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DX2K

$--
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1d
1w
1m

Analysis and statistics

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About

DX2K.XETRA represents an exchange-traded fund (ETF) offered by Deka Investment, specifically tracking the performance of the EURO STOXX ex Financials 30 Index. This index comprises the 30 largest companies within the Eurozone, excluding those classified in the financial sector. As an ETF, DX2K.XETRA aims to provide investors with a diversified exposure to the non-financial leading companies within the Eurozone, replicating the index's movements while offering the convenience and tradability of a stock. Its performance is subject to market fluctuations and the specific companies included in the underlying index.
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Factors

Underlying Index Performance: The ETF price closely tracks the performance of the DAX index. Positive index returns generally lead to higher ETF prices and vice versa.

Supply and Demand: Basic economic principles apply. High demand relative to supply can increase the ETF price, while high supply and low demand can decrease it.

Investor Sentiment: Overall market optimism or pessimism towards German equities can drive buying or selling pressure, influencing the ETF's price.

Currency Exchange Rates: As the ETF invests in German stocks, the EUR/USD exchange rate can impact returns for investors using USD.

Expense Ratio: The ETF's annual expense ratio can marginally affect its performance over time, impacting the total return reflected in its price.

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