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Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1C

Xtrackers · LU0411078636

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…

· Tracks the S&P 500 2x Inverse Daily Index index ?
Equity ?Accumulating ?Physical ?LU ?
Low yearly feeReinvests dividendsOwns the shares directlyUnited StatesConcentrated in a few names
Fund size (AUM) ?
€0
Risk level (SRI) ?
7 / 7 · High
1-year return ?
-26.1%
Price Return · to 2026-08-27
Yearly fee (TER) ?
0.00%
All-in cost ≈ 0.70%

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 31 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

0.00%Yearly fee (TER)
0.70%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. 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 2x Inverse Daily Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2010
16-year track record

Performance

24.860.997.0133169202120242026

Growth of $100 invested — the line starts at $100.

Xtrackers S&P 500 2x Inverse Daily Swap UCITS ETF 1C

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD-17.3%
1 year-26.1%
3 years-29.2%
5 years-18.9%

Return, year by year

+42.3
-33.8
-24.2
-33.7
'22'23'24'25
1 of 4 up yearsBest: 2022 +42.3%Worst: 2023 -33.8%Calendar-year total returns, in USD

How bumpy has it been?

26.4%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-70.6%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
-0.96
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-69.0%
Since inception
Total growth since launch — about -20.5% a year.
+57.1%
Best 12 months
The strongest one-year stretch on record.
-46.7%
Worst 12 months
The weakest one-year stretch on record.
-78.8%
Worst fall on record ?
It has not fully recovered yet.

What's inside

By sector ?

Technology47.0%
Financials13.0%
Industrials12.9%
Energy10.9%
Consumer Discretionary7.1%
Health Care6.2%
Communication Services2.6%
Materials0.4%

The 10 biggest holdings make up 53.3% of the fund — the rest is spread across roughly 21 more companies.

Top 10 holdings

#CompanyWeight
1ALTRIA GROUP INC7.9%
2WALT DISNEY6.5%
3REGENERON PHARMACEUTICALS5.8%
4CATERPILLAR INC5.7%
5GODADDY CLASS A5.1%
6DEVON ENERGY5.0%
7PHILLIPS4.4%
8AIR PRODUCTS AND CHEMICALS4.3%
9APPLE4.3%
10CIGNA4.2%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
LSEXT2DUSD★ Primary
EUR listings
Borsa ItalianaXT21EUR
FrankfurtDBPKEUR
USD listings
B2DBPKUSD
B2DBPKUSDUSD
B3DBPKDUSD
B3XT21MUSD
B3XT2DLUSD
B4DBPKUSDUSD
B4DBPKEURUSD
BQXT21MUSD
E1DBPKUSDUSD
E1DBPKGBXUSD
E1DBPKGBPUSD
E1DBPKEURUSD
E1DBPKUSD
EBDBPKDUSD
EBXT21MUSD
EBXT2DLUSD
EODBPKUSDUSD
EODBPKGBXUSD
EODBPKGBPUSD
EODBPKEURUSD
EODBPKUSD
EPDBPKUSDUSD
EPDBPKEURUSD
EPDBPKUSD
EUDBPKUSDUSD
EUDBPKUSD
EZDBPKUSD
EZDBPKEURUSD
EZDBPKUSDUSD
GDDBPKUSD
GFDBPKUSD
GHDBPKUSD
GIDBPKUSD
GMDBPKUSD
GSDBPKUSD
GTDBPKUSD
GZDBPKUSD
I2DBPKDUSD
I2XT21MUSD
IXXT2DLUSD
IXXT21MUSD
IXDBPKDUSD
L1XT2DLUSD
L1XT21MUSD
L1DBPKDUSD
L3XT21LUSD
L3XT21MUSD
L3XT2DLUSD
L3DBPKDUSD
LADBPKUSD
LUDBPKUSD
PODBPKDUSD
POXT21LUSD
POXT21MUSD
POXT2DLUSD
PZXT2DUSD
QEDBPKDUSD
QTDBPKUSD
QXDBPKDUSD
QXXT2DLUSD
S1XT21MUSD
S4XT21MUSD
T1DBPKDUSD
T2DBPKUSD
T2XT2DUSD
THDBPKUSD
TQXT2DLUSD
TQDBPKDUSD
WTDBPKUSD
WTXT2DUSD
X2DBPKEURUSD
X2DBPKUSDUSD
X9DBPKUSDUSD
X9DBPKEURUSD
XEDBPKEURUSD
XLDBPKGBXUSD
XLDBPKUSDUSD
XTDBPKGBXUSD
XVDBPKUSDUSD
XVDBPKGBXUSD
XVDBPKGBPUSD
XVDBPKEURUSD
XVDBPKUSD
XWDBPKUSD
XWDBPKEURUSD
XWDBPKGBPUSD
XWDBPKGBXUSD
XWDBPKUSDUSD
XXDBPKUSD
XXDBPKGBPUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-27 · the fund's own published holdings.

#CompanyWeight
1ALTRIA GROUP INC7.9%
2WALT DISNEY6.5%
3REGENERON PHARMACEUTICALS5.8%
4CATERPILLAR INC5.7%
5GODADDY CLASS A5.1%
6DEVON ENERGY5.0%
7PHILLIPS4.4%
8AIR PRODUCTS AND CHEMICALS4.3%
9APPLE4.3%
10CIGNA4.2%
11NORTHROP GRUMMAN CORP4.2%
12GENERAL MOTORS4.2%
13ALPHABET CLASS C4.1%
14M&T BANK4.1%
15PARKER-HANNIFIN CORP4.0%
16QNITY ELECTRONICS4.0%
17CME GROUP CLASS A3.4%
18INTERACTIVE BROKERS GROUP INC CLAS3.4%
19METTLER TOLEDO3.3%
20TRANSDIGM GROUP3.1%
21INGERSOLL RAND INC2.6%
22PPL CORP1.4%
23NVIDIA1.4%
24REGENCY CENTERS REIT CORP0.9%
25BERKSHIRE HATHAWAY INC CLASS B0.8%
26DOW0.6%
27FIDELITY NATIONAL INFORMATION SERV0.5%
28TEXTRON INC0.3%
29IDEXX LABORATORIES INC0.3%
30THERMO FISHER SCIENTIFIC INC0.0%
31LULULEMON ATHLETICA0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

💰 All-in cost cheaper than 0%📈 Higher 1-yr return than 1%📈 Higher 3-yr return than 1%📈 Higher 5-yr return than 3%📊 Behind its category by 42.3% (1-yr) (category average +16.2%)📊 Behind its category by 41.6% (3-yr) (category average +12.4%)📊 Behind its category by 25.3% (5-yr) (category average +6.3%)

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

Advanced risk

-1.28
Sortino (3y) ?
-0.41
Calmar (3y) ?
20.0%
Downside deviation ?
25%
Up months (hit rate) ?
$0.19
52-week high ?
$0.13
52-week low ?

Concentration depth

~22 ?
Effective number of holdings

Roughly 31 companies are held, but the largest names carry most of the weight — so it behaves like ~22 equal-sized positions.

Tilt vs a world tracker

United States+27.9
Technology+17.8
Energy+7.3
Japan-5.9
Communication Services-5.6
Consumer Staples-5.1

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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StocksPhysical
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StocksPhysical
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StocksAccumulatingPhysical
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StocksPhysical
Tracks a different index in the same category.
StocksAccumulatingPhysical
Tracks a different index in the same category.
StocksPhysical
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Index trackedS&P 500 2x Inverse Daily IndexS&P 500 IndexS&P 500S&P 500S&P 500 IndexS&P 500
Yearly fee (TER)0.00%0.09%0.10%0.10%0.02%0.07%0.06%
All-in cost0.70%0.00%0.10%0.00%0.00%0.07%0.00%
Fund size€0€701.2B€176.9B€154.3B€147.8B€134B€86.8B
DomicileLUUnited StatesIrelandIrelandUnited StatesIrelandUnited States
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.-29.2%+19.3%+17.5%+19.4%+19.4%+10.2%
5-yr return p.a.-18.9%+11.2%+10.2%+11.2%+12.8%+5.5%
# holdings31504511511508511103

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Data as of 2026-08-27 · Source: issuer data, compiled by Finance Hamster

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