1MonΒ·

Xtrackers MSCI India

Why does it show random US companies in the company breakdown of the $XCS5 (-3.09%) ETF?

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Synthetic replication
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@MoneyISnotREAL Yea but why does it show US companies as opposed to nothing?
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@TAHT because they are using swaps. That means that they build an other index mostly some sp500 or something like that and use swaps (contracts between banks) to replicate the actual performance. So they are basically hedging with these us companies
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I am also a bit confused because on a different webpage it shows other companies (from india) thaan here.
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