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EL4T

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1m

Analysis and statistics

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About

EL4T.XETRA refers to the iShares Core DAX UCITS ETF (DE). This ETF tracks the performance of the DAX index, which is a stock market index representing the 40 largest and most liquid German companies traded on the Frankfurt Stock Exchange. The fund provides investors with exposure to the German equity market through a diversified portfolio of leading German companies.
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Factors

Underlying Asset Performance: The price directly reflects the performance of the companies within the underlying STOXX Europe 600 Technology index.

Supply and Demand: Increased buying pressure drives the price up, while increased selling pressure pushes it down.

Market Sentiment: Overall investor confidence or fear towards the technology sector influences demand.

Expense Ratio: The fund's annual operating costs are deducted from its assets, impacting returns and price.

Currency Fluctuations: Changes in the EUR/USD exchange rate can affect returns for investors holding other currencies.

Interest Rates: Higher interest rates may make bonds more attractive, potentially diverting investment away from equities and ETFs.

Economic Conditions: Economic growth or recession in Europe can affect the performance of the underlying companies and the ETF's price.

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