Key stats
About Amundi Shortdax Daily (-1x) Inverse Distribution -UCITS ETF-
Home page
Inception date
Mar 3, 2023
Structure
Luxembourg SICAV
Replication method
Synthetic
Dividend treatment
Distributes
Primary advisor
Amundi Luxembourg SA
ISIN
LU2572257041
To track the performance of SHORTDAX Index and to minimize the tracking err between the net asset value of the sub-fund and the performance of the Index.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AHYK assets under management is 25.04 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AHYK invests in stocks. See more details in our Analysis section.
AHYK expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
AHYK is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
AHYK shares are issued by SAS Rue la Boétie
AHYK follows the ShortDAX Daily Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 3, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.