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446690

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1d
1w
1m

Analysis and statistics

  • Open
    19203.9433$
  • Previous Close
    18608.1928$
  • 52 Week Change
    --
  • Day Range
    595.75$
  • 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

446690.KO is the symbol for the KODEX KOFR Interest Rate Active ETF. This exchange-traded fund is designed to track the performance of the Korea Overnight Financing Rate (KOFR). The KOFR is a benchmark interest rate representing the average overnight lending rate between financial institutions in South Korea. Therefore, the KODEX KOFR Interest Rate Active ETF provides investors with exposure to short-term interest rate movements in the Korean financial market.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets within the ETF, fluctuations directly impact ETF price.

Supply and Demand: Higher demand pushes prices up, while increased selling pressure lowers them.

Market Sentiment: General investor optimism or pessimism influences buying/selling decisions, affecting the ETF's price.

Expense Ratio: The ETF's operating costs, while small, can indirectly influence its price relative to its benchmark over time.

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