DAX vs VXUS
Global X Dax Germany ETF vs Vanguard Total International Stock ETF
Which is better, DAX or VXUS?
Large Cap Value against Large Cap Blend.
VXUS has a lower expense ratio. DAX led over 3Y, 5Y and the full window, VXUS over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DAX | VXUS |
|---|---|---|
| Expense Ratio | 0.20% | 0.05%Best |
| AUM | $231M | $158.1B |
| Dividend Yield | 2.06% | 2.59% |
| Holdings | 44 | 8,747 |
| YTD Return | +4.38% | +16.15%Best |
| 1Y Return | +8.26% | +27.58%Best |
| 3Y Return (annualized) | +20.78%Best | +20.48% |
| 5Y Return (annualized) | +9.27%Best | +9.09% |
| Volatility (annualized) | 19.1% | 15.0%Best |
| Max Drawdown | -48.6% | -39.9%Best |
| $10,000 over 5 years | $15,578Best | $15,450 |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 22, 2014 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 23, 2014 to Sep 4, 2026 (15.6 years).
DAX vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 15.6 years both funds cover.
DAX vs VXUS Performance
Global X Dax Germany ETF (DAX) is an ETF from Global X by mirae Asset and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year DAX returned +8.26% while VXUS returned +27.58%. Year to date, DAX is up 4.38% versus a gain of 16.15% for VXUS.
Over three years, DAX compounded at +20.78% per year against +20.48% for VXUS; over five years the annualized figures are +9.27% and +9.09% respectively. Across the full 12-year window we track, DAX has the edge at +6.59% annualized vs +4.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DAX has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 15.0% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -48.6% for DAX and -39.9% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DAX charges 0.20% per year while VXUS charges 0.05%. On a $10,000 position that is $20 vs $5 annually, a gap of $15 per year that compounds over a long holding period. On income, DAX currently yields 2.06% against 2.59% for VXUS.
Holdings Overlap
At least 42.2% of DAX's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 87.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
18 positions in common, counted across the 40 positions we hold weights for in DAX and 8,094 in VXUS, against full books of 44 and 8,747.
Top Shared Holdings
| Stock | Weight in DAX | Weight in VXUS | Difference |
|---|---|---|---|
| SIE:SGSiemens Ag | 11.72% | 0.52% | 11.20% |
| DTE:FFDeutsche Telekom AG Deutsche Telekom Agnamens Aktien O N | 5.36% | 0.21% | 5.15% |
| IFX:FFInfineon Technologies AG Infineon Technologies Agnamens Aktien O N | 4.62% | 0.27% | 4.35% |
| DBK:FFDeutsche Bank Ag | 3.47% | 0.13% | 3.34% |
| DHL:SGDhl Group | 3.03% | 0.12% | 2.91% |
| BAYN:SGBayer Ag | 2.63% | 0.12% | 2.51% |
| EOAN:FFE.on Se Common Stock | 2.36% | 0.10% | 2.26% |
| MBG:SGMercedes-Benz Group AG Mercedes Benz Group Agnamens Aktien O N | 1.93% | 0.08% | 1.85% |
| MTX:SGMtu Aero Engines Ag | 1.11% | 0.05% | 1.06% |
| CBK:MUCommerzbank Ag | 0.99% | 0.06% | 0.93% |
42.2% of DAX is already inside VXUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, DAX or VXUS?
DAX has an expense ratio of 0.20% while VXUS charges 0.05%. VXUS is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, DAX or VXUS?
Over the past year DAX returned +8.26% vs +27.58% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (12 years), DAX annualized +6.59% vs +4.93% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DAX or VXUS?
DAX has been the more volatile fund at 19.1% annualized versus 15.0% for VXUS. Worst drawdown: DAX -48.6% vs VXUS -39.9%.
Should I hold both DAX and VXUS?
DAX and VXUS have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DAX and VXUS?
At least 42.2% of DAX's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 40 positions we hold weights for in DAX and 8,094 in VXUS.
Which pays a higher dividend, DAX or VXUS?
DAX yields 2.06% while VXUS yields 2.59%, so VXUS currently pays the higher dividend yield.
Is VXUS better than DAX?
VXUS has a lower expense ratio. DAX led over 3Y, 5Y and the full window, VXUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.