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21XP

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1m

Analysis and statistics

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About

The ETF with the ticker symbol 21XP.XETRA on the XETRA exchange refers to the iShares Core DAX UCITS ETF. This ETF aims to track the performance of the DAX index, which represents the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. It provides investors with a diversified exposure to the German equity market in a single investment vehicle, typically with a relatively low expense ratio. The fund is managed by BlackRock, one of the world's largest asset managers.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the assets it holds, so their price fluctuations directly impact the ETF's value.

Supply and Demand: Higher demand for the ETF pushes its price up, while increased selling pressure leads to price decreases.

Market Sentiment: Overall investor mood and risk appetite affect buying and selling decisions, influencing the ETF's price.

Expense Ratio: The ETF's management fees can subtly affect its price by reducing returns over time.

Tracking Error: How closely the ETF mirrors its benchmark index impacts its price relative to the intended performance.

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