Description

This index tracks the performance of major German companies, denominated in EUR and traded on the Frankfurt Stock Exchange, with components weighted based on their free-float adjusted market capitalization. However, certain entities are excluded if they fail to meet specific environmental, social, and governance (ESG) criteria. These exclusions apply to companies with an ISS ESG Rating of D- or lower, those flagged as 'Red' by ISS ESG's Norms Based Screening, any involvement in controversial weapons, or firms exceeding revenue thresholds in sensitive sectors such as tobacco, thermal coal mining, oil sands, nuclear power, civilian firearms, and military equipment. Additionally, companies lacking complete ESG data are disqualified. The index undergoes a review every quarter, with no single constituent allowed to exceed a 15% weighting. For more details on the index, its selection process, and weighting methodology, please visit https://www.dax-indices.com.