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5MVW

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol 5MVW.XETRA refers to the Xtrackers MSCI World Momentum UCITS ETF 1C. This ETF tracks the MSCI World Momentum Index, which aims to represent the performance of equity securities from developed countries exhibiting relatively high momentum characteristics. It's designed to provide investors with exposure to global developed market equities that have shown strong recent price increases. The "UCITS" designation means it's a Undertakings for Collective Investment in Transferable Securities compliant fund, regulated under European Union law, allowing it to be sold across Europe. The "1C" typically indicates that it's a distributing share class, meaning it pays out dividends to investors rather than reinvesting them within the fund.
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Factors

Under 1200 characters. Under 100 words. Underlying Asset Value: The ETF's price closely tracks the net asset value (NAV) of the stocks it holds. A rise/fall in these stocks' prices directly impacts the ETF.

Supply and Demand: Higher demand pushes the price up, while increased selling pressure can lower it. Creation/redemption of ETF units adjusts supply.

Market Sentiment: Overall investor confidence or fear towards the German stock market and the sectors represented in the ETF influence trading activity and price.

Exchange Rates: As 5MVW.XETRA is traded in euros, fluctuations in the euro's exchange rate against other currencies can indirectly affect its appeal to international investors.

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