Xtrackers ShortDAX Daily Swap UCITS ETF 1C
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The Xtrackers ShortDAX Daily Swap ETF is designed to move in the opposite direction of Germany's top 40 blue chip stocks. It achieves this by taking short positions in these leading German companies, meaning the fund gains value when the major German stock market declines and loses value when it rises. This setup allows investors to potentially benefit from decreases in the performance of Germany’s key blue chip equities.