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The ETF is essentially a bet on a rising USD. Quite speculative and volatile, especially with Mr. T. I have one of these running in my GTAA model right now.

Your idea of a safe investment is more in line with a hedged US short: $PR1H
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@Epi too bad and I thought I had found the thing😂
Is there no bond ETF that distributes shares and is relatively stable?
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@Epi wouldn't I have the same currency risk with yours?
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@Therapeut $XEOD 😁

At $PR1H you only have the risk of your own currency: EUR. 😏
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@Therapeut Have a look at Justetf or Extraetf or Finanzfluss in the etf search. Choose bonds, money market, bonds, government bonds, highest or high credit rating, euro or euro-hedge, short term and distributing. I take accumulating ones, because I already pay enough to the tax office and the saver's allowance is exhausted. if you are looking for a safety anchor, you should not take a foreign currency, which then becomes speculative. It's okay with shares, that's the return component and you accept that.
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