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204480

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Analysis and statistics

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About

The ETF with the financial product symbol 204480.KO refers to the KODEX US Bond SOFR Active ETF. This ETF is listed and traded on the Korea Exchange (KRX) and primarily invests in US Dollar denominated SOFR-linked floating rate bonds, aiming to provide investment returns that closely track the performance of the Secured Overnight Financing Rate (SOFR) based bond market. It is offered by Samsung Asset Management.
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Factors

Underlying Assets: The performance of the stocks comprising the underlying index greatly influences the ETF's price.

Supply and Demand: Increased buying pressure drives prices up, while selling pressure pushes them down.

Market Sentiment: Overall investor confidence or fear in the market affects ETF demand.

Expense Ratio: Higher fees can slightly detract from returns, impacting price in the long run.

Tracking Error: Differences between the ETF's and index's returns can affect its perceived value.

Index Reconstitution: Changes to the underlying index holdings can cause price fluctuations.

Currency Fluctuations: If the ETF holds foreign assets, exchange rate changes impact the price when converted back to the base currency.

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