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EL40

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--%
1d
1w
1m

Analysis and statistics

  • Open
    50.4939$
  • Previous Close
    51.269$
  • 52 Week Change
    --
  • Day Range
    -0.78$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EL40.XETRA is the ticker symbol for the iShares Core EURO STOXX 50 UCITS ETF, traded on the XETRA exchange. This ETF aims to replicate the performance of the EURO STOXX 50 index, which consists of 50 of the largest and most liquid Eurozone stocks, representing leading companies across various sectors within the Eurozone. It allows investors to gain diversified exposure to the largest companies in the Eurozone.
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Factors

Underlying Index Performance: The EL40.XETRA ETF's price closely tracks the Euro Stoxx Large 40 index. Index gains increase ETF value, declines reduce it.

Supply and Demand: Higher demand pushes the price up, more sellers drive it down, reflecting investor sentiment.

Market Conditions: Broad economic trends, interest rates, and overall market volatility all influence the ETF's price.

Currency Fluctuations: As it holds Eurozone assets, EUR/USD exchange rate changes can impact returns for non-Euro investors.

Expense Ratio: The ETF's operating costs reduce returns slightly compared to direct index investment.

Tracking Error: Imperfect replication of the index can cause small price deviations from the Euro Stoxx Large 40.

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