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EXV9

$--
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1d
1w
1m

Analysis and statistics

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About

EXV9.XETRA represents an exchange-traded fund (ETF) called the iShares Core DAX UCITS ETF (DE). This ETF aims to track the performance of the DAX index, which comprises the 40 largest and most liquid German stocks traded on the Frankfurt Stock Exchange (XETRA). As a UCITS fund, it's regulated under European Union law. Investors use EXV9.XETRA to gain broad exposure to the German stock market with a single investment, offering diversification and potentially lower costs compared to directly purchasing individual stocks.
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Factors

Fund Performance: The underlying index's (likely the MSCI World) returns directly impact the ETF's price.

Supply & Demand: Higher demand drives prices up, while increased selling pressure lowers them. Creation/redemption mechanisms attempt to keep the market price aligned with the NAV.

Expense Ratio: While not directly influencing daily price, the ongoing management fee impacts long-term returns and therefore the perceived value.

Currency Fluctuations: If the underlying assets are denominated in other currencies, exchange rate changes can affect the ETF's EUR price.

Interest Rates: Interest rate changes, especially globally, can impact investor sentiment and overall market valuations, indirectly affecting ETF prices.

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