The MDAX is a stock index which lists German companies. The index is calculated by Deutsche Börse.

Foundation19 January 1996
OperatorDeutsche Börse
ExchangesFrankfurt Stock Exchange
TypeMid-cap, non-technology sectors
Market cap42.9 billion (end 2008)[2]
Weighting methodCapitalization-weighted
Related indicesDAX, TecDAX, SDAX

It includes the 60 Prime Standard shares from sectors excluding technology that rank immediately below (in value of market capitalization) the 30 companies included in the DAX index. The company size is based on terms of order book volume and market capitalization.

The index is based on prices generated in the electronic trading system Xetra.


The following 60 companies make up the index as of the quarterly review effective on 24 September 2018.1

1&1 DrillischDRITelecommunication
Aareal Bank AGARLBanking
Airbus SE (former EADS)AIRAerospace manufacturer and Defense
Alstria office REIT-AGAOXReal Estate
Aroundtown SAAT1Commercial real estate
Aurubis AGNDACommodities (Copper)
Axel Springer SESPRMedia
Bechtle AGBC8IT Services
Brenntag AGBNRTrading (Chemicals)
Commerzbank AGCBKBanking
CTS EventimEVDTrading
Delivery Hero SEDHEROnline food ordering
Deutsche EuroShop AGDEQShopping Centers
Deutsche Pfandbriefbank AGPBBBanking
Deutsche Wohnen AGDWNIReal Estate
Dürr AGDUEAutomotive
Evonik IndustriesEVKChemicals
FielmannFIETrading (Ophthalmic optics)
Freenet AGFNTNTelecommunications
Fuchs Petrolub SEFPEChemicals
GEA GroupG1AMachine building
GerresheimerGXIPackaging of medicaments
Grand City PropertiesGYCReal estate
Hannover Rück SEHNR1Insurance
Hella KGaA Hueck & Co.HLEAutomotive
Hugo BossBOSSTextiles
Innogy SEIGYEnergy
KION GroupKGXUtility vehicles
Lanxess AGLXSChemicals
LEG ImmobilienLEGReal Estate
Metro AGB4BWholesale and Retail
MTUMTXAircraft engine manufacturer
NemetschekNEMArchitecture, Engineering, Construction, Multimedia
Norma GroupNOEJJoining techniques
OsramOSRLighting technology
ProSiebenSat.1 MediaPSMMedia
Puma SEPUMClothing
RheinmetallRHMAutomotive and Defense
Rocket InternetRKETOnline retailing, Venture capital
RTL GroupRRTLMedia
Salzgitter AGSZGSteel
Sartorius AGSRTPharmaceuticals and Laboratory Equipment
Schaeffler Technologies AG & Co. KGSHAMechanical engineering
Scout24 AGG24Digital marketplaces
Siemens HealthineersSHLHealthcare
SiltronicWAFSilicon Wafers
Software AGSOWSoftware
SymriseSY1Producer of flavours and fragrances
TAGTEGReal Estate
Telefónica GermanyO2DTelecommunication
Uniper SEUN01Energy
United InternetUTDITelecommunications
Wacker ChemieWCHChemicals
Zalando SEZALE-commerce

^Note 1 : Source: de:MDAX.

See also


  1. "Deutsche Börse decides rule changes for MDAX, SDAX and TecDAX indices". Deutsche Börse. 18 May 2018.
  2. "MDAX Weighting 30.12.2008". Deutsche Börse. 30 December 2008. Retrieved 2009-03-21.
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