Overview
Description
The Xtrackers EURO STOXX 50 Short Daily Swap UCITS ETF 1C is an exchange-traded fund designed to provide inverse daily exposure to the EURO STOXX 50 Index, which tracks the performance of the 50 largest blue-chip companies in the Eurozone. Launched on June 5, 2007, and domiciled in Luxembourg, this ETF employs synthetic replication through total return swaps to achieve its short strategy objective, delivering the opposite daily return of the benchmark before fees. With a fund size of approximately 39 million EUR and a total expense ratio of 0.40% per annum, it operates on an accumulating basis, reinvesting any dividends to support share price growth rather than distributing them. Unhedged against currency risk and denominated in EUR, the ETF suits investors seeking tactical tools for hedging equity downside or profiting from declines in major European large-cap stocks across sectors like finance, consumer goods, and industrials. Managed by Xtrackers, a DWS brand, it plays a key role in derivatives-based strategies within the broader ETF market, offering liquidity and transparency for short-term positioning amid volatile conditions.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
2203-8888
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL