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475070

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Analysis and statistics

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About

475070.KO is the financial product symbol for the KODEX K-Growth ESG Active ETF, listed on the Korea Exchange (KRX). This ETF aims to provide investment returns that track the performance of a basket of Korean companies demonstrating strong environmental, social, and governance (ESG) practices, with active management strategies employed to potentially enhance returns beyond a purely passive index-tracking approach. The underlying portfolio includes companies considered to be leaders in ESG performance within the Korean market, appealing to investors seeking both financial returns and responsible investment opportunities.
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Factors

Underlying Index Performance: The ETF's price largely mirrors the performance of the underlying index it tracks, KOSPI 200.

Supply and Demand: Higher demand drives the price up, while increased selling pressure lowers it.

Net Asset Value (NAV): The ETF price stays close to its NAV, reflecting the combined value of its holdings. Deviations create arbitrage opportunities.

Market Sentiment: Overall investor confidence and economic outlook influence ETF valuations.

Management Fees & Expenses: The ETF's expense ratio reduces returns and indirectly affects its attractiveness.

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