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EL49

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

Analysis and statistics

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About

EL49.DU represents the iShares MDAX UCITS ETF (DE). This ETF tracks the performance of the MDAX index, which consists of 50 of the largest German companies that are not included in the DAX index. It provides investors with exposure to mid-cap German equities and is listed on the Deutsche Börse (DU stands for Deutsche Börse).
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Factors

Underlying Index Performance: EL49.DU tracks an index, thus its price largely reflects the performance of the assets within that index. Gains or losses in the underlying assets directly impact the ETF's NAV.

Supply and Demand: Market forces influence EL49.DU. High demand can drive the price above its NAV, while increased selling pressure can push it below its NAV.

Currency Fluctuations: If the ETF holds assets denominated in a different currency, exchange rate changes will impact the ETF's price when translated back to the base currency.

Management Fees and Expenses: The ETF's operating costs, including management fees, are deducted from its assets, slightly reducing returns and potentially influencing its price relative to its benchmark.

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