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DAX

DAX

Live chart for DAX · Indices

Open DAX in Full Chart

What is DAX?

The DAX tracks major companies listed on the Frankfurt Stock Exchange and is the primary benchmark index for the German stock market.

The index expanded from 30 to 40 constituent companies in 2021, broadening its representation of the German economy beyond its original, smaller set of components.

How to Trade DAX — Exchanges, Strategies & Risk Management

Where DAX is traded

The DAX isn't directly tradable, but investors can gain exposure through Germany-focused index funds and ETFs, or through futures and options contracts based on the index.

Common trading approaches

Because many DAX constituents are large exporters, some investors track the index alongside global trade trends and eurozone economic data, rather than viewing it as a pure domestic German indicator. Approaches range from long-term holding to tactical trading around European Central Bank policy decisions.

Risk management basics

The DAX can be influenced by both eurozone-wide economic conditions and global trade trends, given its export-heavy constituents. Currency risk (euro fluctuations) is also a consideration for investors based outside the eurozone.

This section is educational and general in nature — it is not personalized financial advice. Any trading or investment decision should be based on your own research and risk tolerance.

Key facts

  • Launched in 1988
  • Expanded from 30 to 40 constituents in 2021
  • Maintained by Deutsche Börse

Quick answers

What is the DAX?

The DAX is the primary stock market index for Germany, tracking major companies listed on the Frankfurt Stock Exchange.

How many companies are in the DAX?

The DAX expanded from 30 to 40 constituent companies in 2021.

Who maintains the DAX?

The DAX is maintained by Deutsche Börse.

Where can I view live DAX charts?

You can view a live, interactive DAX chart above, or open it in the full multi-chart grid using the button on this page.

How many companies are in the DAX?

The DAX tracks 40 of the largest companies listed on the Frankfurt Stock Exchange, spanning sectors like automotive, industrials, chemicals, and software.

Is DAX performance a good gauge of the German economy?

It offers a general signal, but DAX companies are large, often multinational businesses with substantial revenue from outside Germany, so the index doesn't move purely in line with domestic conditions.

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