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EL4N

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1m

Analysis and statistics

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About

EL4N.XETRA refers to the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). This ETF tracks an index composed of companies that are involved in electric vehicles and driving technology, including electric vehicle manufacturers, battery producers, and autonomous driving technology developers. It is listed on the XETRA exchange.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the securities it holds. Rising prices of these assets push the ETF price higher, while falling prices lead to a decrease.

Supply and Demand: High demand for EL4N.XETRA can increase its price, as buyers are willing to pay more to acquire it. Conversely, increased selling pressure may lower the price.

Interest Rates: Changes in interest rates can influence investor sentiment and the attractiveness of EL4N.XETRA, affecting its price through shifts in demand.

Economic Conditions: Overall economic health impacts investor confidence and market performance. Strong economic growth often supports higher prices, while recessions can cause declines.

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