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IS3R

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Analysis and statistics

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About

IS3R.F represents an iShares Core DAX UCITS ETF, a financial product traded on the Frankfurt Stock Exchange. This exchange-traded fund (ETF) aims to replicate the performance of the DAX index, which comprises the 40 largest and most liquid German companies traded on the Frankfurt Stock Exchange. Investors can use this ETF to gain broad exposure to the German equity market in a cost-effective manner. The ETF typically invests directly in the constituent stocks of the DAX index, and its performance closely tracks the index's movements, subject to fund expenses and tracking error.

Factors

Underlying Asset Performance: IS3R.F tracks an index. The prices of the index's constituent assets directly influence the ETF's price.

Supply and Demand: High demand for IS3R.F can drive up its price, while increased selling pressure can lower it.

Expense Ratio: The ETF's management fee (expense ratio) indirectly affects returns and, consequently, its attractiveness to investors.

Market Sentiment: Overall investor confidence and risk appetite affect demand for ETFs, impacting IS3R.F's price.

Currency Fluctuations: If the underlying assets are denominated in a foreign currency, exchange rate changes can influence the ETF's price.

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