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XCS2

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Analysis and statistics

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About

XCS2.XETRA refers to the iShares Core DAX UCITS ETF (DE). It's an exchange-traded fund (ETF) that aims to replicate the performance of the DAX index, which tracks the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. The ETF is managed by iShares and is denominated in Euros, trading on the XETRA exchange.
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Factors

Underlying Asset Performance: The price is primarily driven by the performance of the companies held within the ETF, particularly semiconductor firms. Global economic health and industry-specific trends impact their profitability. Supply and Demand: Higher demand for the ETF pushes its price up, while increased selling pressure lowers it. Market sentiment towards semiconductors directly influences investor demand for XCS2. Currency Fluctuations: As XCS2 is listed on XETRA, changes in the EUR/USD exchange rate affect its relative value for international investors. A weaker Euro makes it cheaper for USD-based investors. ETF Management Fees: The ETF's expense ratio, although typically small, reduces returns and impacts the overall price over time. Higher fees mean slightly lower performance. Geopolitical Events: Events like trade wars or export restrictions that impact the semiconductor industry and global supply chains can cause volatility in the ETF's price.

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