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EL4U

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

Analysis and statistics

  • Open
    106.025$
  • Previous Close
    105.0183$
  • 52 Week Change
    --
  • Day Range
    1.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol EL4U.F refers to the Lyxor Euro Stoxx 50 (DR) Daily Leverage UCITS ETF. This ETF seeks to provide a daily leveraged return based on the performance of the EURO STOXX 50 index. This means it aims to amplify the daily gains and losses of the index by a factor of two, making it a high-risk, high-reward investment suitable for short-term trading strategies. The ".F" likely indicates that the ETF is listed on the Frankfurt Stock Exchange. It's crucial to understand that leveraged ETFs are not designed for long-term holding due to the effects of compounding and potential for significant value erosion over time.
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Factors

Underlying Asset Performance: EL4U.F tracks an index; the index's constituents' price changes directly impact the ETF's value.

Supply and Demand: Higher demand for EL4U.F than supply pushes the price up; increased supply versus demand lowers it.

Market Sentiment: Broad market optimism or pessimism influences investor appetite for ETFs, affecting EL4U.F's price.

Currency Fluctuations: If EL4U.F holds foreign assets, exchange rate changes affect its value when converted to the trading currency.

Expense Ratio: Although a small factor, EL4U.F's management fees reduce returns, indirectly impacting its relative price over time.

Tracking Error: The ETF's ability to accurately replicate the index influences its price relative to the underlying assets.

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