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XLRE

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Analysis and statistics

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About

XLRE.MX refers to the Financial Select Sector SPDR Fund that is traded on the Mexican Stock Exchange (BMV). This ETF tracks the performance of the real estate sector within the S&P 500 index. Therefore, it provides investors with exposure to a portfolio of U.S. real estate companies, including Real Estate Investment Trusts (REITs) and other real estate-related businesses, while being traded and denominated in Mexican pesos on the BMV.

Factors

Real Estate Sector Performance: Broad strength or weakness in Mexican real estate significantly impacts XLRE.MX.

Interest Rate Changes: Higher rates can decrease property values and increase borrowing costs, negatively affecting REITs.

Mexican Economy: A strong economy boosts demand for real estate; a weak economy reduces it.

Inflation: Rising inflation may lead to higher rental income, but also increased operating expenses.

REIT Specific Factors: News and performance of individual REITs within XLRE.MX's portfolio matters.

Investor Sentiment: General market optimism or pessimism towards REITs influences trading activity.

Exchange Rate Fluctuations: Changes in the MXN/USD rate may impact international investors.

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