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18MM

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

Analysis and statistics

  • Open
    628.6278$
  • Previous Close
    627.1719$
  • 52 Week Change
    --
  • Day Range
    1.46$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol 18MM.XETRA is the iShares MSCI World Momentum Factor UCITS ETF. It tracks the performance of an index composed of developed market equities exhibiting relatively high momentum characteristics. This ETF is listed on the XETRA exchange, which is the electronic trading platform of the Frankfurt Stock Exchange.
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Factors

Underlying Asset Performance: The ETF's price mirrors the performance of its underlying assets. If those assets increase in value, so should the ETF.

Supply and Demand: High demand pushes the price up, while increased supply can lower it. Market sentiment drives this dynamic.

Index Tracking Accuracy: Deviations from the target index's performance can impact the ETF's price relative to its net asset value.

Expense Ratio: Higher fees charged by the ETF manager can indirectly affect returns, impacting the perceived value and price.

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