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DX2S

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1d
1w
1m

Analysis and statistics

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About

The ETF financial product symbol DX2S.XETRA refers to the 2x Short DAX Daily Leveraged UCITS ETF, traded on the XETRA exchange (Deutsche Börse's trading platform). This ETF is designed to provide twice the inverse (short) daily performance of the DAX index. This means that if the DAX index decreases in value on a given day, the ETF aims to increase in value by approximately two times that percentage. Conversely, if the DAX index increases, the ETF is expected to decrease in value by approximately two times that percentage. Due to the leveraged nature and daily reset mechanism, this ETF is primarily intended for short-term trading strategies and is not suitable for long-term investment. Its performance can deviate significantly from a simple inverse relationship with the DAX index over extended periods.
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Factors

Underlying Index Performance: The price largely mirrors the inverse performance of the DAX index. A falling DAX generally leads to a rising DX2S.XETRA price, and vice versa. Supply and Demand: Market forces drive prices. Higher demand than supply increases the price; greater supply than demand decreases it. Management Fees & Expenses: ETF expenses reduce returns, impacting the ETF's price over time compared to a perfect inverse. Currency Fluctuations: Because the ETF trades in EUR, currency exchange rate fluctuations can affect its price relative to DAX constituents. Dividend Payments (DAX): As it's an inverse ETF, DAX dividends can subtly decrease the ETF's value, as the fund is short the index.

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