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DAXvsFGMETF Comparison

ETF 1

DAX

Global X DAX Germany ETF

This fund is part of

Europe Blended Cap

-0.98%

Full DAX fund page

VS

ETF 2

FGM

First Trust Germany AlphaDEX Fund ETF

This fund is part of

Europe Blended Cap

-0.98%

Full FGM fund page

Global X DAX Germany ETF (DAX) and First Trust Germany AlphaDEX Fund ETF (FGM) belong to the same industry segment: Europe Blended Cap. DAX's top 3 sector exposures are Industrials, Finance and Technology. In contrast, FGM's top sector exposures are Industrials, Non-Energy Materials and Consumer Cyclicals. DAX is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.8% for FGM. DAX is up 0.34% year-to-date (YTD) with -$55M in YTD flows. FGM performs better with 1.68% YTD performance, and +$15M in YTD flows. Run a side-by-side ETF comparison of DAX and FGM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DAX vs FGM performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DAX FGM	-4.18%-0.91%	+0.84%-1.34%	+0.34%+1.68%	+3.43%+10.46%	+69.55%+77.67%	+58.72%+24.89%
Flows	DAX FGM	-$9M-	-$29M-	-$55M+$15M	-$91M+$24M	+$115M+$65M	+$126M+$6M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DAX FGM	+15.11%+17.22%	+18.42%+21.42%	+17.92%+20.41%	+21.11%+23.25%
Max drawdown	DAX FGM	-6.08%-5.63%	-14.05%-17.67%	-15.41%-17.67%	-37.58%-48.03%
Max drawdown duration	DAX FGM	19d73d	166d220d	42d220d	836d1317d

Trading data

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	DAX	FGM
Last sale 9/18/2026 at 1:30 PM	$45.01	$61.56
Previous close 09/17/2026	$45.55	$62.45
Consolidated volume 09/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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	DAX	FGM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/18/2026 at 1:30 PM

Live

Closed

	DAX	FGM
Last price	$45.01	$61.56
1D performance	-1.19%	-1.43%
AuM	$216.68 M	$97.14 M
E/R	0.2%	0.8%

Characteristics

	DAX	FGM
Management strategy	Passive	Passive
Provider	Global X	First Trust
Benchmark	DAX Index	NASDAQ AlphaDEX Germany Index
N° of holdings	40	38
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 22, 2014	February 14, 2012
ESG	No	No

More DAX data on Trackinsight

More FGM data on Trackinsight

Exposure

Countries

DAX

Germany

92.38%

Netherlands

7.62%

Other

-0%

FGM

Germany

93.59%

Other

6.41%

Sectors

DAX

Industrials

35.53%

Finance

22.34%

Technology

13.93%

Other

28.21%

FGM

Industrials

27.08%

Non-Energy Materi.

14.49%

Consumer Cyclical.

12.34%

Healthcare

11.43%

Finance

10.27%

Other

24.39%

Diversification

DAX

Total weight of top 15 holdings out of 15

77.47%

FGM

Total weight of top 15 holdings out of 15

55.58%

Top 15 holdings

Data as of July 31, 2026

DAX

Siemens AG

11.48%

Allianz SE

9.47%

SAP SE

9.27%

Airbus SE

7.18%

Siemens Energy AG

6.46%

Deutsche Telekom AG

5.50%

Infineon Technologies AG

4.34%

Münchener Rückversicherungs-Gesellschaft AG

3.85%

Deutsche Bank AG

3.40%

Deutsche Post AG

3.12%

Rheinmetall AG

2.92%

Deutsche Börse AG

2.85%

Bayer AG

2.66%

BASF SE

2.52%

E.ON SE

2.45%

FGM

Porsche Automobil Holding SE

4.40%

Delivery Hero SE

4.34%

Bayerische Motoren Werke AG

4.32%

thyssenkrupp AG

4.13%

Aurubis AG

4.04%

Vonovia SE

3.95%

Volkswagen AG

3.62%

United Internet AG

3.60%

Hochtief AG

3.57%

Fresenius Medical Care AG

3.49%

KION GROUP AG

3.46%

Bayer AG

3.40%

Deutsche Lufthansa AG

3.23%

Deutsche Telekom AG

3.08%

Fresenius SE & Co. KGaA

2.95%

Frequently asked questions about DAX and FGM

How have the DAX and FGM ETFs performed in 2026?

As of September 18, 2026, DAX is up 0.34% year-to-date (YTD), while FGM has returned 1.68%. That puts FGM better performer ahead so far this year.

Which ETF is attracting more investor money: DAX or FGM?

Year-to-date, the DAX ETF saw -$55M in flows, compared to +$15M for FGM.

Which ETF is more volatile: DAX or FGM?

Over the past year, DAX had a volatility of 18.42%, while FGM experienced 21.42%.

Which ETF is bigger: DAX or FGM?

As of September 18, 2026, DAX holds $216.68 M in assets under management (AUM), while FGM manages $97.14 M.

What sectors do the DAX and FGM ETFs invest in?

DAX leans toward sectors like Industrials, Finance and Technology. Meanwhile, FGM focuses on Industrials, Non-Energy Materials and Consumer Cyclicals.

What are the top holdings of the DAX ETF and FGM ETF?

DAX top holdings include Siemens AG, Allianz SE and SAP SE. FGM holds in its top three: Porsche Automobil Holding SE, Delivery Hero SE and Bayerische Motoren Werke AG.

DAXvsFGMETF Comparison

Global X DAX Germany ETF

First Trust Germany AlphaDEX Fund ETF

DAX vs FGM performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DAX and FGM ETFs performed in 2026?

As of September 18, 2026, DAX is up 0.34% year-to-date (YTD), while FGM has returned 1.68%. That puts FGM better performer ahead so far this year.

Which ETF is attracting more investor money: DAX or FGM?

Year-to-date, the DAX ETF saw -$55M in flows, compared to +$15M for FGM.

Which ETF is more volatile: DAX or FGM?

Over the past year, DAX had a volatility of 18.42%, while FGM experienced 21.42%.

Which ETF is bigger: DAX or FGM?

As of September 18, 2026, DAX holds $216.68 M in assets under management (AUM), while FGM manages $97.14 M.

What sectors do the DAX and FGM ETFs invest in?

DAX leans toward sectors like Industrials, Finance and Technology. Meanwhile, FGM focuses on Industrials, Non-Energy Materials and Consumer Cyclicals.

What are the top holdings of the DAX ETF and FGM ETF?

DAX top holdings include Siemens AG, Allianz SE and SAP SE. FGM holds in its top three: Porsche Automobil Holding SE, Delivery Hero SE and Bayerische Motoren Werke AG.

Which ETF is more diversified: DAX or FGM?

DAX holds 40 securities with 77.47% of its assets in the top 15. FGM has 38 securities and a top 15 weight of 55.58%.

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