Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C (XSPS)

Profile

https://oci-global.com

Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C is an exchange-traded fund that provides inverse daily exposure to the S&P 500 Index, tracking the performance of 500 large U.S. companies across major sectors including technology, healthcare, financials, and consumer goods. It achieves this short position synthetically through swap agreements with counterparties, delivering the opposite daily return of the S&P 500 Total Return Index before fees, plus an interest component based on SOFR plus a fixed spread. As an accumulating UCITS-compliant fund domiciled in Luxembourg and passively managed by DWS Investment S.A., it reinvests dividends and resets daily, which can lead to performance deviations over longer periods due to compounding effects in volatile markets. With an ongoing charges figure of 0.50%, it serves as a tactical instrument in financial markets for hedging U.S. equity declines or expressing short-term bearish views on large-cap stocks, offering liquidity without the need for direct short-selling. Launched in 2008, it appeals to sophisticated investors seeking targeted daily inverse exposure.