MDAX


The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by Deutsche Börse.
It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. The company size is calculated based on a combination of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra.
In 2021, in response to the Wirecard scandal, the number of constituents in the DAX was increased from 30 to 40, while the number of constituents in the MDAX was reduced from 60 to 50.
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Companies

The following 50 companies make up the index as of the quarterly review effective on January 15, 2023.
LogoNameIndustryIndex weightingNumber of
Shares		Free-float-

in Mio. €		LocationSymbol
Aixtron SESemiconductor industry2,98113.402.3704.325,62HerzogenrathAIXA
Aroundtown S.A.Real estate1.491,536,397,7972,061.72LuxemburgAT1
Aurubis AGMetals1,5944.956.7232.307,09HamburgNDA
Bechtle AGIT services2,57126.000.0003.741,68NeckarsulmBC8
Befesa S.A.Waste management1.111,530.47RatingenBFSA
Bilfinger SEMannheimGBF
Carl Zeiss Meditec AGMedical technology2,4589.440.5703.555,14JenaAFX
CTS Eventim AG & Co. KGaALeisure-events2,5696.000.0003.713,64MünchenEVD
Delivery HeroDelivery service4,23269.536.4216.136,97BerlinDHER
Deutsche Lufthansa AGAirlines5,691.195.485.6448.267,54KölnLHA
Encavis AGRenewable energy1,23161.030.1761.787,32HamburgECV
Evonik Industries AGChemistry2,54466.000.0003.695,85EssenEVK
Evotec SEBiotechnology2,09177.185.7363.044,43HamburgEVT
Fraport AGAirport operator1,4192.468.7042.056,62Frankfurt am MainFRA
Freenet AGTelecommunications2,07118.900.5983.005,81BüdelsdorfFNTN
Fresenius Medical Care AGMedical technology5,26293.413.4497.630,52Hof (Saale)FRE
Fuchs Petrolub SEChemistry1,8469.500.0002.671,54MannheimFPE3
GEA Group AGMachinery3,51180.492.1725.098,68DüsseldorfG1A
Gerresheimer AGPackaging1,9934.540.0002.900,31DüsseldorfGXI
HELLA GmbH & Co. KGaAAutomotive1,17111.111.1121.697,81LippstadtHLE
HelloFresh SEMeal kit1,67172.734.6652.427,88BerlinHFG
Hensoldt AGDefence0,85105.000.0001.246,59Taufkirchen (bei München)HAG
Hochtief AGConstruction1,5377.711.3002.224,49EssenHOT
Hugo Boss AGClothing, Accessories2,7570.400.0003.997,45MetzingenBOSS
Jenoptik AG0,9857.238.1151.427,39JenaJEN
Jungheinrich AGIntralogistics, Mechanical engineering1,1048.000.0001.603,20HamburgJUN3
K+S AGMining 1,79191.400.0002.599,89KasselSDF
Kion Group AGHandling equipment1,87131.198.6472.714,83Frankfurt am MainKGX
Knorr-Bremse AGManufacturing2,63161.200.0003.825,02MünchenKBX
KronesNeutraublingKRN
Lanxess AGChemistry1,5986.346.3032.316,05KölnLXS
LEG Immobilien AGReal estate3,9674.109.2765.755,33DüsseldorfLEG
Nemetschek SESoftware3,08115.500.0004.481,19MünchenNEM
Nordex SE0,87236.450.3641.265,21HamburgNDX1
PUMA SESports equipment3,67150.824.6405.325,69HerzogenaurachPUM
Rational AGManufacturing2.0311,370,0002,814.89Landsberg am LechRAA
Redcare Pharmacy N.V.Pharmacy1,5320.203.2862.223,39Venlo RDC
RTL Group SAMedia0,86154.742.8061.247,97Luxemburg RRTL
Scout24 AGOnline-market3,1575.000.0004.570,77MünchenG24
Siltronic AGSemiconductor industryMünchenWAF
STABILUS SEAutomotive1.111,535.11KoblenzSTM
Ströer SE & Co. KGaAMedia1,1556.691.5711.669,59KölnSAX
TAG Immobilien AGReal estate1,55175.489.0252.262,05HamburgTEG
Talanx AGReal Estate2,45253.350.9433.556,99HannoverTLX
TeamViewer AGSoftware1,26180.000.0001.829,63GöppingenTMV
Thyssenkrupp AGConglomerate2,13622.531.7413.102,07Essen and DuisburgTKA
Traton SEMünchen8TRA
TUI AGTourismBerlin, HannoverTUI1
United Internet AGTelecommunications1,07192.000.0001.553,43MontabaurUTDI
Wacker Chemie AGChemistry1,3652.152.6001.983,73MünchenWCH