Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
DAXvsEWGETF Comparison
Global X DAX Germany ETF (DAX) and iShares MSCI Germany ETF (EWG) belong to the same industry segment: Europe Blended Cap. Both ETFs have the same top 3 sector exposures: Industrials, Financials and Information Technology. DAX is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.49% for EWG. DAX is down -5.58% year-to-date (YTD) with +$9M in YTD flows. EWG performs better with -4.88% YTD performance, and -$64M in YTD flows. Run a side-by-side ETF comparison of DAX and EWG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
DAX vs EWG performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | DAX EWG | -8.03%-8.47% | -4.36%-4.23% | -5.58%-4.88% | +9.11%+8.05% | +65.95%+60.73% | +52.42%+38.52% |
| Flows | DAX EWG | +$3M-$38M | +$9M-$64M | +$9M-$64M | +$102M+$229M | +$177M-$453M | +$198M-$972M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | DAX EWG | +19.19%+15.25% | +19.03%+18.77% | +17.46%+16.66% | +20.66%+20.07% |
| Max drawdown | DAX EWG | -9.20%-9.57% | -15.41%-15.13% | -15.41%-15.74% | -39.32%-43.31% |
| Max drawdown duration | DAX EWG | 22d14d | 42d37d | 42d136d | 1003d1199d |
DAX | EWG | |
Last sale 3/13/2026 at 1:30 PM | $42.35 | $39.84 |
| Previous close 03/12/2026 | $43.02 | $40.34 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
DAX | EWG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
DAX | EWG | |
|---|---|---|
| Last price | $42.35 | $39.84 |
| 1D performance | -1.56% | -1.24% |
| AuM | $269.60 M | $1.61 B |
| E/R | 0.2% | 0.49% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the DAX and EWG ETFs performed in 2026?
As of March 12, 2026, DAX is down -5.58% year-to-date (YTD), while EWG has lost -4.88%. That puts EWG better performer ahead so far this year.
Which ETF is attracting more investor money: DAX or EWG?
Year-to-date, the DAX ETF saw +$9M in flows, compared to -$64M for EWG.
Which ETF is more volatile: DAX or EWG?
Over the past year, DAX had a volatility of 19.03%, while EWG experienced 18.77%.
Which ETF is bigger: DAX or EWG?
As of March 12, 2026, DAX holds $269.60 M in assets under management (AUM), while EWG manages $1.61 B.
What sectors do the DAX and EWG ETFs invest in?
DAX leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, EWG focuses on Industrials, Financials and Information Technology.
What are the top holdings of the DAX ETF and EWG ETF?
DAX top holdings include SIEMENS, SAP SE and ALLIANZ SE. EWG holds in its top three: SIEMENS, SAP SE and ALLIANZ SE.
Which ETF is more diversified: DAX or EWG?
DAX holds 38 securities with 71.4% of its assets in the top 15. EWG has 55 securities and a top 15 weight of 73.22%.
Calamos Investments Powers the Next Phase of the Autocallable Revolution
Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.
Accepted for 1 CE Credit
