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XEM

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Analysis and statistics

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About

XEM.TO is the ticker symbol for the iShares ESG Aware MSCI Emerging Markets ETF. This ETF aims to track the investment results of an index composed of emerging market equities that have positive environmental, social, and governance (ESG) characteristics, while exhibiting risk and return characteristics similar to the broader emerging markets equity universe. It provides investors with exposure to a diversified portfolio of emerging market companies with a focus on ESG factors.
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Factors

XEM.TO is an ETF tracking the S&P/TSX Equal Weight Global Base Metals Index. Global Metal Prices: The underlying value is directly tied to base metal prices like copper, aluminum, nickel and zinc. Increased global demand or supply disruptions drive metal prices higher, benefiting the ETF. Canadian Dollar Strength: Since base metals are often priced in USD, a stronger Canadian dollar can decrease the value of the ETF when converted back to CAD. Index Rebalancing: Periodic rebalancing of the S&P/TSX Equal Weight Global Base Metals Index can cause price fluctuations as fund managers adjust their holdings to match the index's updated composition. Investor Sentiment: Overall market sentiment towards commodities and base metals affects demand for the ETF. Optimism drives investment, increasing the price, while pessimism leads to selling pressure.

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