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GOOD

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1d
1w
1m

Analysis and statistics

  • Open
    50.971$
  • Previous Close
    50.971$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GOOD.AU is the ticker symbol for the BetaShares Climate Change Innovation ETF trading on the Australian Securities Exchange (ASX). This ETF aims to track the performance of an index (the Solactive Climate Change Innovation Index) that measures the performance of a portfolio of global companies leading the way in climate change solutions. These companies are generally involved in industries such as renewable energy, electric vehicles, sustainable agriculture and water management, and companies that are working on the advancement of climate change technologies and mitigation. Investors use GOOD.AU to gain exposure to a diverse range of companies anticipated to benefit from the global transition to a low-carbon economy.
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Factors

Global Equity Market Performance: Movements in major global stock markets influence GOOD.AU, as it tracks international equities.

Currency Fluctuations: Changes in the AUD/USD exchange rate impact returns when assets are denominated in USD.

Index Replication Effectiveness: How closely the ETF mirrors its benchmark index (e.g., tracking error) affects performance.

Investor Sentiment: Overall market optimism or pessimism can drive buying/selling pressure, influencing the ETF's price.

Management Fees and Expenses: Higher fees can reduce the overall return and potentially the ETF's price over time.

Supply and Demand: Basic economics apply; higher demand increases the price, and higher supply reduces the price.

Economic Data Releases: Significant economic announcements (e.g., inflation data, GDP figures) can move global markets.

Geopolitical Events: International political instability or conflicts can trigger market volatility impacting GOOD.AU.

Interest Rate Changes: Interest rate policies of major central banks influence investment decisions and market valuations.

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