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EXI2

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1d
1w
1m

Analysis and statistics

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About

The financial product symbol EXI2.XETRA refers to the iShares STOXX Europe 600 Basic Resources UCITS ETF. This is an exchange-traded fund (ETF) that aims to track the investment results of an index composed of European companies involved in the basic resources sector. It's listed on the XETRA exchange, which is a trading venue operated by Deutsche Börse in Germany. Investors can buy and sell shares of this ETF just like individual stocks, providing access to a diversified portfolio of companies engaged in industries like mining, steel, and forestry within the European market.
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Factors

Underlying Index Performance: EXI2.XETRA tracks an index; its price reflects the index's constituent assets' performance.

Supply and Demand: Higher demand drives prices up, while increased selling pressure lowers them.

Market Sentiment: Overall investor confidence or fear influences ETF valuations.

Expense Ratio: The fund's management fees impact its long-term return, affecting perceived value.

Tracking Error: Deviations between ETF and index returns can affect investor confidence and price.

Currency Fluctuations: Changes in exchange rates impact the ETF's price if its holdings are in other currencies.

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