Germany ETF Rises as DAX Challenges All-Time High

Germany ETF Rises as DAX Challenges All-Time High

Germany is helping to power the outperformance in European equities as the DAX index nears its all-time high. However, exchange traded funds tracking the German markets could begin to run out of gas as the economy appears to be slowing.

The iShares MSCI Germany Index Fund (NYSEArca: EWG) has gained 30% over the past year.

The Deutscher Aktien IndeX, or “DAX,” has increased 25.1% over the past year. The DAX is currently hovering around 7,708. The Index hit an all-time high of 8106 in July 2007.

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