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XCO2

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    18.7114$
  • Previous Close
    18.676$
  • 52 Week Change
    --
  • Day Range
    0.04$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XCO2.XETRA refers to the iShares MSCI Global Sustainable Carbon Target UCITS ETF (Acc), traded on the XETRA exchange (Deutsche Börse). This ETF aims to track the performance of an index composed of global companies that are selected and weighted to reduce their exposure to carbon emissions and increase their exposure to companies that are reducing their carbon footprint. The 'Acc' in the name denotes that it is an accumulating ETF, meaning that any income generated by the underlying assets is reinvested back into the fund, rather than being distributed to investors. The fund seeks to provide investors with exposure to companies leading in the transition to a lower-carbon economy.
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Factors

Carbon Credit Prices: The underlying assets are European Union Allowances (EUAs); their price directly impacts the ETF. Supply and Demand: Scarcity in the EU ETS market, driven by regulations or demand, increases EUA prices. Regulatory Changes: Policy shifts affecting carbon emissions targets significantly influence EUA values. Economic Activity: Strong economic growth may raise industrial output and emissions, boosting EUA demand. Energy Prices: Fossil fuel costs influence demand for EUAs, impacting XCO2.XETRA pricing.

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