ÖkoDAX is a German
stock market index
In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...
which includes ten companies in the
renewable energy
Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
sector. It was introduced, 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
The DAX (''Deutscher Aktienindex'' (German stock index); ) is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index. Prices are taken from the Xetra t ...
* MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by .
It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. T ...
* 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, Sept ...
* 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 cap company, small caps' rank directly below the MDAX (mid-cap) shar ...
* 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