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NVIS

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1m

Analysis and statistics

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About

NVIS.XETRA refers to the Amundi Index MSCI Europe SRI UCITS ETF DR, an exchange-traded fund (ETF) that tracks the MSCI Europe SRI Filtered Index. This index aims to represent companies with high environmental, social, and governance (ESG) ratings within the European equity market, while excluding those involved in controversial activities. It is listed on the XETRA exchange.
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Factors

Underlying Index Performance: NVIS.XETRA tracks an index; its price closely mirrors the index's movements. If the index rises, so does the ETF, and vice versa.

Supply and Demand: High demand pushes the price up; increased selling pressure drives it down, similar to any stock.

Net Asset Value (NAV): NAV is the total value of the ETF's holdings minus liabilities, divided by outstanding shares. The market price gravitates toward the NAV.

Expense Ratio: While not directly influencing daily price fluctuations, a higher expense ratio slowly erodes returns over time, indirectly affecting long-term value.

Market Sentiment: Overall investor confidence or fear can affect ETF prices, causing premiums or discounts relative to the NAV.

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