(MD4X) German Mid-Cap MDAX D-EUR - Overview

Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: FR0011857234

Etf: Mid-Cap, German, Equity, Index

Total Rating 40
Risk 75
Buy Signal 0.64

Dividends

Dividend Yield 1.60%
Yield on Cost 5y 1.44%
Yield CAGR 5y -5.59%
Payout Consistency 86.6%
Payout Ratio -
Risk 5d forecast
Volatility 14.1%
Relative Tail Risk 2.36%
Reward TTM
Sharpe Ratio 0.68
Alpha 9.77
Character TTM
Beta 0.217
Beta Downside 0.365
Drawdowns 3y
Max DD 18.56%
CAGR/Max DD 0.20

Description: MD4X German Mid-Cap MDAX D-EUR January 14, 2026

The Lyxor German Mid-Cap MDAX UCITS ETF (ticker MD4X) tracks the MSCI Germany Small-Cap NR EUR index, giving investors exposure to Germany’s small- and mid-cap equities. It is domiciled in Germany and classified under the “Germany Small/Mid-Cap Equity” ETF category.

Key fund metrics (as of Q4 2025) include an expense ratio of 0.20 %, a dividend yield of roughly 2.1 % and €1.3 bn in assets under management. The underlying index is weighted toward industrials (≈45 %), automotive suppliers (≈15 %), and technology & services (≈12 %), reflecting the export-driven nature of German SMEs.

Performance is closely tied to Germany’s macro-environment: GDP growth of 1.4 % YoY in 2024, a manufacturing PMI averaging 48.5, and a current account surplus of €250 bn all support earnings for the constituent firms.

For a deeper quantitative breakdown, you might explore the fund’s analytics on ValueRay.

What is the price of MD4X shares?

As of February 10, 2026, the stock is trading at EUR 150.80 with a total of 1,301 shares traded.
Over the past week, the price has changed by +1.43%, over one month by -0.66%, over three months by +9.28% and over the past year by +16.41%.

Is MD4X a buy, sell or hold?

German Mid-Cap MDAX D-EUR has no consensus analysts rating.

What are the forecasts/targets for the MD4X price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 163.4 8.4%

MD4X Fundamental Data Overview February 04, 2026

Market Cap USD = 336.3m (284.4m EUR * 1.1827 EUR.USD)
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 284.4m EUR (284.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 284.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 284.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.71% (E(284.4m)/V(284.4m) * Re(6.71%) + (debt-free company))
Discount Rate = 6.71% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for MD4X ETF

Fund Manager Positions: Dataroma | Stockcircle