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DXS0

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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  • Market cap
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About

The ETF with the symbol DXS0.XETRA represents the Xtrackers ShortDAX Daily Swap UCITS ETF 1D. This ETF is designed to provide investors with the inverse (-1x) daily performance of the DAX index. Essentially, it aims to deliver a return that is the opposite of the DAX's daily movement. It uses a swap-based replication strategy to achieve this, meaning it enters into a swap agreement with a counterparty to exchange the return of the DAX for a return based on a reference rate. This ETF is traded on the XETRA exchange, which is the electronic trading platform of the Frankfurt Stock Exchange. It's important to note that due to its short and leveraged nature, DXS0.XETRA is primarily suitable for short-term trading strategies and may not be appropriate for long-term investments.
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Factors

Underlying Index Performance: DXS0.XETRA tracks an index; its price heavily depends on that index's performance. If the index rises, the ETF price generally rises too.

Supply and Demand: ETF prices fluctuate based on buying and selling pressure. High demand can increase the price; high selling pressure can decrease it.

Interest Rates: Interest rate changes can influence investor sentiment and asset allocation, impacting demand for equities and indirectly affecting the ETF.

Market Sentiment: Overall investor confidence or fear can drive market-wide trends, impacting ETF prices regardless of the underlying assets.

Economic Conditions: Broad economic indicators like GDP growth, inflation, and unemployment can influence investor confidence and therefore ETF prices.

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