(XSPX) Xtrackers SP500 Swap 1C - Ratings and Ratios

The Xtrackers S&P 500 Swap UCITS ETF 1C CHF (SW:XSPX) is a UCITS-compliant ETF managed by DWS, domiciled in Luxembourg. This structure offers investors the benefits of transparency and liquidity typically associated with UCITS funds.

Primarily, the ETF provides exposure to the Morningstar US Large-Mid NR USD Index, which focuses on large to medium-sized companies in the US. Utilizing a swap-based replication strategy, the fund employs synthetic replication through derivative contracts with counterparties, thereby mirroring index performance without holding physical securities.

Listing on the SIX Swiss Exchange under the ticker XSPX, the ETF is denominated in Swiss Francs (CHF). With total assets under management of approximately CHF 4574 million, it represents a substantial fund. The expense ratio, while competitive, is [insert specific figure here], making it an attractive option for cost-conscious investors.

This ETF appeals particularly to Swiss investors seeking US market exposure with currency hedging, mitigating risks associated with USD/CHF exchange rate fluctuations. However, investors should be aware of the counterparty risk inherent in the swap agreements, which is a critical consideration for this investment.

Overall, the Xtrackers S&P 500 Swap UCITS ETF 1C CHF is suited for those aiming for long-term growth through large-cap US equities, offering a strategic blend of market access and currency management.