Global X DAX Germany ETF (DAX)
Look-through valuation · Core UCITS · Expense ratio 0.20 % · ISIN US37954Y4917
Price history (since 2014)
Monthly close since 2014. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Siemens Aktiengesellschaft SIE | 11.7 % | −47.2 % | 58 |
| Allianz SE VNA O.N. ALV | 9.4 % | −12.7 % | 68 |
| SAP SE SAP | 8.2 % | −9.0 % | 63 |
| Siemens Energy AG ENR | 7.1 % | −76.4 % | 57 |
| Airbus Group SE AIR | 6.8 % | −42.0 % | 54 |
| Deutsche Telekom AG DTE | 5.4 % | +61.2 % | 55 |
| Infineon Technologies AG IFX | 5.0 % | −77.4 % | 60 |
| Münchener Rück AG MUV2 | 3.8 % | +20.5 % | 54 |
| Deutsche Bank Aktiengesellschaft DBK | 3.6 % | n/a | n/a |
| Deutsche Post AG DHL | 3.2 % | −6.5 % | 68 |
| Deutsche Börse AG DB1 | 2.9 % | −44.6 % | 63 |
| Bayer AG NA BAYN | 2.8 % | +1.9 % | 53 |
| Rheinmetall AG RHM | 2.6 % | n/a | n/a |
| BASF SE BAS | 2.5 % | −17.1 % | 56 |
| E.ON SE EOAN | 2.5 % | −39.1 % | 49 |
| RWE AG RWE | 2.1 % | +7.4 % | 52 |
| Mercedes-Benz Group AG MBG | 1.9 % | +133.3 % | 51 |
| adidas AG ADS | 1.9 % | −36.3 % | 58 |
| Daimler Truck Holding AG DTG | 1.3 % | n/a | n/a |
| Heidelberg Materials AG HEI | 1.3 % | n/a | n/a |
| MTU Aero Engines AG MTX | 1.1 % | −10.4 % | 58 |
| MERCK Kommanditgesellschaft auf Aktien 0O14 | 1.1 % | n/a | n/a |
| Fresenius SE & Co. KGaA FRE | 1.0 % | −23.4 % | 54 |
| Bayerische Motoren Werke Aktiengesellschaft BMW | 1.0 % | +165.6 % | 44 |
| Vonovia SE VNA | 0.9 % | +73.9 % | 49 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 40 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Global X DAX Germany ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 19, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.