As of September 22, 2025, Porsche AG will be removed from Germany's leading index $P911 (-0.34%) will be removed from the leading German index DAX 40 due to a massive drop in share price of over a third last year - triggered by US import tariffs and declining demand, particularly in China. This makes Porsche one of the weakest DAX stocks in 2025. Deutsche Börse is making this change as part of the regular index recomposition. After being kicked out, Porsche will move to the mid-cap index MDAX .
Who moves up - the climbers in the DAX
Two newcomers fill the gap in the DAX:
- Scout24 AG $G24 (-0.54%) - the online real estate platform operator, moves from the MDAX to the DAX.
- Gea Group AG $G1A (-0.7%) - a major machinery and engineering group, also moved up from the MDAX.
Further index changes (MDAX, SDAX etc.)
The DAX is not the only index to be shaken up:
- Fielmann AG $FIE (+0.55%) moves up from the SDAX to the MDAX.
- Evotec SE $EVT (+1.26%) leaves the MDAX to make room for Fielmann.
- 1&1 AG $1U1 (+0.4%) joins the SDAX and replaces SGL Carbon $SGL (-1.22%)
In addition, 1&1 $1U1 (+0.4%) is included in the TecDAX - instead of the biosimilar developer Formycon $FYB (-0.54%)