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XDWM

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

Analysis and statistics

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About

The ETF with the financial product symbol XDWM.XETRA refers to the Xtrackers MSCI World Momentum UCITS ETF 1C. It aims to track the performance of the MSCI World Momentum Index, which represents the performance of a strategy that is designed to identify stocks exhibiting relatively higher price momentum characteristics. It is traded on the XETRA exchange.
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Factors

Global Stock Market Performance: XDWM.XETRA tracks developed world equities. General market upswings or downturns significantly impact its value.

Currency Exchange Rates: As the ETF holds international assets, fluctuations between the Euro (reporting currency) and currencies of underlying holdings influence its price.

Investor Sentiment: Overall investor confidence or fear can drive buying and selling pressure, affecting demand and therefore price of XDWM.XETRA.

Economic Data Releases: Major economic announcements (GDP, inflation, employment) from developed countries can trigger market reactions and impact the ETF's price.

Interest Rate Changes: Central bank decisions on interest rates in major developed economies can influence investment flows and valuation of the ETF's holdings.

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