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ETIIX

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Analysis and statistics

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About

ETIIX.US represents the Eaton Vance Tax-Managed International Index NextShares ETF. This exchange-traded fund seeks to replicate, before fees and expenses, the performance of the Morningstar Developed ex-US Target Market Exposure Index. This index is designed to represent the performance of developed market equities outside of the United States, while also employing a tax-management strategy aiming to minimize taxable capital gains distributions. As a NextShares ETF, it utilizes a unique trading mechanism involving a confidential optimized portfolio value (COPV) to help manage intraday trading costs and mitigate arbitrage opportunities.
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Factors

ETIIX.US price is influenced by several factors: Underlying Asset Performance: ETIIX.US tracks an index, thus the performance of the index's constituent assets directly impacts its price.

Interest Rate Movements: Changes in prevailing interest rates affect bond valuations, which in turn affects the fund's NAV if it holds bonds.

Market Sentiment: General investor optimism or pessimism can cause price fluctuations irrespective of fundamentals.

Fund Flows: Inflows increase demand pushing the price up; outflows lower demand reducing price.

Expense Ratio: The fund's internal costs detract from returns, influencing the net price performance.

Inflation Expectations: Anticipated future inflation rates significantly impact bond yields and consequently ETIIX.US if it invests in bonds.

Currency Fluctuations: For international funds, currency exchange rate changes impact the value of overseas holdings.

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