Xtrackers S&P 500 2x Leveraged Daily Swap ETF aims to deliver twice the daily performance of the S&P 500 Index by using swap agreements. The fund's underlying exposure mirrors the S&P 500, which includes 500 large-cap U.S. companies across all major industries. These companies are weighted based on their market capitalization, and dividends from the stocks are automatically reinvested to reflect the total return of the index.