Xtrackers IE Physical Silver ETC Securities logo

Xtrackers IE Physical Silver ETC Securities (XSLE)

Market Closed
31 Jul, 15:30
XETRA XETRA
60. 84
-1.17
-1.8947%
- Market Cap
- Div Yield
1,735 Volume
62.01
Previous Close
Add Transaction
Day Range
60.62 61.77
Year Range
40.4 132.49
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Summary

XSLE closed Friday lower at €60.84, a decrease of -1.8947% from Thursday's close, completing a monthly decrease of -0.3521% or -€0.21. Over the past 12 months, XSLE stock lost -25.3955%.
XSLE is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on XMIL (EUR).

XSLE Chart

Xtrackers IE Physical Silver ETC Securities (XSLE) FAQ

What is the stock price today?

The current price is €60.84.

On which exchange is it traded?

Xtrackers IE Physical Silver ETC Securities is listed on XETRA.

What is its stock symbol?

The ticker symbol is XSLE.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Xtrackers IE Physical Silver ETC Securities ever had a stock split?

No, there has never been a stock split.

Xtrackers IE Physical Silver ETC Securities Profile

XETRA Exchange
Germany Country

Overview

Xtrackers IE Physical Silver ETC EUR is a specialized exchange-traded commodity (ETC) tailored to provide investors an efficient pathway to gain exposure to the silver market. Unlike traditional investments in silver, which may involve the purchase and physical storage of silver bullion, this ETC offers a streamlined and cost-effective alternative. Its physical backing by actual silver bullion aims to mitigate counterparty risks usually associated with paper-based investments, making it a secure option for those looking to invest in precious metals. It's an innovation in the investment landscape, designed to track the spot price of silver in euros, thus catering specifically to investors looking to hedge against inflation, currency fluctuations or seeking diversification benefits in their investment portfolios. This ETC is a compelling choice for both individual and institutional investors interested in the precious metals sector, offering an accessible way to partake in the commodities market without the logistical burdens of physical silver ownership.

Products and Services

  • Physical Silver Backing

This core feature reassures investors of the intrinsic value of their investment, as it is directly backed by physical silver bullion stored securely. It counters the counterparty risk typically associated with derivative investments, offering a tangible assurance to those investing through the ETC.

  • Spot Price Tracking in Euros

Xtrackers IE Physical Silver ETC EUR is specifically designed to follow the spot price of silver, quoted in euros. This attribute makes it a suitable investment for euro-based investors seeking exposure to the silver market's fluctuations without engaging directly with commodity exchanges or dealing with the physical aspects of silver trading.

  • Investment Diversification and Inflation Hedging

The ETC serves as a strategic tool for investors aiming to diversify their portfolios beyond traditional stocks and bonds. By incorporating a tangible asset like silver, which often moves inversely to the broader market trends, investors can potentially reduce overall portfolio risk. Moreover, silver's historical performance as an inflation hedge adds another layer of investment appeal, providing a safeguard against currency devaluation and inflationary pressures.

  • Market Stability and Liquidity

With its physical backing, the ETC enhances the stability and liquidity of the silver market. This is particularly attractive to institutional investors looking to execute large volume trades without significantly affecting the price. It also benefits individual investors by providing a more stable and liquid market, allowing for smoother entry and exit from positions.

Contact Information

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