Continue active refreshing of this index's data?

Continue active refreshing of this index's data?

Press Releases — September 21, 2023

DAX increases footprint in Japan

Norinchukin Zenkyoren Asset Management lists DAX ETF in Tokyo

Zug, 21 September 2023 – STOXX Ltd. has announced the licensing of the DAX Index (JPY Hedged) to Norinchukin Zenkyoren Asset Management Co., Ltd. (NZAM) in Japan. The index is used as an underlying for an ETF which will be listed on the Tokyo Stock Exchange tomorrow. It is the 2nd DAX ETF on the Japanese market.

Media Contact
General Inquiries:
media@qontigo.com

Index Inquiries:
Andreas von Brevern
+49 (0) 69 211 14284

“We are committed to providing good investment opportunities to Japanese investors. We are very pleased to be able to provide access to the German economy for not only institutional investors but also a wide range of investors through our ETF.”

Takeshi Kuwabara, Executive Officer, NZAM
Want to learn more?

Sign up to receive valuable insights, news, and invitations as soon as they are published.

Subscribe >

“We are proud that the international reputation of DAX as a brand keeps growing with newly offered products, and that we can expand our footprint in Japan together with NZAM. Japanese investors now can use this product to gain exposure to the German economy. DAX is the defining index for the German equity market, containing well-known global brands. It is also the underlying for many liquid financial products.”

Serkan Batir, Managing Director, DAX

The DAX tracks the performance of the 40 largest companies listed on the Regulated Market of the Frankfurt Stock Exchange that satisfy certain quality and profitability requirements. Selection is based on free-float market capitalization. DAX is completely rules-based and transparent. It is primarily calculated as a performance index and is one of the few major country indices that takes dividend yields into account, thus fully reflecting the actual performance of an investment in the index portfolio.

More information about the DAX index

About STOXX
STOXX® and DAX® indices comprise a global and comprehensive family of more than 16,500 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets.
STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds.
STOXX Ltd., part of Deutsche Boerse Group, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.

Legal disclaimer:
STOXX Ltd., Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Qontigo GmbH, Qontigo Index GmbH, Deutsche Boerse Group or their licensors, research partners or data providers.


Qontigo is a leading global provider of innovative index, analytics and risk solutions that optimize investment impact. As the shift toward sustainable investing accelerates, Qontigo enables its clients—financial-products issuers, asset owners and asset managers—to deliver sophisticated and targeted solutions at scale to meet the increasingly demanding and unique sustainability goals of investors worldwide.

Qontigo’s solutions are enhanced by both our collaborative, customer-centric culture, which allows us to create tailored solutions for our clients, and our open architecture and modern technology that efficiently integrate with our clients’ processes.

Part of the Deutsche Börse Group, Qontigo was created in 2019 through the combination of Axioma, DAX and STOXX. Headquartered in Eschborn, Germany, Qontigo’s global presence includes offices in New York, London, Zug and Hong Kong.