Three additions to the MDAX

• No adjustments in DAX and TecDAX
• New index composition will become effective on 18 December

STOXX Ltd. has announced the new composition of the DAX index family.
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

Aroundtown SA ProSiebenSat.1 Media SE

Siltronic AG Dürr AG

Krones AG Befesa SA

SDAX:

Addition  Deletion

ProSiebenSat.1 Media SE Aroundtown SA

Dürr AG Siltronic AG

Befesa SA Krones AG

SCHOTT PHARMA INH O.N. ZEAL NETWORK SE NA O.N.

Mutares SE & Co. KGaA NEW WORK SE

KSB SE & Co. KGaA Vz secunet Security Networks AG

ZEAL NETWORK SE NA O.N. was excluded from the ranking list because it did not meet the requirements for minimum liquidity, according to the rulebook, section 5.1.2 Breach of the Basic Criteria.

All changes will become effective on 18 December 2023. 

The next scheduled index review of the DAX index family is 5 March 2024. 

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 17,000 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.

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 3,400 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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