Deutsche Börse is expanding its offering in the area of short indices. As of today, the company calculates ShortTecDAX which is offered to investors as a hedge against falling prices.…
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The daily performance of ShortTecDAX is directly opposed to that of TecDAX, i.e. if TecDAX rises by 5 percent ShortTecDAX falls by 5 percent, and vice versa.
TecDAX comprises the 30 largest companies from the technology sector below DAX according to market capitalization and stock exchange turnover.
Source: ETFWorld – Deutsche Börse
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