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219390

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    5552.5885$
  • Previous Close
    5553.4885$
  • 52 Week Change
    --
  • Day Range
    -0.90$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

219390.KO refers to the KODEX KOFR Interest Rate Active ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF seeks to provide investment results that closely correspond to the daily performance of the Korea Overnight Financing Repo (KOFR) interest rate. It essentially tracks the overnight lending rate in the Korean repo market, offering investors exposure to short-term interest rate fluctuations and functioning as a money market-like investment vehicle.
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Factors

Constituent Stock Prices: 219390.KO's price is driven by the aggregate performance of its holdings. Higher stock prices in its portfolio lead to ETF price increases.

Supply and Demand: Increased demand for 219390.KO raises its price, while higher supply lowers it. Market sentiment plays a key role here.

Index Tracking: The ETF aims to mirror its benchmark index. Deviations may occur, creating a tracking error that influences its price somewhat.

Dividend Yield: Dividends paid by the underlying stocks contribute to the ETF's overall return and can modestly affect its attractiveness and price.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth influence stock valuations and, subsequently, the ETF's price.

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