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›ETF Providers›SG Issuer›DAX3S
DAX3S
XS2425312480
Passive ETNEquity

DAX3S ETN · SG ETN DAX -3x Daily Short Collateral - EUR

The DAX3S Exchange Traded Note (ETN) is provided by SG Issuer. It is built to track an index: ShortDAX x3. The dividend policy is capitalization.
Last update Yesterday at 3:01 PM UTC
LIVE
CLOSED
This fund is part ofInverse Equities1M perf.+4.56%
Last price
€29.00
-1.66%
1M perf.
+17.80%
1M flows
N/A
AuM
€2.9M
E/R
0.69%
Rating
Not rated
ESG Consensus®
esg grade icon
DAX3S
€29.00
-1.66%

Performance & flows

December 15, 2025 → March 13, 2026
0-10-50510%JANFEBMAR
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DAX3S
€29.45
+8.18%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+17.80%
+8.18%
-20.16%
N/A
-81.44%
+23.23%
+11.56%
+11.56%
Flows

Key fund info

Main characteristics
Issuer
ISIN
XS2425312480
AuM
€2.9M
E/R
0.69%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
3/13/2026
€29.45
1D NAV change
+1.83%
Dividend policy
No income
Replication method
Other
Replication model
Other
No. of holdings
N/A
Inception date
9/11/2014
Jurisdiction
Luxembourg
Distribution
N/A
Legal structure
Debt instrument
Base currency
EUR
Classification
Product type
Benchmark
ShortDAX x3
Asset class
Factors
N/A
Investment strategy
The ETC provides three times the inverse daily performance, net of fees and costs, of the DAX Index. SG ETCs are 105% collateralized on a daily basis with UCITS compliant collateral (liquid and listed equity shares and eventually UCITS funds).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+8.18%
-20.16%
N/A
-81.44%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

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Sustainability

Integrates ESG criteria
No
SDG
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Issuer

SG Issuer
SG Issuer ID Card
Number of funds
62
Total AuM
€657M
Expense ratio range
0.25% - 1.2%
Average expense ratio
0.8224%

Frequently asked questions about DAX3S

What does SG ETN DAX -3x Daily Short Collateral - EUR, DAX3S, invest in?

DAX3S is a Passive ETF. This ETN provides inverse exposure (-3x) to Large Cap German Equities.

Which benchmark or index does DAX3S replicate?

DAX3S tracks the ShortDAX x3 TR - EUR, through a replication method.

What is the Total Expense ratio (TER) of DAX3S?

DAX3S carries a total expense ratio (TER) of 0.69%, indicating the annual cost for holding the fund.

When was DAX3S launched?

DAX3S was introduced to the market on September 11, 2014.

Who is the ETF issuer of DAX3S?

SG ETN DAX -3x Daily Short Collateral - EUR, DAX3S, is provided by SG Issuer. Learn more about SG Issuer here.

What is the current assets under management (AUM) of DAX3S?

DAX3S oversees €2.9M in assets as of March 13, 2026.

How has DAX3S performed lately?

Based on data from March 13, 2026, DAX3S returned 17.80% over the past month, 8.18% over the last three months and 11.56% year-to-date.

What is the base currency of DAX3S?

The base currency of DAX3S is EUR.

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