Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1C
Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1C is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XT2D (ISIN LU0411078636). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. At its core it is a focused, thematic fund: it concentrates on the technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, 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. Rather than a manager picking stocks, it simply replicates the S&P 500 2x Inverse Daily Index index — the passive, low-cost approach, and its largest holdings include INTEL CORPORATION CORP, MICRON TECHNOLOGY INC and APPLE INC. It holds around 27 positions (the ten largest ≈ 56%), spreading risk so no single holding decides your outcome. By geography it is weighted towards ~100% United States. By industry it concentrates most in ~47% Technology and ~13% Financials. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 7 out of 7 and its price has swung about 26.6% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2010. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Xtrackers.)
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About this fund
What you own
The S&P 500 2x Inverse Daily Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 27 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
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
Performance
Growth of $100 invested — the line starts at $100.
End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.
Return, year by year
How bumpy has it been?
The bigger picture
What's inside
By sector ?
The 10 biggest holdings make up 56.0% of the fund — the rest is spread across roughly 17 more companies.
Top 10 holdings
| # | Company | Weight |
|---|---|---|
| 1 | INTEL CORPORATION CORP | 8.7% |
| 2 | MICRON TECHNOLOGY INC | 8.7% |
| 3 | APPLE INC | 7.9% |
| 4 | METLIFE INC | 5.4% |
| 5 | MICROSOFT CORP | 4.4% |
| 6 | WASTE MANAGEMENT INC | 4.3% |
| 7 | BERKSHIRE HATHAWAY INC CLASS B | 4.3% |
| 8 | DEVON ENERGY CORP | 4.2% |
| 9 | GENERAL MOTORS | 4.1% |
| 10 | UNITED PARCEL SERVICE INC CLASS B | 4.0% |
Where to buy this fund
Set from your language & location — change it if it's wrong.
Where it trades
| Exchange | Ticker | Currency | |
|---|---|---|---|
| LSE | XT2D | USD | ★ Primary |
| B2 | DBPK | USD | |
| B2 | DBPKUSD | USD | |
| B3 | DBPKD | USD | |
| B3 | XT21M | USD | |
| B3 | XT2DL | USD | |
| B4 | DBPKUSD | USD | |
| B4 | DBPKEUR | USD | |
| Borsa Italiana | XT21 | EUR | |
| BQ | XT21M | USD | |
| E1 | DBPKUSD | USD | |
| E1 | DBPKGBX | USD | |
| E1 | DBPKGBP | USD | |
| E1 | DBPKEUR | USD | |
| E1 | DBPK | USD | |
| EB | DBPKD | USD | |
| EB | XT21M | USD | |
| EB | XT2DL | USD | |
| EO | DBPKUSD | USD | |
| EO | DBPKGBX | USD | |
| EO | DBPKGBP | USD | |
| EO | DBPKEUR | USD | |
| EO | DBPK | USD | |
| EP | DBPKUSD | USD | |
| EP | DBPKEUR | USD | |
| EP | DBPK | USD | |
| EU | DBPKUSD | USD | |
| EU | DBPK | USD | |
| EZ | DBPK | USD | |
| EZ | DBPKEUR | USD | |
| EZ | DBPKUSD | USD | |
| Frankfurt | DBPK | EUR | |
| GD | DBPK | USD | |
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| GT | DBPK | USD | |
| GZ | DBPK | USD | |
| I2 | DBPKD | USD | |
| I2 | XT21M | USD | |
| IX | XT2DL | USD | |
| IX | XT21M | USD | |
| IX | DBPKD | USD | |
| L1 | XT2DL | USD | |
| L1 | XT21M | USD | |
| L1 | DBPKD | USD | |
| L3 | XT21L | USD | |
| L3 | XT21M | USD | |
| L3 | XT2DL | USD | |
| L3 | DBPKD | USD | |
| LA | DBPK | USD | |
| LU | DBPK | USD | |
| PO | DBPKD | USD | |
| PO | XT21L | USD | |
| PO | XT21M | USD | |
| PO | XT2DL | USD | |
| PZ | XT2D | USD | |
| QE | DBPKD | USD | |
| QT | DBPK | USD | |
| QX | DBPKD | USD | |
| QX | XT2DL | USD | |
| S1 | XT21M | USD | |
| S4 | XT21M | USD | |
| T1 | DBPKD | USD | |
| T2 | DBPK | USD | |
| T2 | XT2D | USD | |
| TH | DBPK | USD | |
| TQ | XT2DL | USD | |
| TQ | DBPKD | USD | |
| WT | DBPK | USD | |
| WT | XT2D | USD | |
| X2 | DBPKEUR | USD | |
| X2 | DBPKUSD | USD | |
| X9 | DBPKUSD | USD | |
| X9 | DBPKEUR | USD | |
| XE | DBPKEUR | USD | |
| XL | DBPKGBX | USD | |
| XL | DBPKUSD | USD | |
| XT | DBPKGBX | USD | |
| XV | DBPKUSD | USD | |
| XV | DBPKGBX | USD | |
| XV | DBPKGBP | USD | |
| XV | DBPKEUR | USD | |
| XV | DBPK | USD | |
| XW | DBPK | USD | |
| XW | DBPKEUR | USD | |
| XW | DBPKGBP | USD | |
| XW | DBPKGBX | USD | |
| XW | DBPKUSD | USD | |
| XX | DBPK | USD | |
| XX | DBPKGBP | USD |
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows
Full holdings
As of 2026-07-17 · the fund's own published holdings.
| # | Company | Weight |
|---|---|---|
| 1 | INTEL CORPORATION CORP | 8.7% |
| 2 | MICRON TECHNOLOGY INC | 8.7% |
| 3 | APPLE INC | 7.9% |
| 4 | METLIFE INC | 5.4% |
| 5 | MICROSOFT CORP | 4.4% |
| 6 | WASTE MANAGEMENT INC | 4.3% |
| 7 | BERKSHIRE HATHAWAY INC CLASS B | 4.3% |
| 8 | DEVON ENERGY CORP | 4.2% |
| 9 | GENERAL MOTORS | 4.1% |
| 10 | UNITED PARCEL SERVICE INC CLASS B | 4.0% |
| 11 | BOEING | 4.0% |
| 12 | QNITY ELECTRONICS INC | 3.9% |
| 13 | RESMED INC | 3.9% |
| 14 | NVIDIA CORP | 3.8% |
| 15 | GODADDY INC CLASS A | 3.6% |
| 16 | FIDELITY NATIONAL INFORMATION SERV | 3.3% |
| 17 | PHILLIPS | 3.2% |
| 18 | BROADCOM INC | 3.2% |
| 19 | FORD MOTOR | 3.0% |
| 20 | SANDISK CORP | 2.8% |
| 21 | APA CORP | 2.7% |
| 22 | META PLATFORMS INC CLASS A | 2.6% |
| 23 | UNITEDHEALTH GROUP INC | 2.3% |
| 24 | GE VERNOVA INC | 0.7% |
| 25 | DOW INC | 0.4% |
| 26 | EOG RESOURCES INC | 0.4% |
| 27 | EXPAND ENERGY CORP | 0.3% |
How it ranks vs peers
Versus the Equity (stocks) · United States · EUR ETFs we track.
Advanced risk
Concentration depth
Roughly 27 companies are held, but the largest names carry most of the weight — so it behaves like ~20 equal-sized positions.
Tilt vs a world tracker
Percentage points over / under a broad world-equity tracker (not a licensed benchmark).
Documents
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.
| Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1CXtrackersYou're viewing | State Street® SPDR® S&P 500® ETF TrustSPDRBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | State Street® SPDR® Portfolio S&P 500® ETFSPDRBroader match | iShares Core S&P 500 UCITS ETFiSharesBroader match | Schwab U.S. Dividend Equity ETFSchwabBroader match | |
|---|---|---|---|---|---|---|---|
| Why it's similar | This is the fund on this page. | StocksPhysical Tracks a different index in the same category. | StocksPhysical Tracks a different index in the same category. | StocksAccumulatingPhysical Tracks a different index in the same category. | StocksPhysical Tracks a different index in the same category. | StocksAccumulatingPhysical Tracks a different index in the same category. | StocksPhysical Tracks a different index in the same category. |
| Index tracked | S&P 500 2x Inverse Daily Index | S&P 500 Index | S&P 500 Index | S&P 500 | S&P 500 Index | S&P 500 | |
| Yearly fee (TER) | 0.00% | 0.09% | 0.10% | 0.10% | 0.02% | 0.07% | 0.06% |
| All-in cost | 0.70% | 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 |
| Domicile | LU | United States | Ireland | Ireland | United States | Ireland | United States |
| Replication | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) | Physical (full) |
| 3-yr return p.a. | -24.7% | +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% | ||
| # holdings | 27 | 505 | 511 | 511 | 508 | 511 | 103 |
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Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.