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IS3B

$--
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1d
1w
1m

Analysis and statistics

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About

IS3B.XETRA refers to iShares Core DAX UCITS ETF, an exchange-traded fund (ETF) listed on the XETRA exchange. It aims to replicate the performance of the DAX index, which comprises the 40 largest and most liquid German companies trading on the Frankfurt Stock Exchange. This ETF allows investors to gain broad exposure to the German equity market in a single investment vehicle, offering a cost-effective and efficient way to track the performance of the DAX index. The ETF is denominated in EUR and distributes dividends.
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Factors

Underlying Index Performance: IS3B.XETRA's price closely tracks its benchmark index. If the index rises, the ETF's price generally increases and vice versa. Supply and Demand: High demand for IS3B.XETRA can drive its price above its net asset value (NAV), while increased selling pressure can push it below NAV. Interest Rates: Changes in interest rates can affect bond yields, influencing IS3B.XETRA's price if it holds bonds. Rising rates usually lower bond prices. Market Sentiment: Broad market optimism or pessimism can impact investor appetite for ETFs like IS3B.XETRA, affecting its trading price.

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