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OG35

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

Analysis and statistics

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About

OG35.XETRA is the ticker symbol for the Ossiam Lux One Direction US Equities UCITS ETF 1D. It's an exchange-traded fund (ETF) that aims to provide investors with exposure to US equities, potentially profiting from their upwards movements. The "1D" in the name typically indicates that it's a daily leveraged ETF, meaning it aims to deliver twice the daily performance of its underlying index, which introduces potentially higher returns as well as higher risks compared to a non-leveraged ETF. The ".XETRA" suffix specifies that the ETF is traded on the XETRA exchange, which is a major electronic trading platform based in Frankfurt, Germany. Ossiam is the asset management company that manages this fund.
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Factors

OG35.XETRA's price is affected by several factors: Underlying Asset Performance: The OG35 tracks the Solactive Germany 30 Index. The performance of the 30 largest German companies significantly influences the ETF's price. Supply and Demand: Market demand for OG35 shares impacts its price. Higher demand typically increases the price, while lower demand decreases it. Index Rebalancing: Periodic rebalancing of the Solactive Germany 30 Index can lead to portfolio adjustments, impacting the ETF's price. Market Sentiment: Overall investor sentiment towards the German stock market and economy influences the ETF's value. Currency Fluctuations: As OG35 holds German assets, exchange rate movements between the Euro and other currencies affect its price. Interest Rates: Changes in interest rates, particularly those set by the European Central Bank (ECB), can impact the attractiveness of German stocks and, consequently, the ETF's price.

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