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401170

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1d
1w
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Analysis and statistics

  • Open
    7062.1021$
  • Previous Close
    7014.6511$
  • 52 Week Change
    --
  • Day Range
    47.45$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

401170.KO is the financial product symbol for the KODEX KOFR 금리 액티브 ETF (KODEX KOFR Interest Rate Active ETF), which is a South Korean exchange-traded fund that invests in Korean Overnight Financing Rate (KOFR) instruments to generate returns that closely track short-term interest rates in South Korea.
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Factors

Underlying Index Performance: The primary driver is the performance of the index it tracks. If the index rises, the ETF price generally rises too.

Supply and Demand: Higher demand pushes prices up, while higher supply pushes them down, reflecting investor sentiment.

Net Asset Value (NAV): The market price should closely track the ETF's NAV, which is the per-share value of its holdings.

Expense Ratio: Higher expense ratios can subtly affect returns over time compared to similar ETFs.

Trading Volume/Liquidity: Low liquidity can lead to wider bid-ask spreads, potentially impacting trading costs.

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