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457930

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1d
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1m

Analysis and statistics

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About

The ETF with the financial product symbol 457930.KO refers to the TIGER KOSDAQ150 Leverage Exchange Traded Fund. This ETF is designed to provide investors with twice (2x) the daily investment results of the KOSDAQ150 Index, which represents the performance of 150 leading companies listed on the KOSDAQ market in South Korea. It aims to amplify the returns of the underlying index but also carries increased risk due to its leveraged nature. Investors should be aware that leveraged ETFs are typically intended for short-term trading strategies and may not be suitable for long-term investment horizons.
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Factors

**Underlying Asset Performance**: The ETF's price closely mirrors the performance of the assets it holds. A rise in the price of those underlying assets leads to an increase in the ETF's price, and vice versa. **Supply and Demand**: High demand for the ETF can drive its price up, while increased selling pressure can push it down. Market sentiment and investor interest play a crucial role. **Index Tracking**: 457930.KO aims to replicate a specific index. Deviations from the index's performance (tracking error) can influence its price. **Management Fees & Expenses**: The ETF's operating expenses, including management fees, are deducted from its returns, which can slightly affect its price compared to the tracked index.

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