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UEQ3

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Analysis and statistics

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About

UEQ3.XETRA refers to the iShares MSCI World SRI UCITS ETF. It is an exchange-traded fund (ETF) that aims to track the performance of the MSCI World SRI (Socially Responsible Investing) index, which is composed of companies with high environmental, social, and governance (ESG) ratings while excluding those involved in controversial business activities. The ETF is listed on the XETRA exchange, which is a trading platform operated by Deutsche Börse.
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Factors

Underlying Index Performance: The primary driver is the performance of the index the ETF tracks, usually MSCI World. Positive index returns increase ETF price; negative returns decrease it. Supply and Demand: High demand for UEQ3.XETRA can push its price above its net asset value (NAV); high supply can push it below. Currency Fluctuations: As the ETF invests in global stocks, currency exchange rates between the Euro and other currencies, like the US dollar, impact returns. Interest Rates: Changes in global interest rates can affect the valuation of companies within the underlying index, indirectly affecting the ETF price. Market Sentiment: General investor optimism or pessimism about the global economy or specific sectors can impact demand for the ETF.

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