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354240

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Analysis and statistics

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About

354240.KO is the ticker symbol for the KODEX K-Growth ESG Active ETF listed on the Korea Exchange (KRX). This ETF seeks to track the performance of the K-Growth ESG index, employing an active management strategy. It invests in South Korean companies with high growth potential and strong Environmental, Social, and Governance (ESG) practices, aiming to generate returns exceeding the benchmark index while prioritizing sustainable and responsible investing principles. Investors can use this ETF to gain diversified exposure to the South Korean stock market with a focus on companies exhibiting both growth and ESG characteristics.
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Factors

Underlying Asset Performance: The ETF's price is primarily driven by the performance of the stocks it holds. Positive performance in those stocks leads to a price increase.

Supply and Demand: Increased demand for the ETF pushes its price up, while higher supply relative to demand lowers it.

Market Sentiment: Overall investor confidence and market trends can significantly influence the ETF's price, regardless of the underlying holdings' specific performance.

Expense Ratio: A higher expense ratio can indirectly affect the ETF's price by reducing its overall return.

Index Tracking Accuracy: How well the ETF replicates the index it aims to track impacts its perceived value and price.

Economic Factors: Macroeconomic conditions like interest rates, inflation, and GDP growth can influence investor behavior and, consequently, the ETF's price.

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