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NGTE

$--
--%
1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

The ETF with the financial product symbol NGTE.F refers to the Xtrackers IE Physical Nat Gas ETC EUR Hedged ETF. It is an exchange-traded commodity (ETC) designed to track the performance of natural gas, while hedging against fluctuations between the euro (EUR) and the currency of the underlying natural gas contract. As an ETC, it offers exposure to natural gas prices through a physically backed structure.
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Factors

NGTE.F ETF Price Factors: Natural Gas Prices: NGTE.F's value is significantly tied to natural gas prices. Higher gas prices usually drive the ETF price up, while lower prices decrease it. Supply and Demand: Natural gas supply and demand fundamentals impact prices. Increased demand or reduced supply can increase prices, and vice versa. Storage Levels: Natural gas inventory levels influence prices. High storage levels often lead to lower prices, and low levels often lead to higher prices. Weather Patterns: Weather impacts natural gas demand for heating and cooling. Extreme temperatures can significantly alter demand and prices.

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