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EL4B

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Analysis and statistics

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About

The ETF with the symbol EL4B.XETRA is the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). It's an exchange-traded fund that aims to track the investment results of an index composed of companies that are involved in electric vehicles and driving technology. The ETF is listed on the XETRA exchange, a trading platform of Deutsche Börse. The "UCITS" designation indicates that the ETF is compliant with the Undertakings for Collective Investment in Transferable Securities Directive, a European Union regulation. The "(Acc)" in the name signifies that the ETF is accumulating, meaning that it reinvests any dividends it receives back into the fund rather than distributing them to shareholders. The base currency of the ETF is USD.
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Factors

Net Asset Value NAV: EL4B.XETRA's price closely tracks its NAV, reflecting the underlying assets' value. Supply and Demand: Market demand for the ETF versus its supply influences its price, causing premiums or discounts. Index Performance: As an index-tracking ETF, the performance of the MSCI World SRI index significantly affects its price. Currency Fluctuations: Since the ETF likely holds assets in different currencies, exchange rate changes impact its value in EUR. Management Fees and Expenses: These costs, though small, can subtly affect the ETF's overall return and price.

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