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238720

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Analysis and statistics

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About

238720.KO refers to the KODEX K-Growth ESG Active ETF. This ETF is listed on the Korea Exchange (KRX) and aims to track the performance of companies with strong environmental, social, and governance (ESG) practices while also incorporating active management strategies to potentially outperform a passive benchmark. It primarily invests in South Korean equities that meet the fund's ESG criteria.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the assets it holds.

Supply and Demand: Higher demand pushes the price up, while increased supply leads to a price decrease.

Market Sentiment: Overall investor optimism or pessimism can impact trading activity and thus price.

Index Tracking Accuracy: How well the ETF mirrors the index affects its price relative to the index's value.

Expense Ratio: Higher fees can detract from returns, potentially affecting price.

Currency Fluctuations: If the ETF holds assets in a different currency, exchange rate changes impact value.

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