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474800

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Analysis and statistics

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About

The ETF with the symbol 474800.KO on the Korean Exchange (KRX) is the KODEX KOFR 금리 액티브(합성) ETF. This ETF aims to track the performance of the Korea Overnight Financing Repo Rate (KOFR), providing investors with exposure to short-term interest rates in the Korean money market. It's an actively managed fund with a synthetic replication strategy, meaning it uses derivatives to achieve its investment objective rather than directly holding the underlying securities. The KOFR benchmark reflects the overnight borrowing and lending rates in the Korean repo market, making this ETF a useful tool for managing interest rate risk or seeking returns from short-term interest rate movements.
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Factors

Underlying Asset Performance: 474800.KO tracks the KODEX K-Growth ESG Leaders Index. The ETF's price heavily relies on the performance of companies within this index, so fluctuations in the stock prices of companies included in the index significantly impact the ETF's value.

Supply and Demand: General supply and demand forces in the ETF market also play a role. If there is high demand for 474800.KO, its price may increase, and conversely, if there is significant selling pressure, the price may decrease.

Market Sentiment: Overall market sentiment toward Korean stocks and ETFs, including investor risk appetite, economic outlook, and news events, can influence the demand for 474800.KO and subsequently affect its price.

Index Composition Changes: Periodic rebalancing or changes in the KODEX K-Growth ESG Leaders Index composition can impact the ETF's holdings and its subsequent price.

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