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XWEB

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1d
1w
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Analysis and statistics

  • Open
    37.7126$
  • Previous Close
    37.4896$
  • 52 Week Change
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  • Day Range
    0.22$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

XWEB.XETRA is the symbol for the Amundi Index MSCI World Information Technology UCITS ETF DR, traded on the XETRA exchange (Deutsche Börse). This Exchange Traded Fund (ETF) aims to replicate the performance of the MSCI World Information Technology Index, which comprises companies from developed countries classified under the Information Technology sector. It offers investors exposure to a diversified portfolio of global IT companies, typically at a relatively low cost compared to actively managed funds.
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Factors

Underlying Asset Performance: The performance of the assets the ETF holds directly impacts its price. If the underlying assets increase in value, the ETF's price should also rise.

Supply and Demand: General market interest and investor sentiment towards the ETF influence buying and selling pressure, which affects the price. High demand usually increases the price, while high supply can decrease it.

Index Tracking: Xetra Web Technology UCITS ETF seeks to mirror the performance of its benchmark index. Deviations between the ETF's performance and the index can cause price adjustments.

Management Fees and Expenses: The ETF's operational costs, like management fees, indirectly affect its price. Higher expenses might lead to slightly lower returns, impacting its attractiveness.

Market Conditions: Broad economic and political events can influence overall market sentiment, which in turn affects the ETF's price. For example, global events such as economic recessions or political instability can hurt market performance.

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