(DAX) Multi Units Luxembourg - Overview
Etf: Index, ETF, Germany, Equities, NR-EUR
| Risk 5d forecast | |
|---|---|
| Volatility | 14.1% |
| Relative Tail Risk | 3.74% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.45 |
| Alpha | 5.18 |
| Character TTM | |
|---|---|
| Beta | 0.195 |
| Beta Downside | 0.271 |
| Drawdowns 3y | |
|---|---|
| Max DD | 15.90% |
| CAGR/Max DD | 1.06 |
Description: DAX Multi Units Luxembourg January 19, 2026
The Lyxor DAX (DR) UCITS ETF (ticker PA:DAX) tracks the Morningstar Germany TME NR EUR index, offering exposure to the 40 largest German blue-chip companies listed on the Frankfurt Stock Exchange. Although domiciled in France, the fund is classified under the “Germany Equity” ETF category, reflecting its geographic focus rather than its legal seat.
Key metrics (as of the latest data cut-off, Q4 2025) show an expense ratio of 0.12 % and a total net asset value of roughly €1.8 bn, placing it among the larger Euro-denominated DAX trackers. The index is heavily weighted toward industrials, automotive, and financials-sectors that together account for about 55 % of the basket, making the ETF sensitive to Germany’s export-driven growth and the European monetary policy stance.
Recent drivers include the Eurozone’s moderate GDP growth (≈1.5 % YoY in 2025) and a tightening monetary environment that has pressured equity valuations, resulting in a 4 % YTD decline for the DAX and, by proxy, the ETF. Investors should monitor German manufacturing PMI trends and the ECB’s policy outlook, as these variables have historically explained roughly 30 % of the index’s variance.
For a deeper dive into the ETF’s risk-adjusted performance and scenario analysis, you might explore ValueRay’s analytics platform.
What is the price of DAX shares?
Over the past week, the price has changed by +0.67%, over one month by -0.75%, over three months by +4.10% and over the past year by +12.23%.
Is DAX a buy, sell or hold?
What are the forecasts/targets for the DAX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 255.1 | 13% |
DAX Fundamental Data Overview February 03, 2026
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.30b EUR (1.30b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.30b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.30b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.63% (E(1.30b)/V(1.30b) * Re(6.63%) + (debt-free company))
Discount Rate = 6.63% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)