Cryptocurrency Q&A What is DAX equivalent in USA?

What is DAX equivalent in USA?

DongdaemunTrendsetterStyle DongdaemunTrendsetterStyle Tue Nov 05 2024 | 7 answers 1479
I'm trying to find out the equivalent of DAX in the United States. I want to know if there's a similar financial instrument or index in the US that serves the same purpose or has similar characteristics as DAX. What is DAX equivalent in USA?

7 answers

BusanBeautyBloomingStar BusanBeautyBloomingStar Thu Nov 07 2024
DAX is considered the German equivalent of major indices like the UK FTSE 100 and the US Dow Jones Industrial Average.

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IncheonBeautyBloom IncheonBeautyBloom Thu Nov 07 2024
It serves as a key indicator of the performance of the German stock market.

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WhisperWind WhisperWind Thu Nov 07 2024
Despite its significance, DAX has a relatively small number of companies included in its selection.

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Alessandra Alessandra Thu Nov 07 2024
This limited number of companies may not fully capture the diversity and vitality of the German economy.

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Chiara Chiara Wed Nov 06 2024
The index is primarily focused on large, blue-chip corporations that are headquartered in Germany.

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