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KOR3

$--
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1d
1w
1m

Analysis and statistics

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About

KOR3.XETRA represents an exchange-traded fund (ETF) offered on the XETRA exchange, which is part of the Deutsche Börse. This ETF specifically tracks the performance of the MSCI Korea Index, providing investors with exposure to a diversified portfolio of South Korean equities. The fund aims to replicate the index's returns, less fees and expenses, allowing investors to participate in the growth of the South Korean stock market through a single investment vehicle.
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Factors

Underlying Asset Performance: The price is heavily influenced by the performance of the Korean stocks within its benchmark index.

Supply and Demand: Increased demand for the ETF can push the price up, while increased selling pressure can lower it.

Market Sentiment: Overall investor sentiment towards the Korean stock market and emerging markets in general affects the ETF's price.

Currency Exchange Rates: Fluctuations in the exchange rate between the Euro (trading currency) and the Korean Won impact the ETF's value.

Expense Ratio: The ETF's expense ratio, although fixed, indirectly affects the overall return and perceived attractiveness.

Tracking Error: Deviations between the ETF's performance and the benchmark index can affect investor confidence and price.

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