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W1TA

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1d
1w
1m

Analysis and statistics

  • Open
    31.3433$
  • Previous Close
    31.4968$
  • 52 Week Change
    --
  • Day Range
    -0.15$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

W1TA.BE refers to iShares MSCI World Momentum Factor UCITS ETF USD (Acc), an exchange-traded fund (ETF) that seeks to track the investment results of an index composed of developed world stocks exhibiting relatively higher momentum characteristics. It's listed on the Euronext Brussels stock exchange.
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Factors

Underlying Asset Performance: The price closely tracks the Solactive US Technology 100 Index, so the performance of the index's constituent stocks directly impacts the ETF's value.

Supply and Demand: Increased buying pressure typically drives the price up, while increased selling pressure tends to push it down.

Expense Ratio: The ETF's annual expense ratio, although small, can incrementally reduce returns over time.

Currency Fluctuations: As the ETF invests in US companies, exchange rate changes between EUR and USD can affect its price when viewed in EUR.

Market Sentiment: Overall investor confidence or fear in the technology sector and broader market influences trading activity and the ETF's price.

Tracking Error: The degree to which the ETF's performance deviates from its benchmark index can impact its value relative to the expected return.

Net Asset Value (NAV): The ETF's market price should closely align with its NAV, which is the per-share value of its underlying assets. Discrepancies between the two can create arbitrage opportunities.

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