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EXSB

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1d
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Analysis and statistics

  • Open
    22.2798$
  • Previous Close
    22.0529$
  • 52 Week Change
    --
  • Day Range
    0.23$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

EXSB.F represents the Xtrackers ESG USD Corporate Bond UCITS ETF, traded on the Frankfurt Stock Exchange (indicated by the ".F" suffix). This exchange-traded fund aims to replicate the performance of an index composed of USD-denominated, investment-grade corporate bonds that meet specific Environmental, Social, and Governance (ESG) criteria. Investors use it to gain exposure to a diversified portfolio of sustainable corporate debt while adhering to their responsible investing principles. The ETF offers a relatively liquid and transparent way to participate in the ESG-focused corporate bond market.
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Factors

Underlying Asset Performance: The primary driver is the performance of the underlying bonds in the EXSB.F ETF's portfolio. Bond prices move inversely to interest rates.

Interest Rate Changes: Rising interest rates typically decrease bond values and thus the ETF's price, as newly issued bonds offer higher yields. Falling rates have the opposite effect.

Credit Risk: Changes in the creditworthiness of the bond issuers impact bond values. Downgrades lead to lower prices, upgrades to higher.

Supply and Demand: Investor demand for EXSB.F shares affects its market price. Higher demand can push the price above its net asset value (NAV).

Liquidity: Lower liquidity can increase price volatility and widen the bid-ask spread, affecting the price at which it can be bought or sold.

ETF Management Fees: The expense ratio charged by the ETF reduces returns, indirectly influencing its attractiveness and thus its price.

Inflation Expectations: Higher inflation expectations often lead to higher interest rates, negatively impacting bond prices and the ETF's value.

Economic Growth: Strong economic growth can lead to higher interest rates, pressuring bond prices downwards. Weaker growth may have the opposite effect.

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