Overview: The Xtrackers LevDAX Daily Swap UCITS ETF 1C, identified by the symbol DBPE, is an exchange-traded fund that aims to replicate the performance of the LevDAX x2 Daily TR index. This index provides exposure to twice the daily performance of the 40 largest companies listed in euros on the Frankfurt Stock Exchange, based on free-float market capitalization. This type of ETF is designed for investors looking to capitalize on short-term movements in the German equity market.
Benefits: This ETF has several strengths, including its ability to offer amplified exposure to large German company stocks, which can potentially increase gains during market upswings. Additionally, the selection of securities is based on liquidity and capitalization criteria, which can contribute to better performance. The swap structure also allows for efficient management of costs and risks associated with the investment.
Risks: It is important to note that this ETF is exposed to increased volatility due to its leverage. Market fluctuations can lead to significant variations in the value of the ETF, both upward and downward. Investors should be aware that leverage can amplify losses, especially in the event of unfavorable market movements. Furthermore, the daily nature of the leverage means that long-term performance may differ from that of the underlying index.
Investor Profile: This ETF is primarily suitable for experienced investors and those looking to achieve short-term gains in the German market. It is recommended for investors with a high risk tolerance and a deep understanding of leveraged products. Long-term investors or those seeking a more conservative approach may find this ETF unsuitable for their investment objectives.
Total Annual Returns, Including Dividends
The drawdown measures the decline in price from its historical high. It helps assess the fund's downside risk. The calculation includes dividends.
| Volatility | Max drawdown | Sharpe ratio | |
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| 1 year | |||
| 3 years | |||
| 10 years | |||
| Max |