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XU61

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1d
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1m

Analysis and statistics

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About

XU61.XETRA represents an exchange-traded fund (ETF) called iShares Core DAX UCITS ETF (DE). This ETF aims to replicate the performance of the DAX index, which consists of the 40 largest and most liquid German stocks traded on the Frankfurt Stock Exchange (XETRA). Investing in XU61.XETRA provides exposure to a diversified portfolio of leading German companies across various sectors, offering a cost-effective way to participate in the German equity market.
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Factors

Underlying Asset Performance: The primary driver is the performance of the underlying assets within the ETF's index, reflecting the value of the basket of stocks or bonds it tracks.

Supply and Demand: Market forces influence the price; higher demand increases the price, while increased supply decreases it. Creation and redemption of ETF shares impact supply.

Expense Ratio: The ETF's annual operating expense, deducted from the fund's assets, subtly affects returns and therefore price over time.

Tracking Error: Imperfect replication of the underlying index can cause deviations between the ETF's price and the index's performance.

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