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DBXW

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1d
1w
1m

Analysis and statistics

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About

DBXW.XETRA is the ticker symbol for the Xtrackers MSCI World Momentum UCITS ETF. This exchange-traded fund aims to replicate the performance of the MSCI World Momentum Index, which tracks the performance of large and mid-cap stocks across developed countries that exhibit relatively high price momentum. The ETF is traded on the XETRA exchange, a German electronic trading platform, and provides investors with exposure to a diversified portfolio of global equities selected for their upward price trends. The ETF seeks to achieve its investment objective by investing directly in the constituents of the index and employs a full replication strategy where possible.
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Factors

Underlying Asset Performance: DBXW.XETRA tracks an index. The ETF's price directly reflects the index's constituent assets' movements.

Supply and Demand: Higher demand pushes the price up; increased supply lowers it. Trading activity in the ETF itself influences price.

Investor Sentiment: Overall market optimism or pessimism impacts ETF prices. Negative news can trigger sell-offs, lowering prices.

Expense Ratio and Tracking Error: While not direct, higher fees or significant deviation from index performance can make it less attractive, impacting price.

Currency Exchange Rates: If the ETF holds assets denominated in other currencies, exchange rate fluctuations will affect the ETF's price.

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