TecDAX

Description

The TecDAX is a German stock index that focuses on the 30 largest and most liquid technology companies listed on the Frankfurt Stock Exchange. It represents a diverse range of technology-oriented industries, including software, biotechnology, and telecommunications, offering investors insight into Germany's thriving tech sector. The TecDAX is an important benchmark for those interested in gaining exposure to the growth and innovation potential of German technology firms.

As a market capitalization-weighted index, the TecDAX assigns weights to its constituent companies based on their market value, ensuring that larger and more influential firms have a greater impact on the index's movements. Investors looking to diversify their exposure to the German market and tap into the technology sector can consider the TecDAX, as it provides access to the country's leading tech companies while benefiting from the diversification across various technology sub-sectors.

Index Details

ISIN:

DE0007203275

Currency:

EUR

Constituents:

30

Launch Date:

2003-03-24

Index Type:

Operator:

Deutsche Börse Group

Rebalancing:

Quarterly

Website:

https://deutsche-boerse.com/dbg-en/?wp=DE0007203275