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UEF8

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1d
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1m

Analysis and statistics

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About

UEF8.XETRA represents the iShares Core MSCI Europe UCITS ETF EUR (Acc). It is an exchange-traded fund (ETF) that tracks the performance of the MSCI Europe Index. This index is designed to represent the developed markets countries in Europe. The "Acc" in the ETF's name indicates that it is an accumulating ETF, meaning that any dividends earned are reinvested back into the fund rather than being distributed to investors. The ticker symbol "UEF8" identifies the specific ETF, and ".XETRA" indicates that it is traded on the XETRA exchange, which is part of the Deutsche Börse in Frankfurt, Germany. This ETF is denominated in Euros (EUR).
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Factors

Underlying Asset Performance: The ETF's price heavily relies on the performance of the companies it tracks, primarily US tech giants.

Supply and Demand: Increased demand drives prices up, while higher supply pushes them down, influenced by investor sentiment.

Currency Fluctuations: As a EUR-denominated ETF holding US assets, EUR/USD exchange rate shifts impact returns.

Expense Ratio: The ETF's management fee, although small, affects overall returns and thus its attractiveness to investors.

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