L&G DAX Daily 2x Short UCITS ETF (LON:DES2)

Assets	17.15M
Expense Ratio	0.60%
PE Ratio	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Ex-Dividend Date	n/a
Payout Frequency	n/a
Payout Ratio	n/a
1-Year Return	-16.42%

Volume	40,106
Open	0.5345
Previous Close	0.5357
Day's Range	0.5301 - 0.5419
52-Week Low	0.4962
52-Week High	0.7380
Beta	-2.08
Holdings	1
Inception Date	Jun 22, 2009

About DES2

L&G DAX Daily 2x Short UCITS ETF is an exchange traded fund launched by GO ETF Management Limited. It is managed by GO ETF Solutions LLP. The fund invests in the public equity markets of Germany. It takes short positions and uses derivatives such as swaps to invest in the stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap companies. It seeks to replicate the performance of the ShortDAX x2 Index, by employing synthetic replication methodology. The index seeks to track twice the inverse of the daily performance of the DAX Index. The fund was formerly known as GO UCITS ETF Solutions Plc - ETFS DAX Daily 2x Short GO UCITS ETF. L&G DAX Daily 2x Short UCITS ETF was formed on June 15, 2009 and is domiciled in Ireland.

• Asset Class: Equity
• Category: Large Cap
• Stock Exchange: London Stock Exchange
• Ticker Symbol: DES2
• Provider: L&G
• Index Tracked: ShortDax x2 Index - EUR

Performance

DES2 had a total return of -16.42% in the past year, including dividends. Since the fund's inception, the average annual return has been -26.64%.

Top Holdings

Name	Symbol	Weight
TRS FSE Short DAX X2 TR EUR	n/a	100.00%

Data Sources: S&P Global Market Intelligence, Financial Modeling Prep, and more

Historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 23, 2026

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