New Xtrackers ETF on Xetra: access to 500 largest US companies with currency hedging
A new exchange-traded fund issued by Xtrackers has been tradable on Xetra and Börse Frankfurt since Tuesday.
With the Xtrackers S&P 500 Swap UCITS ETF 5C - EUR Hedged, investors have access to the 500 largest listed US companies. The S&P 500 Index represents the most important industries and is considered an indicator for the development of the entire U.S. stock market.
In this accumulating, swap-based share class with annual ongoing charges of 0.20 per cent, currency risks against the euro are minimised.
| Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
| Xtrackers S&P 500 Swap UCITS ETF 5C - EUR Hedged | Equity ETF | LU2196472984 | 0.20 per cent | Accumulating | S&P 500 Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,709 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.