(DX2X) Xtrackers - Stoxx Europe 600 - Ratings and Ratios
600 European Stocks
Description: DX2X Xtrackers - Stoxx Europe 600
The Xtrackers - Stoxx Europe600 UCITS ETF (XETRA:DX2X) is designed to track the performance of the STOXX Europe600 Index, which represents 600 companies across 18 European countries, covering large, medium, and small-cap stocks. The index is weighted by market capitalization, with a maximum weighting of 20% per company at each quarterly review.
To achieve its objective, the fund replicates the index by holding a substantial number of the constituent shares in the same proportion as the index. The index is calculated on a total return net basis, meaning that dividends and distributions are reinvested after tax. With an AUM of €3.07 billion, the fund provides broad exposure to the European equity market.
From a performance perspective, the funds tracking of the STOXX Europe600 Index suggests that it is likely to be highly correlated with the broader European market. Key performance indicators (KPIs) to monitor would include the funds tracking error, which measures the deviation of the funds returns from the index, as well as its expense ratio, which is likely to be relatively low given the funds passive management strategy.
In terms of investment characteristics, the fund can be expected to exhibit a beta close to 1 relative to the European market, given its broad diversification across 600 stocks. The funds sector allocation is likely to be well-diversified, with a mix of industries such as financials, consumer goods, and industrials. Investors can expect regular rebalancing of the funds portfolio to maintain its tracking of the index.
DX2X ETF Overview
| Market Cap in USD | 3,788m |
| Category | Europe Large-Cap Blend Equity |
| TER | 0.20% |
| IPO / Inception | 2009-01-20 |
DX2X ETF Ratings
| Growth Rating | 80.3% |
| Fundamental | - |
| Dividend Rating | 2.39% |
| Return 12m vs S&P 500 | -7.48% |
| Analyst Rating | - |
DX2X Dividends
Currently no dividends paidDX2X Growth Ratios
| Growth Correlation 3m | 74.8% |
| Growth Correlation 12m | 79.8% |
| Growth Correlation 5y | 89.5% |
| CAGR 5y | 15.60% |
| CAGR/Max DD 3y | 0.95 |
| CAGR/Mean DD 3y | 12.03 |
| Sharpe Ratio 12m | 0.93 |
| Alpha | 0.00 |
| Beta | 0.646 |
| Volatility | 13.77% |
| Current Volume | 10.1k |
| Average Volume 20d | 10.8k |
| Stop Loss | 135.8 (-3%) |
| Signal | -0.56 |
What is the price of DX2X shares?
Over the past week, the price has changed by -0.24%, over one month by -0.54%, over three months by +2.00% and over the past year by +9.66%.
Is Xtrackers - Stoxx Europe 600 a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DX2X is around 141.82 EUR . This means that DX2X is currently overvalued and has a potential downside of 1.29%.
Is DX2X a buy, sell or hold?
What are the forecasts/targets for the DX2X price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 158 | 12.8% |
DX2X Fundamental Data Overview
Market Cap EUR = 3.21b (3.21b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 EUR
Beta = 1.02
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.21b EUR (3.21b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 3.21b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.21b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = unknown
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT none, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(3.21b)/V(0.0) * Re(8.40%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(none)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)