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138910

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol 138910.KO on the Korea Exchange (KRX) refers to the KODEX KOFR 금리 액티브 (합성) ETF. This ETF aims to track the performance of the Korea Overnight Financing Repo Rate (KOFR) and employs an active management strategy using swaps or other instruments to achieve its investment objective. It provides investors with a convenient way to gain exposure to short-term money market rates in Korea, offering potentially higher returns compared to traditional deposit accounts, but with associated risks.
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Factors

Underlying Asset Performance: The primary driver is the performance of the underlying Korean stocks tracked by the ETF.

Supply and Demand: Higher demand for the ETF pushes the price up, while increased selling pressure lowers it.

Korean Market Sentiment: Overall investor confidence and economic outlook in South Korea significantly impact the ETF.

Currency Fluctuations: Changes in the KRW/USD exchange rate can affect the value of the ETF for foreign investors.

Expense Ratio: The ETF's management fees and other expenses can slightly reduce returns and influence its attractiveness.

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