Germany's Hidden Champions: Why SDAX and MDAX Are Poised for Re-Rating After the 2024 DAX Divergence

Düsseldorf / London, 5 April 2026 — A systematic analysis of ten-year TSR data for German listed mid-cap and small-cap companies reveals a persistent performance advantage over the DAX 40. However, 2024 marked a reversal: the DAX rose 18.9 percent wh...