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494220

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1d
1w
1m

Analysis and statistics

  • Open
    11410.6018$
  • Previous Close
    11362.6511$
  • 52 Week Change
    --
  • Day Range
    47.95$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

494220.KO represents the TIGER US S&P500 ETF, an exchange-traded fund listed on the Korea Exchange (KRX). This ETF aims to replicate the performance of the S&P 500 Index, a market-capitalization-weighted index of 500 of the largest publicly traded companies in the United States. By investing in this ETF, Korean investors can gain exposure to a diversified portfolio of leading U.S. stocks, providing a convenient and cost-effective way to participate in the U.S. equity market.
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Factors

Underlying Asset Performance: The ETF price mirrors the collective performance of its holdings. If the underlying assets appreciate, the ETF's price rises, and vice versa.

Supply and Demand: High demand relative to supply pushes the price up; excess supply causes it to fall. Trading activity significantly influences the market price.

Expense Ratio: Management fees and operational expenses decrease returns, thus affecting the ETF price over time compared to similar ETFs.

Index Tracking Error: Inability to precisely replicate the benchmark index return creates tracking error, influencing the ETF's market performance and price.

Market Sentiment: Overall investor mood (bullish or bearish) impacts buying and selling pressure, influencing ETF prices. Positive sentiment drives demand and price increases.

Economic Factors: Interest rates, inflation, and economic growth affect the underlying assets of the ETF, indirectly impacting the ETF's price.

Currency Fluctuations: If the ETF holds assets in a different currency, exchange rate changes can alter the ETF's price when measured in the base currency.

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