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ETFS DAX Daily 2x Long GO ETF(DEL2)

Description: The ETFS DAX® Daily 2x Long GO UCITS ETF (DEL2) is designed to track the performance of the LevDAX® x2 Index (the "Tracked Index"). The Tracked Index is a strategic index that is designed to provide twice the daily percentage change in the level of the DAX® Index (the "Underlying Index") less an implied amount reflecting the cost of borrowing additional capital to invest in the index portfolio to create the leveraged position (the "Financing Cost"). This magnified exposure is known as 'leveraged' exposure. For example, if the Underlying Index was to decrease in value by 5% on a particular day, the Tracked Index is designed to decrease in value by 10% on that day, subject to the adjustment for the Financing Cost. DEL2 is designed to reflect the performance of the Tracked Index, minus fees and expenses. DEL2 is an exchange traded fund ("ETF").


Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leverage Rowing Dax Deutsche Boerse Dax Index

Home Page:

DEL2 Technical Analysis

Exchange: LSE

Country: UK : United Kingdom

Currency: Euro (€)

Category: Trading - Leveraged/Inverse Equity

Asset Allocation
Asset Class Long % Short % Net Assets
Other 100.00 0.00 100.00
Sector Weights
Sector Equity % Relative to Category
World Regions
Region Equity % Relative to Category
United Kingdom 0.00 0.53
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