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DBPD

0.854 EUR
0.0101
1.17%
Last update May 15, 9:56 PM CEST
Main market
Previous close
0.8641
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Xtrackers ShortDAX x2 Daily Swap UCITS ETF 1C
0.85
0.01
1.17%

Overview

Description

Xtrackers ShortDAX x2 Daily Swap UCITS ETF 1C is an exchange-traded fund designed to provide investors with leveraged inverse exposure to the German DAX Index. The primary function of this financial asset is to offer a mechanism for bets against the overall direction of the DAX Index by seeking performance results that correspond to twice the inverse (or -2x) of the daily performance of this benchmark index. It achieves this through swap agreements, which can allow for more efficient cost management and precise tracking of the desired index performance. Notably, this ETF is particularly relevant to investors who have a short-term bearish outlook on the major German stock market or wish to hedge other exposures in their portfolio. The Xtrackers ShortDAX x2 ETF is deeply integrated into European equity markets and utilized by sophisticated retail and institutional investors looking to capitalize on, or protect against, market downturns. As part of the UCITS framework, it adheres to stringent regulatory standards aimed at investor protection, enhancing its appeal to those seeking leveraged inverse exposure with a structured and secure investment vehicle.

About

Address
Phone
2203-8888
Website
Instrument type
Mutual fund
Country
Germany
MIC code
XSTU
Main market

Exchange is currently active.
Closing in 10 hours 19 minutes

11:40
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).