List of Companies in the DAX 40 Index

The DAX 40 Index tracks the performance of the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. These companies, often referred to as German blue chips, represent a significant portion of the total market capitalization of the German stock market. The Industrial sector traditionally forms the largest and most influential part of the index, with significant contributions also coming from the Consumer Goods and Technology sectors.

The largest companies within the index, such as SAP, Siemens, Allianz, Deutsche Börse, and Volkswagen, hold a substantial share of the index’s total market capitalization. Consequently, their performance has a significant impact on the overall movement of the DAX.

Inclusion in the DAX 40 requires meeting strict criteria. A company must be listed on the Frankfurt Stock Exchange in the Prime Standard segment and demonstrate high stock liquidity through intensive trading volume. Its registered office or main operational activity must be in Germany, and it must meet stringent free float requirements, ensuring a significant portion of its shares are publicly tradable. Financial stability and profitability according to international accounting standards are mandatory, and the company must publish its financial results and reports in English.

The composition of the DAX 40 is not fixed. Committees at Deutsche Börse regularly review and update its composition. Companies that no longer meet the criteria, for example due to a decline in value, liquidity, or profitability, may be removed and replaced by others that qualify.

The DAX 40 Index serves as the foundation for many popular investment products, particularly Exchange-Traded Funds (ETFs) such as the iShares Core DAX UCITS ETF (EXS1) or Xtrackers DAX UCITS ETF (DBX1). These ETFs allow investors to gain exposure to this broad segment of the German equity market easily and cost-effectively. Alongside the main DAX 40, other significant German indices include the MDAX (mid-cap companies), TecDAX (technology companies), and SDAX (small-cap companies).

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The table of companies in the DAX 40 Index provides a sample overview of which companies are currently part of this prestigious index.

The table of companies in the DAX 40
StockPriceChange %Marketcap
SAP
SAP
SAP
$269.931.02%314.36B
SIE.DE
Siemens
SIE.DE
€231.450.98%181.28B
DTE.DE
Deutsche Telekom
DTE.DE
€29.190.62%143.04B
P911.DE
Porsche
P911.DE
€41.280.00%37.61B
AIR.PA
Airbus
AIR.PA
€199.080.85%156.74B
ALV.DE
Allianz
ALV.DE
€363.301.65%140.07B
MBG.DE
Mercedes-Benz
MBG.DE
€54.151.27%52.14B
MRK.DE
Merck KGaA
MRK.DE
€120.4510.05%52.37B
VOW3.DE
Volkswagen
VOW3.DE
€92.921.04%47.41B
BMW.DE
BMW
BMW.DE
€85.800.42%52.27B
SHL.DE
Siemens Healthineers
SHL.DE
€46.300.61%51.93B
BAYZF
Bayer A.G.
BAYZF
$33.132.44%32.55B
MUV2.DE
Munich RE (Münchener Rück)
MUV2.DE
€547.600.77%70.97B
IFX.DE
Infineon
IFX.DE
€33.551.05%43.59B
BAS.DE
BASF
BAS.DE
€42.810.99%38.21B
DB1.DE
Deutsche Börse
DB1.DE
€226.900.53%41.58B
EOAN.DE
E.ON
EOAN.DE
€16.080.41%42.02B
HEN3.DE
Henkel
HEN3.DE
€69.000.44%27.53B
RWE.DE
RWE
RWE.DE
€39.073.31%28.37B
BEI.DE
Beiersdorf
BEI.DE
€88.700.34%19.64B
ADS.DE
Adidas
ADS.DE
€186.553.99%33.31B
DTG.F
Daimler Truck
DTG.F
€35.010.06%26.68B
HNR1.DE
Hannover Rück
HNR1.DE
€256.600.00%30.95B
SRT.DE
Sartorius
SRT.DE
€176.809.54%13.57B
DB
Deutsche Bank
DB
$35.510.27%68.81B
ENR.F
Siemens Energy
ENR.F
€104.355.04%83.37B
VNA.DE
Vonovia
VNA.DE
€26.660.41%22.28B
PAH3.DE
Porsche SE
PAH3.DE
€33.740.87%10.33B
SY1.DE
Symrise
SY1.DE
€74.680.86%10.44B
FMS
Fresenius Medical Care
FMS
$26.641.18%15.63B
HEI.DE
HeidelbergCement
HEI.DE
€191.400.08%34.15B
MTX.DE
MTU Aero Engines
MTX.DE
€395.101.07%21.25B
CON.DE
Continental
CON.DE
€57.061.67%11.41B
CBK.F
Commerzbank
CBK.F
€32.672.06%36.96B
RHM.F
Rheinmetall
RHM.F
€1,947.001.77%86.88B
BNR.DE
Brenntag
BNR.DE
€52.042.24%7.51B
ZAL.DE
Zalando
ZAL.DE
€26.281.04%6.81B
QGEN
Qiagen
QGEN
$46.323.66%10.04B
1COV.F
Covestro
1COV.F
€59.042.11%11.16B