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SP5H

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1d
1w
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Analysis and statistics

  • Open
    310.826$
  • Previous Close
    318.3717$
  • 52 Week Change
    --
  • Day Range
    -7.55$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

SP5H.PA is the ticker symbol for the Amundi S&P 500 UCITS ETF EUR Hedged Daily. This ETF seeks to replicate the performance of the S&P 500 index while mitigating the impact of currency fluctuations between the Euro and the US Dollar through a daily hedging strategy. It is listed on the Euronext Paris stock exchange (indicated by the ".PA" suffix). Investors use this ETF to gain exposure to the US equity market (represented by the S&P 500) without being as exposed to the risks associated with a fluctuating EUR/USD exchange rate.
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Factors

Underlying Index Performance: SP5H.PA tracks the S&P 500, so the price heavily depends on the overall performance of the 500 largest US companies.

Supply and Demand: High demand pushes the price up, while increased selling pressure can lower it. ETF creation/redemption mechanisms help manage this.

Expense Ratio: The ETF's expense ratio slightly reduces returns over time compared to the pure index performance.

Currency Exchange Rates: Since the underlying assets are USD-denominated, fluctuations in the EUR/USD rate impact the ETF's price for Euro investors.

Dividend Distributions: Dividends paid by companies in the S&P 500 are reflected in the ETF's net asset value and distributed to shareholders.

Market Sentiment: Overall investor confidence or fear can influence buying and selling decisions, affecting the ETF price.

Tracking Error: Imperfect replication of the index can lead to deviations between the ETF's performance and the S&P 500 index.

Interest Rates: Changes in interest rates can indirectly affect stock valuations and therefore the ETF price.

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