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MODR

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1m

Analysis and statistics

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About

MODR.DU is the Invesco Nasdaq Future Gen Economy UCITS ETF. This ETF aims to replicate the performance of the Nasdaq Global Next Generation Economy Index, providing exposure to companies involved in innovative technologies and sectors poised for significant future growth. These sectors include areas like clean energy, advanced transportation, precision medicine, and the internet of things.
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Factors

MODR.DU ETF price fluctuates due to several factors. Component Stock Prices: The underlying holdings, primarily stocks of companies in the consumer discretionary sector, directly impact the ETF's Net Asset Value (NAV) and thus its market price. Supply and Demand: Increased investor demand for the ETF usually drives the price up, while higher selling pressure tends to lower it. Market Sentiment: Overall market optimism or pessimism regarding consumer spending habits or the broader economy can shift investor preferences and affect demand for MODR.DU. Expense Ratio: While not a real-time price driver, the ETF's expense ratio reduces returns over time, potentially making it less attractive compared to similar lower-cost funds. Currency Fluctuations: As MODR.DU trades in EUR, changes in the EUR/USD exchange rate impact its value for USD-based investors.

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