Germany's 40 biggest companies
This fund holds the 40 largest companies in Germany, such as SAP, Siemens and Allianz. It is the most popular way to bet on Europe's biggest economy. Dividends are reinvested automatically.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Largest, most liquid DAX fund
- Low 0.16% yearly fee
- Pure exposure to German giants
- Single country, less diversified
- Heavy in industrials and finance
- German domicile, not Irish
About this fund
The fund tracks the DAX 40 index, made up of the 40 largest and most traded German companies on the Frankfurt Stock Exchange. It uses full physical replication and is the largest ETF tracking the DAX, with over 8 billion euros in assets. The DAX is a total-return index, so reinvested dividends are already built into the benchmark.
Available on Interactive Brokers
Low-cost access to Germany's 40 biggest companies and 10,000+ funds worldwide.
Frequently asked questions
Is EXS1.DE accumulating or distributing?
iShares Core DAX UCITS ETF (DE) EUR (Acc) (EXS1.DE) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for EXS1.DE?
EXS1.DE has a total expense ratio (TER) of 0.16% per year. On a $10,000 holding that is roughly $16 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy EXS1.DE on Interactive Brokers?
Yes. EXS1.DE trades on Xetra, EUR and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does EXS1.DE invest in?
iShares Core DAX UCITS ETF (DE) EUR (Acc) (EXS1.DE) tracks the DAX 40. This fund holds the 40 largest companies in Germany, such as SAP, Siemens and Allianz. You buy one fund and get the whole basket in a single trade.
Is EXS1.DE a UCITS ETF, and where is it domiciled?
Yes, EXS1.DE is a UCITS ETF domiciled in Germany. For non-US investors, EU-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is EXS1.DE?
On the TickerCompare 1 to 5 scale, EXS1.DE is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.