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DBXE

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1m

Analysis and statistics

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About

DBXE.F refers to the Xtrackers IE Physical Fixed Income EUR Covered Bond UCITS ETF, an exchange-traded fund that invests in Euro-denominated covered bonds, providing exposure to the performance of a diversified portfolio of these debt instruments. These bonds are secured by a pool of assets, typically mortgages, and offer a layer of investor protection, making the ETF attractive for those seeking relatively safer fixed-income investments within the Eurozone.
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Factors

Understood, here's the response: Oil Price: DBXE.F tracks the Bloomberg Commodity ex-Agriculture & Livestock Energy Index, so crude oil price movements directly impact its value. Dollar Exchange Rate: As the ETF invests in USD-denominated energy futures, fluctuations in the EUR/USD exchange rate affect returns for Euro investors. Index Composition: Changes to the underlying index's components and weighting adjustments can lead to price changes in DBXE.F. Supply and Demand: Investor demand for DBXE.F units influences its market price, potentially causing deviations from its net asset value. Storage Costs: Costs to store commodities such as oil are factored into the price of oil future contracts. Changes in these costs will impact the price of the ETF.

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