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XSDX

SIX
9.16400 CHF
0.079
0.85%
Last update Jun 17, 2:23 PM CEST
Market closed
Day range
9.16400
9.16400
Previous close
9.24300
Open
9.16400
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Xtrackers ShortDAX Daily Swap UCITS ETF 1C
9.16
0.08
0.85%

Overview

Description

The Xtrackers ShortDAX Daily Swap UCITS ETF 1C is an exchange-traded fund designed to provide inverse exposure to the performance of the DAX Index. This unique ETF primarily serves investors seeking to capitalize on downward movements in the German stock market or hedge existing positions. The fund utilizes swap agreements to mirror the inverse daily performance of the DAX, effectively providing a leveraged short position at a ratio of -1x. As a UCITS-compliant fund, it adheres to rigorous European regulations, ensuring a high level of investor protection and transparency. This ETF is crucial for traders and investors engaged in strategic portfolio diversification, risk management, or speculative short-term trades. It impacts sectors covered by the DAX, including automotive, financial services, and industrials, by allowing participants to bet against the collective performance of these sectors' major players. The Xtrackers ShortDAX Daily Swap stands out in the financial market as a tool for efficiently executing bearish strategies on Germany's primary equity index.

About

Address
Phone
2203-8888
Website
Instrument type
ETF
Country
Switzerland
MIC code
XSWX
Market closed

Exchange is currently closed (non-working day)
Main market opens in 22 hours 49 minutes

10:10
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:20
Post-market
18:15 - 22:00
All times are displayed in the Europe/Zurich timezone (CEST, UTC+02:00).