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Xtrackers DAX (DBXD)Overvalued or undervalued?
Look-through valuation · Core UCITS · Expense ratio 0.09 % · ISIN LU0274211480
Price history (since 2007)
Monthly close since 2007. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Siemens Aktiengesellschaft SIE | 11.7 % | −45.3 % | 59 |
| SAP SE SAP | 10.8 % | −13.6 % | 81 |
| Allianz SE VNA O.N. ALV | 9.6 % | −42.2 % | 63 |
| Airbus Group SE AIR | 6.5 % | −42.0 % | 52 |
| Siemens Energy AG ENR | 6.5 % | −72.6 % | 59 |
| Deutsche Telekom AG DTE | 5.5 % | −9.0 % | 56 |
| Infineon Technologies AG IFX | 4.1 % | −69.4 % | 58 |
| Deutsche Bank Aktiengesellschaft DBK | 3.7 % | n/a | n/a |
| Münchener Rück AG MUV2 | 3.7 % | −15.4 % | 52 |
| Deutsche Börse AG DB1 | 3.0 % | −20.6 % | 61 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 10 largest of 10 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about DBXD
Is DBXD overvalued?
What is the fair value of DBXD?
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Which stocks drive the valuation of DBXD?
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How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Xtrackers DAX UCITS ETF 1C an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.