iShares Core DAX UCITS ETF
Price
€217.25
YTD
+12.50%
Expense
0.16%
Yield
0.00%
🇩🇪 Germany
DAX 40 ETFs
Compare DAX 40 ETFs — the best ways to invest in Germany's 40 largest blue-chip companies. EXS1 vs DBXD vs XDAX comparison for German equity exposure.
DAX 40 ETFs Compared
The DAX (Deutscher Aktienindex) contains Germany's 40 largest companies by market capitalisation — from SAP and Siemens to Allianz and Mercedes-Benz.
EXS1 vs DBXD vs XDAX
EXS1 (iShares, 0.16% TER) is the largest DAX ETF. DBXD (Xtrackers, 0.09% TER) is the cheapest. XDAX (Xtrackers, 0.09%) is the distributing version that pays quarterly dividends. All three track the same index.
DAX Sector Composition
The DAX is increasingly tech-heavy thanks to SAP (14.5% weight). Industrials (Siemens, Airbus) and financials (Allianz, Munich Re) form the next largest sectors.
🏆 Winner — #1 pick
Xtrackers DAX UCITS ETF
Price
€246.05
YTD
+12.20%
Expense
0.09%
Yield
0.00%
Xtrackers DAX Income UCITS ETF
Price
€145.20
YTD
+11.80%
Expense
0.09%
Yield
2.50%
Frequently asked questions
What is the DAX 40 index?
The DAX 40 (Deutscher Aktienindex) tracks the 40 largest German companies listed on the Frankfurt Stock Exchange by market capitalisation.
Why is the DAX 40 important for investors?
It represents Germany’s leading blue-chip companies and serves as a benchmark for the German equity market.
Which companies are included in the DAX 40?
Major companies include SAP, Siemens, Allianz, Mercedes-Benz, Airbus, and Munich Re.
Which is the best DAX ETF overall?
iShares Core DAX UCITS ETF (EXS1) is considered the top pick due to its large size and strong liquidity.
What does EXS1 track?
EXS1 tracks the DAX 40 index, providing exposure to Germany’s largest listed companies.
What is the expense ratio of EXS1?
EXS1 has an expense ratio of 0.16%.
What is the YTD return of EXS1?
EXS1 has delivered a year-to-date return of approximately +12.50%.
Which DAX ETF is the cheapest?
Xtrackers DAX UCITS ETF (DBXD) and Xtrackers DAX Income UCITS ETF (XDAX) are the cheapest, both with a 0.09% expense ratio.
What is the difference between DBXD and XDAX?
DBXD is an accumulating ETF that reinvests dividends, while XDAX is a distributing ETF that pays quarterly dividends.
What is the dividend yield of XDAX?
XDAX offers a dividend yield of approximately 2.5%.
What sectors dominate the DAX 40?
Technology, industrials, and financials dominate the DAX, with SAP leading the tech sector.
How significant is SAP in the DAX?
SAP is the largest constituent, accounting for approximately 14.5% of the index weight.
Are DAX ETFs suitable for long-term investing?
Yes, they provide exposure to Germany’s strongest companies and can be used for long-term growth strategies.
Do DAX ETFs pay dividends?
It depends on the ETF type—accumulating ETFs reinvest dividends, while distributing ETFs like XDAX pay them out.
Which ETF has the largest assets under management?
EXS1 is the largest DAX ETF with approximately EUR 8.6 billion in assets.
What is the AUM of DBXD?
DBXD has around EUR 5 billion in assets under management.
Who should choose DBXD over EXS1?
Cost-conscious investors may prefer DBXD due to its lower expense ratio.
Who should choose XDAX?
Income-focused investors may prefer XDAX because it distributes dividends quarterly.
What are the risks of investing in DAX ETFs?
Risks include market volatility, economic dependence on Germany, and sector concentration in industrials and financials.
Can investors combine DAX ETFs with other ETFs?
Yes, combining DAX ETFs with global or sector-specific ETFs can improve diversification.
How does the DAX compare to other global indices?
The DAX is more concentrated and export-driven compared to broader indices like the S&P 500 or MSCI World.
Is the DAX a good way to invest in Europe?
Yes, it provides focused exposure to Germany, the largest economy in Europe.