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BEWZ39

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1m

Analysis and statistics

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About

The ETF with the ticker symbol BEWZ39.SA traded on the B3 stock exchange (Sao Paulo, Brazil) is the iShares S&P Global Clean Energy Index ETF BDR. It seeks to track the investment results of the S&P Global Clean Energy Index, which is comprised of global equities in the clean energy sector. BDRs (Brazilian Depositary Receipts) allow Brazilian investors to invest in securities that trade on foreign exchanges.
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Factors

Underlying Asset Performance: BEWZ39.SA's price mirrors the performance of the assets it holds, primarily Brazilian real-denominated bonds.

Interest Rate Fluctuations: Changes in Brazilian interest rates impact bond values, affecting the ETF's net asset value.

Currency Exchange Rates: The BRL/USD exchange rate influences the ETF's price for international investors.

Supply and Demand: Trading activity and investor sentiment can cause price deviations from the net asset value.

Market Liquidity: Lower trading volumes can lead to wider bid-ask spreads and price volatility.

Inflation Expectations: Anticipated inflation in Brazil impacts bond yields and, consequently, the ETF's value.

Credit Risk: Changes in the perceived creditworthiness of Brazilian issuers can affect bond prices.

Economic Growth: Brazil's economic performance impacts investor confidence and bond market sentiment.

Global Events: International economic or political events can influence investor risk appetite and capital flows.

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