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IS3M

$--
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1d
1w
1m

Analysis and statistics

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About

IS3M.XETRA represents the iShares Core MSCI World UCITS ETF USD (Acc), an exchange-traded fund (ETF) that aims to track the investment results of an index composed of large- and mid-capitalization companies across developed markets globally. As an accumulating ETF, dividends are reinvested into the fund rather than being distributed to investors. It's denominated in USD and traded on the XETRA exchange, a major German stock exchange. Investors use this ETF to gain broad exposure to global equity markets in a single investment vehicle, offering diversification and potentially cost-effective access to a wide range of companies.
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Factors

Underlying Asset Performance: IS3M.XETRA's price closely reflects the performance of the MSCI World Index, its underlying holdings.

Supply and Demand: High demand for IS3M.XETRA can drive the price up, while increased selling pressure can lower it.

Market Sentiment: Overall investor confidence or fear in the global market impacts buying and selling decisions, influencing IS3M.XETRA's price.

Expense Ratio and Trading Costs: The expense ratio and brokerage fees can subtly affect the overall return, impacting its attractiveness and price.

Currency Fluctuations: As IS3M.XETRA likely holds assets denominated in various currencies, exchange rate movements impact its EUR-denominated price.

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