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DRGN

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1m

Analysis and statistics

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About

DRGN.XETRA refers to the Dragon German High Yield Target Return Bond ETF. This Exchange Traded Fund (ETF) invests primarily in a diversified portfolio of high-yield corporate bonds denominated in Euros. It seeks to provide investors with a target return by actively managing the portfolio's duration and credit risk. The ETF is listed on the XETRA exchange in Germany, providing easy access for European investors seeking exposure to the high-yield Euro bond market.
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Factors

Underlying Asset Performance: The ETF's price mirrors the Dragon Index performance, so gains or losses in those companies directly impact its value. Supply and Demand: Higher demand pushes the price up, while increased selling pressure lowers it. Market sentiment plays a crucial role here. Currency Fluctuations: As it's listed on XETRA, Euro fluctuations versus the underlying assets' currencies will affect its price. Expense Ratio & Trading Costs: Although indirectly, higher expense ratios or trading costs can influence investor appetite, affecting demand.

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