5.11600 EUR
0.018
0.35%
Last update Dec 15, 5:29 PM CET
Main market
Day range
5.096000
5.12600
Previous close
5.13400
Open
5.12400
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Xtrackers S&P 500 Inverse Daily Swap UCITS ET...
5.12
0.02
0.35%

Overview

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Description

The Xtrackers S&P 500 Inverse Daily Swap UCITS ETF is a type of financial instrument known as an exchanged-traded fund (ETF). Its primary function is to provide the opposite performance of the S&P 500 Index on a daily basis. This means if the S&P 500 Index declines in value, this ETF aims to deliver a positive return, thereby serving as a tool for investors looking to hedge against market downturns or to speculate on market declines. The ETF achieves this inverse exposure through the use of derivative instruments, such as swaps, rather than direct ownership of the underlying securities in the index. Predominantly impacting sectors within the S&P 500 Index, its role in the financial market is to offer a strategic planning tool for investors who wish to implement short-term bearish strategies or to balance portfolios against market risks.

About

Address
Phone
2203-8888
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
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Main market

Exchange is currently active.
Closing in 6 hours 17 minutes

11:12
00:00
09:00
17:30
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:00
Main market
09:00 - 17:30
All times are displayed in the Europe/Rome timezone (CET, UTC+01:00).