Xtrackers DAX

Details

ETF description

This ETF aims to track the performance of the DAX index, which includes 40 of the largest and most actively traded companies on the Frankfurt Stock Exchange. The DAX index covers various sectors of the German economy, such as automotive, pharmaceuticals, technology, and financial services, providing a broad representation of German industry leaders. This ETF mirrors the performance of these companies, aiming to reflect the overall health of the German stock market and, by extension, Germany’s economic environment.

Investors interested in European markets, particularly in gaining exposure to Germany’s economy, may find this ETF relevant to their portfolio. It could appeal to those who seek a diversified approach to investing in some of Germany’s most influential companies.

Issuer details

Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.

Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

Index details

The DAX index tracks 40 of the largest companies on the Frankfurt Stock Exchange.