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XAMB

$--
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1d
1w
1m

Analysis and statistics

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About

XAMB.XETRA represents an exchange-traded fund (ETF) listed on the Xetra exchange. Specifically, it is the iShares Core DAX UCITS ETF (DE), which aims to track the performance of the DAX index, a benchmark index representing the 40 largest and most liquid German companies trading on the Frankfurt Stock Exchange. Investors can use this ETF to gain exposure to the overall German stock market.
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Factors

Underlying Assets: XAMB.XETRA tracks the Solactive Global Automotive Suppliers Index. The performance of the companies within this index directly impacts the ETF's price.

Supply and Demand: High demand for XAMB.XETRA units will typically drive the price up, while increased selling pressure can lower it.

Market Sentiment: Overall investor optimism or pessimism towards the automotive industry influences trading activity and the ETF's price.

Expense Ratio: The ETF's management fees reduce returns, potentially affecting its price compared to similar investments.

Currency Fluctuations: As a global ETF, currency movements between the Euro and other currencies can affect its value.

Index Rebalancing: Changes in the composition of the Solactive Global Automotive Suppliers Index can lead to trading activity and short-term price fluctuations.

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