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EFFIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    8.97$
  • Previous Close
    8.97$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EFFIX.US represents the First Trust Enhanced Short Maturity ETF. It is an exchange-traded fund (ETF) designed to provide current income while seeking to preserve capital. The fund invests primarily in a diversified portfolio of investment-grade short-term securities, including corporate bonds, government and agency securities, and asset-backed securities. EFFIX aims to outperform traditional money market funds by employing an active management strategy and focusing on enhanced yield opportunities within the short-maturity spectrum.
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Factors

Market Demand: Higher demand for EFFIX.US generally increases its price, while lower demand decreases it.

Underlying Asset Performance: EFFIX.US's price is directly linked to the performance of the underlying asset or index it tracks. If the underlying performs well, EFFIX.US's price will likely increase.

Expense Ratio: A lower expense ratio makes EFFIX.US more attractive, potentially driving up its price relative to similar funds with higher fees.

Supply and Creation/Redemption: The number of EFFIX.US shares available and the mechanism for creating or redeeming shares influences its price.

Economic Conditions: Overall economic health, including factors like inflation, interest rates, and GDP growth, can impact investor sentiment and the performance of the underlying asset.

Competitor Performance: The performance of similar ETFs and investment options influences investor choices and can affect demand for EFFIX.US.

Liquidity: Higher liquidity, meaning ease of buying and selling, often leads to a more stable and attractive price for EFFIX.US.

Investor Sentiment: General investor attitudes towards risk, market trends, and specific sectors can significantly impact demand and, consequently, EFFIX.US's price.

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