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OD7Z

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1m

Analysis and statistics

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About

OD7Z.XETRA represents an Exchange Traded Fund (ETF) called the iShares Core DAX UCITS ETF. This fund aims to track the performance of the DAX index, which comprises the 40 largest and most liquid German stocks traded on the Frankfurt Stock Exchange. The ETF provides investors with a convenient and cost-effective way to gain exposure to the German equity market by holding a diversified portfolio mirroring the DAX index constituents.
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Factors

Underlying Asset Performance: OD7Z.XETRA's price closely tracks the performance of its underlying assets, likely a specific index or basket of securities.

Supply and Demand: High demand can push the price above its net asset value (NAV), creating a premium. Conversely, high supply can lead to a discount.

Market Sentiment: Overall investor confidence or fear can impact demand for OD7Z.XETRA, influencing its price.

Expense Ratio: While not directly affecting price, a higher expense ratio can reduce long-term returns compared to similar ETFs.

Trading Volume & Liquidity: Low volume can lead to wider bid-ask spreads and price fluctuations, making it more difficult to buy or sell quickly at a desired price.

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