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JPPS

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1d
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1m

Analysis and statistics

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About

The ETF with the symbol JPPS.XETRA refers to the Xtrackers JPX-Nikkei 400 Swap UCITS ETF 1C. This ETF aims to replicate the performance of the JPX-Nikkei 400 Net Total Return Index, which consists of 400 Japanese companies selected based on factors like return on equity, cumulative operating profit, and market capitalization. The "Swap" in the name indicates that the fund uses a derivative-based strategy (specifically a swap agreement) to achieve its investment objective, rather than directly holding the underlying securities. The "UCITS" designation means it complies with the Undertakings for Collective Investment in Transferable Securities directive, a European regulatory framework. It is listed on the XETRA exchange, which is a trading platform operated by Deutsche Börse. The "1C" likely signifies a share class of the fund.
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Factors

Underlying Asset Performance: The ETF's price closely tracks the performance of the underlying Japanese stocks it holds.

Supply and Demand: High demand for the ETF can push its price above its net asset value (NAV), while high selling pressure can lower it.

Currency Fluctuations: Changes in the EUR/JPY exchange rate impact the ETF's euro-denominated price. A stronger yen increases the price, a weaker yen decreases it.

Management Fees and Expenses: The ETF's expenses are factored into its NAV and can slightly influence its price over time.

Market Sentiment: Overall investor sentiment towards Japanese equities and the global economy can affect demand and, consequently, the ETF's price.

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