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DBXK

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Analysis and statistics

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About

DBXK.F refers to a Euro Stoxx ex Financials UCITS ETF traded on the Frankfurt Stock Exchange (indicated by the ".F"). This Exchange Traded Fund aims to replicate the performance of the STOXX® Europe Total Market Ex Financials index. The index represents European equities, excluding companies classified in the financial sector. By excluding financial companies, this ETF allows investors to gain exposure to a broader European market while avoiding direct investment in banks, insurance companies, and other financial institutions. It's managed by DWS, the asset management arm of Deutsche Bank.

Factors

Underlying Index Performance: The price of DBXK.F closely tracks the Solactive United States Technology 100 Index. If the index rises, DBXK.F's price generally increases and vice-versa.

Supply and Demand: High demand for DBXK.F can push its price above its net asset value (NAV), while increased selling pressure can cause it to trade at a discount.

Exchange Rate Fluctuations: As DBXK.F trades in EUR, fluctuations in the EUR/USD exchange rate can affect its price, especially since the underlying assets are primarily US-based.

Management Fees and Expenses: These ongoing costs reduce the fund's net asset value and can slightly impact its price over time.

Market Sentiment: General investor confidence or fear in the technology sector or the overall market can influence buying and selling decisions related to DBXK.F.

Economic Conditions: Economic indicators like interest rates, inflation, and GDP growth can indirectly affect the performance of technology companies and, consequently, DBXK.F's price.

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