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455890

$--
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1d
1w
1m

Analysis and statistics

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About

455890.KO is the symbol for the KODEX KOFR 금리 액티브 ETF, an exchange-traded fund (ETF) listed on the Korea Exchange (KRX). This ETF seeks 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. Essentially, it's a low-risk investment vehicle that aims to mirror the returns of overnight repurchase agreements in the Korean financial market.
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Factors

Underlying Asset Performance: The ETF's price largely mirrors the performance of the assets it holds, primarily Korean stocks in this case.

Supply and Demand: Higher demand for the ETF increases its price, while increased selling pressure decreases it.

Market Sentiment: Overall investor optimism or pessimism toward the Korean stock market can influence the ETF's value.

Currency Exchange Rates: Fluctuations in the KRW/USD exchange rate impact the value of the underlying Korean stocks when priced in USD.

Management Fees & Expenses: The ETF's expense ratio can subtly affect returns and therefore its price over time.

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