Xtrackers S&P 500 UCITS ETF 4C

XDPU is consistently paired with US equity ETFs, most notably XNAS (Nasdaq 100) and IXUA (S&P 500), alongside the emerging markets fund IS3N. Across the three portfolios, XNAS dominates with allocations ranging from 40% to 70%, while XDPU itself is held at 10% to 20%, and IS3N and IXUA each appear at 10% to 20%. The role of XDPU appears to be a stabilizer within a heavily tech-tilted portfolio: as XNAS weight rises, XDPU weight falls, and the portfolios with higher XDPU exposure (20%) show lower volatility (16.6% vs 18.3%) and shallower drawdowns (22.3% vs 24.5%), suggesting it dampens the Nasdaq's swings while still capturing US large-cap growth.

All three portfolios come from the same user (user-5us6my), so they represent one strategy family rather than independent community views. The pattern shows a deliberate scaling of risk: the highest-Sharpe version (0.84) uses 40% XNAS and 20% XDPU, while the most aggressive version (0.72) uses 70% XNAS and only 10% XDPU. This indicates that EuroFolio members treat XDPU as a core S&P 500 building block to moderate a Nasdaq-heavy growth bet, not as a standalone driver. The consistent inclusion of IS3N and IXUA at 10-20% each also shows a preference for broad global diversification, with XDPU serving as the US anchor that ties the equity sleeve together.