DAX 40 (GDAXI)
Benchmark index · Germany · data since 1987-12-30 · last close 2026-07-24
1d
+1.36%
7d
+1.08%
30d
+1.45%
YTD
+2.49%
1y
+3.31%
DAX 40 (GDAXI) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.2 | 3.0 | -10.3 | 7.1 | 3.3 | -0.4 | 0.4 | · | · | · | · | · |
| 2025 | 9.2 | 3.8 | -1.7 | 1.5 | 6.7 | -0.4 | 0.7 | -0.7 | -0.1 | 0.3 | -0.5 | 2.7 |
| 2024 | 0.9 | 4.6 | 4.6 | -3.0 | 3.2 | -1.4 | 1.5 | 2.1 | 2.2 | -1.3 | 2.9 | 1.4 |
| 2023 | 8.7 | 1.6 | 1.7 | 1.9 | -1.6 | 3.1 | 1.9 | -3.0 | -3.5 | -3.8 | 9.5 | 3.3 |
| 2022 | -2.6 | -6.5 | -0.3 | -2.2 | 2.1 | -11.2 | 5.5 | -4.8 | -5.6 | 9.4 | 8.6 | -3.3 |
| 2021 | -2.1 | 2.6 | 8.9 | 0.8 | 1.9 | 0.7 | 0.1 | 1.9 | -3.6 | 2.8 | -3.8 | 5.2 |
| 2020 | -2.0 | -8.4 | -16.4 | 9.3 | 6.7 | 6.3 | 0.0 | 5.1 | -1.4 | -9.4 | 15.0 | 3.2 |
| 2019 | 5.8 | 3.1 | 0.1 | 7.1 | -5.0 | 5.7 | -1.7 | -2.0 | 4.1 | 3.5 | 2.9 | 0.1 |
| 2018 | 2.1 | -5.7 | -2.7 | 4.3 | -0.1 | -2.4 | 4.1 | -3.5 | -0.9 | -6.5 | -1.7 | -6.2 |
| 2017 | 0.5 | 2.6 | 4.0 | 1.0 | 1.4 | -2.3 | -1.7 | -0.5 | 6.4 | 3.1 | -1.6 | -0.8 |
| 2016 | -8.8 | -3.1 | 5.0 | 0.7 | 2.2 | -5.7 | 6.8 | 2.5 | -0.8 | 1.5 | -0.2 | 7.9 |
| 2015 | 9.1 | 6.6 | 5.0 | -4.3 | -0.3 | -4.1 | 3.3 | -9.3 | -5.8 | 12.3 | 4.9 | -5.6 |
| 2014 | -2.6 | 4.1 | -1.4 | 0.5 | 3.5 | -1.1 | -4.3 | 0.7 | 0.0 | -1.6 | 7.0 | -1.8 |
| 2013 | 2.1 | -0.4 | 0.7 | 1.5 | 5.5 | -4.7 | 4.0 | -2.1 | 6.1 | 5.1 | 4.1 | 1.6 |
| 2012 | 9.5 | 6.2 | 1.3 | -2.7 | -7.3 | 2.4 | 5.5 | 2.9 | 3.5 | 0.6 | 2.0 | 2.8 |
| 2011 | 2.4 | 2.8 | -3.2 | 6.7 | -2.9 | 1.1 | -3.0 | -19.2 | -4.9 | 11.6 | -0.8 | -3.1 |
| 2010 | -5.8 | -0.2 | 9.9 | -0.3 | -2.8 | 0.0 | 3.1 | -3.6 | 5.1 | 6.0 | 1.3 | 3.4 |
| 2009 | -9.8 | -11.4 | 6.3 | 16.8 | 3.6 | -2.7 | 10.9 | 2.5 | 3.9 | -4.6 | 3.9 | 5.9 |
| 2008 | -15.1 | -1.5 | -3.2 | 6.3 | 2.1 | -9.6 | 0.9 | -0.9 | -9.2 | -14.5 | -6.4 | 3.0 |
| 2007 | 2.9 | -1.1 | 3.0 | 7.1 | 6.4 | 1.6 | -5.3 | 0.7 | 2.9 | 2.0 | -1.9 | 2.5 |
| 2006 | 4.9 | 2.1 | 3.0 | 0.7 | -5.3 | -0.2 | -0.0 | 3.1 | 2.5 | 4.4 | 0.6 | 4.6 |
| 2005 | -0.0 | 2.3 | -0.0 | -3.8 | 6.6 | 2.8 | 6.5 | -1.2 | 4.4 | -2.3 | 5.4 | 4.1 |
| 2004 | 2.4 | -1.0 | -4.0 | 3.3 | -1.6 | 3.4 | -3.9 | -2.8 | 2.9 | 1.7 | 4.2 | 3.1 |
| 2003 | -5.0 | -7.3 | -4.8 | 21.4 | 1.4 | 8.0 | 8.3 | -0.1 | -6.5 | 12.3 | 2.5 | 5.8 |
| 2002 | -1.0 | -1.3 | 7.1 | -6.6 | -4.4 | -9.0 | -15.6 | 0.3 | -25.4 | 13.9 | 5.3 | -12.9 |
| 2001 | 5.6 | -8.6 | -6.1 | 7.5 | -2.3 | -1.1 | -3.3 | -11.5 | -17.0 | 5.8 | 9.4 | 3.4 |
| 2000 | -1.8 | 11.8 | -0.6 | -2.4 | -4.1 | -3.0 | 4.2 | 0.4 | -5.8 | 4.1 | -10.0 | 1.0 |
| 1999 | 3.5 | -5.3 | -0.8 | 10.2 | -5.4 | 6.1 | -5.1 | 3.3 | -2.3 | 7.3 | 6.7 | 18.0 |
| 1998 | 5.2 | 5.7 | 8.6 | 2.8 | 6.0 | 5.1 | 0.3 | -17.9 | -7.9 | 5.9 | 7.1 | -0.4 |
| 1997 | 5.5 | 7.3 | 4.5 | 0.9 | 3.6 | 5.7 | 16.9 | -11.0 | 6.0 | -9.7 | 5.8 | 6.3 |
| 1996 | 8.9 | 0.9 | 0.2 | 0.1 | 1.3 | 1.9 | -3.1 | 1.7 | 4.8 | 0.6 | 6.6 | 1.1 |
| 1995 | -3.5 | 3.6 | -8.7 | 5.4 | 4.1 | -0.5 | 6.4 | 0.5 | -1.5 | -1.6 | 4.1 | 0.3 |
| 1994 | -2.8 | -4.1 | 1.9 | 5.1 | -5.1 | -5.5 | 6.5 | 2.5 | -9.3 | 3.0 | -0.2 | 2.0 |
| 1993 | 2.3 | 6.7 | -0.2 | -3.0 | 0.0 | 4.5 | 7.2 | 6.0 | -1.1 | 8.1 | -0.6 | 9.9 |
| 1992 | 6.9 | 3.6 | -1.6 | 0.6 | 4.5 | -2.9 | -8.3 | -4.9 | -3.9 | 1.3 | 3.7 | -0.4 |
| 1991 | 2.3 | 10.1 | -3.1 | 6.0 | 6.3 | -4.9 | -0.3 | 1.9 | -2.7 | -1.6 | -0.6 | 0.4 |
| 1990 | 2.4 | -0.8 | 8.9 | -7.8 | 1.3 | 2.6 | 2.0 | -15.7 | -18.1 | 8.0 | 0.1 | -3.3 |
| 1989 | -0.4 | -2.6 | 2.3 | 4.1 | 2.4 | 5.0 | 4.8 | 3.0 | -1.5 | -6.7 | 6.3 | 14.2 |
| 1988 | -6.9 | 15.7 | -1.9 | -1.2 | 2.5 | 5.4 | 3.9 | -0.8 | 7.2 | 4.3 | -2.6 | 4.4 |
| 1987 | · | · | · | · | · | · | · | · | · | · | · | 0.0 |
| Avg | 0.8 | 1.1 | 0.4 | 2.7 | 1.0 | -0.0 | 1.5 | -2.0 | -2.0 | 2.0 | 2.6 | 2.2 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
Seasonality — average by calendar month
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.8% | +1.1% | +0.4% | +2.6% | +1.0% | -0.0% | +1.6% | -1.9% | -2.0% | +2.0% | +2.6% | +2.1% |
| Win rate | 59%/39 | 56%/39 | 51%/39 | 72%/39 | 64%/39 | 49%/39 | 66%/38 | 47%/38 | 39%/38 | 68%/38 | 66%/38 | 72%/39 |
Win rate = share of positive months / sample size.
Risk & extremes
Max drawdown
-72.7%
Worst peak-to-trough fall on record
Monthly volatility
±5.7%
Std. dev. of monthly returns
Positive months
59%
Share of completed months in the green
Best month
+21.38%
2003-04
Worst month
-25.42%
2002-09
Longest streaks
12▲ / 5▼
Consecutive up / down months
Drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
About DAX 40
DAX 40 isn't a company — it's the scoreboard: Germany's benchmark index, tracked here like any other asset, so you can see how a whole market behaves when nobody's stock-picking — with price history on this site back to 1987. And the long game: $100 at its first close here (1987) would be about $2,486 today.
Did you know?
- Its best month on record was April 2003 at +21.38%; its worst, September 2002 at -25.42%.
- It has closed April in the green 28 out of 39 times — not a promise, just a suspicious habit.
Trivia for entertainment — the numbers come from our price data; the jokes don't.