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453810

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1m

Analysis and statistics

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About

The financial product symbol 453810.KO refers to the KODEX K-Growth ESG Active ETF. It is a Korean Exchange Traded Fund that focuses on companies with strong Environmental, Social, and Governance (ESG) practices and growth potential within the Korean market. This ETF aims to provide investors with exposure to sustainable and growing businesses in South Korea.
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Factors

Underlying Asset Performance: The primary driver is the performance of the stocks held within the 453810.KO ETF. Positive stock performance increases the ETF's net asset value (NAV) and price. Supply and Demand: Market demand for the ETF relative to its supply also affects its price. Higher demand typically pushes the price up, while increased supply may lower it. Market Sentiment: Overall investor sentiment regarding the Korean stock market and the specific sectors represented in the ETF can influence buying and selling pressure. Currency Fluctuations: Changes in the exchange rate between the Korean Won and other currencies, particularly the investor's home currency, can impact returns and affect demand. Expense Ratio: While not directly affecting the price, a high expense ratio can reduce the ETF's attractiveness to investors compared to similar, lower-cost alternatives.

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