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.
7 answers
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.
IncheonBeautyBloom
Thu Nov 07 2024
It serves as a key indicator of the performance of the German stock market.
WhisperWind
Thu Nov 07 2024
Despite its significance, DAX has a relatively small number of companies included in its selection.
Alessandra
Thu Nov 07 2024
This limited number of companies may not fully capture the diversity and vitality of the German economy.
Chiara
Wed Nov 06 2024
The index is primarily focused on large, blue-chip corporations that are headquartered in Germany.