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iShares Core DAX® UCITS ETF (DE)

iShares · DE000A2QP331

iShares Core DAX® UCITS ETF (DE) is an exchange-traded fund (ETF) from iShares, traded under the ticker EXIC (ISIN DE000A2QP331). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they…

· Tracks the DAX index ?
Equity ?Distributing ?Physical ?Germany ?
Low yearly feePays cash dividendsOwns the shares directlyOtherConcentrated in a few names
Fund size (AUM) ?
€8.3B
Risk level (SRI) ?
6 / 7 · High
1-year return ?
+2.7%
Total return · to 2026-07-24
Dividend yield
2.34%
Trailing 12 months
Yearly fee (TER) ?
0.16%
All-in cost ≈ 0.16%

About this fund

What you own

The DAX index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 45 companies across Other in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

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You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.16%Yearly fee (TER)
0.16%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
DAX
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Apr 2021
5-year track record
Recommended holding period
medium to long term

Performance

98.299.2100101102202520252025

Growth of €100 invested — both lines start at €100.

iShares Core DAX® UCITS ETF (DE) Average DAX ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+1.9%
1 year+2.7%
3 years+14.3%
5 years+7.9%

Return, year by year

-15.0
+16.2
+18.1
+22.6
'22'23'24'25
3 of 4 up yearsBest: 2025 +22.6%Worst: 2022 -15.0%Calendar-year total returns, in EUR

How bumpy has it been?

16.3%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-15.9%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.93
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

+46.8%
Since inception
Total growth since launch — about +7.9% a year.
+37.1%
Best 12 months
The strongest one-year stretch on record.
-24.7%
Worst 12 months
The weakest one-year stretch on record.
-28.6%
Worst fall on record ?
It clawed back in about 17 months.

Dividend history

This fund pays its dividends out to you (Quarterly). Recent payments per share:

Ex-dateAmount / share
2026-06-15€0.0475
2025-09-15€0.0979
2025-06-16€0.0215
2024-09-16€0.0794
2024-06-17€0.038

What's inside

By sector ?

Industrials36.3%
Financials20.4%
Technology13.8%
Health Care6.6%
Consumer Discretionary6.6%
Communication Services5.3%
Utilities4.6%
Materials4.4%

The 10 biggest holdings make up 64.6% of the fund — the rest is spread across roughly 35 more companies.

Top 10 holdings

#CompanyWeight
1SIEMENS N AG11.7%
2ALLIANZ9.1%
3SAP8.1%
4SIEMENS ENERGY N AG7.9%
5AIRBUS7.0%
6INFINEON TECHNOLOGIES AG5.7%
7DEUTSCHE TELEKOM N AG5.0%
8MUENCHENER RUECKVERSICHERUNGS-GESE3.6%
9DEUTSCHE BANK AG3.5%
10RHEINMETALL AG3.0%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
FrankfurtEXICEUR★ Primary
EUR listings
AVEX49EUR
B3EX49VEUR
B3EXICDEUR
E1EXICEUREUR
EBEXICDEUR
EOEXICEUREUR
EPEXICEUREUR
EUEXICEUREUR
EZEXICEUREUR
GDEXICEUR
GFEXICEUR
GHEXICEUR
GMEXICEUR
GSEXICEUR
GTEXICEUR
GZEXICEUR
I2EXICDEUR
IXEXICDEUR
L1EXICDEUR
L1EX49VEUR
L3EX49VEUR
L3EXICDEUR
LAEXICEUR
London Stock ExchangeEXICEUR
LUEXICEUR
POEXICDEUR
POEX49VEUR
QEEXICDEUR
QTEXICEUR
QXEXICDEUR
S1EXICDEUR
S4EXICDEUR
THEXICEUR
X1EXICEUREUR
X2EXICEUREUR
X9EXICEUREUR
XAEXICEUREUR
XEEXICEUREUR
XETRAEXICEUR
XFEXICEUREUR
XGEXICEUREUR
XHEXICEUREUR
XJEXICEUREUR
XLEXICEUREUR
XOEXICEUREUR
XQEXICEUREUR
XTEXICEUREUR
XUEXICEUREUR
XVEXICEUREUR
XWEXICEUREUR
XXEXICEUREUR
XZEXICEUREUR
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-24 · the fund's own published holdings.

#CompanyWeight
1SIEMENS N AG11.7%
2ALLIANZ9.1%
3SAP8.1%
4SIEMENS ENERGY N AG7.9%
5AIRBUS7.0%
6INFINEON TECHNOLOGIES AG5.7%
7DEUTSCHE TELEKOM N AG5.0%
8MUENCHENER RUECKVERSICHERUNGS-GESE3.6%
9DEUTSCHE BANK AG3.5%
10RHEINMETALL AG3.0%
11DEUTSCHE POST AG3.0%
12BAYER AG2.9%
13DEUTSCHE BOERSE AG2.7%
14E.ON N2.4%
15BASF N2.4%
16RWE AG2.1%
17ADIDAS N AG1.9%
18MERCEDES-BENZ GROUP N AG1.9%
19DAIMLER TRUCK HOLDING E AG1.3%
20HEIDELBERG MATERIALS AG1.3%
21MTU AERO ENGINES HOLDING AG1.2%
22BMW AG1.1%
23MERCK1.1%
24FRESENIUS SE AND CO KGAA1.0%
25VONOVIA SE0.9%
26VOLKSWAGEN NON-VOTING PREF AG0.9%
27HANNOVER RUECK0.8%
28COMMERZBANK AG0.8%
29SIEMENS HEALTHINEERS AG0.7%
30SYMRISE AG0.7%
31HENKEL & KGAA PREF AG0.6%
32GEA GROUP AG0.5%
33HOCHTIEF AG0.5%
34CONTINENTAL AG0.5%
35FRESENIUS MEDICAL CARE AG0.5%
36QIAGEN NV0.4%
37BEIERSDORF AG0.4%
38ZALANDO0.4%
39BRENNTAG0.4%
40SCOUT24 N0.3%
41EUR CASH0.1%
42CASH COLLATERAL EUR MLIFT0.0%
43USD CASH0.0%
44ETD EUR BALANCE WITH R676750.0%
45DAX INDEX SEP 260.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 89% of similar ETFs💰 All-in cost cheaper than 91%📈 Higher 1-yr return than 29%📈 Higher 3-yr return than 75%📈 Higher 5-yr return than 64%📊 Behind its category by 6.7% (1-yr) (category average +9.4%)📊 Beat its category by 7.6% (3-yr) (category average +6.7%)📊 Beat its category by 4.6% (5-yr) (category average +3.3%)

Versus the Equity (stocks) · Other · EUR ETFs we track.

Advanced risk

1.36
Sortino (3y) ?
0.90
Calmar (3y) ?
11.3%
Downside deviation ?
58%
Up months (hit rate) ?
€7.34
52-week high ?
€6.41
52-week low ?

Concentration depth

~18 ?
Effective number of holdings

Roughly 45 companies are held, but the largest names carry most of the weight — so it behaves like ~18 equal-sized positions.

Tilt vs a world tracker

Germany+90.9
United States-72.1
Industrials+24.7
Technology-15.4
Japan-5.9
France+4.5

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

−€109M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Other stocks
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Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksDistributingPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedDAXTechnology Select Sector IndexFTSE Developed ex US IndexFinancial Select Sector Index® ® S&p® 500 Hdg® ® S&p® 500 Mxn HdgHealth Care Select Sector Index
Yearly fee (TER)0.16%0.08%0.03%0.08%0.05%0.05%0.08%
All-in cost0.16%0.00%0.00%0.00%0.06%0.06%0.00%
Fund size€8.3B€106.4B€56.1B€49.2B€38.1B€37.9B€37.3B
DomicileGermanyUnited StatesUnited StatesUnited StatesIrelandIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+14.3%+31.3%+13.9%+19.4%+8.3%
5-yr return p.a.+7.9%+19.6%+6.7%+9.1%+4.6%
# holdings45761,4948050550563

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Data as of 2026-07-24 · Source: issuer data, compiled by Finance Hamster

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