iShares Core DAX® UCITS ETF (DE)

What this fund is

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 do well — and their falls when they don't, spread across its target market. It follows the Dax® (de) index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include SIEMENS N AG, ALLIANZ and SAP. It holds around 45 positions (the ten largest ≈ 64.4%), spreading risk so no single holding decides your outcome.

Its biggest country exposures are ~93% Germany, ~6.9% France and ~0.1% European Union. Its heaviest sectors are ~36.3% Industrials and ~20.4% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.16% a year — about €16 a year on a €10,000 holding, taken automatically from the fund. It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 2.27% (its trailing yield).

It holds the underlying investments directly (physical replication); it is domiciled in Germany and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 16.2% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2021. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)