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EXV6

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Analysis and statistics

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About

EXV6.XETRA is the symbol for the iShares Core DAX UCITS ETF, a passively managed exchange-traded fund (ETF) listed on the XETRA exchange. This ETF aims to replicate the performance of the DAX index, which tracks the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. By investing in EXV6.XETRA, investors gain exposure to a broad basket of leading German businesses across various sectors, offering a diversified investment in the German equity market. The ETF is designed for long-term investors seeking core exposure to German equities with low tracking error and competitive expense ratios.
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Factors

Underlying Index Performance: EXV6 tracks the MSCI World ex-USA index. The price closely mirrors the index's movement. Rising index values generally increase the ETF's price, while falling values decrease it.

Supply and Demand: Market demand for EXV6 shares impacts its price. High demand can drive the price above its net asset value (NAV), while low demand can push it below.

Currency Fluctuations: As EXV6 holds international assets, exchange rates influence its price. A stronger Euro against other currencies where the index's constituents are listed can decrease the ETF's price.

Expense Ratio: Although the expense ratio is already factored into the NAV, higher expense ratios can make an ETF less attractive over the long term, indirectly affecting demand and price.

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