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18M1

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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol 18M1.F is the iShares MSCI World Islamic UCITS ETF USD (Acc). This ETF aims to track the investment results of an index composed of Shariah-compliant companies from developed markets globally, offering exposure to global equities that adhere to Islamic investment principles. It's domiciled in Ireland and traded on the Frankfurt Stock Exchange.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the assets it holds. If the underlying assets increase in value, the ETF price will likely rise, and vice versa.

Supply and Demand: High demand for the ETF can drive up its price, while increased selling pressure can lead to a price decline, independent of the underlying assets.

Expense Ratio: A higher expense ratio can slightly depress the ETF's overall return and, consequently, its price relative to a similar ETF with a lower expense ratio.

Tracking Error: The ETF's ability to accurately mirror the performance of its benchmark index influences its price. Higher tracking error can lead to deviations.

Market Sentiment: Overall investor optimism or pessimism about the market sector or asset class the ETF represents can impact its price.

Currency Fluctuations: If the ETF invests in foreign assets, changes in currency exchange rates can affect the ETF's price, particularly for unhedged ETFs.

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