MDAX Logo

MDAX

ISIN

DE0008467416

Ticker

MDAXI

Country

Germany

Currency

EUR

Launch Date

1996

Constituents

50

Index Description

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 Type

Mid Cap

Max Constituents

50

Rebalancing Frequency

Quarterly

Composition Review

Quarterly

Benchmark

German stock market

Operator

Deutsche Börse Group

Constituents of MDAX (50)