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DXSN

9.44400 EUR
0.021
0.22%
Last update May 30, 5:30 PM CEST
Market closed
Day range
9.38000
9.45000
Previous close
9.46500
Open
9.44800
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Xtrackers ShortDAX Daily Swap UCITS ETF
9.44
0.02
0.22%

Overview

Description

Xtrackers ShortDAX Daily Swap UCITS ETF is an exchange-traded fund focused on providing short exposure to the German equity market. Its primary function is to offer investors a means of hedging or gearing their portfolios against declines in the DAX, Germany’s leading stock index comprising 30 major German blue-chip companies trading on the Frankfurt Stock Exchange. This ETF employs a 'swap' strategy to achieve its inverse tracking objective, meaning it will likely appreciate in value when the DAX declines, aligning with market volatility and bearish sentiments. Investment in Xtrackers ShortDAX Daily Swap UCITS ETF allows participants to engage in a tactical asset allocation strategy, taking advantage of short-term market corrections. This fund is particularly noteworthy for those with a focus on European markets or those intending to strategically manage risk during uncertain times. Its function in the financial market is critical, providing a tool for diversification and risk management, especially relevant in portfolios exposed to European equities. As a UCITS-compliant fund, it adheres to stringent European Union regulations, ensuring transparency and protection for investors.

About

Address
Phone
2203-8888
Website
Instrument type
ETF
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 2 days 4 hours 57 minutes

02:02
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 09:00
Main market
09:00 - 17:45
Post-market
17:30 - 20:30
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).