Amundi ShortDAX Daily (-1x) Inverse UCITS ETF

The Amundi ShortDAX Daily (-1x) Inverse ETF is designed to move inversely to Germany’s DAX Index, which consists of the 40 largest German companies listed on the Frankfurt Stock Exchange. To achieve this, the fund uses financial derivatives such as total return swaps, allowing it to profit when the DAX decreases in value. By holding these derivative contracts, the ETF provides investors with a way to benefit from declines in major German blue-chip stocks, effectively offering inverse exposure to the overall performance of the DAX Index.