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VAW

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1d
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Analysis and statistics

  • Open
    3758.9507$
  • Previous Close
    3758.9507$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

VAW.MX refers to the Vanguard Materials ETF which trades on the Mexican Stock Exchange. This ETF seeks to track the performance of the MSCI US Investable Market Materials 25/50 Index, representing large, mid, and small-capitalization U.S. equity securities in the materials sector. Therefore, it provides exposure to U.S. based companies in industries like chemicals, construction materials, and packaging.
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Factors

Supply and Demand: Increased buying pressure pushes the price up; selling pressure pushes it down.

Underlying Holdings: The price reflects the aggregate value of the companies held within the ETF (materials sector).

Global Economic Conditions: Economic growth usually benefits materials demand, affecting company profits and the ETF price.

Interest Rates: Higher rates can make borrowing more expensive, potentially slowing down some economic activity that relies on materials.

Currency Exchange Rates: VAW.MX is traded in Mexican Pesos, so fluctuations between the Peso and other currencies (like USD) can impact the price, particularly for international investors.

Investor Sentiment: Overall market optimism or pessimism can influence buying and selling decisions, driving price fluctuations.

Competitor ETFs: Performance of similar ETFs can influence investor choices, potentially impacting VAW.MX demand and price.

Index Tracking: VAW.MX aims to replicate the performance of its benchmark index, so deviations from the index can cause price discrepancies.

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