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167860

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Analysis and statistics

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About

167860.KO is the ticker symbol for the KODEX K-Growth ESG Active ETF, an exchange-traded fund (ETF) listed on the Korea Exchange. This ETF seeks to provide investment returns that reflect the performance of a portfolio primarily composed of South Korean companies demonstrating strong environmental, social, and governance (ESG) practices. The fund utilizes an active management strategy, meaning the fund managers actively select and adjust the portfolio holdings with the goal of outperforming a specific benchmark, rather than passively tracking an index. It allows investors to gain exposure to Korean equities with a focus on companies with sustainable and responsible business practices.
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Factors

Underlying Index Performance: 167860.KO tracks a specific index. If the index constituents increase in value, the ETF's price generally rises. Conversely, price decreases occur if the index declines.

Supply and Demand: High demand for 167860.KO can drive up its price. Conversely, increased selling pressure can lower its price.

Investor Sentiment: Overall market optimism or pessimism affects ETF prices. Positive sentiment boosts prices; negative sentiment decreases them.

Management Fees and Expenses: These costs, although small, incrementally reduce the ETF's returns and influence its price over time.

Currency Exchange Rates: For ETFs holding international assets, currency fluctuations between the Korean Won and other currencies can impact the ETF's value.

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