The TecDAX
stock index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance.
Two of the pr ...
tracks the performance of the 30 largest German companies from the technology sector. In terms of order book
turnover and
market capitalization the companies rank below those included in the
DAX.
The TecDax was introduced on 24 March 2003. It succeeded the
NEMAX50 (''Neuer Markt'' — new market) stock index of German
new economy
The New Economy refers to the ongoing development of the American economic system. It evolved from the notions of the classical economy via the transition from a manufacturing-based economy to a service-based economy, and has been driven by ...
companies that existed from 1997 to 2003 and was discontinued after extreme value loss due to the burst of the
dot-com bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet.
Between 1995 and its peak in March 2000, the Nasdaq Compo ...
.
TecDAX is based on prices generated in
Xetra. The index is calculated on every trading day, between 9am and 5.30pm CET .
In 2018, the TecDAX had an average performance of 23,3 % in five years, outpacing even the
NASDAQ.
Companies
The following 30 companies make up the index as of the quarterly review effective February 2021.
*
1&1 Drillisch
*
Aixtron
Aixtron SE is a German technology company, which specialises in manufacturing metalorganic chemical vapour deposition (MOCVD) equipment, for clients in the semiconductor industry. The company's shares are listed on the Frankfurt Stock Exchange ...
*
Bechtle
Bechtle AG is a multinational technology company with a business model combining information technology services with the direct sale of hardware and software IT products, as well as the operation and maintenance of IT infrastructure for indu ...
*
Cancom AG
*
Carl Zeiss Meditec
Carl Zeiss Meditec AG is a multinational medical technology company and subsidiary of Carl Zeiss AG. It manufactures tools for eye examinations and medical lasers as well as solutions for neurosurgery, dentistry, gynecology and oncology. Among i ...
*
CompuGroup Medical SE
*
Deutsche Telekom
*
Dräger (company)
Dräger is a German company based in Lübeck which makes breathing and protection equipment, gas detection and analysis systems, and noninvasive patient monitoring technologies. Customers include hospitals, fire departments and diving companies.
...
*
Eckert & Ziegler Strahlen- und Medizintechnik AG
*
Evotec
*
Freenet
Freenet is a peer-to-peer platform for censorship-resistant, anonymous communication. It uses a decentralized distributed data store to keep and deliver information, and has a suite of free software for publishing and communicating on the Web ...
*
Infineon Technologies
*
Jenoptik
*
LPKF Laser & Electronics AG
*
MorphoSys
MorphoSys AG is a biopharmaceutical company founded in 1992. The company is headquartered near Munich, Germany and has a wholly owned subsidiaryMorphoSys US Inc. in Boston MA in the US. The company has various antibody, protein and peptide technol ...
*Nagarro SE
*
Nemetschek
Nemetschek Group is a vendor of software for architects, engineers and the construction industry. The company develops and distributes software for planning, designing, building and managing buildings and real estate, as well as for media and ent ...
*
Nordex
Nordex SE is a European company that designs, sells and manufactures wind turbines. The company's headquarters is located in the German city of Rostock while management is situated in Hamburg. Production takes place in Rostock as well as in China ...
*
Pfeiffer Vacuum
*
Qiagen
QIAGEN N.V., the global corporate headquarter of the QIAGEN group, is located in Venlo, The Netherlands. Furthermore, European, American, and Asia regional headquarters are located in respectively Hilden, Germany, Maryland United States, and Sh ...
*
*
SAP
Sap is a fluid transported in xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant.
Sap is distinct from latex, resin, or cell sap; it is a separ ...
*
Sartorius
*
Siemens Healthineers
Siemens Healthineers AG (formerly Siemens Healthcare, Siemens Medical Solutions, Siemens Medical Systems) is a German medical device company. It is the parent company for several medical technology companies and is headquartered in Erlangen, Germ ...
*
Siltronic
Siltronic AG is a manufacturer of wafers made of hyperpure silicon, the basis for modern micro- and nanotechnology. The Munich-based company is one of the world's leading manufacturers of wafers for the semiconductor industry.
History
The compa ...
*
Software AG
Founded in 1969, Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries. The company is the second largest software vendor in Germany, and the seventh largest in Europe. Software AG is traded on t ...
*
TeamViewer AG
*
Telefónica Germany
Telefónica Germany GmbH & Co. OHG (; also called Telefónica Deutschland ) is a provider of broadband, landline and mobile telecommunications in Germany. The company trades as O2 (typeset as O2).
The company was renamed from Telefónica O ...
*
United Internet
United Internet AG is a global Internet services company headquartered in Montabaur, Rhineland-Palatinate, Germany. The company is structured in two business areas, ''Access'' and ''Applications,'' and has a total of 16 brands and numerous subsi ...
*
VARTA
VARTA AG (; german: link=no, Vertrieb, Aufladung, Reparatur transportabler Akkumulatoren – ) is a German company manufacturing batteries for global automotive, industrial, and consumer markets.
History
VARTA was founded by Adolf Müller in ...
*
XING
XING is a Hamburg-based career-oriented social networking site, operated by New Work SE (until mid-2019 ''XING SE'').
The site is primarily focused on the German-speaking market, alongside XING Spain, and competes with the American platform Li ...
See also
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DAX
*
MDAX
*
SDAX
*
ÖkoDAX
References
External links
TecDAX official information from Deutsche Börse
{{TecDAX companies
German stock market indices
Stock market indices by industry