens | 10.91% | $23.92M | €198.57B | 15.99% | 74 Outperform | |
| SAP SE | 10.87% | $23.83M | €217.82B | -14.46% | 66 Neutral | |
| Allianz | 9.71% | $21.29M | €170.11B | 30.30% | 67 Neutral | |
| Airbus Group SE | 6.59% | $14.45M | $177.41B | -1.17% | 68 Neutral | |
| Siemens Energy | 6.21% | $13.62M | €116.82B | 44.10% | 72 Outperform | |
| Deutsche Telekom | 5.75% | $12.60M | €137.93B | -1.00% | 67 Neutral | |
| Infineon Technologies AG | 4.07% | $8.93M | €71.58B | 65.57% | 67 Neutral | |
| Munich Reinsurance | 3.74% | $8.20M | €64.96B | -1.36% | 71 Outperform | |
| Deutsche Bank AG | 3.66% | $8.02M | $72.33B | 5.18% | 69 Neutral | |
| DHL Group | 3.03% | $6.65M | €62.41B | 45.91% | 76 Outperform |
DAX Technical Analysis
Neutral
―
Price Trends
45.96
Negative
45.14
Positive
44.66
Positive
Market Momentum
-0.25
Positive
41.28
Neutral
14.04
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For DAX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 46.56, equal to the 50-day MA of 45.96, and equal to the 200-day MA of 44.66, indicating a neutral trend. The MACD of -0.25 indicates Positive momentum. The RSI at 41.28 is Neutral, neither overbought nor oversold. The STOCH value of 14.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DAX.
DAX Peer Comparison
Comparison Results
Performance Comparison
DAX
Global X DAX Germany ETF
45.01
1.74
4.02%
EWG
iShares MSCI Germany ETF
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FLGB
Franklin FTSE United Kingdom ETF
―
―
―
DBEU
Xtrackers MSCI Europe Hedged Equity 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.
DisclaimerThis 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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