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CSY8

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1d
1w
1m

Analysis and statistics

  • Open
    152.2394$
  • Previous Close
    152.4197$
  • 52 Week Change
    --
  • Day Range
    -0.18$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

CSY8.F is the Bloomberg ticker symbol for the Xtrackers MSCI USA UCITS ETF 1C - EUR Hedged. This ETF aims to track the performance, before fees and expenses, of the MSCI USA Index, while also hedging against the fluctuations between the Euro (EUR) and the US Dollar (USD). The underlying MSCI USA Index represents a broad segment of the U.S. equity market. The "UCITS" designation indicates that the ETF adheres to the Undertakings for Collective Investment in Transferable Securities directive, a regulatory framework within the European Union. The "1C" classification generally signifies a distributing share class, meaning it typically pays out dividends to its investors. The EUR Hedged feature seeks to mitigate the impact of currency movements between the Euro and the US Dollar, making it potentially more attractive to Euro-based investors who want exposure to the U.S. market without being overly exposed to currency risk.
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Factors

Underlying Asset Performance: The primary driver is the performance of the underlying assets (stocks, bonds, etc.) that comprise the CSY8.F ETF's portfolio. If these assets increase in value, the ETF's price typically rises, and vice-versa. Supply and Demand: General market forces of supply and demand influence the ETF's trading price. Higher demand generally leads to price increases, while increased supply can lower the price. Investor Sentiment: Overall investor sentiment towards the asset class or geographical region the ETF tracks can impact its price. Positive sentiment often drives increased investment, pushing prices upward. Expense Ratio: While not a direct price influencer, a high expense ratio can reduce the overall return of the ETF, making it less attractive to some investors and potentially impacting long-term price appreciation. Tracking Error: The ETF's ability to accurately track its benchmark index affects its appeal. A high tracking error, where the ETF's performance deviates significantly from the index, may deter investors and impact its price.

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