5 years NASDAQ vs. DAX vs. M/DAX vs. ATX
One should compare apples with apples, but this is pretty hard. Just remember that each of the Indices is in local currencies. Examples: Nasdaq-stocks in USD, DAX in Euro, etc.
Still, here are the last years in retrospect
(MDAX vs. NASDAQ-Comp.)
MDAX vs. ATX vs. NASDAQ-Composite:
MDAX vs. ATX vs. NASDAQ-Composite (recheck the FX-impact for an European Investor!):
MDAX vs. Kurs-DAX vs. ATX:
MDAX incl./excl. Dividends vs. ATX incl./excl. Dividends: