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UBU7

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1m

Analysis and statistics

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About

UBU7.XETRA refers to the iShares Core DAX UCITS ETF (DE). This ETF tracks the performance of the DAX index, which comprises the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. As an iShares ETF, it is managed by BlackRock and aims to provide investors with broad exposure to the German equity market in a cost-efficient manner.
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Factors

Underlying Asset Performance: The primary driver of UBU7.XETRA's price is the performance of the underlying securities it tracks. A rise in the value of these assets typically leads to an increase in the ETF's price. Supply and Demand: Market forces of supply and demand for the ETF shares also play a crucial role. Higher demand relative to supply can push the price upward, while increased selling pressure can lower it. Expense Ratio: The ETF's expense ratio, which covers operational costs, indirectly affects the price. Higher expenses can slightly detract from returns, impacting long-term price appreciation. Tracking Error: Tracking error, the difference between the ETF's performance and the index it tracks, can affect the price. Minimize tracking error improves the ETF's appeal.

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