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GRID

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1m

Analysis and statistics

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About

The ETF with the financial product symbol GRID.XETRA refers to the Global X Grid Infrastructure UCITS ETF. This ETF tracks the Solactive Global Grid Infrastructure Index and aims to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the underlying index. The index is designed to represent the performance of companies involved in the electric grid infrastructure industry.
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Factors

Demand and Supply: Higher demand relative to supply increases price; lower demand decreases it.

Underlying Index Performance: The ETF price reflects the performance of the smart grid infrastructure index it tracks.

Market Sentiment: General investor optimism or pessimism toward renewable energy impacts the ETF.

Currency Exchange Rates: The ETF’s price is affected if it holds assets denominated in other currencies.

Expense Ratio and Trading Costs: Higher costs reduce returns, affecting the ETF's attractiveness and price.

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