Performance of DAX Global X DAX Germany | 33.3% in 12m
Compare DAX with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Global X DAX Germany with its related Sector/Index QQQ
Performance Duell DAX vs QQQ
| TimeFrame | DAX | QQQ |
|---|---|---|
| 1 Week | -1.14% | -0.52% |
| 1 Month | -0.62% | 1.10% |
| 3 Months | 3.80% | 1.75% |
| 6 Months | 6.64% | 15.23% |
| 12 Months | 33.3% | 43.08% |
| YTD | 13.3% | 21.83% |
| Rel. Perf. 1m | -0.24 | |
| Rel. Perf. 3m | -0.07 | |
| Rel. Perf. 6m | -0.73 | |
| Rel. Perf. 12m | -0.65 | |
| Spearman 1m | -0.29 | 0.696 |
| Spearman 3m | 0.86 | 0.835 |
Is Global X DAX Germany a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Global X DAX Germany (NASDAQ:DAX) is currently (October 2024)
ok to buy, but has to be watched. It has a Growth Technical Rating of 46.79 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DAX as of October 2024 is 33.95. This means that DAX is currently overvalued and has a potential downside of 0.12% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DAX as of October 2024 is 33.95. This means that DAX is currently overvalued and has a potential downside of 0.12% (Sold with Premium).
Is DAX a buy, sell or hold?
Global X DAX Germany has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 33.31%.
In compare to Invesco QQQ Trust, DAX made -9.77% less over the last 12 months. Due to the underperformance, it is recommend to sell DAX.
In compare to Invesco QQQ Trust, DAX made -9.77% less over the last 12 months. Due to the underperformance, it is recommend to sell DAX.
Values above 0%: DAX is performing better - Values below 0%: DAX is underperforming
Compare DAX with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -0.40% | -2.08% | -8.39% | -8.69% |
| US NASDAQ 100 | QQQ | -0.62% | -1.72% | -8.59% | -9.77% |
| US Dow Jones Industrial 30 | DIA | 0.12% | -1.62% | -4.71% | 1.31% |
| German DAX 40 | DAX | - | - | - | - |
| UK FTSE 100 | ISFU | 0.18% | 2.31% | -1.98% | 9.02% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -3.84% | -20.89% | -9.07% | 17.25% |
| Hongkong Hang Seng | HSI | 0.24% | -5.94% | -12.81% | 21.27% |
| India NIFTY 50 | INDA | 1.65% | 5.63% | 0.01% | 3.52% |
| Brasil Bovespa | EWZ | 0.41% | 2.76% | 13.78% | 35.05% |
DAX Global X DAX Germany vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -0.39% | -2.29% | -5.78% | -10.87% |
| Consumer Discretionary | XLY | 1.30% | 1.70% | -6.31% | 1.15% |
| Consumer Staples | XLP | -0.44% | 0.87% | -3.37% | 8.64% |
| Energy | XLE | -0.70% | -1.39% | 11.68% | 26.17% |
| Financial | XLF | -0.36% | -4.30% | -8.77% | -16.18% |
| Health Care | XLV | 0.74% | 1.97% | -0.62% | 11.34% |
| Industrial | XLI | 0.69% | -2.91% | -5.18% | -9.34% |
| Materials | XLB | 0.26% | -1.95% | -2.80% | 3.09% |
| Real Estate | XLRE | -0.25% | 0.58% | -16.88% | -6.25% |
| Technology | XLK | -0.72% | -3.47% | -9.65% | -10.35% |
| Utilities | XLU | -1.03% | -2.85% | -18.99% | -8.39% |
| Aerospace & Defense | XAR | 0.75% | -2.77% | -12.14% | -8.01% |
| Biotech | XBI | 2.43% | 1.92% | -7.66% | -12.99% |
| Homebuilder | XHB | 4.74% | 3.82% | -7.40% | -36.18% |
| Retail | XRT | 2.33% | 0.41% | 2.27% | 2.36% |
Does Global X DAX Germany outperform its market, is DAX a Sector Leader?
No, over the last 12 months Global X DAX Germany (DAX) made 33.31%, while its related Sector, the Invesco QQQ Trust (QQQ) made 43.08%.
Over the last 3 months DAX made 3.80%, while QQQ made 1.75%.
No, over the last 12 months Global X DAX Germany (DAX) made 33.31%, while its related Sector, the Invesco QQQ Trust (QQQ) made 43.08%.
Over the last 3 months DAX made 3.80%, while QQQ made 1.75%.
| Period | DAX | QQQ | S&P 500 |
|---|---|---|---|
| 1 Month | -0.62% | 1.10% | 1.46% |
| 3 Months | 3.80% | 1.75% | 4.69% |
| 12 Months | 33.31% | 43.08% | 42.00% |