Xtrackers S&P 500
Large US companies
Details
ETF description
This ETF aims to replicate the performance of the S&P 500 (GBP hedged) index, offering investors diversified exposure to the 500 largest companies in the United States. It’s designed for investors seeking exposure to the US market while managing currency risk, as the ETF employs a strategy to mitigate the impact of currency fluctuations between the British pound and the US dollar.
This ETF might appeal to those looking for exposure to the American market while seeking to reduce potential currency‑related volatility.
Issuer details
Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.
Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.
Index details
The S&P 500 index is a stock market index which measures the performance of 500 large companies listed on stock exchanges in the United States.
The index is weighted by market capitalisation, meaning that larger companies have a higher weight in the index, and a greater influence on the index’s performance. It is one of the most commonly followed equity indices, and is often used by investors as a benchmark for the overall performance of the U.S. stock market.