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EXSD

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Analysis and statistics

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About

EXSD.F refers to the Xtrackers ShortDAX Daily Swap UCITS ETF. It's a financial instrument designed to provide investors with a daily inverse (or short) exposure to the performance of the DAX index, which tracks the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. The "Swap" component indicates that the ETF uses a swap agreement to achieve its investment objective rather than directly holding the underlying securities of the DAX index. The ".F" typically signifies that it's traded on the Frankfurt Stock Exchange.

Factors

Underline the Factors. Underlying Assets: The value of the bonds held within the EXSD.F ETF directly influences its price.

Interest Rates: Changes in prevailing interest rates affect bond yields, impacting the ETF's price; higher rates typically decrease bond values.

Credit Risk: Perceived creditworthiness of bond issuers impacts bond prices in the ETF's portfolio, reflecting potential default risk.

Supply & Demand: Market demand for the ETF itself influences its price, with high demand leading to premiums and low demand to discounts.

Market Sentiment: Overall investor confidence and risk appetite affect bond market valuations and, consequently, the ETF's price.

Liquidity: The ease of buying and selling EXSD.F shares affects its price; lower liquidity can lead to wider bid-ask spreads.

Expense Ratio: The ETF's management fees affect its net asset value (NAV) and potentially its market price over time.

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