TER
0.45% p.a.
Distribution policy
Distributing
Replication
Swap-based
Fund size
3 m
Overview
Description
The Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF seeks to track the ShortMDAX® index. The ShortMDAX® index tracks the inverse performance of the MDAX® index on a daily basis. The MDAX® index tracks 50 German mid cap stocks which are listed on the Prime Standard segment of the Frankfurt Stock Exchange.
Short strategy
Chart
Basics
Data
| Index | ShortMDAX® |
| Investment focus | Equity, Germany |
| Fund size | GBP 3 m |
| Total expense ratio | 0.45% p.a. |
| Replication | Synthetic (Unfunded swap) |
| Legal structure | ETF |
| Strategy risk | Short |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 20.11% |
| Inception/ Listing Date | 18 February 2015 |
| Distribution policy | Distributing |
| Distribution frequency | At least annually |
| Fund domicile | Luxembourg |
| Fund Provider | Amundi ETF |
| Fund Structure | Company With Variable Capital (SICAV) |
| UCITS compliance | Yes |
| Administrator | SGSS |
| Investment Advisor | |
| Custodian Bank | BNP Paribas Securities Services |
| Revision Company | Ernst & Young |
| Fiscal Year End | 30 June |
| Swiss representative | Société Générale, Paris, Zweigniederlassung Zürich |
| Swiss paying agent | Société Générale, Paris, Zweigniederlassung Zürich |
| Germany | Tax transparent |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | No UK Reporting |
| Indextype | Total return index |
| Swap counterparty | BNP Paribas, Paris |
| Collateral manager | BNP Paribas Securities Services S.C.A., Luxembourg |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF.
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Performance
The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.
Returns overview
| YTD | -12.55% |
| 1 month | -4.47% |
| 3 months | -8.83% |
| 6 months | -23.67% |
| 1 year | -38.12% |
| 3 years | -35.95% |
| 5 years | -47.79% |
| Since inception (MAX) | - |
| 2023 | -12.27% |
| 2022 | -30.58% |
| 2021 | +18.23% |
| 2020 | -14.94% |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | - |
| Dividends (last 12 months) | - |
Historic dividend yields
| Period | Dividend in GBP | Dividend yield in % |
|---|---|---|
| 1 Year | - | - |
| 2018 | GBP 0.13 | 0.65% |
Dividend yield contribution
Monthly dividends in GBP
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 20.11% |
| Volatility 3 years | 22.19% |
| Volatility 5 years | 20.53% |
| Return per risk 1 year | -1.90 |
| Return per risk 3 years | -0.62 |
| Return per risk 5 years | -0.59 |
| Maximum drawdown 1 year | - |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | - |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Stuttgart Stock Exchange | EUR | E044 | - - | - - | - |
| XETRA | EUR | E044 | E044 GY CNAVE044 | E044.DE E044EURINAV=SOLA | Société Générale |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| Xtrackers ShortDAX Daily Swap UCITS ETF 1C | 207 | 0.40% p.a. | Accumulating | Swap-based |
| Xtrackers ShortDAX x2 Daily Swap UCITS ETF 1C | 135 | 0.60% p.a. | Accumulating | Swap-based |
| Xtrackers LevDAX Daily Swap UCITS ETF 1C | 49 | 0.35% p.a. | Accumulating | Swap-based |
| L&G DAX Daily 2x Short UCITS ETF | 40 | 0.60% p.a. | Accumulating | Swap-based |
| L&G DAX Daily 2x Long UCITS ETF | 30 | 0.40% p.a. | Accumulating | Swap-based |
Frequently asked questions
What is the name of E044?
The name of E044 is Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF.
What is the ticker of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF?
The primary ticker of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF is E044.
What is the ISIN of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF?
The ISIN of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF is LU1104582231.
What are the costs of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF?
The total expense ratio (TER) of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF amounts to 0.45% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
Is Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF paying dividends?
Yes, Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF is paying dividends. Usually, the dividend payments take place at least annually for Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF.
What's the fund size of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF?
The fund size of Lyxor ShortMDAX Daily (-1x) Inverse UCITS ETF is 3m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.