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461460

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Analysis and statistics

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About

The financial product symbol 461460.KO refers to the KODEX K-Growth ESG Active ETF. This ETF, listed on the Korea Exchange (KRX), tracks the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices while also aiming for active investment strategies to generate alpha. Its underlying index focuses on Korean companies that excel in ESG metrics and exhibit growth potential. Investors interested in responsible investing and potential outperformance may consider this ETF as part of their portfolio.
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Factors

Fundamentally, 461460.KO's price mirrors its Net Asset Value (NAV).

Underlying Asset Prices: The ETF's price heavily depends on the prices of the securities it holds. If the underlying stocks increase, the ETF's NAV and price generally rise.

Supply and Demand: High demand can push the market price above the NAV, creating a premium. Conversely, high selling pressure leads to a discount.

Market Sentiment: Overall investor optimism or pessimism affects demand. Positive sentiment often increases buying, while negative sentiment increases selling.

Index Tracking: The ETF aims to replicate a specific index. Deviations from perfect tracking can slightly affect the price compared to the index's performance.

Currency Fluctuations: For ETFs holding international assets, exchange rate changes between the Korean Won and other currencies can impact the ETF's price.

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