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3OIS

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Analysis and statistics

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About

3OIS.LSE refers to the Beta Shares US Solactive Innovation Index ETF. It tracks the Solactive US Innovation Index, providing exposure to a portfolio of US-listed companies involved in innovative technologies and industries like cloud computing, e-commerce, digital entertainment, fintech, health tech, and robotics & AI. The ETF is listed on the London Stock Exchange (LSE).
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Factors

Underlying Asset Performance: 3OIS.LSE aims to deliver triple the daily performance of an index, so the index's movements heavily influence its price.

Market Volatility: Higher volatility can increase trading costs and impact the ETF's tracking ability, affecting its price.

Supply and Demand: Like any security, increased demand pushes the price up, while increased supply pushes it down.

Tracking Error: Imperfect tracking of the target index can lead to deviations between the ETF's and the index's performance, influencing its price.

Expense Ratio: The ETF's management fees and other expenses reduce returns, indirectly affecting its price over time.

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