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Four new ComStage ETFs launched on Xetra


Four new equity index funds issued by ComStage ETF have been tradable on Xetra since Tuesday. The new funds enable investors to invest for the first time in the performance of the SDAX and SPI indices.

The ComStage ETF SDAX TR on the SDAX TR (total return) index gives investors access to the SDAX selection index, which contains 50 smaller companies – small caps – from the traditional industrial sectors. Potential companies are only considered if they are continuously traded on Xetra, have a minimum free float of 10 per cent and are listed on the Prime Standard of the Frankfurter Wertpapierbörse (Frankfurt Stock Exchange – FWB).

The ComStage ETF SPI TR provides access to performance of the SPI Total Return (TR) index. This aims to track the development of the entire Swiss equity market and encompasses all company shares where the company has its legally registered office in Switzerland and its primary listing on SIX Swiss Exchange. The index is updated twice a year and adjusted annually.

The ComStage ETF DivDAX TR enables investors to invest in the performance of the DivDAX TR (total return) index. This contains the 15 companies in the DAX benchmark index with the highest dividend yield. The selected shares are weighted according to their free float market capitalisation, up to a maximum weighting of 10 per cent. The weightings are adjusted quarterly and a review of the composition takes place every September.

The ComStage ETF ShortDAX TR enables investors to participate in the performance of the ShortDAX TR (total return). The index tracks the inverse performance of the DAX benchmark index, so a negative change in the underlying index leads to positive performance by the ShortDAX TR and vice versa. Investors can thus profit from falling DAX prices.

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