Global X DAX Germany ETF

10-Year Study

DAX.US · · US · ETF

Executive Summary: Global X DAX Germany ETF has compounded at 9.0% annually over the last 10 years, with a maximum drawdown of 38.5% and an annualized volatility of 19.0%.

1Y CAGR
+3.9%
3Y CAGR
+19.1%
5Y CAGR
+7.9%
10Y CAGR
+9.0%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
38.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.33
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.51
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
19.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +39.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -22.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.02.6-10.86.7————————-1.4%
20258.94.62.96.26.33.2-2.82.10.4-1.80.13.839.0%
2024-1.85.94.1-4.75.2-3.12.54.23.5-3.90.3-1.310.5%
202311.5-1.74.63.2-5.05.12.7-4.7-6.2-3.212.84.323.6%
2022-3.1-8.4-2.0-6.74.6-13.33.3-6.5-9.111.415.5-1.9-18.5%
2021-2.42.45.73.13.9-2.2-0.41.3-5.62.8-5.85.67.7%
2020-3.6-7.9-17.510.48.37.13.98.0-3.9-9.516.65.112.3%
20196.3-0.41.66.80.20.0-4.6-0.21.56.81.31.522.1%
20185.0-7.9-1.01.5-3.2-2.24.2-4.90.1-9.4-1.0-5.8-22.9%
20173.40.54.82.74.4-0.41.20.55.42.5-0.20.528.2%
2016———1.6-1.5-5.26.62.30.1-1.2-3.86.95.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 19.0%. The dominant macroeconomic risk driver is VEA.US, accounting for 83.4% of variance. Idiosyncratic stock-specific factors contribute 7.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110156.982107583819
2016-05-0110004.11739259599
2016-06-019480.478868394583
2016-07-0110102.726339325267
2016-08-0110334.342702573107
2016-09-0110342.62960665871
2016-10-0110222.65191354518
2016-11-019837.910240841407
2016-12-0110518.061802584056
2017-01-0110878.411833073607
2017-02-0110932.87607690664
2017-03-0111452.501446299297
2017-04-0111766.778374828657
2017-05-0112286.403744221318
2017-06-0112238.7149565589
2017-07-0112384.491502014394
2017-08-0112441.196858273091
2017-09-0113116.657719589926
2017-10-0113447.143624035147
2017-11-0113415.142623352389
2017-12-0113487.692123271607
2018-01-0114162.31908229052
2018-02-0113047.91289890498
2018-03-0112911.30927872663
2018-04-0113099.145771333564
2018-05-0112685.009042628042
2018-06-0112403.410660398502
2018-07-0112926.163163408366
2018-08-0112291.094444647128
2018-09-0112308.39791732901
2018-10-0111146.250827387434
2018-11-0111033.882492742445
2018-12-0110396.155710406578
2019-01-0111047.537642870917
2019-02-0111003.54929665553
2019-03-0111175.176813346605
2019-04-0111939.291912711276
2019-05-0111967.436115266144
2019-06-0111969.103919861987
2019-07-0111413.568632765064
2019-08-0111391.001151827546
2019-09-0111567.110893369954
2019-10-0112353.011690267836
2019-11-0112511.08829461768
2019-12-0112694.234086798806
2020-01-0112241.42513902715
2020-02-0111270.241675309715
2020-03-019303.014035618051
2020-04-0110267.422043164866
2020-05-0111124.152416492503
2020-06-0111918.183760795124
2020-07-0112387.14956558902
2020-08-0113374.07293517973
2020-09-0112852.831880084846
2020-10-0111637.784113118845
2020-11-0113564.515372467671
2020-12-0114252.276292678858
2021-01-0113916.995450020586
2021-02-0114244.66693421032
2021-03-0115063.715347450603
2021-04-0115531.273942116757
2021-05-0116129.807316450284
2021-06-0115777.014525535651
2021-07-0115714.054902042539
2021-08-0115917.996132778091
2021-09-0115030.724087789065
2021-10-0115448.040069005416
2021-11-0114545.653544866547
2021-12-0115353.392158191265
2022-01-0114876.03521152453
2022-02-0113619.813518598627
2022-03-0113347.283823858987
2022-04-0112459.386352146515
2022-05-0113033.892916521167
2022-06-0111299.115542375266
2022-07-0111673.954625291213
2022-08-0110909.631050352062
2022-09-019921.404708420849
2022-10-0111050.821133168984
2022-11-0112759.591179398441
2022-12-0112517.134086277614
2023-01-0113959.524467214607
2023-02-0113724.83308924318
2023-03-0114350.676763833657
2023-04-0114810.31328666955
2023-05-0114076.844096753513
2023-06-0114798.16958445606
2023-07-0115197.973617416048
2023-08-0114483.319348096878
2023-09-0113583.747244213499
2023-10-0113153.922728528318
2023-11-0114833.141362075165
2023-12-0115473.943159134615
2024-01-0115198.49480635225
2024-02-0116090.874502916051
2024-03-0116754.295899806635
2024-04-0115960.473031078494
2024-05-0116783.221885765808
2024-06-0116259.583361564399
2024-07-0116671.374740057017
2024-08-0117372.8429292903
2024-09-0117977.057263028422
2024-10-0117275.58907379514
2024-11-0117331.877478904877
2024-12-0117106.20266952973
2025-01-0118636.673980684736
2025-02-0119499.189551204207
2025-03-0120074.21730451506
2025-04-0121311.519839056855
2025-05-0122646.388942455527
2025-06-0123373.39538956267
2025-07-0122712.684175140326
2025-08-0123186.080085891936
2025-09-0123279.737737727304
2025-10-0122868.780261532607
2025-11-0122896.924464087475
2025-12-0123777.16045843779
2026-01-0124021.59806951618
2026-02-0124647.02479295769
2026-03-0121973.325550245216
2026-04-0123445.684295013783
Annual Return Matrix
YearAnnual Return
20170.2823362684518529
2018-0.22921166828318273
20190.22105078457913474
20200.1227362119862212
20210.07725894747620288
2022-0.1847316894332347
20230.2362209314429662
20240.10548439357757067
20250.3899730359672775
2026-0.013940948247517682
Total Factor Risk
0.18952052345647658
VTI.US Exposure
-0.017611484470844648
VEA.US Exposure
0.8343976738605394
VWO.US Exposure
-0.03153399055914355
QQQ.US Exposure
-0.017023161568479755
VTV.US Exposure
-0.007293361605138045
IJR.US Exposure
-0.0370104624731566
QUAL.US Exposure
0.05277912212405469
SHV.US Exposure
0.002910009094854078
TLT.US Exposure
-0.039696624772495796
LQD.US Exposure
0.030011390810585032
HYG.US Exposure
0.11146716136022035
GLD.US Exposure
-0.025483651677791444
USO.US Exposure
0.023530433761854416
VNQ.US Exposure
-0.04917658762774308
BTC-USD.CC Exposure
0.00929077841286887
CPER.US Exposure
0.05235788002537934
VIX.INDX Exposure
-0.02260642405884355
UUP.US Exposure
0.06436494745222611
TIP.US Exposure
-0.007371088238138754
Idiosyncratic Exposure
0.07369744014919302
Value Score
44.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
17
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
19.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →14.7x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.42%
Market Cap$83.1B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
5.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.10
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Global X DAX Germany ETF a high-risk investment?

Global X DAX Germany ETF (DAX.US) has an annualized volatility of 19.0% and experienced a maximum drawdown of 38.5% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of DAX.US?

Over the past 10 years, DAX.US has generated a Compound Annual Growth Rate (CAGR) of 9.0%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Global X DAX Germany ETF

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest