As of December 2, 2016, db x-trackers - Stoxx Europe 600 Banks Short Daily UCITS ETF has gone out of business. db x-trackers - Stoxx Europe 600 Banks Short Daily UCITS ETF is an exchange traded fund launched by Deutsche Asset & Wealth Management Investment S.A. The fund is managed by State Street Global Advisors Limited. It invests in public equity markets of Europe. The fund takes short positions and uses derivatives such as swap agreements to invest in the stocks of companies operating in the banking sector. It invests in the stocks of companies across all market capitalizations. The fund seeks to replicate the performance of the STOXX Europe 600 Banks Short Index, by employing synthetic replication methodology. The index seeks to track the inverse of the daily performance of the STOXX Europe 600 Banks Index. It was formerly known as db x-trackers - Stoxx Europe 600 Banks Short Daily ETF. db x-trackers - Stoxx Europe 600 Banks Short Daily UCITS ETF was formed on January 25, 2008 and is domiciled in Luxembourg.