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SC00

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1d
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Analysis and statistics

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About

The ETF with the symbol SC00.XETRA refers to an iShares Core MSCI World UCITS ETF. This ETF aims to track the performance of the MSCI World Index, which represents large and mid-cap equity across developed markets globally. It is a passively managed fund designed to provide broad diversification across a wide range of companies and sectors within developed economies. The "UCITS" designation indicates that the fund is compliant with Undertakings for Collective Investment in Transferable Securities regulations, a framework designed to ensure investor protection within the European Union. It's listed on the XETRA exchange, a prominent electronic trading platform in Germany.
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Factors

Underlying Asset Performance: SC00.XETRA's price closely tracks its underlying asset's performance, usually an index. If the index rises, the ETF price tends to rise, and vice-versa.

Supply and Demand: Market forces drive ETF prices. High demand can push the price above its Net Asset Value (NAV), while increased selling pressure can cause it to trade below NAV.

Net Asset Value (NAV): NAV represents the total value of the ETF's holdings per share, serving as a benchmark for its fair value. Significant discrepancies between the market price and NAV are usually arbitraged away.

Expense Ratio: While not directly dictating price, a high expense ratio subtly reduces returns, potentially making the ETF less attractive to investors and indirectly impacting demand.

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