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S0LR

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1m

Analysis and statistics

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About

The ETF with the symbol S0LR.XETRA refers to the Invesco Solar Energy UCITS ETF. This ETF is designed to track the performance of the WilderHill New Energy Global Innovation Index (NOGI), providing investors with exposure to a global portfolio of companies involved in solar energy and related technologies. The index focuses on pure-play solar companies, emphasizing those that are innovating in areas such as solar panel production, solar energy storage, and solar energy system installation. The ETF is listed on the XETRA exchange, a major trading platform in Germany, and is UCITS compliant, meaning it adheres to European Union regulations for investment funds.
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Factors

Underlying Asset Performance: S0LR.XETRA tracks solar energy companies. Their stock prices directly influence the ETF's value.

Supply and Demand: High demand increases price; low demand decreases it.

Investor Sentiment: Positive news about solar energy increases demand; negative news decreases it.

Currency Exchange Rates: As a XETRA-listed ETF, euro/other currency fluctuations can affect its price for foreign investors.

Management Fees & Expenses: The ETF's expense ratio detracts from returns.

Index Rebalancing: Changes to the underlying index's composition can cause price fluctuations.

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