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381170

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Analysis and statistics

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About

381170.KO is the stock code for the TIGER US High Yield Bond Active ETF listed on the Korea Exchange (KRX). This ETF aims to generate income by investing primarily in US dollar-denominated high-yield corporate bonds. It's an actively managed fund, meaning the portfolio manager selects and adjusts the bond holdings based on their market outlook and investment strategy, rather than simply tracking a specific index. Investors in this ETF should understand the risks associated with high-yield bonds, which typically have lower credit ratings and are more susceptible to market fluctuations compared to investment-grade bonds.
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Factors

Underlying Index Performance: 381170.KO's price closely tracks the index it replicates. Higher index values drive prices up.

Supply and Demand: ETF prices fluctuate based on buying and selling pressure. Higher demand usually increases the price.

Market Sentiment: General investor optimism or pessimism affects ETF prices. Positive sentiment can lead to price increases.

Expense Ratio: Although not directly impacting the price moment-to-moment, the expense ratio represents the annual cost of holding the ETF.

Dividend Yield: The ETF's dividend payouts, reflecting dividends from underlying holdings, can influence its attractiveness and thus, price.

Tracking Error: The difference between the ETF's performance and the index it tracks can affect investor confidence and price.

Currency Fluctuations: If the underlying assets are denominated in a different currency, exchange rate movements impact the ETF's price in the local currency.

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