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30IG

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    5.1677$
  • Previous Close
    5.1606$
  • 52 Week Change
    --
  • Day Range
    0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the financial product symbol 30IG.XETRA refers to the iShares Core DAX UCITS ETF (DE). This is a passively managed exchange-traded fund that aims to track the performance of the DAX index, which represents the 40 largest and most liquid German stocks traded on the Frankfurt Stock Exchange. The ".XETRA" designation indicates that the ETF is listed and traded on the XETRA trading platform, which is the electronic trading system of the Frankfurt Stock Exchange. The ETF is issued by iShares, which is a well-known provider of ETFs managed by BlackRock. Investors use this ETF to gain broad exposure to the German equity market and participate in the potential growth of leading German companies.
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Factors

Underlying Asset Performance: The price of the 30IG.XETRA ETF is primarily driven by the performance of the 30 German blue-chip stocks that comprise the DAX index, which it tracks. Their price fluctuations directly impact the ETF's value. Supply and Demand: Market forces of supply and demand for the ETF itself also play a role. Higher demand generally pushes the price up, while increased selling pressure can lower it. Investor Sentiment: Overall investor sentiment towards the German stock market and economy influences demand for the ETF. Positive sentiment tends to increase demand, whereas negative sentiment may lead to selling. Currency Fluctuations: Since the ETF invests in German companies, changes in the Euro to other currencies, like USD, can impact the ETF's price, especially for international investors. Expense Ratio and Tracking Error: The ETF's expense ratio and its ability to accurately track the DAX index (tracking error) can influence its price relative to the index. Dividend Payouts: Dividend payouts from the underlying companies can affect the ETF's net asset value and consequently its price.

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