ISIN
DE0008467416
Ticker
MDAXI
Country
Germany
Currency
EUR
Launch Date
1996
Constituents
50
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.
Mid Cap
50
Quarterly
Quarterly
German stock market
Deutsche Börse Group