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SPP2

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1m

Analysis and statistics

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About

The ETF with the symbol SPP2.XETRA is the iShares MSCI World Value Factor UCITS ETF. It is an exchange-traded fund that aims to track the performance of the MSCI World Enhanced Value Index. This index is designed to represent the performance of companies within the MSCI World Index that have higher value characteristics relative to their peers. The ETF provides investors with exposure to a diversified portfolio of value stocks from developed markets globally. It is listed on the XETRA exchange, which is operated by Deutsche Börse.
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Factors

Underlying Index Performance: SPP2.XETRA tracks an index. Its price heavily relies on the performance of the assets within that index.

Supply and Demand: Increased buying pressure will push the ETF price up, while increased selling pressure will push it down.

Management Fees: While not directly affecting price intraday, higher expense ratios can slowly erode returns over time compared to similar, cheaper ETFs.

Currency Fluctuations: If the underlying assets are denominated in a different currency, exchange rate changes can impact the ETF's price when converted back to EUR.

Market Sentiment: Overall market optimism or pessimism can influence the ETF's price, even if the underlying assets haven't fundamentally changed.

Tracking Error: The ETF aims to mirror its index but may not do so perfectly. Deviations from the index performance, called tracking error, can influence the ETF's price relative to its benchmark.

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