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DBX3

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1m

Analysis and statistics

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About

DBX3.XETRA refers to an exchange-traded fund (ETF) called Xtrackers MSCI World UCITS ETF 1C, listed on the XETRA exchange, which is the electronic trading platform of the Frankfurt Stock Exchange. This ETF aims to replicate the performance of the MSCI World Index, providing investors with exposure to a broad range of developed market equities worldwide. The "UCITS" designation signifies that the ETF complies with the Undertakings for Collective Investment in Transferable Securities Directive, a European Union regulatory framework. The "1C" likely indicates a specific share class, potentially with different features or distribution policies.
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Factors

Underlying Index Performance: The DBX3.XETRA ETF price closely tracks the Solactive Global Hydrogen Performance Index. Fluctuations in this index directly impact the ETF's value.

Supply and Demand: Increased investor demand drives the ETF price up, while higher supply leads to a price decrease. Trading volume reflects investor interest.

Net Asset Value (NAV): The NAV represents the per-share value of the ETF's holdings. Deviations between the ETF's market price and NAV can occur due to market forces.

Hydrogen Industry News: Positive or negative news regarding the hydrogen industry, technological advancements, or policy changes affects investor sentiment and the ETF price.

Currency Exchange Rates: As a global ETF, currency fluctuations between the Euro and other currencies impact returns, particularly for investors holding the ETF in a different currency.

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