Overview
Description
The Global X DAX Germany ETF is an exchange-traded fund that aims to replicate the performance of the DAX index, a prominent benchmark for the German stock market. This ETF primarily functions as a tool for investors seeking exposure to the largest and most liquid companies listed on the Frankfurt Stock Exchange. Notable sectors represented within the index include industrials, financials, consumer staples, and technology, reflecting a diverse cross-section of Germany's economic landscape. As Germany is Europe's largest economy, the DAX index and, by extension, the Global X DAX Germany ETF, play a crucial role in gauging the economic health of the region. This ETF provides investors with an opportunity to invest in Germany's economic performance through a diversified and cost-effective vehicle, making it a significant component of global investment portfolios focused on developed markets.
About
Address
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Phone
+1 8884938631
Website
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Instrument type
ETF
Country
United States
MIC code
XNMS