835.59998 GBp
5.75
0.69%
Last update Dec 12, 4:22 PM GMT
Main market
Day range
825.46600
836.92798
Previous close
829.84998
Open
825.46600
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Xtrackers ShortDAX Daily Swap UCITS ETF 1C
835.60
5.75
0.69%

Overview

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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
United Kingdom
MIC code
XLON
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Main market

Exchange is currently active.
Closing in 3 hours 37 minutes

12:52
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (GMT, UTC+00:00).