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ZPR6

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1d
1w
1m

Analysis and statistics

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About

ZPR6.XETRA is the ticker symbol for the iShares STOXX Europe 600 Basic Resources UCITS ETF. This Exchange Traded Fund (ETF) is listed on the XETRA exchange, which is the trading platform of the Frankfurt Stock Exchange. The ETF aims to track the performance of the STOXX Europe 600 Basic Resources index, providing investors with exposure to European companies operating in the basic resources sector, including industries like mining, forestry, and steel. It is a UCITS ETF, meaning it adheres to the Undertakings for Collective Investment in Transferable Securities regulations, a European regulatory framework that aims to standardize and regulate investment funds across the European Union.
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Factors

Gold Price: ZPR6.XETRA replicates physical gold's performance, so gold price fluctuations directly impact its value.

Euro/USD Exchange Rate: Gold is priced in USD. ZPR6.XETRA is traded in EUR, so EUR/USD changes affect returns for Eurozone investors.

Management Fees & Expenses: The ETF's operational costs are deducted, slightly impacting its performance relative to spot gold.

Supply and Demand: Increased demand for the ETF can push its price slightly above its net asset value (NAV), and vice versa.

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