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407170

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Analysis and statistics

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About

The ETF financial product symbol 407170.KO refers to the KODEX K-Growth ESG Active ETF, traded on the Korea Exchange (KRX). This ETF aims to track the performance of companies demonstrating strong environmental, social, and governance (ESG) practices within the Korean market. It employs an active management strategy, meaning the fund manager selects and weights the portfolio's holdings based on their analysis of ESG factors and growth potential, rather than strictly replicating a passive index. Investors seeking exposure to Korean companies with a focus on sustainable and responsible business practices may find this ETF appealing.
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Factors

Underlying Index Performance: Tracks KOSPI 200, so its price fluctuates with the index's movements.

Supply and Demand: Higher demand pushes the price up, while increased supply can lower it.

Investor Sentiment: General market optimism or pessimism influences buying/selling decisions.

Economic Conditions: Macroeconomic factors like interest rates and inflation impact stock values.

Currency Exchange Rate: Affects returns for international investors due to won fluctuations.

ETF Management Fees: Lower fees can make the ETF more attractive, impacting its price indirectly.

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