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EXSH

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1d
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1m

Analysis and statistics

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About

The ETF with the symbol EXSH.XETRA refers to the Xtrackers MSCI USA Swap UCITS ETF 1C. This ETF tracks the performance of the MSCI USA index, offering investors exposure to a broad range of large and mid-cap companies in the United States. It uses a swap-based replication method, meaning it doesn't directly hold the underlying securities but instead uses a derivative contract to mirror the index's returns. The '1C' designation typically indicates that it is the accumulating share class, where dividends are reinvested back into the fund rather than being distributed to investors. It is listed on the XETRA exchange.
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Factors

Underlying Index Performance: EXSH.XETRA's price closely tracks the performance of its benchmark index. Positive index returns typically increase the ETF's price, while negative returns decrease it. Supply and Demand: General market interest and trading volume influence the ETF's price. High demand can push the price above its net asset value (NAV), while high supply can depress it below NAV. Net Asset Value (NAV): The NAV is the per-share value of the ETF's holdings. Significant discrepancies between the market price and NAV are usually quickly arbitraged away by market makers. Expense Ratio: While not a direct driver of immediate price fluctuations, the expense ratio affects long-term returns. Higher expense ratios can lead to lower overall returns compared to similar ETFs.

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