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UEFF

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1m

Analysis and statistics

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About

UEFF.XETRA refers to the BNP Paribas Easy Sustainable Euro Corporate Bond UCITS ETF EUR, which is traded on the XETRA exchange. This ETF aims to track the performance of an index composed of euro-denominated corporate bonds that meet certain environmental, social, and governance (ESG) criteria. It provides investors with exposure to a diversified portfolio of sustainable corporate bonds issued by companies in the Eurozone.
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Factors

Underlying Asset Performance: The price of UEFF.XETRA directly mirrors the performance of the Euro STOXX Banks index it tracks.

Supply and Demand: High demand for UEFF.XETRA drives the price up, while increased selling pressure causes it to fall.

Market Sentiment: Overall investor confidence or fear regarding European banks impacts UEFF.XETRA's price.

Currency Fluctuations: As the index is Euro-denominated, changes in the Euro's value relative to other currencies affect the ETF's price for international investors.

Expense Ratio & Tracking Error: While generally small, the ETF's expense ratio and any deviation from the index's performance can subtly impact returns and thus, the price.

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