Xtrackers S&P 500 Inverse Daily Swap UCITS ETF 1C (XSPS.L)
About this ETF
This index aims to provide investors with a daily inverse exposure to the performance of the 500 largest publicly traded companies in the United States. Essentially, it's structured to reflect the returns one would achieve by taking a short position on these major U.S. corporations. These companies collectively account for approximately 80% of the free-float market capitalization, meaning the value of their shares readily available for trading. The weight of each company within the index is determined by its market capitalization, adjusted for the number of shares not freely traded. The index's composition undergoes a quarterly review and adjustment. For a more in-depth understanding of the index's specific selection criteria and weighting methodology, comprehensive details are accessible on the S&P…
Price
Top 10 holdings
| AMAZON COM INC AMZN | 6.28% |
| APPLIED MATERIAL INC AMAT | 5.42% |
| RTX CORP RTX | 4.87% |
| DEXCOM INC DXCM | 4.79% |
| MARVELL TECHNOLOGY INC MRVL | 4.74% |
| ADVANCED MICRO DEVICES INC AMD | 4.67% |
| SERVICENOW INC NOW | 4.59% |
| JOHNSON & JOHNSON JNJ | 4.41% |
| TESLA INC TSLA | 4.23% |
| ALPHABET INC CLASS C GOOG | 4.02% |
Sector mix
Price chart
Returns
| 1 month | -0.69% |
| 3 months | -7.96% |
| 6 months | -4.76% |
| Year to date | -5.70% |
| 1 year | -11.67% |
| 3 years (ann.) | -11.01% |
| 5 years (ann.) | -6.66% |
| 10 years (ann.) | -11.85% |
Risk profile
| Volatility (1y, ann.) | 15.82% |
| Sharpe (1y) | -0.71 |
| Sharpe (3y) | -0.34 |
| Sortino (1y) | -0.99 |
| Max drawdown (1y) | -16.94% |
| Max drawdown (5y) | -52.52% |
| Max drawdown (full) | -95.54% |
| Beta vs S&P 500 (1y) | -0.80 |
| Correlation vs S&P 500 (1y) | -0.64 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Accumulating share class Income is reinvested inside the fund instead of being paid out. (inferred from the absence of distributions)
No distributions on record — accumulating share classes reinvest income instead of paying it out.
ESG profile
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 37.0% |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 32.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 29.3% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 29.0% |
| iShares Core S&P 500 UCITS ETF SXR8.DE | 0.07% | 151.54B | 29.0% |

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