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WDEE

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1d
1w
1m

Analysis and statistics

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About

WDEE.XETRA represents the iShares Core MSCI World UCITS ETF USD (Acc). This is an exchange-traded fund (ETF) that aims to replicate the performance of the MSCI World Index, providing investors with exposure to a broad range of large and mid-cap companies across developed markets globally. Being an accumulating ETF, dividends are reinvested back into the fund, contributing to potential capital growth. It's listed on the XETRA exchange and is denominated in USD, making it accessible to investors looking for a diversified, low-cost entry point to global equity markets.
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Factors

Underlying Index Performance: WDEE.XETRA's price closely mirrors the Solactive Digital Assets Infrastructure Equity Index. Positive index performance typically lifts the ETF's price, while negative performance pulls it down.

Supply and Demand: High demand for WDEE.XETRA pushes its price up, while increased selling pressure lowers it. This dynamic reflects investor sentiment towards digital asset infrastructure companies.

Management Fees and Expenses: The ETF's expense ratio slightly reduces returns compared to the underlying index. Higher fees can lead to a lower price relative to the index's value.

Currency Fluctuations: As WDEE.XETRA trades in EUR, changes in the EUR/USD exchange rate can influence its price, especially for investors holding USD.

Tracking Error: Deviations between WDEE.XETRA's performance and the Solactive Digital Assets Infrastructure Equity Index create tracking error, impacting the ETF's price alignment with its benchmark.

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