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315960

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Analysis and statistics

  • Open
    23822.7416$
  • Previous Close
    23374.5913$
  • 52 Week Change
    --
  • Day Range
    448.15$
  • 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

315960.KO is the ticker symbol for the KODEX K-Growth ESG Leaders ETF, an Exchange Traded Fund (ETF) listed on the Korea Exchange (KRX). This ETF aims to track the performance of an index composed of Korean companies that exhibit strong performance in Environmental, Social, and Governance (ESG) factors. In essence, it provides investors with exposure to a portfolio of Korean stocks selected based on their commitment to sustainable and responsible business practices, focusing on growth potential as well as ESG criteria.
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Factors

Component Stock Performance: The ETF's price largely mirrors the combined performance of its underlying stocks, influenced by company-specific news, earnings reports, and industry trends.

Supply and Demand: High demand drives prices up, while increased selling pressure pushes them down, influenced by investor sentiment and market conditions.

Index Tracking: The ETF aims to replicate the performance of its benchmark index. Deviations, known as tracking error, can impact its price relative to the index.

Expense Ratio: The ETF's management fee, deducted from its assets, indirectly affects the return and consequently the attractiveness of the ETF.

Market Sentiment: Broad market optimism or pessimism impacts investor risk appetite, affecting the overall demand for ETFs, including 315960.KO.

Interest Rates: Interest rate changes can affect the valuation of stocks held within the ETF, and indirectly influence ETF prices.

Currency Fluctuations: For ETFs holding international stocks, exchange rate movements can impact the ETF's return when converted back to the local currency.

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