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SXRD

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1d
1w
1m

Analysis and statistics

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About

The ETF with the financial product symbol SXRD.XETRA refers to the iShares Core DAX UCITS ETF (DE). It is a passively managed exchange-traded fund (ETF) that aims to track the performance of the DAX index, which represents the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. This ETF provides investors with exposure to the German equity market in a diversified and cost-effective manner.
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Factors

Underlying Index Performance: The price of SXRD.XETRA directly reflects the performance of the index it tracks. If the index constituents rise in value, the ETF's price should also increase.

Supply and Demand: Greater investor demand for SXRD.XETRA typically drives its price upward, while increased selling pressure can cause it to fall.

Expense Ratio: The ETF's expense ratio, deducted from its assets, slightly impacts its overall return, affecting its long-term price compared to the index.

Currency Fluctuations: As SXRD.XETRA trades in EUR, fluctuations in the EUR exchange rate can influence its price for international investors.

Market Sentiment: Overall investor sentiment and risk appetite in the broader market can indirectly affect demand for and the price of SXRD.XETRA.

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