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EXSB

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Analysis and statistics

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About

The ETF with the symbol EXSB.XETRA is the iShares ESG Screened Global Corporate Bond UCITS ETF. This ETF aims to track the performance of an index composed of investment-grade corporate bonds from developed and emerging markets, while also incorporating environmental, social, and governance (ESG) screening criteria to exclude companies involved in certain controversial activities or sectors. It is listed on the XETRA exchange.
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Factors

Underlying Index Performance: EXSB.XETRA's price is largely determined by the performance of its benchmark index. Gains or losses in the index directly translate to similar movements in the ETF's price. Supply and Demand: Market forces of supply and demand also impact the price. Higher demand typically pushes the price up, while increased selling pressure can lead to price decreases. Net Asset Value (NAV): The NAV, representing the total value of the ETF's holdings less liabilities divided by outstanding shares, acts as a theoretical fair value. Deviations between the market price and NAV can occur, but arbitrage mechanisms usually keep them aligned. Expense Ratio: While not a direct price driver, the ETF's expense ratio, the annual cost of managing the fund, indirectly affects returns over the long term. Higher expense ratios can reduce overall performance and potentially impact investor sentiment.

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