5 ms·

Yes But there's a long list of German companies not on the DAX (though Germany DAX really deserves to be worth less than NVidia)

• earthnail 2y ago
  The DAX is made of the 40 most valuable German companies. That’s how it is defined. So the companies not in it, again by definition, matter less.
  • qsi 2y ago
    The CDAX index has about 360 companies and appears to have a market cap of around 2 trillion EUR vs 1.7 trillion for the DAX 40.
  • pell 2y ago
    > The DAX is made of the 40 most valuable German companies. Not to be too nitpicky here but these are only the publicly traded companies. You have a number of pretty large German companies that are still entirely private such as Aldi, Schwarz Group, Boehringer or Bosch.
    • bigfudge 2y ago
      Also many medium sized companies which are productive and competitive but not public, so never grow to huge sizes. I view this as a feature not a bug… smaller companies have a more direct connection with their workforce and tend to behave better with them.
  • dukeyukey 2y ago
    No it isn't? It's the list of the biggest blue-chip Germany-HQ'd companies trading on the Frankfurt Stock Exchange. If you're a German company with exclusively German employees trading in London, or Paris, or New York, you don't qualify.
  • raverbashing 2y ago
    > DAX is made of the 40 most valuable *listed* German companies https://www.famcap.com/top-500-german-family-businesses-the-economy-most-dependent-on-family-enterprises/ https://www.famcap.com/top-500-german-family-businesses-the-... Not all of those are listed, or listed in Frankfurt