ÖkoDAX is a German
stock market 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 ...
which includes ten companies in the
renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
sector. It was introduced on 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). The companies should be represented with equal proportions (i.e. 10%). The ÖkoDAX is calculated as a performance index as well as a price index.
Historical Index Compositions of the Equity- and Strategy Indices of Deutsche Börse, September 2008
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Development
The ÖkoDAX is based on Xetra. Its composition and weightings (price index) is shown below:
See also
* DAX
Dax or DAX may refer to:
Business and organizations
* DAX, stock market index of the top 40 German companies
** DAX 100, an expanded index of 100 stocks, superseded by the HDAX
** TecDAX, stock index of the top 30 German technology firms
* Dax ...
* MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by Deutsche Börse.
Until 2021 included the 60 Prime Standard shares from sectors that rank immediately below (in value of mar ...
* Photovoltaik Global 30 Index
Photovoltaik Global 30 Index is a German stock market index which includes up to 30 companies in the photovoltaics sector. It was introduced on 1 June 2009. The constituting companies and their weightings are reviewed quarterly (March, June, Sep ...
* SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of o ...
* TecDAX
The TecDAX stock index 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 ...
External links
ÖkoDAX performance, actual track
References
{{DEFAULTSORT:Okodax
OkoDAX
Renewable energy commercialization