List of Companies in the DAX 40 Index | Full Members

Deutsche Börse Group has been calculating the DAX 40 Index (Deutscher Aktienindex) since July 1, 1988, starting from a base value of 1,000 set on 30 December 1987. Originally composed of 30 members, the index was expanded to 40 constituents effective September 20, 2021, following a rules overhaul prompted by the Wirecard accounting scandal. The DAX 40 represents around 80% of the market capitalization of all listed stock corporations in Germany.

Unlike most major country indices, the DAX is most commonly quoted as a performance (total return) index, meaning dividends are reinvested in the calculation. Xetra, the primary electronic trading platform of the Frankfurt Stock Exchange, recalculates the index every second. Individual components are capped at a maximum weight of 15%, rebalanced quarterly.

The main sectors and some of the largest DAX 40 companies by market cap include:

  • Technology: SAP SE
  • Industrials: Siemens AG, Airbus SE, Rheinmetall AG
  • Financials: Allianz SE, Munich Re, Deutsche Bank AG
  • Communication Services: Deutsche Telekom AG
  • Automotive: Mercedes-Benz Group AG, BMW, Volkswagen AG
  • Logistics: Deutsche Post AG / DHL

To join the DAX, a company must be listed on the Regulated Market of the Frankfurt Stock Exchange with continuous Xetra trading, maintain a minimum free float of 10%, and have its legal or operating headquarters in Germany. Non-members seeking entry must also show positive EBITDA for the two most recent fiscal years. Composition is reviewed quarterly and semi-annually using fast-exit, fast-entry, and regular review rules.

Two widely used ETFs track the index: the Xtrackers DAX UCITS ETF 1C (DBXD) and the iShares Core DAX UCITS ETF (EXS1). Both replicate the full DAX 40 portfolio. You can explore more options on our best DAX 40 tracker ETFs page, or compare constituents with the Euro Stoxx 50.

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The table below lists all current DAX 40 companies with live share prices, market capitalizations, and key data.

The table of companies in the DAX 40
StockPriceChange %Marketcap
SAP
SAP
SAP
$175.804.98%206.72B
SIE.DE
Siemens
SIE.DE
€203.753.11%159.58B
DTE.DE
Deutsche Telekom
DTE.DE
€31.621.65%152.98B
P911.DE
Porsche
P911.DE
€36.310.41%33.08B
AIR.PA
Airbus
AIR.PA
€160.921.85%127.01B
ALV.DE
Allianz
ALV.DE
€347.601.59%132.17B
MBG.DE
Mercedes-Benz
MBG.DE
€50.861.51%45.00B
MRK.DE
Merck KGaA
MRK.DE
€104.053.07%45.24B
VOW3.DE
Volkswagen
VOW3.DE
€85.380.35%42.80B
BMW.DE
BMW
BMW.DE
€75.760.76%46.00B
SHL.DE
Siemens Healthineers
SHL.DE
€36.551.19%40.82B
BAYZF
Bayer A.G.
BAYZF
$44.394.27%44.17B
MUV2.DE
Munich RE (Münchener Rück)
MUV2.DE
€520.801.66%68.44B
IFX.DE
Infineon
IFX.DE
€37.651.48%49.02B
BAS.DE
BASF
BAS.DE
€46.000.28%40.68B
DB1.DE
Deutsche Börse
DB1.DE
€243.302.37%44.59B
EOAN.DE
E.ON
EOAN.DE
€18.484.22%48.31B
HEN3.DE
Henkel
HEN3.DE
€66.160.27%26.93B
RWE.DE
RWE
RWE.DE
€56.182.74%40.09B
BEI.DE
Beiersdorf
BEI.DE
€72.740.14%15.90B
ADS.DE
Adidas
ADS.DE
€133.500.19%23.68B
DTG.F
Daimler Truck
DTG.F
€39.413.43%30.17B
HNR1.DE
Hannover Rück
HNR1.DE
€260.001.74%31.36B
SRT.DE
Sartorius
SRT.DE
€164.200.97%11.34B
DB
Deutsche Bank
DB
$28.473.16%55.22B
ENR.F
Siemens Energy
ENR.F
€139.354.82%119.19B
VNA.DE
Vonovia
VNA.DE
€21.440.79%18.19B
PAH3.DE
Porsche SE
PAH3.DE
€31.450.16%9.63B
SY1.DE
Symrise
SY1.DE
€69.440.37%9.71B
FMS
Fresenius Medical Care
FMS
$21.642.13%12.47B
HEI.DE
HeidelbergCement
HEI.DE
€171.303.16%30.14B
MTX.DE
MTU Aero Engines
MTX.DE
€306.503.34%16.49B
CON.DE
Continental
CON.DE
€57.800.66%11.56B
CBK.F
Commerzbank
CBK.F
€30.124.20%34.07B
RHM.F
Rheinmetall
RHM.F
€1,505.503.34%69.66B
BNR.DE
Brenntag
BNR.DE
€48.481.19%7.00B
ZAL.DE
Zalando
ZAL.DE
€21.893.53%5.65B
QGEN
Qiagen
QGEN
$39.931.77%8.23B
1COV.F
Covestro
1COV.F
€59.580.80%12.37B