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XCO2

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Analysis and statistics

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About

XCO2.F is the ticker symbol for the BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF EUR, traded on the Frankfurt Stock Exchange (indicated by the ".F"). This ETF aims to track the performance of the ECPI Global ESG Blue Economy index, which focuses on companies contributing to the sustainable use and preservation of marine resources and coastal ecosystems, while also adhering to ESG (Environmental, Social, and Governance) criteria. Therefore, it's a sustainability-focused ETF investing in the "blue economy."
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Factors

Carbon Credit Prices: The primary driver, as XCO2.F tracks EUA futures. Higher EUA prices mean higher ETF value.

Supply and Demand: EUA availability and demand from industries influence futures prices.

Regulatory Changes: Policies impacting carbon emissions affect EUA demand and, thus, the ETF.

Economic Activity: Stronger economies often lead to increased emissions and higher EUA demand.

Energy Prices: Fluctuations in energy costs can impact demand for carbon credits.

Market Sentiment: Investor perception and speculative trading affect EUA futures and ETF price.

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