Market trends

Prices for the metal have climbed 24% this year amid ongoing structural demand and mining disruptions. The STOXX® Global Copper Miners index has performed more than twice as well — jumping 55% in 2025. We look at what’s inside the index.

Germany’s DAX is outperforming pan-European indices and its ETFs are luring record flows in 2025. Veronika Kylburg, Head of Global Benchmarks DAX at STOXX, discusses with the ETF publication what some of the drivers are behind this performance and explores the benchmark’s methodology changes since 2018.

The STOXX Global Junior Gold Miners and STOXX Global Silver Mining indices have each risen 126% in 2025 amid record prices for the underlying precious metals.

In a recent webinar, Lukas Ahnert, Senior Product Specialist at Xtrackers by DWS, and Arun Singhal, Head of Product Management and Client Success at STOXX, discussed the drivers behind Europe’s stock rally and the latest investment strategies designed in collaboration by both firms.

Large-scale investments in the area of AI infrastructure — such as semiconductors and cloud computing — herald gains in company efficiencies and profits in coming years. The iShares AI Infrastructure UCITS ETF, which tracks a STOXX index, has topped USD 100 million in assets only nine months following its launch in December last year.

The STOXX World AC index added 2.6% last month in US dollars to a new record, and rose 0.3% in euros. US stocks and Value indices led the advance for a second consecutive month.

The STOXX World AC index added 1.4% last month in US dollars and 4% in euros. US stocks and Value indices led the advance.

‘Made for Germany’ initiative from 61 firms, nearly half of which are DAX constituents, was presented to Chancellor Friedrich Merz as means to foster innovation, employment and competitiveness. The announcement comes amid the government’s spending plans to boost economic growth and investors’ mounting interest in German stocks this year.

ETFs tracking a STOXX or DAX index received a net EUR 23.4 billion in the first half of the year as the EURO STOXX 50, STOXX Europe 600, DAX and MDAX surged. Nearly 44% of all net flows into EMEA-focused equity funds over the period went to those tracking STOXX and DAX indices.

The STOXX World AC index added 4.5% last month in US dollars but only 1.1% in euros as the common currency advanced 3.1% against the greenback. The STOXX USA 500 rose 5.3%, above its February all-time high.

The STOXX World AC index added 5.8% last month in US dollars, erasing its 2025 losses. The Eurozone’s EURO STOXX 50 climbed 5.4%. Germany’s DAX advanced 6.7%, taking its gain this year to 21%.

The ability of minimum volatility indices to protect portfolios against major pullbacks and deliver stable returns gains relevance during market downturns.