DAX指數喺1987年推出，代替嗰時嘅Börsen-Zeitung指數同法蘭克福滙報指數和（Frankfurter Allgemeinen Zeitung Aktienindex）。1988年7月1號起開始正式交易，基準點係1000點。指數以“整體回報法”進行計算，即係考慮公司股價嘅同時 ，考慮埋預期嘅股息回報。但因為呢個指數剩喺包括德國最賺錢嘅公司，所以有人批評無法準確反應德國嘅經濟。
The DAX index was introduced in 1987 to replace the then Bxrsen-Zeitung Index and the Frankfurter Allgemeinen Zeitung Aktienindex. Started trading on July 1, 1988 with a benchmark point of 1,000 points. The index is calculated using the overall uranium return method, which takes into account the expected dividend return while taking into account the company's share price. But because the index is left to include Germany's most profitable companies, some have criticized it for not accurately reflecting Germany's economy.