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SPYN

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Analysis and statistics

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About

The financial product with the symbol SPYN.XETRA refers to the Amundi Index MSCI Europe SRI UCITS ETF DR, traded on the XETRA exchange. This is an Exchange Traded Fund (ETF) that aims to replicate the performance of the MSCI Europe SRI Filtered PAB Index. This index tracks the performance of companies with high Environmental, Social, and Governance (ESG) ratings across developed European countries, while also excluding companies involved in controversial business activities and targeting a reduction in carbon emissions. The ETF provides investors with exposure to a diversified portfolio of European companies committed to sustainable and responsible investment principles.
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Factors

Underlying Index Performance: SPYN.XETRA's price closely tracks the Solactive US Technology 100 Index. Positive index performance drives up the ETF's price, and vice versa.

Supply and Demand: Higher demand for SPYN.XETRA shares increases its price, while increased selling pressure leads to price declines.

Currency Fluctuations: As a Euro-denominated ETF holding US assets, EUR/USD exchange rate changes impact its price. A stronger Euro lowers the ETF's price.

Expense Ratio: Although a minor factor, SPYN.XETRA's expense ratio slightly reduces returns compared to the underlying index.

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