DAX ETF — Global X DAX Germany ETF

Global X DAX Germany ETF (DAX)

DAX is a low-cost ETF. its distribution rate is 3.77%, its trailing-12-month yield is 2.07%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 135.6% over the past 11.9 years, 248.7 points behind SPY at 384.3%.

At the current 3.77% distribution rate, a $10,000 investment would generate approximately $377 per year, or about $188.50 per semi-annual payment if the next payment matches the last regular one.

Global X DAX Germany ETF tracks the largest and most actively traded blue-chip companies on the German equities market, investing at least 80% of its assets in index securities and related depositary receipts. The fund offers a modest current distribution rate paid semi-annually, with an expense ratio of 0.20%. It appeals to investors seeking equity exposure to Germany's premier large-cap companies.

DAX performance versus SPY

Price and return data through 2026-09-21.

Total return is 135.6% over the past 11.9 years, 248.7 points behind SPY at 384.3%. Over the past year its total return — price change plus distributions reinvested — is 5.1%. Its deepest 1-year drawdown was 14.8%.

DAX key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

2.64%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Inception date

10/22/2014

Expense ratio

0.20%

Distribution rate

3.77%

Distribution frequency

Semi-Annual

Trailing yield

2.07%

Last close

$45.48 (as of 2026-09-21)

NAV

$44.96

Premium / discount

1.16% premium

AUM

$216,684,476

Average volume

18100.0

Last dividend

$0.857

Last ex-dividend date

06/29/2026 (as of 2026-06-29)

Last payment date

07/07/2026 (as of 2026-07-07)

Beta

1.07

P/E ratio

17.8796

How Dividend Vision calculates yield and returns

Distribution rate (3.77%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.07%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DAX risks and drawbacks

DAX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.8%.

Who may consider DAX — and who may not

DAX may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (DAX pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Global X.