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GGUE

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol GGUE.XETRA refers to the iShares MSCI Europe SRI UCITS ETF EUR (Acc). It is an exchange-traded fund that aims to track the performance of an index composed of European companies with high environmental, social, and governance (ESG) ratings while also excluding companies involved in controversial activities.
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Factors

Fund Composition: GGUE.XETRA's price is heavily influenced by the underlying assets (equities) it holds, reflecting their market value.

Supply & Demand: Increased investor demand drives prices up, while selling pressure pushes them down, impacting the ETF's trading price.

Index Performance: The ETF's performance closely tracks the underlying index it aims to replicate; index movements mirror ETF price fluctuations.

Expense Ratio: While not directly impacting daily price, high expenses can detract from long-term returns, making it less attractive and potentially affecting demand.

Market Sentiment: Overall market optimism or pessimism influences investor decisions to buy or sell, creating broad market movements in the ETF's price.

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