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Scalable MSCI AC World Leveraged ETF

The world: 2x leveraged

Gain leverage, simplified: With the Scalable MSCI AC World Leveraged Daily Swap Xtrackers ETF. The first ETF to offer true global leveraged exposure.

Investing involves risks. No investment advice.
ISIN: LU3386643970 | WKN: DBX2SC

Scalable MSCI AC World Leveraged ETF

True global leverage

First 2x on the MSCI AC World index

Hyper diversification

Developed and emerging markets

Simple access

Leverage in familiar ETF format

New ways to leverage

Broad global exposure with leverage in a simple structure.

Powered by the combined capital market expertise of Scalable & Xtrackers

Scalable MSCI All Country World Leveraged Daily Swap ETF

ISIN: LU3386643970 | WKN: DBX2SC

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Leverage global performance

Leveraged ETFs double daily market movements, amplifying both gains and losses. The following chart illustrates how this dual exposure affects long-term portfolio performance.

Boosted by a decade of growth, the 2x leveraged index returned 22.08% p.a. over 10 years, outperforming the standard MSCI ACWI's 12.02% p.a. However, sharper fluctuations highlight the impact of volatility drag during market shifts.

Index comparison of MSCI ACWI vs Leveraged MSCI ACWI

Line chart comparing the performance of the MSCI ACWI NTR Index and the MSCI ACWI NTR Index 2x from May 2016 to April 2026.

This graph represents the underlying net index performance. Actual ETF returns may vary due to tracking error, fund expenses and transaction costs.

Source: MSCI

Copyright MSCI 2026. Unpublished. All Rights Reserved.

This information may only be used for your internal use, may not be reproduced or  redisseminated in any form and may not be used to create any financial instruments or products or any indexes. None of this information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. This information is provided on an “as is” basis and the user of this information assumes the entire risk of any use it may make or permit to be made of this information. Neither MSCI, any or its affiliates or any other person involved in or related to compiling, computing or creating this information makes any express or implied warranties or representations with respect to such information or the results to be obtained by the use thereof, and MSCI, its affiliates and each such other person hereby expressly disclaim all warranties (including, without limitation, all warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any other person involved in or related to compiling, computing or creating this information have any liability for any direct, indirect, special, incidental, punitive, consequential or any other damages (including, without limitation, lost profits) even if notified of, or if it might otherwise have anticipated, the possibility of such damages.

Past performance is not a reliable indicator of future performance. Investment involves risks.

Unleash global potential

Gain leverage, simplified.

A leveraged ETF offers amplified participation in market movements (up and down) and simple access to leveraged exposure, eliminating complex derivatives trading.

Opportunities

  • Comprehensive global exposure
    The MSCI ACWI leveraged 2x index covers developed and emerging markets, providing exposure to 47 countries and more than 2,400 single stocks.

  • Amplified return potential
    Leverage aims to deliver twice the daily index performance, which can increase potential returns compared to an unleveraged investment.

  • Efficient capital use
    With leverage, a greater exposure to the index can be achieved without committing as much capital, leaving room for alternative asset allocation.

Risk

  • Amplified loss potential
    Doubled daily volatility amplifies losses up to twice that of an unleveraged investment  – increasing losses just as much as gains and raising total loss risk. However, maximum losses are strictly limited to your invested capital, with no margin call risk.

  • Daily reset mechanism
    Leverage ETFs reset their leverage daily to achieve the stated multiple of the daily return. Depending on entry timing, holding period and market developments, individual gains or losses may sit above or below the leverage factor.  

  • Compounding & volatility drag
    Leveraged ETF performance may deviate from the underlying index's multiple due to compounding, which boosts returns in trending markets but erodes value ("volatility drag") in volatile, sideways markets.

Power your portfolio

How a leveraged ETF can be used effectively.

Leveraged ETFs are for experienced investors: Active traders expressing short-term market views, and medium to long-term investors aiming to capture potential market upside despite elevated levels of volatility and risk.

Keep in mind: Leveraged ETFs are high-risk investments requiring regular monitoring. Avoid high concentrations.

FAQs

More questions about the Scalable Leverage ETF are answered on our FAQ page.