# Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C (XT2D)

**Source:** https://fundology.uk/fund/xt2d · ISIN LU0411078636 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, XT2D (Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C, ISIN LU0411078636) closed at $0.1549 on the London Stock Exchange. Its ongoing charge is 0.70% a year (about £70 on £10,000). Over the five years to 30/09/2026 its total return was −66.3%, or −73.6% after UK CPIH inflation.

## Summary

Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C is an exchange-traded fund (ETF) from Xtrackers, launched in 2010. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.7% a year — about £70 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **$0.1549** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XT2D |
| ISIN | LU0411078636 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | S&P 500 2x Inverse Daily Index |
| Income | Accumulating |
| Ongoing charge | 0.70% a year (£70 per £10,000) |
| Fund size | £25.9m |
| Launched | 2010 |
| Domicile | Luxembourg |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -19.66% | -22.18% | income reinvested |
| 3 years | -66.16% | -69.46% | income reinvested |
| 5 years | -66.26% | -73.63% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C in pounds (price, with income reinvested in the fund): 2022 +48.7%, 2023 −34.8%, 2024 −28.7%, 2025 −29.9%; 2026 to 30/09/2026 −15.5%. Returns of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −22.0%; to 30/09/2025: −23.1%; to 30/09/2024: −43.6%; to 30/09/2023: −33.5%; to 30/09/2022: +56.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +48.7% | +36.1% | Price |
| 2023 | -34.8% | -37.4% | Price |
| 2024 | -28.7% | -31.2% | Price |
| 2025 | -29.9% | -32.3% | Price |
| 2026 to 30/09/2026 | -15.5% | -17.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 24.46% | -32.26% |
| 3 years | 28.52% | -70.59% |
| 5 years | 33.33% | -78.49% |

## Largest fall

Volatility of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C in pounds, annualised from weekly returns to 30/09/2026: 24.5% over 1 year, 28.5% over 3 years, 33.3% over 5 years. Largest fall in the price of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C since October 2021, in pounds: −78.5% from 30/09/2022 to 14/08/2026. The lowest 12-month return of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C in pounds (price, with income reinvested in the fund) since January 2021 was −48.2% (12 months to 25/10/2024); the highest was +61.5% (12 months to 04/11/2022). On 30/09/2026 the price of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C was 77.5% below its highest weekly close since October 2021 (30/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers S&P 500 2X INVERSE DAILY UCITS ETF Capitalisation E1C 0.70% a year, as of 01/10/2026: 163 of the 280 other leveraged and inverse products charge more, 0 the same and 117 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.70%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.