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243880

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1d
1w
1m

Analysis and statistics

  • Open
    31723.4295$
  • Previous Close
    32353.98$
  • 52 Week Change
    --
  • Day Range
    -630.55$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

243880.KO is the financial product symbol for the KODEX Fn K-New Deal ETF, a South Korean exchange-traded fund. This ETF tracks the FnGuide K-New Deal Index, which comprises companies expected to benefit from South Korea's "New Deal" policy, focusing on digital and green technologies, and safety net strengthening. This ETF is listed on the Korea Exchange.

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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of its underlying assets. If the value of the stocks, bonds, or commodities held by the ETF increases, the ETF's price will generally rise, and vice versa.

Supply and Demand: Market forces of supply and demand directly impact the ETF's price. High demand typically drives prices upward, while increased supply can push prices down.

Net Asset Value (NAV): The NAV, representing the total value of the ETF's assets minus liabilities divided by outstanding shares, acts as a benchmark for the ETF's market price. Deviations between the market price and NAV may trigger arbitrage opportunities.

Investor Sentiment: Overall investor optimism or pessimism can influence the ETF's price, potentially leading to price fluctuations beyond what is justified by fundamental factors.

Economic Conditions: Broader economic indicators, such as interest rates, inflation, and GDP growth, can indirectly affect the ETF's price by influencing the performance of the underlying assets and overall market sentiment.

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