Xtrackers ShortDAX Daily Swap ETF
ETF
ETF
ISIN: LU0292106241
Ticker: DXSN
LU0292106241
DXSN
Price
Price
Data
TER
0.4%Fund Volume
$201.38MAsset Class
OtherDistributing
NoReplication Method
Synthetic ReplicationRegion
OtherCountry Based
LuxembourgIssuer
XtrackersRegion Breakdown
🇩🇪
Germany93.85%🇳🇱
Netherlands6.66%
Sector Breakdown
- Information Technology26.31%
- Industrials22.81%
- Financials20.43%
- Consumer Discretionary9.85%
- Materials7.25%
- Health Care6.28%
- Utilities3.36%
- Energy1.82%
- Other1.04%
- Consumer Staples0.85%
Frequently asked questions
What is the Total Expense Ratio (TER) of Xtrackers ShortDAX Daily Swap ETF?
The total expense ratio (TER) of Xtrackers ShortDAX Daily Swap ETF is 0.4%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.
What is the fund volume of Xtrackers ShortDAX Daily Swap ETF?
Xtrackers ShortDAX Daily Swap ETF has a fund volume of $201.38M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.
Is Xtrackers ShortDAX Daily Swap ETF paying dividends?
Xtrackers ShortDAX Daily Swap ETF is a Accumulating ETF. It reinvests dividends back into the fund, increasing the value of each share over time.
What is the replication method used by Xtrackers ShortDAX Daily Swap ETF?
Xtrackers ShortDAX Daily Swap ETF utilizes a synthetic replication method to track its benchmark index. Instead of physically holding the underlying securities, the ETF uses financial derivatives—such as swap agreements with counterparties—to replicate the performance of the index.
In which country is Xtrackers ShortDAX Daily Swap ETF domiciled?
Xtrackers ShortDAX Daily Swap ETF is domiciled in Luxembourg. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.
Pricing
52W span
$12.31$14.46
Information
The aim is for your investment to reflect the performance of the ShortDAX Index (the "Reference Index") which provides the opposite performance of the DAX Index plus a rate of interest and minus borrowing costs. This means the level of the Reference Index should rise when the DAX Index falls and fall when the DAX Index rises on a daily basis. The interest rate added to the Reference Index level is based on double the rate at which banks in the Eurozone lend to each other on an overnight basis (as calculated by the European Central Bank) earned on the short position.
Identifier
ISIN
LU0292106241
Primary Ticker
DXSN