Description

This Amundi Exchange Traded Fund (ETF) adheres to UCITS regulations, with the objective of replicating the performance of the DivDAX Total Return Index. The DivDAX Performance Index, curated by Deutsche Börse AG, consists of the fifteen companies from Germany's prominent DAX index that exhibit the highest dividend yields. This yield is computed by dividing the dividend paid by the stock's closing price recorded the day before the payout. The index utilizes a free-float market capitalization weighting methodology, ensuring that no individual stock's weight surpasses 10%. While these weightings are rebalanced quarterly, the index's constituent companies are thoroughly reviewed every September. This index was established on September 20, 1999, beginning with a foundational value of 100 points.