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XZW0

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol XZW0.XETRA represents the Xtrackers MSCI World Swap UCITS ETF. This ETF is designed to track the performance of the MSCI World index, which comprises large and mid-cap equities across developed markets globally. The ".XETRA" designation indicates that the ETF is listed and traded on the Xetra electronic trading platform, operated by Deutsche Börse. As a "swap-based" or synthetic ETF, it achieves its investment objective by using a financial derivative (swap) to replicate the index's returns rather than directly holding the underlying securities. This can offer benefits in terms of tracking accuracy and efficiency. It's a UCITS (Undertakings for Collective Investment in Transferable Securities) compliant fund, meaning it adheres to European regulations for investor protection and diversification.
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Factors

Underlying Asset Performance: XZW0.XETRA tracks an index; its price mirrors the performance of the index's constituent assets.

Supply and Demand: High demand pushes the price up, while increased selling pressure lowers it.

Market Sentiment: Overall investor optimism or pessimism affects ETF prices broadly, including XZW0.XETRA.

Expense Ratio & Tracking Error: The ETF's internal costs and how closely it follows its index impact its price.

Currency Fluctuations: If the underlying assets are priced in another currency, exchange rate changes will affect XZW0.XETRA's price.

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