Overview
Description
Xtrackers ShortDAX Daily UCITS ETF 1C is an exchange-traded fund designed to provide investors with a tool to track the inverse performance of the DAX Index, which represents 30 of the largest and most liquid companies listed on the Frankfurt Stock Exchange. Its primary function is to enable investors to profit from a declining market by performing inversely to the DAX Index on a daily basis, effectively offering a short exposure to the German equity market.
This ETF is particularly notable for its role in allowing both institutional and retail investors to hedge their portfolios against potential downturns in the German stock market. It is utilized extensively by those seeking to balance risk or speculate on market declines without employing direct short-selling strategies. As a UCITS-compliant ETF, it adheres to stringent regulatory standards across Europe, providing an added layer of security and transparency. The Xtrackers ShortDAX Daily UCITS ETF 1C thus plays a critical role in the toolbox of investors looking to diversify their strategies and manage market volatility effectively.
About
Address
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Phone
2203-8888
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL