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XCS7

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1m

Analysis and statistics

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About

XCS7.XETRA represents shares of Xtrackers MSCI Europe Communication Services UCITS ETF 1C, traded on the XETRA exchange. This Exchange Traded Fund (ETF) aims to replicate the performance of the MSCI Europe Communication Services Index, providing investors with exposure to European companies within the communication services sector, including telecommunication and media businesses. The ETF is managed by DWS and is denominated in Euro. Investors can use it to gain diversified exposure to this specific sector of the European market.
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Factors

Underlying Index Performance: XCS7.XETRA's price closely tracks its benchmark index's performance. Positive index movement usually lifts the ETF price.

Supply and Demand: High demand pushes the price up, while increased selling pressure can lower it.

Market Sentiment: Overall investor optimism or pessimism about the market influences ETF pricing.

Currency Exchange Rates: Fluctuations in the EUR/USD rate, if the underlying assets are USD-denominated, will impact returns.

Expense Ratio: The ETF's management fee directly affects returns, with higher fees potentially reducing price gains.

Tracking Error: The degree to which the ETF deviates from the index affects its price. Larger tracking error can impact returns.

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