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XGVC

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Analysis and statistics

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About

XGVC.XETRA represents the Xtrackers Global Value Factor UCITS ETF, traded on the XETRA exchange. This Exchange Traded Fund (ETF) aims to replicate the performance of the Solactive Global Developed Markets Value Factor Index, which focuses on companies in developed markets exhibiting value characteristics such as low price-to-book and price-to-earnings ratios. Investors use XGVC.XETRA to gain diversified exposure to a portfolio of value stocks across global developed economies in a single investment vehicle.
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Factors

Constituent Asset Prices: The XGVC.XETRA ETF's price largely reflects the underlying value of the companies it holds. Price fluctuations in these companies directly impact the ETF's net asset value (NAV).

Supply and Demand: High demand for the ETF can push its price above its NAV, creating a premium. Conversely, high selling pressure can cause it to trade at a discount.

Index Tracking: The ETF aims to replicate the performance of a specific index. Deviations from this target due to tracking error can influence its market price.

Market Sentiment: Overall investor confidence and risk appetite can significantly affect demand for equities, impacting the ETF's price regardless of underlying asset values.

Currency Fluctuations: As XGVC.XETRA tracks global assets, exchange rate changes between the Euro and other currencies impact the ETF's Euro-denominated price.

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