Amundi ShortDAX Daily (-2x) Inverse UCITS ETF Acc (LYQL.DE) is an exchange-traded fund (ETF) listed on the Deutsche Börse. market capitalization is approximately $23M.
What does Amundi ShortDAX Daily (-2x) Inverse UCITS ETF Acc invest in?▾
The Amundi ShortDAX Daily (-2x) Inverse UCITS ETF Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index SHORTDAX X2 INDEX.The SHORTDAX X2 INDEX is linked to the performance of the DAX Index in an inverse way - a positive development of the SHORTDAX X2 INDEX will result in a negative change with a leveraged ratio of 2 and vice versa. In addition to double inverse DAX performance, the index also contains interest payments resulting from the investment strategy in three times the amount of the overnight rate. Interest accrues in the same amount for the investment...
