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ESNB

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1d
1w
1m

Analysis and statistics

  • Open
    0.9121$
  • Previous Close
    0.9066$
  • 52 Week Change
    --
  • Day Range
    0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The ETF with the financial product symbol ESNB.XETRA represents the iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc). This ETF aims to track the investment results of an index composed of emerging market equities with enhanced environmental, social and governance (ESG) characteristics, while also maximizing its index exposure subject to certain constraints. It's listed on the XETRA exchange, which is a trading platform operated by Deutsche Börse. The "Acc" in the name indicates that the ETF accumulates dividends, meaning that dividends received are reinvested into the fund rather than being distributed to investors.
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Factors

Underlying Asset Performance: ESNB.XETRA's price closely tracks the performance of its underlying assets, primarily the Solactive Sustainable US Equity Index. Strong performance of these US equities drives ESNB.XETRA's price up, while weak performance pulls it down. Supply and Demand: General market sentiment and investor demand for the ETF itself influence its price. High demand can push the price above its net asset value (NAV), while increased selling pressure can lower the price below NAV. Index Tracking Efficiency: How accurately the ETF mirrors its benchmark index affects its price. Inefficient tracking (tracking error) can cause discrepancies between the ETF's price and the index's performance. Expense Ratio: The ETF's annual expense ratio, while small, can subtly impact returns over time. Higher expense ratios can slightly detract from overall performance relative to the index, affecting investor perception and potentially its price.

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