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IS20

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--%
1d
1w
1m

Analysis and statistics

  • Open
    4.7397$
  • Previous Close
    4.7926$
  • 52 Week Change
    --
  • Day Range
    -0.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

IS20.XETRA refers to the iShares Core DAX UCITS ETF (DE), an exchange-traded fund (ETF) that tracks the performance of the DAX index. The DAX index is a blue-chip stock market index consisting of the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. The ETF is domiciled in Germany and listed on the XETRA exchange, which is the electronic trading platform of the Frankfurt Stock Exchange. The "IS20" part is likely an internal identifier, while ".XETRA" signifies the exchange where it's traded. This ETF provides investors with a simple and cost-effective way to gain exposure to the German stock market.
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Factors

Underlying Asset Performance: IS20.XETRA tracks MSCI World, so its price mirrors the performance of the global stock market it represents.

Supply and Demand: Increased demand drives the price up, while higher selling pressure leads to a price decline.

Currency Fluctuations: As it holds international assets, currency exchange rates, especially EUR/USD, influence its value.

Expense Ratio & Tracking Error: Fees charged and how accurately it mirrors its index impacts returns, affecting price.

Market Sentiment: General investor confidence or fear influences buying/selling decisions, affecting the ETF's price.

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