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Deutsche Wohnen SE joins MDAX

Release date: 03 Dec 2021 | Deutsche Börse

Deutsche Wohnen SE joins MDAX

No changes in DAX

(Zug, 3 December 2021) - Qontigo’s global index provider STOXX Ltd. has announced changes to the DAX index family, which will become effective on 20 December 2021. Deutsche Wohnen SE will be included in the MDAX. According to the Guide to the DAX Equity Indices (section 4.1.1.2 Equity Index Rankings), the company will be added to the index on the basis of a sufficiently high free float market capitalization. Based on the fast exit rule, zooplus AG will be deleted from the MDAX, due to a strong decrease in free float market capitalization. 

Changes in SDAX (all based on the fast entry rule):
- Vitesco Technologies Group AG replaces home24 SE
- Heidelberger Druckmaschinen AG replaces Hensoldt AG
- GFT Technologies SE replaces Westwing Group AG

Changes in TecDAX:
- Nagarro SE replaces Pfeiffer Vacuum Technology AG (based on the fast entry rule)

The constituents of DAX remain unchanged.

The index composition of DAX, MDAX, SDAX and TecDAX is reviewed quarterly based on the fast exit and fast entry rules and semi-annually based on the regular exit and regular entry rules. The purpose of the review based on the fast exit and fast entry rules is to account for significant changes in rankings. These changes may occur when companies no longer possess the required size (free float market capitalization) which may arise due to large issues (e.g., major changes in the free float or a steep price drop) and should be taken into consideration promptly in the index.

The next scheduled index review of the DAX index family is 3 March 2022. 


DAX®, MDAX®, SDAX® and TecDAX® are registered trademarks of Qontigo Index GmbH.


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Part of the Deutsche Börse Group, Qontigo was created in 2019 through the combination of Axioma, DAX and STOXX. Headquartered in Eschborn, Germany, Qontigo’s global presence includes offices in New York, London, Zug and Hong Kong. 

About STOXX 

STOXX Ltd. is Qontigo’s global index provider, currently calculating a global, comprehensive index family of about 13,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets. 
STOXX is the administrator of the STOXX® and DAX® indices under the European Benchmark Regulation and exercises control over all benchmark administration processes within Qontigo.
STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds. 


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STOXX Ltd., Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers.

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