The DAX, or Deutscher Aktienindex, is comprised of 30 largest and most liquid companies on the German equities market. The companies make up about 80% of Germany’s stock market capitalization. Additionally, each individual component’s weight is capped at 10% of the index.
The index is heavy on industrial, materials, financial services and consumer discretionary stocks, giving German stocks plenty of leverage to the weak euro theme. Germany is the Eurozone’s largest economy and its top exporter.
iShares MSCI Germany ETF