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EXX1

$--
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1d
1w
1m

Analysis and statistics

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About

EXX1.XETRA refers to an Exchange Traded Fund (ETF) named iShares Core DAX UCITS ETF. The "EXX1" is the ETF's ticker symbol, a short code used to identify the fund on stock exchanges. ".XETRA" specifies the exchange where the ETF is listed and traded, which in this case is the XETRA exchange, a major German electronic trading platform operated by Deutsche Börse. This ETF tracks the performance of the DAX index, a blue-chip stock market index consisting of the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. Therefore, by investing in EXX1.XETRA, investors gain exposure to the overall performance of the leading companies in the German economy.
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Factors

Underlying Index: The price mirrors the index it tracks; changes in the index holdings' values affect the ETF's price.

Supply and Demand: Higher demand pushes the price up, while increased supply lowers it, driven by investor activity.

Net Asset Value (NAV): NAV, calculated from underlying assets, acts as a benchmark. Market price fluctuates around NAV.

Expense Ratio: Higher fees can indirectly impact returns, affecting the ETF's long-term appeal and potential price.

Market Sentiment: Overall market optimism or pessimism towards the sector/region can influence investor interest and price.

Currency Fluctuations: For ETFs holding international assets, currency exchange rates impact the ETF's value.

Trading Volume & Liquidity: Higher liquidity generally leads to tighter bid-ask spreads and easier price discovery.

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