Top 40 Companies of the GER40 (DAX Index) in 2023

Germany has the largest economy in Europe and is one of the wealthiest countries in the world. As a global investor, we are positive you are including some of the best companies listed on the GER40 index on your portfolio.

The 30 blue-chip stocks of DAX index has become 40 companies. The complete list of DAX constituents are listed here.

Right now, we tackle more about investing in the leading stock market index of Deutschland. We also share with you the complete 40 companies on the GER40 index as of 2023. They are known to be the biggest and most liquid companies in Germany. Let’s proceed!

What is GER40 Index?

GER 40, also known as The DAX (Deutscher Aktien Index), is a stock index launched in 1988, representing the 40 largest companies trading on the Frankfurt Stock Exchange. DAX 40 index is often used as a benchmark of the German stock market. It is calculated by Xetra, an electronic trading system.

top companies of ger40 dax index

Top 40 Companies Listed on GER40 Index (DAX 40) in 2023:

Like many other indices worldwide, GER40 goes through periodic re-balancing. Thus some of its components are not permanent and can be added or removed over some time. Here is the latest and updated list of companies listed on GER40 index as of April 6, 2023.

  1. Siemens
  2. Deutsche Telekom
  3. Allianz
  4. SAP
  5. Mercedes Benz Group
  6. Infineon Technologies
  7. BMW
  8. Bayer
  9. Rheinmetall
  10. RWE
  11. Vonovia
  12. Volkswagen
  13. Adidas
  14. Deutsche Post
  15. BASF
  16. Deutsche Bank
  17. Münchener Rück
  18. Deutsche Boerse
  19. Symrise
  20. Commerzbank
  21. Siemens Energy
  22. E.ON
  23. Beiersdorf
  24. Merck
  25. Daimler Truck Holding
  26. Henkel
  27. Fresenius
  28. Siemens Healthineers
  29. Airbus
  30. HeidelbergCement
  31. Covestro
  32. Sartorius
  33. Zalando
  34. MTU Aero Engines
  35. Brenntag
  36. Continental
  37. Porsche Automobil Holding
  38. Porsche
  39. Hannover Rück
  40. Qiagen

Who should Invest in GER40 Index Companies?

1. Those who want to benchmark the top German stocks

Many investors who want to measure the performance of the best stocks in Germany would invest in the Ger40 index. Ger40 is composed of well-established companies, and using it as a benchmark could give you the same profitable advantage.

2. Those who believe in the European economy

Germany is the biggest economy in Europe. If you are confident that Germany and the European economy will continue to grow, then consider investing in the Ger40 index. The financial state of Germany always has an impact on the Euro zone.

DAX 40 index performance in 2023
5-Year Performance of DAX Index. Past performance is not an indication of future results.

3. Long term investors

The performance of the Ger40 index since its launch in 1988 shows a rising trend. If you are a long term investor, investing in an index like this can help you achieve portfolio growth with minimal risk.

4. Active traders

If you are a day trader, swing trader, or into scalping, trading Ger40 index is always an opportunity because this index also shows a lot of variable momentum. Whether you are buying or shorting this index, you will always have an option.

5. Those who want to diversify famous brands

The Ger40 index is a basket of prominent brands in the world that span in a wide range of industries like pharmaceutical, financial, automobile, technology, consumer goods, and aviation. Some of its iconic brands are Adidas, BMW, Volkswagen, SAP, Allianz, Porsche, and Siemens.

How to Invest in GER40 Index?

1. Open an online trading platform

The fastest and easiest way to invest in Ger40 index is by using an online trading platform. We recommend the best social trading platform in the world, eToro, because of its user-friendly interface and zero commission.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. Invest in Ger40 index

Ger40 index has grown so much over the years. It is around €15,690 as we write this post. Fortunately, we can invest proportionate units of Ger40 using CFD for as low as $1000 eToro. We can also enter our Target Price when we want to lock in our profit automatically even when we’re offline.

3. Trade the best blue-chip stocks of Germany

All the best and most liquid companies in Germany are listed above. You can add them to your watchlist and find the right moment when to open your trading positions. Opportunity in the stock market is limitless as long as you know how to trade profitably.

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Disclaimer: This article is for information purposes only and should not be considered as a professional advice. All investments have risks. Risk only the money you can handle to lose. Past performance is not a guarantee of future results. Always do an independent research or hire an expert before investing any asset.

About Fehl Dungo

Founder of DailyPik, entrepreneur, and tech investor. She has a Degree in Accountancy and background in Finance. She analyzes stocks everyday. Copy her trades on eToro Connect with Fehl on Facebook

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