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VZLE

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1d
1w
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Analysis and statistics

  • Open
    169.2871$
  • Previous Close
    169.2871$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

VZLE.BE represents the VanEck Sustainable World Equal Weight UCITS ETF, a passively managed exchange-traded fund (ETF) that aims to track the performance of the Solactive Sustainable World Equity Equal Weight Index. This index comprises equities of companies from developed markets worldwide that meet certain sustainability criteria, focusing on environmental, social, and governance (ESG) factors. The ETF employs an equal weighting scheme, meaning each company in the index contributes equally to the fund's overall performance, reducing concentration risk and promoting diversification. Investors seeking exposure to a broad range of sustainable global equities may find VZLE.BE a suitable investment option.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the VZLE.BE ETF, reflecting their market values.

Supply and Demand: Market forces of supply and demand for VZLE.BE shares directly influence its price on exchanges.

Net Asset Value (NAV): The NAV, calculated from the total value of the ETF's holdings, provides a benchmark to which the market price tends to align.

Expense Ratio: The management fee charged by the ETF provider reduces the fund's returns, impacting its price over time.

Interest Rates: Changes in interest rates can affect the attractiveness of assets within the ETF, especially fixed-income instruments, indirectly affecting the VZLE.BE price.

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