Recon Capital Launches First U.S.-Listed DAX ETF

Over the past week, the DAX has increased 4.3% but the index has declined 13.1% year-to-date. In comparison, the iShares MSCI Germany ETF (NYSEArca: EWG), the largest U.S.-listed Germany ETF, gained 1.3% over the past week and declined 16.4% year-to-date.

Recon Capital also offers one other ETF, the Recon Capital NASDAQ-100 Covered Call ETF (Nasdaq: QYLD). QYLD provides a covered-call strategy that targets Nasdaq-100 securities.

DAX Index

Source: Yahoo! Finance

For more information on new fund products, visit our new ETFs category.