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0061

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
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  • Previous Close
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  • 52 Week Change
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  • Day Range
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

The ETF with the financial product symbol 0061.TW refers to 元大台灣50 (Yuanta/Polaris Taiwan Top 50 ETF). This ETF tracks the performance of the FTSE Taiwan RIC Capped Index, providing investors exposure to the 50 largest companies in Taiwan by market capitalization. It's a popular and widely traded ETF on the Taiwan Stock Exchange, commonly used for passive investment strategies and benchmarking.
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Factors

Underlying Index Performance: The primary driver is the performance of the underlying index (e.g., Taiwan 50).

Supply and Demand: Higher demand pushes the price up, while increased supply lowers it.

Net Asset Value (NAV): Reflects the total value of the ETF's holdings per share; deviations create arbitrage opportunities.

Market Sentiment: General investor mood towards the Taiwan stock market influences ETF demand.

Expense Ratio: While not directly affecting daily price, higher expense ratios impact long-term returns.

Currency Fluctuations: Changes in the exchange rate between the NTD and other currencies affect the value.

Dividend Payments: Distributions from underlying holdings can affect the ETF's price around ex-dividend dates.

Trading Volume/Liquidity: Higher liquidity generally leads to tighter bid-ask spreads and more efficient pricing.

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