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Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C

Xtrackers · LU0322251520

Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XSPS (ISIN LU0322251520). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the S&P 500 Inverse Daily Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include AMAZON COM INC, APPLIED MATERIAL INC and RTX CORP. It holds around 25 positions (the ten largest ≈ 48%), spreading risk so no single holding decides your outcome. Geographically it leans ~100% United States. By industry it concentrates most in ~42.3% Technology and ~14.4% Consumer Discretionary. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.5% a year — about €50 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. On the standard KID risk scale it is rated 6 out of 7 and its price has swung about 14.8% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2008. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Xtrackers.)

· Tracks the S&P 500 Inverse Daily Index index ?
Equity ?Accumulating ?Physical ?LU ?
Mid-range feeReinvests dividendsOwns the shares directlyUnited StatesConcentrated in a few names
Fund size (AUM) ?
€0
Risk level (SRI) ?
6 / 7 · High
1-year return ?
-9.9%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.50%
All-in cost ≈ 0.50%

About this fund

What you own

The S&P 500 Inverse Daily Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 25 companies across United States in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.50%Yearly fee (TER)
0.50%All-in cost

The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.

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It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
S&P 500 Inverse Daily Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2008
18-year track record

Performance

45.9214382549717202520262026

Growth of $100 invested — both lines start at $100.

Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C Average S&P 500 Inverse Daily Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-2.7%
1 year-9.9%
3 years-10.5%

Return, year by year

+27.4
-17.4
-8.0
-19.7
'22'23'24'25
1 of 4 up yearsBest: 2022 +27.4%Worst: 2025 -19.7%Calendar-year total returns, in USD

How bumpy has it been?

14.8%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-42.6%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
-0.64
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-30.9%
Since inception
Total growth since launch — about -7.1% a year.
+43.4%
Best 12 months
The strongest one-year stretch on record.
-26.6%
Worst 12 months
The weakest one-year stretch on record.
-51.5%
Worst fall on record ?
It has not fully recovered yet.

What's inside

By sector ?

Technology42.3%
Consumer Discretionary14.5%
Health Care13.1%
Consumer Staples10.7%
Communication Services7.6%
Industrials4.9%
Energy3.5%
Financials3.5%

The 10 biggest holdings make up 48.0% of the fund — the rest is spread across roughly 15 more companies.

Top 10 holdings

#CompanyWeight
1AMAZON COM INC6.3%
2APPLIED MATERIAL INC5.4%
3RTX CORP4.9%
4DEXCOM INC4.8%
5MARVELL TECHNOLOGY INC4.7%
6ADVANCED MICRO DEVICES INC4.7%
7SERVICENOW INC4.6%
8JOHNSON & JOHNSON4.4%
9TESLA INC4.2%
10ALPHABET INC CLASS C4.0%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
LSEXSPSUSD★ Primary
B2DXS3USD
B2DXS3USDUSD
B3DXS3DUSD
B3XSPDLUSD
B3XSPSLUSD
B3XSPSMUSD
B4DXS3USD
B4DXS3GBXUSD
B4DXS3USDUSD
Borsa ItalianaXSPSEUR
BQDXS3DUSD
BQXSPSMUSD
BWDXS3USD
BWXSPDUSD
E1XSPSUSDUSD
E1XSPSGBXUSD
E1XSPSUSD
E1DXS3HUFUSD
EBXSPDLUSD
EBXSPSLUSD
EBXSPSMUSD
EBDXS3DUSD
EOXSPSUSDUSD
EOXSPSUSD
EOXSPSGBXUSD
EPDXS3USD
EPDXS3HUFUSD
EUDXS3HUFUSD
EZDXS3HUFUSD
EZDXS3USD
FrankfurtDXS3EUR
GDDXS3USD
GFDXS3USD
GHDXS3USD
GIDXS3USD
GMDXS3USD
GSDXS3USD
GTDXS3USD
GZDXS3USD
HBDXS3USD
I2DXS3DUSD
I2XSPSMUSD
IXXSPSMUSD
IXXSPSLUSD
IXXSPDLUSD
IXDXS3DUSD
L1DXS3DUSD
L1XSPDLUSD
L1XSPSMUSD
L3XSPSMUSD
L3XSPSLUSD
L3XSPDLUSD
L3DXS3DUSD
LADXS3USD
LSEXSPDUSD
LUDXS3USD
POXSPSMUSD
POXSPSLUSD
POXSPDLUSD
PODXS3DUSD
PZXSPDUSD
PZXSPSUSD
QEDXS3DUSD
QTDXS3USD
QXXSPSLUSD
QXXSPDLUSD
QXDXS3DUSD
S1XSPDGLUSD
S1XSPDLUSD
S1XSPSMUSD
S4XSPSMUSD
SIXDXS3CHF
SIXXSPDCHF
T2XSPSUSD
T2XSPDUSD
T2DXS3USD
THDXS3USD
TQXSPDLUSD
TQXSPSLUSD
WTDXS3USD
WTXSPDUSD
X2XSPSUSDUSD
X2XSPSGBXUSD
X2XSPSUSD
X9DXS3USD
X9DXS3GBXUSD
X9DXS3USDUSD
XADXS3HUFUSD
XEDXS3HUFUSD
XFDXS3HUFUSD
XGDXS3HUFUSD
XHDXS3HUFUSD
XJDXS3HUFUSD
XLDXS3HUFUSD
XLXSPSGBXUSD
XLXSPSUSDUSD
XOXSPSUSD
XODXS3HUFUSD
XQDXS3HUFUSD
XSDXS3HUFUSD
XSXSPSUSD
XSXSPSUSDUSD
XTXSPSUSDUSD
XTXSPSUSD
XTDXS3HUFUSD
XUDXS3HUFUSD
XVDXS3HUFUSD
XVXSPSUSD
XVXSPSGBXUSD
XVXSPSUSDUSD
XWXSPSUSDUSD
XWXSPSGBXUSD
XWXSPSUSD
XWDXS3HUFUSD
XXDXS3HUFUSD
XXXSPSUSD
XXXSPSGBXUSD
XXXSPSUSDUSD
XZDXS3HUFUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-17 · the fund's own published holdings.

#CompanyWeight
1AMAZON COM INC6.3%
2APPLIED MATERIAL INC5.4%
3RTX CORP4.9%
4DEXCOM INC4.8%
5MARVELL TECHNOLOGY INC4.7%
6ADVANCED MICRO DEVICES INC4.7%
7SERVICENOW INC4.6%
8JOHNSON & JOHNSON4.4%
9TESLA INC4.2%
10ALPHABET INC CLASS C4.0%
11INTEL CORPORATION CORP4.0%
12DOORDASH INC CLASS A3.9%
13ANALOG DEVICES INC3.9%
14ELI LILLY3.9%
15COSTCO WHOLESALE CORP3.8%
16MICROSOFT CORP3.6%
17BERKSHIRE HATHAWAY INC CLASS B3.5%
18NETFLIX INC3.5%
19CHEVRON CORP3.5%
20PALANTIR TECHNOLOGIES INC CLASS A3.5%
21PROCTER & GAMBLE3.4%
22WALMART INC3.4%
23APPLE INC3.4%
24ORACLE CORP2.3%
25NVIDIA CORP2.2%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 2% of similar ETFs💰 All-in cost cheaper than 5%📈 Higher 1-yr return than 3%📈 Higher 3-yr return than 3%📊 Behind its category by 26.0% (1-yr) (category average +16.1%)📊 Behind its category by 22.4% (3-yr) (category average +11.9%)

Versus the Equity (stocks) · United States · EUR ETFs we track.

Advanced risk

-0.87
Sortino (3y) ?
-0.25
Calmar (3y) ?
11.2%
Downside deviation ?
33%
Up months (hit rate) ?
$5.73
52-week high ?
$4.76
52-week low ?

Concentration depth

~24 ?
Effective number of holdings

Roughly 25 companies are held, but the largest names carry most of the weight — so it behaves like ~24 equal-sized positions.

Tilt vs a world tracker

United States+27.9
Technology+13.2
Financials-12.8
Industrials-6.7
Japan-5.9
Consumer Discretionary+5.5

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States stocks
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Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
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StocksAccumulatingPhysicalCheaper fee
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StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksAccumulatingPhysicalCheaper fee
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StocksPhysicalCheaper fee
Tracks a different index in the same category.
Index trackedS&P 500 Inverse Daily IndexS&P 500 IndexS&P 500 IndexS&P 500S&P 500 IndexS&P 500
Yearly fee (TER)0.50%0.09%0.10%0.10%0.02%0.07%0.06%
All-in cost0.50%0.00%0.10%0.00%0.00%0.07%0.00%
Fund size€0€691B€180.1B€154.3B€140.2B€134B€88.1B
DomicileLUUnited StatesIrelandIrelandUnited StatesIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.-10.5%+17.8%+17.9%+17.9%+19.4%+10.2%
5-yr return p.a.+11.5%+10.6%+11.5%+12.8%+5.5%
# holdings25505511511508511103

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Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

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