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LYY8

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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol LYY8.XETRA is the iShares Core MSCI World UCITS ETF USD (Acc). This ETF aims to track the investment results of an index composed of large- and mid-capitalization companies across developed markets globally, providing broad exposure to the world equity market.
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Factors

Underlying Asset Performance: LYY8.XETRA tracks the performance of an index, so the price movements of the assets within that index directly influence the ETF's price.

Supply and Demand: Increased demand for LYY8.XETRA will generally drive its price up, while increased selling pressure will tend to lower it.

Market Sentiment: Overall investor confidence or pessimism in the market or specific sectors can impact demand for and the price of LYY8.XETRA.

Currency Fluctuations: Since LYY8.XETRA is traded in EUR, exchange rate changes between the EUR and the currencies of the underlying assets affect its price.

Expense Ratio: The ETF's management fees, though relatively small, can erode returns over time, potentially impacting its perceived value and price.

Tracking Error: Deviations between the ETF's performance and the index it tracks can affect investor confidence and its price, even though it is expected to be minimal.

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