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411060

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1d
1w
1m

Analysis and statistics

  • Open
    21051.9393$
  • Previous Close
    21010.4891$
  • 52 Week Change
    --
  • Day Range
    41.45$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

411060.KO represents the KODEX KOFR Interest Rate Active ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF aims to track the performance of the Korea Overnight Financing Repo (KOFR) interest rate, providing investors with exposure to short-term money market rates in South Korea. It is designed as a low-risk investment vehicle, typically offering returns that are similar to overnight lending rates.
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Factors

Underlying Assets' Performance: The price of the ETF directly reflects the collective performance of the stocks it holds.

Supply and Demand: Increased buying pressure pushes the price up, while increased selling pressure pushes it down.

Investor Sentiment: Overall market optimism or pessimism affects the ETF's price, impacting trading activity.

Fund Flows: Large inflows suggest positive sentiment, potentially increasing price. Outflows may decrease it.

Expense Ratio: A high expense ratio can subtly drag on returns, affecting the price over time.

Tracking Error: Deviations from the target index can influence the ETF's perceived value and price.

Market Conditions: Broad economic trends and global events influence the stock market, impacting ETF prices.

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