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SPFW

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Analysis and statistics

  • Open
    12.2783$
  • Previous Close
    12.2743$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

SPFW.XETRA refers to the SPDR Portfolio Developed World ex-US ETF, traded on the XETRA exchange (Deutsche Börse). This ETF aims to track the performance of a broad market index representing developed world equity markets, excluding the United States. It provides investors with exposure to a diversified portfolio of stocks from countries such as Japan, the United Kingdom, Canada, and Australia, allowing them to gain international equity exposure beyond the U.S. market within a single investment vehicle.
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Factors

Underlying Asset Performance: SPFW.XETRA's price closely mirrors the performance of the underlying assets it tracks, specifically global developed market equities.

Supply and Demand: Market forces of supply and demand for the ETF itself directly impact its price. Higher demand usually pushes the price up, while increased selling pressure can lower it.

Index Composition Changes: Alterations to the composition of the tracked index (e.g., additions or deletions of stocks) can influence the ETF's price.

Currency Fluctuations: As it invests in global markets, currency exchange rate fluctuations between the Euro (trading currency) and the currencies of the underlying assets affect the ETF's price.

Investor Sentiment: General market sentiment, risk appetite, and investor confidence towards global equities play a crucial role in the ETF's price movements.

Expense Ratio: The ETF's expense ratio, while small, can subtly affect its long-term performance and attractiveness, thereby influencing its price relative to other similar ETFs.

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