DWEX is back! A(nother) new Darwinex Index by DarwinexLabs called INDX

[ncfx]

Will see how it behaves when markets go down...?

 

[IlIlIlIlI]

Close to 20 mln AuM when INDX is going down more than 20 pts

 

[IlIlIlIlI]

 

[CavaliereVerde]

-7% in a month is nothing special.
What bothers me is the absence of investable attributes and the impossibility to plot or backtest with other darwins.
Return of L1Y beats 90% of visible darwins.

 

[CavaliereVerde]

Something is moving, now we have a "Compare to benchmark (spx500)"
👍

 

[IlIlIlIlI]

Something is moving, now we have a "Compare to benchmark (spx500)"
👍

Nobody with a little braion and experience would call the S&P the benchmark for a completely intransparent portfolio of Darwins called INDX which includes high risk positions like oil and gold and maybe worse risky stuff.

This is a complete different risk class and I think Darwinex disqualifies itself with such a BS.
Of course they can compare it, but they shouldn't call it their benchmark for INDX.

While the S&P500 pays dividends nearly daily, Darwinex takes daily fees which are NOT SHOWN in the chart presentation. So they are beaten by the S&P500 in the last trailing month !!

Just for documentation - as it looks like the honeymoon for INDX is over:

SPX (S&P 500 index) today: (remember - the benchmark! 🙂)

• Current: 6,716.09
• Last ATH: 7,002.28 (01/28/2026)
• Drawdown: (6,716.09 − 7,002.28) / 7,002.28 = −4.09%
• Days since ATH: 50 days

INDX investor drawdown - how did they do(uble) it?