Deutsche Börse: Review of the DAX index family

– Changes in MDAX, SDAX and TecDAX
– No changes in DAX

Qontigo’s global index provider STOXX Ltd. has announced the new composition of the DAX index family, which will become effective on 19 June 2023.
DAX, MDAX, SDAX and TecDAX represent the largest companies on the Regulated Market of Frankfurt Stock Exchange; they are reviewed every three months. Selection is based on free float market capitalization. In the June review, the DAX index family is reviewed by the Fast Exit and Fast Entry rules, according to the „Guide to the DAX Equity Indices“.

Changes in MDAX:

Addition 

Deletion

Evotec SE

ADTRAN HOLDINGS INC.

Krones AG

Aroundtown SA

Software AG

United Internet AG

Shop Apotheke Europe N.V.

Siltronic AG

Changes in SDAX:

Addition 

Deletion

Aroundtown SA

Krones AG

United Internet AG

Software AG

Siltronic AG

Shop Apotheke Europe N.V.

ADTRAN HOLDINGS INC.

DIC Asset AG

Changes in TecDAX:

Addition 

Deletion

Evotec SE

SUSE S.A.

The next scheduled index review of the DAX index family is 5 September 2023. 

MDAX®, SDAX® and TecDAX® are registered trademarks of Qontigo Index GmbH.

About Qontigo
Qontigo is a leading global provider of innovative index, analytics and risk solutions that optimize investment impact. As the shift toward sustainable investing accelerates, Qontigo enables its clients—financial-products issuers, asset owners and asset managers—to deliver sophisticated and targeted solutions at scale to meet the increasingly demanding and unique sustainability goals of investors worldwide.

Qontigo’s solutions are enhanced by both our collaborative, customer-centric culture, which allows us to create tailored solutions for our clients, and our open architecture and modern technology that efficiently integrate with our clients’ processes.
Part of the Deutsche Börse Group, Qontigo was created in 2019 through the combination of Axioma, DAX and STOXX. Headquartered in Eschborn, Germany, Qontigo’s global presence includes offices in New York, London, Zug and Hong Kong.
www.qontigo.com 

About STOXX
STOXX® and DAX® indices by Qontigo comprise a global and comprehensive family of more than 16,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, Qontigo’s 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. is the administrator of the STOXX and DAX indices under the European Benchmark Regulation and exercises control over all benchmark administration processes within Qontigo.

Legal disclaimer:
STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers. 

Click here for further information on Gruppe Deutsche Börse.