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IS3G

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1d
1w
1m

Analysis and statistics

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About

IS3G.F refers to the iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc). This ETF tracks an index composed of companies that stand to benefit from the increased adoption of electric vehicles and driving technologies, including autonomous driving, batteries, and related components. It is listed on the Frankfurt Stock Exchange (hence the ".F" at the end of the symbol) and aims to replicate the performance of its underlying index, net of fees and expenses, by investing in a portfolio of equities. The "Acc" in the name indicates that the fund accumulates income, reinvesting dividends back into the fund rather than distributing them to investors.
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Factors

Underlying Asset Performance: The price mirrors the performance of the stocks in the Solactive Global Innovation Leaders Net Total Return Index.

Supply and Demand: Increased buying pressure drives prices up, while selling pressure pushes them down.

Market Sentiment: Positive overall market sentiment can increase demand for the ETF, raising its price.

Expense Ratio: While not directly affecting price, a higher expense ratio can reduce returns compared to similar ETFs.

Currency Fluctuations: As the underlying assets are global, currency fluctuations can impact the ETF's price in EUR.

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