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ROX

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1m

Analysis and statistics

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About

ROX.F refers to the Roundhill RIMM Global Music Royalty ETF. It is an exchange-traded fund that aims to provide investment results that correspond generally to the total return performance of the Roundhill Music Royalty Index. This index is designed to track the performance of globally listed companies that are actively engaged in the acquisition, management, or licensing of music royalties.
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Factors

Underlying Holdings Performance: The primary driver is the performance of the securities held within the ROX.F ETF. If the constituent stocks rise, the ETF's price generally increases, and vice versa. Supply and Demand: Market forces of supply and demand for the ROX.F ETF shares themselves impact its price. Higher demand usually leads to a price increase, while increased selling pressure can lower the price. Net Asset Value (NAV): The NAV, calculated daily, represents the total value of the ETF's holdings minus liabilities, divided by the number of outstanding shares. ROX.F's price tends to track its NAV closely. Expense Ratio: The ETF's expense ratio, which covers management and operational costs, indirectly affects price. Higher expenses can slightly reduce returns compared to similar, lower-cost ETFs.

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