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Stock index

MDAX.

MDAXI · Germany · 50 constituents

About this index

The MDAX, or Mid-Cap DAX, is a German stock index that represents 60 of the country's mid-cap companies, which are listed on the Frankfurt Stock Exchange. These companies come from various industries, such as industrial services, healthcare, and consumer goods, offering a diverse glimpse into the performance of Germany's mid-sized businesses. The MDAX serves as an important benchmark for investors interested in gaining exposure to the German market beyond the large-cap companies found in the DAX.

Like the DAX, the MDAX is a market capitalization-weighted index, which means that the weight of each company in the index is determined by its market value. This approach ensures that the more prominent mid-cap companies have a greater influence on the index's movements. For investors looking to diversify their exposure to the German market, the MDAX provides an opportunity to tap into the potential growth and innovation of the country's mid-sized businesses.

Index details

ISIN
DE0008467416
Currency
EUR
Constituents
50
Launched
1996-01-19
Type
Mid Cap
Operator
Deutsche Börse Group
Rebalancing
Quarterly

Constituents

50 companies
Company Ticker Industry Country
AIXTRON SE A leading provider of deposition equipment to the semiconductor industry. AIXA Manufacture of special-purpose machinery Germany
Aurubis AG A global provider of non-ferrous metals and one of the world's largest copper recyclers. NDA Manufacture of basic precious and other non-ferrous metals Germany
Bechtle AG An IT provider with a hybrid model of e-commerce and comprehensive IT services. BC8 Computer consultancy and computer facilities management activities Germany
Befesa S.A. Provides regulated environmental recycling services for steel and aluminum industries. BFSA Materials and other waste recovery Luxembourg
Carl Zeiss Meditec AG A global medical technology company for ophthalmology and microsurgery. AFX Manufacture of irradiation, electromedical and electrotherapeutic equipment Germany
CTS Eventim AG & Co. KGaA An international provider of ticketing services and live entertainment. EVD Support activities to arts creation and performing arts Germany
Delivery Hero SE A global delivery platform for food, groceries, and other household essentials. DHER Courier activities Germany
Deutsche Lufthansa AG A global aviation group providing passenger, cargo, and aviation services. LHA Passenger air transport Germany
Dürr AG Mechanical and plant engineering firm for automation, painting, and assembly systems. DUE Manufacture of special-purpose machinery Germany
ENCAVIS AG An independent power producer operating a portfolio of solar and wind farms in Europe. ECV Electric power generation, transmission and distribution activities Germany
Evonik Industries AG A global specialty chemicals company providing sustainable solutions for diverse industries. EVK Manufacture of other chemical products Germany
Evotec SE A life science company offering drug discovery and development partnership solutions. EVT Research and experimental development on natural sciences and engineering Germany
Fraport AG Manages and operates airports worldwide with a full spectrum of integrated services. FRA Support activities for transportation Germany
freenet AG A network-independent provider of mobile, TV, and internet services and tariffs. FNTN Telecommunication reselling activities and intermediation service activities for telecommunication Germany
Fresenius Medical Care AG & Co. KGaA A global provider of products and services for individuals with renal diseases. FME Medical and dental practice activities Germany
FUCHS PETROLUB SE A global developer and producer of lubricants and related specialty products. FPE3 Manufacture of refined petroleum products; manufacture of fossil fuel products Germany
GEA Group AG Global technology company supplying systems for the food, beverage, and pharma sectors. G1A Manufacture of special-purpose machinery Germany
Gerresheimer AG Provider of packaging and drug delivery systems for pharma, biotech, and cosmetics. GXI Manufacture of plastics products Germany
HELLA GmbH & Co. KGaA Automotive supplier specializing in lighting technology and vehicle electronics. HLE Manufacture of lighting equipment Germany
HelloFresh SE A global food solutions group offering subscription-based meal kits and ready-to-eat meals. HFG Event catering and other food service activities Germany
HENSOLDT AG A defense and security electronics company specializing in advanced sensor solutions. HAG Manufacture of measuring, testing, navigating and control equipment; watches and clocks Germany
Hochtief AG An engineering-led global infrastructure group providing solutions for the entire project lifecycle. HOT Construction of other civil engineering projects Germany
HUGO BOSS AG A global fashion and lifestyle company offering premium apparel and accessories. BOSS Manufacture of wearing apparel, except fur apparel Germany
JENOPTIK AG A global photonics group specializing in optical and micro-optical systems. JEN Manufacture of optical instruments and photographic equipment Germany
Jungheinrich AG Global provider of intralogistics solutions, from industrial trucks to automated systems. JUN3 Manufacture of general-purpose machinery Germany
KION GROUP AG Global provider of supply chain solutions, industrial trucks, and warehouse automation. KGX Manufacture of general-purpose machinery Germany
Knorr-Bremse AG Global leader in braking systems and safety-critical subsystems for rail and commercial vehicles. KBX Manufacture of parts and accessories for motor vehicles Germany
KRONES AG Manufactures machines and turnkey systems for the beverage and food industries. KRN Manufacture of special-purpose machinery Germany
K+S AG Supplier of potash and salt for agricultural, industrial, consumer, and community uses. SDF Mining and quarrying n.e.c. Germany
LANXESS AG Develops and manufactures chemical intermediates, additives, and specialty chemicals. LXS Manufacture of other chemical products Germany
LEG Immobilien SE Manages 167,000 rental properties, mainly in North Rhine-Westphalia. LEG Real estate activities with own or leased property Germany
Nemetschek SE Software provider for the AEC/O and media & entertainment industries. NEM Computer programming activities Germany
Nordex SE Global OEM developing, manufacturing, and servicing onshore wind energy systems. NDX1 Manufacture of general-purpose machinery Germany
ProSiebenSat.1 Media SE A mass media and digital company focused on entertainment and infotainment. PSM Television programming, broadcasting and video distribution activities Germany
PUMA SE A global sports brand that designs and sells footwear, apparel, and accessories. PUM Manufacture of wearing apparel, except fur apparel Germany
RATIONAL AG A global leader in hot food preparation for professional kitchens. RAA Manufacture of special-purpose machinery Germany
Redcare Pharmacy N.V. A European one-stop online pharmacy with over 150,000 health and care products. SAE Retail sale of other goods, except motor vehicles and motorcycles Netherlands
RTLGroup Entertainment company with broadcast, streaming, content, and digital media operations. RTLL Television programming, broadcasting and video distribution activities Luxembourg
Scout24 AG Operates an online platform for residential and commercial real estate transactions. G24 Web search portals activities and other information service activities Germany
Sixt SE International mobility provider offering rental, car sharing, ride-hailing, and subscriptions. SIX3 Rental and leasing of motor vehicles Germany
SMA Solar Technology AG Global specialist in photovoltaic system technology, developing inverters and storage. S92 Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus Germany
Stabilus SE Global provider of motion control solutions for automotive and industrial applications. STM Web search portals activities and other information service activities Germany
Ströer SE & Co. KGaA A digital multi-channel media company specializing in out-of-home (OOH) advertising. SAX Advertising activities Germany
TAG Immobilien AG Acquires, develops, and manages residential properties in its domestic market and Poland. TEG Real estate activities with own or leased property Germany
Talanx AG A multi-brand insurance group with a B2B focus, active in over 175 countries. TLX Reinsurance Germany
TeamViewer AG Provides a connectivity platform for remote access, control, and monitoring of devices. TMV Computer programming activities Germany
Telefonica Deutschland Holding AG An integrated telecommunications provider of mobile and fixed-line services. O2D Wired, wireless, and satellite telecommunication activities Germany
thyssenkrupp AG Diversified industrial group in steel, materials, industrial engineering, and marine systems. TKA Manufacture of special-purpose machinery Germany
Vitesco Technologies Group AG Develops and manufactures powertrain technologies with a focus on electrification. VTSC Manufacture of parts and accessories for motor vehicles Germany
Wacker Chemie AG A chemical and biotech company making silicones, polymers, and offering CDMO services. WCH Manufacture of other chemical products Germany