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XDDA

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

Analysis and statistics

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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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About

XDDA.XETRA refers to the Xtrackers DAX Income UCITS ETF, an exchange-traded fund that aims to replicate the performance of the DAX index while also distributing income to investors. The DAX index represents the 40 largest and most liquid German companies listed on the Frankfurt Stock Exchange. As an income ETF, XDDA distributes dividends it receives from the underlying companies in the index to its shareholders.
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Factors

Underlying Asset Performance: XDDA.XETRA's price closely tracks the performance of the stocks in the DAX index. Strong DAX performance usually lifts the ETF, and vice versa. Supply and Demand: Increased buying pressure pushes prices up, while increased selling pressure causes prices to fall. Market sentiment toward German equities greatly influences this. Expense Ratio: The ETF's management fee, while small, slightly reduces returns compared to the underlying index. Higher fees mean slightly lower relative performance. Tracking Error: How accurately the ETF mirrors the DAX index affects price. Minimizing tracking error is crucial for consistent performance. Currency Exchange Rates: For investors outside the Eurozone, EUR exchange rate fluctuations impact the ETF's value. A stronger Euro boosts returns, a weaker Euro reduces them.

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