- Changes in MDAX, SDAX and TecDAX, no adjustments in DAX
- New index adjustments will become effective on 23 December 2024
ZUG (December 4, 2024) – STOXX Ltd., part of the ISS STOXX group of companies and leading provider of benchmark and custom index solutions to global institutional investors, today announced the new composition of the DAX blue-chip indices.
Media Contact
Sarah Ball
Executive Director, Communications
press@iss-stoxx.com
DAX, MDAX, SDAX and TecDAX represent the largest companies (by free float market capitalization) on the Regulated Market of Frankfurt Stock Exchange, which meet the basic criteria as defined in the rulebook. The indices are reviewed every three months. The scheduled December review includes the Fast Exit and Fast Entry rules.
The following changes will be made:
MDAX
| Addition | Deletion |
|---|---|
| AUTO1 Group SE | Befesa SA |
| EVOTEC SE | STABILUS SE INH. ON |
SDAX
| Addition | Deletion |
|---|---|
| STABILUS SE INH. ON | EVOTEC SE |
| Befesa SA | AUTO1 Group SE |
| NEXUS AG | ADTRAN HOLDINGS INC. |
| Springer Nature AG & Co. KgAA | TAKKT AG |
| Formycon AG | thyssenkrupp nucera AG & Co. KGaA |
TecDAX
| Addition | Deletion |
|---|---|
| NEXUS AG | SMA Solar Technology AG |
| IONOS Group SE | Energiekontor AG |
All changes will become effective on 23 December 2024.
ADTRAN HOLDINGS INC. was excluded from the ranking list because it did not meet the requirements for minimum liquidity, according to the rulebook, section 5.4.2 Breach of the Basic Criteria.
The next scheduled index review of the DAX index family is 5 March 2025.
DAX®, MDAX®, SDAX® and TecDAX® are registered trademarks of ISS STOXX Index GmbH.
About STOXX
STOXX® and DAX® indices comprise a global and comprehensive family of more than 18,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation. stoxx.com
About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,500 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.
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