Xtrackers S&P 500 Equal Weight UCITS ETF (IT:XDEE) Price & Chart
IT:XDEE ETF Chart & Stats
- Day’s Range
- EUR 12.20 - EUR 12.29
- 52-Week Range
- EUR 10.38 - EUR 12.63
- Previous Close
- EUR 12.26
- Volume
- 98.22K
- Average Volume (3M)
- 51.38K
- AUM
- 1.52B
- NAV
- 12.36
- Expense Ratio
- 0.30%
- Holdings Count
- 506
- Beta
- 0.44
- Inception Date
- Nov 03, 2021
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 110,244,530
- Standard Deviation
- N/A
ETF Overview
Xtrackers S&P 500 Equal Weight UCITS ETF
The Xtrackers S&P 500 Equal Weight UCITS ETF, trading under the ticker IT:XDEE, is a compelling investment vehicle designed to offer exposure to large-cap equities within the renowned S&P 500 index. This ETF stands out by employing an equal-weighting strategy, diverging from the traditional market-capitalization approach, to level the playing field among the 500 companies it encompasses. By allocating an equal proportion of investment to each constituent, the ETF mitigates the dominance of mega-cap stocks, providing a more balanced representation of the broader market. Categorized under the 'Size and Style' segment, this fund zeroes in on large-cap stocks, typically characterized by their established market presence and financial stability. However, its unique niche lies in its broad-based focus, offering investors a diversified portfolio that captures the essence of large-cap performance without the skewing effect of size bias. Ideal for investors seeking a diversified approach to large-cap U.S. equities with a twist, the Xtrackers S&P 500 Equal Weight UCITS ETF offers the potential for enhanced returns and reduced concentration risk, making it a strategic addition to any portfolio aiming for balanced growth.