CDX: All the Information You Need

What is CDAX?

The CDAX is a performance index that represents the performance of 40 of the largest and most liquid German stocks. It is a capitalization-weighted index, which means that the stocks with the largest market capitalizations have the greatest impact on the index's performance.

History of the CDAX

The CDAX was launched on September 17, 1993. It is calculated and published by Deutsche Boerse AG, which is the operator of the Frankfurt Stock Exchange. The CDAX is one of the most important stock indices in Germany, and it is used as a benchmark for many investment funds and other financial products.

Components of the CDAX

The CDAX is composed of 40 stocks from a variety of sectors, including:

• Automobiles
• Chemicals
• Construction
• Consumer goods
• Energy
• Financial services
• Healthcare
• Industrials
• Materials
• Technology
• Telecommunications
• Utilities

Uses of the CDAX

The CDAX is used for a variety of purposes, including:

• Benchmarking the performance of German stocks
• Creating investment funds and other financial products
• Measuring the risk and return of German stocks