DAX or STOXX Europe 600?

The two indices share 10.5 % of their weight across 33 companies, and their daily returns correlate at 0.00. Partly the same companies at noticeably different weights — the second index shifts the emphasis rather than doubling up.

Side by side

DAX or STOXX Europe 600?
DAXSTOXX Europe 600
Holdings covered33541
Volatility19.2 %–
Max drawdown-16.0 %–
Cheapest ETF we coverDBXD · 0.09 %EXSA · 0.20 %

The largest shared positions

Shared positions
CompanyDAXSTOXX Europe 600
Siemens N AG11.31 %1.48 %
Allianz SE9.27 %1.22 %
Siemens Energy N AG7.00 %0.92 %
Airbus Group7.03 %0.92 %
Infineon Technologies AG4.55 %0.60 %
Munchener Ruckversicherungs-Gesellschaft AG3.66 %0.48 %
Deutsche Bank Aktiengesellschaft3.53 %0.46 %
Rheinmetall AG2.97 %0.39 %
Deutsche Post AG2.91 %0.38 %
Deutsche Boerse AG2.86 %0.38 %

Overlap and shared positions are computed from the holdings of one representative ETF each (DBXD and XSX6); of those we could attribute 80.0 % and 79.9 % of fund weight to individual companies, so real overlap is likely a little higher. The correlation covers 0 shared trading days.

Data note 1

Data note 2

The largest single holdings

DAX

STOXX Europe 600

More comparisons with these indices

In the Alysly network

How DAX connects to ETFs, indices and neighbouring names — every link is a measured relation, not a recommendation.

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