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279530

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--%
1d
1w
1m

Analysis and statistics

  • Open
    13055.9596$
  • Previous Close
    12878.6592$
  • 52 Week Change
    --
  • Day Range
    177.30$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

279530.KO refers to the KODEX KOFR 금리 액티브 ETF, which is a Korean Exchange Traded Fund (ETF) that tracks the Korea Overnight Financing Repo (KOFR) interest rate. It aims to provide investment returns that correspond to the daily changes in the KOFR rate by investing in short-term financial instruments. In essence, it's a low-risk investment vehicle for investors looking to track and benefit from short-term interest rate movements in the Korean market.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the stocks within its index. Positive stock movements generally increase the ETF's price, while negative movements decrease it.

Supply and Demand: Higher demand for the ETF pushes the price up, while increased selling pressure lowers it. Trading volume reflects this.

Market Sentiment: Overall investor optimism or pessimism towards the Korean stock market influences ETF pricing.

Currency Fluctuations: Changes in the KRW/USD exchange rate can affect the ETF's price, particularly for international investors.

Expense Ratio and Trading Costs: The ETF's expense ratio and brokerage fees impact the total return and attractiveness, influencing its price relative to competing ETFs.

Index Rebalancing: Changes in the underlying index composition can cause price fluctuations as the ETF adjusts its holdings.

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