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2CAR

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1d
1w
1m

Analysis and statistics

  • Open
    12.4592$
  • Previous Close
    12.0675$
  • 52 Week Change
    --
  • Day Range
    0.39$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The ETF with the ticker symbol 2CAR.XETRA refers to the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). This ETF is designed to track the performance of an index composed of companies involved in electric vehicles and driving technologies. It offers investors exposure to a basket of global companies engaged in the development, production, and distribution of electric vehicles, batteries, autonomous driving systems, and related technologies. The "UCITS" designation indicates that the ETF is compliant with Undertakings for Collective Investment in Transferable Securities regulations, making it widely available to investors in Europe and other regions. The "(Acc)" signifies that the ETF is accumulating, meaning that any dividends earned by the underlying holdings are reinvested back into the fund, rather than being distributed to shareholders. The "XETRA" part means it's traded on the XETRA exchange.
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Factors

Underlying Index Performance: The price mirrors the performance of the MSCI China A Index.

Supply and Demand: High demand drives prices up, while increased selling pressure lowers them.

Currency Fluctuations: Changes in the Euro/Renminbi exchange rate can impact returns.

Fund Management Fees: Ongoing expenses reduce the net asset value and therefore the price.

Market Sentiment: Overall investor confidence in Chinese equities influences demand.

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