The ATX (Austrian Traded Index) is the leading index of the Vienna Stock Exchange and tracks the performance of the 20 largest and most liquid listed companies in Austria. Since 1991, it serves as the key benchmark for the domestic capital market and a daily barometer of market sentiment.

The ATX in historical and current context

Since its launch 35 years ago, the ATX has become an established key indicator of the performance for the Austrian stock market. Major market phases, structural changes and international influences are reflected in its long-term performance. For over five years, the Austrian stock market, including dividends, has been on a record run, consistently reaching new highs.

Austrian equity market at an all-time high

Austrian stock market at an all-time high: Line chart showing the long-term performance of the ATX and the ATX Total Return. The ATX Total Return has reached an all-time high of 14,806.86 points, highlighting the significant contribution of reinvested dividends to the market’s overall performance. Source: Wiener Börse AG.

Source: Wiener Börse AG, 12 May 2026

Dividends make the difference

As a price index, the ATX reflects price changes only. The ATX Total Return (ATX TR), as a performance index also includes dividends and therefore shows the market's actual total performance. This makes it the correct benchmark for comparison with the German DAX, which is also calculated as a performance index. Austria is regarded as a high-dividend market. In the long term, more than half of the return is generated through reinvested dividends. According to consensus estimates from research firms, the average dividend yield in the ATX – meaning the percentage of the stock price represented by dividends paid – is expected to be around 4% in 2026.

Dividend yield Austria: Bar chart showing the dividend yields of selected ATX companies. The chart illustrates the importance of dividends for the Austrian stock market and shows that the average dividend yield in the ATX is around 4 per cent. Source: Wiener Börse AG.

Consensus expectation, April 2026; Source: Refinitiv, IBES, RBI/Raiffeisen Research

Did you know? Key facts on the ATX

  • The ATX is calculated as a price index. For a complete picture of the performance of Austrian stocks, the ATX Total Return, which includes dividends, is the right benchmark. The average annual return of the ATX TR is 8%.
  • The index composition is reviewed twice a year (in March and September).
  • OMV, Verbund and wienerberger have been part of the ATX since its launch.
  • The Austrian benchmark index is dominated by the sectors finance (48%), basic industries (30%), industrial goods and services (9%) and utilities (7%).
  • The ATX is displayed in real-time on the Vienna Stock Exchange website.

Frequently asked questions about the ATX

The ATX (Austrian Traded Index) is the leading index of the Austrian equity market. It tracks the performance of the 20 largest and most actively traded listed companies on the Vienna Stock Exchange and serves as a key benchmark for the domestic capital market.

The ATX was launched in 1991, and has been a constant feature of the Austrian stock market ever since. During this time, it has weathered several market cycles, crises and periods of growth. For over five years now, the Austrian stock market, including dividends, has been consistently reaching new highs.

The ATX comprises the 20 leading listed companies in Austria, which are selected on the basis of clearly defined criteria such as liquidity and free float capitalisation.

The ATX is a price index, tracking price changes only. The ATX Total Return (ATX TR) is a performance index, like the German DAX, which also takes dividend payments into account. For a comprehensive view of the market performance, the ATX Total Return should therefore be used.

The strong long-term performance of the Austrian stock market is largely a result of high dividends. By international standards, the ATX offers an above-average dividend yield, which is reflected in the ATX Total Return.

An all-time high shows that the ATX has reached a new record high. It also serves as a visual illustration of the long-term time horizon required for equity investment. Time is one of the most valuable resources when it comes to investing.

The ATX comprises companies from a range of sectors, including financials, basic industries, industrial goods and services, utilities, technology, consumer products and real estate.

The ATX is particularly relevant for:

  • Retail investors as a market indicator
  • Institutional investors for performance analysis
  • Media professionals for market classification and reporting
  • Companies as a reference for the Austrian capital market

The Vienna Stock Exchange provides real-time updates on the current index level, historical data and further information on the ATX and ATX Total Return on its website.

The ATX is calculated, monitored and published by the Vienna Stock Exchange. This makes the Vienna Stock Exchange the authoritative and primary source for all official ATX data and index information. ATX is a registered trademark of Wiener Börse AG.

More information about the ATX:

Current press release on the 35th anniversary of the ATX
Price information: Austrian indices
ATX watchlist
Members of the ATX committee

Publisher: Wiener Börse AG
Data source: Wiener Börse AG, ATX and ATX Total Return
Latest data update: May 2026