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SC0P

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1m

Analysis and statistics

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About

SC0P.XETRA refers to the Xtrackers II Eurozone Government Bond Short Daily Swap UCITS ETF 1C, listed on the XETRA exchange. This ETF is designed to provide investors with the inverse performance (short exposure) to a specific index of Eurozone government bonds. The "short" in its name signifies its inverse relationship with the underlying bond index; meaning if the bond index declines, the ETF is designed to increase in value, and vice versa. The "daily swap" aspect indicates that the fund uses swap agreements to achieve its target return, typically resetting daily. "UCITS" denotes that it complies with the Undertakings for Collective Investment in Transferable Securities directive, a regulatory framework for investment funds in Europe. "1C" typically refers to the specific share class of the ETF.
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Factors

Underlying Assets: SC0P.XETRA tracks specific securities. Their price fluctuations directly impact the ETF's value.

Supply & Demand: Higher demand pushes the price up; increased selling pressure lowers it.

Market Sentiment: Overall investor attitude (optimism or pessimism) influences trading activity and price.

Currency Fluctuations: Since it is traded on XETRA, changes in the Euro's value affect international investors.

Expense Ratio: The ETF's operating costs impact its return, indirectly affecting its appeal and price.

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