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XMLC

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

Analysis and statistics

  • Open
    17.7024$
  • Previous Close
    17.9008$
  • 52 Week Change
    --
  • Day Range
    -0.20$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

XMLC.MU represents the Xtrackers Physical Metals plc - Xtrackers Physical Silver EUR Hedged ETC, traded on the Munich Stock Exchange (MU). It's an Exchange Traded Commodity (ETC) that provides investors with exposure to the price of silver, while aiming to minimize the impact of EUR/USD exchange rate fluctuations. The ETC physically holds silver bullion and seeks to track the performance of the silver spot price, adjusted for hedging costs. Investors use this ETC to diversify their portfolios, speculate on silver price movements, or hedge against inflation.
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Factors

Underlying Holdings Performance: The primary driver is the collective performance of the underlying companies within the XMLC.MU ETF's portfolio. If these companies' stock prices rise, the ETF's price generally increases.

Supply and Demand: Market forces, specifically the supply and demand for the ETF shares themselves, play a role. Higher demand typically leads to a higher price.

Sector Sentiment: Overall investor sentiment towards the sector or industry that the ETF represents influences its price. Positive sector outlooks can drive up the price.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and economic growth impact the valuations of the underlying companies, therefore affecting the ETF's price.

Currency Fluctuations: Exchange rate movements can affect the ETF's value if its holdings are denominated in a different currency than the trading currency.

Management Fees and Expenses: The ETF's expense ratio and other management costs can subtly affect its price by reducing returns over time.

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