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SPPW

$--
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1d
1w
1m

Analysis and statistics

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About

SPPW.XETRA represents the iShares MSCI World Momentum Factor UCITS ETF USD (Acc). This ETF aims to track the investment results of an index composed of developed market equities exhibiting relatively higher momentum characteristics. It is listed on the XETRA exchange.
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Factors

Underlying Asset Performance: The primary driver is the performance of the stocks held within the ETF, reflecting their market values.

Supply and Demand: High demand pushes the price up, while increased selling pressure can lower the ETF's price.

Currency Exchange Rates: As SPPW.XETRA trades in EUR and holds global assets, currency fluctuations impact its value.

Expense Ratio and Fees: The management fees charged by the ETF provider reduce returns, subtly influencing the price over time.

Interest Rates: Changes in interest rates can affect the attractiveness of stocks vs. bonds, impacting ETF demand.

Global Economic Conditions: Broad economic trends, like growth or recession, influence the performance of constituent companies.

Investor Sentiment: Overall market optimism or pessimism toward stocks can drive investment flows into or out of the ETF.

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