Deutsche Bank has launched four short db x-trackers ETFs on the Xetra trading platform.
The four new ETFs provide inverse exposure to basic resources, industrial goods, utilities and insurance, by tracking Dow Jones Stoxx 600 indices.
The range includes the db x-trackers DJ Stoxx 600 Basic Resources Short Daily, the DJ Stoxx 600 Industrial Goods Short Daily, the DJ Stoxx 600 Utilities Short Daily, and the DJ Stoxx 600 Insurance Short Daily.
By providing inverse exposure, the ETFs enable investors to benefit from the falling performance of leading companies in the relevant sectors, based in Western Europe.
The latest launch boosts the product offering on Xetra's XTF segment to 485 ETFs. XTF, which is part of the Deutsche Börse Group, has recorded an average monthly trading volume of over €9bn.
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