Summary
The MDAX® ESG+ index objective is to reflect the performance of the MDAX index while using ESG exclusion filters to remove at least 20% of the MDAX constituents. Companies that fail to meet norms-based screening, controversial weapons screening, minimum ESG ratings and a series of business activity screenings, as identified by ISS ESG, are excluded. If less than 20% of the components of the MDAX are excluded, the worst performing companies in terms of ESG Score are excluded. Removed companies are not replaced, therefore the MDAX ESG+ index will have fewer holdings than the parent MDAX index (MDAX focuses on midcap companies by tracking the performance of the 50 stocks which follow DAX® companies in terms of free-float market capitalization)
Index Guides, Benchmark statement, and other reports are available under the "Data & Methodology" tab.
Details
Top 10 Components
FRESENIUS MEDICAL CARE | DE |
GEA GRP | DE |
LUFTHANSA | DE |
SCOUT24 | DE |
LEG IMMOBILIEN | DE |
PUMA | DE |
KNORR BREMSE | DE |
TALANX | DE |
RATIONAL | DE |
EVONIK INDUSTRIES | DE |