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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 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.)

· 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 ?
-24.2%
Price Return · to 2026-07-17
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 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

0.00%Yearly fee (TER)
0.70%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 2x Inverse Daily Index
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2010
16-year track record

Performance

25.059.293.3127162202120242026

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-10.6%
1 year-24.2%
3 years-24.7%

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?

26.6%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-69.6%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
-0.81
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-66.5%
Since inception
Total growth since launch — about -19.7% 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.
-78.1%
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 56.0% of the fund — the rest is spread across roughly 17 more companies.

Top 10 holdings

#CompanyWeight
1INTEL CORPORATION CORP8.7%
2MICRON TECHNOLOGY INC8.7%
3APPLE INC7.9%
4METLIFE INC5.4%
5MICROSOFT CORP4.4%
6WASTE MANAGEMENT INC4.3%
7BERKSHIRE HATHAWAY INC CLASS B4.3%
8DEVON ENERGY CORP4.2%
9GENERAL MOTORS4.1%
10UNITED PARCEL SERVICE INC CLASS B4.0%

Where to buy this fund

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

Where it trades

ExchangeTickerCurrency
LSEXT2DUSD★ Primary
B2DBPKUSD
B2DBPKUSDUSD
B3DBPKDUSD
B3XT21MUSD
B3XT2DLUSD
B4DBPKUSDUSD
B4DBPKEURUSD
Borsa ItalianaXT21EUR
BQXT21MUSD
E1DBPKUSDUSD
E1DBPKGBXUSD
E1DBPKGBPUSD
E1DBPKEURUSD
E1DBPKUSD
EBDBPKDUSD
EBXT21MUSD
EBXT2DLUSD
EODBPKUSDUSD
EODBPKGBXUSD
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EODBPKUSD
EPDBPKUSDUSD
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EZDBPKUSD
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EZDBPKUSDUSD
FrankfurtDBPKEUR
GDDBPKUSD
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GHDBPKUSD
GIDBPKUSD
GMDBPKUSD
GSDBPKUSD
GTDBPKUSD
GZDBPKUSD
I2DBPKDUSD
I2XT21MUSD
IXXT2DLUSD
IXXT21MUSD
IXDBPKDUSD
L1XT2DLUSD
L1XT21MUSD
L1DBPKDUSD
L3XT21LUSD
L3XT21MUSD
L3XT2DLUSD
L3DBPKDUSD
LADBPKUSD
LUDBPKUSD
PODBPKDUSD
POXT21LUSD
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POXT2DLUSD
PZXT2DUSD
QEDBPKDUSD
QTDBPKUSD
QXDBPKDUSD
QXXT2DLUSD
S1XT21MUSD
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T1DBPKDUSD
T2DBPKUSD
T2XT2DUSD
THDBPKUSD
TQXT2DLUSD
TQDBPKDUSD
WTDBPKUSD
WTXT2DUSD
X2DBPKEURUSD
X2DBPKUSDUSD
X9DBPKUSDUSD
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XEDBPKEURUSD
XLDBPKGBXUSD
XLDBPKUSDUSD
XTDBPKGBXUSD
XVDBPKUSDUSD
XVDBPKGBXUSD
XVDBPKGBPUSD
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XVDBPKUSD
XWDBPKUSD
XWDBPKEURUSD
XWDBPKGBPUSD
XWDBPKGBXUSD
XWDBPKUSDUSD
XXDBPKUSD
XXDBPKGBPUSD
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
1INTEL CORPORATION CORP8.7%
2MICRON TECHNOLOGY INC8.7%
3APPLE INC7.9%
4METLIFE INC5.4%
5MICROSOFT CORP4.4%
6WASTE MANAGEMENT INC4.3%
7BERKSHIRE HATHAWAY INC CLASS B4.3%
8DEVON ENERGY CORP4.2%
9GENERAL MOTORS4.1%
10UNITED PARCEL SERVICE INC CLASS B4.0%
11BOEING4.0%
12QNITY ELECTRONICS INC3.9%
13RESMED INC3.9%
14NVIDIA CORP3.8%
15GODADDY INC CLASS A3.6%
16FIDELITY NATIONAL INFORMATION SERV3.3%
17PHILLIPS3.2%
18BROADCOM INC3.2%
19FORD MOTOR3.0%
20SANDISK CORP2.8%
21APA CORP2.7%
22META PLATFORMS INC CLASS A2.6%
23UNITEDHEALTH GROUP INC2.3%
24GE VERNOVA INC0.7%
25DOW INC0.4%
26EOG RESOURCES INC0.4%
27EXPAND ENERGY CORP0.3%

⭳ 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%📊 Behind its category by 40.4% (1-yr) (category average +16.2%)📊 Behind its category by 36.7% (3-yr) (category average +12.1%)

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

Advanced risk

-1.09
Sortino (3y) ?
-0.36
Calmar (3y) ?
20.2%
Downside deviation ?
33%
Up months (hit rate) ?
$0.19
52-week high ?
$0.13
52-week low ?

Concentration depth

~20 ?
Effective number of holdings

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

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

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Matched on🌍 United States stocks
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StocksAccumulatingPhysical
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Index trackedS&P 500 2x Inverse Daily IndexS&P 500 IndexS&P 500 IndexS&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€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.-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%
# holdings27505511511508511103

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

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